We have grown from a $1 billion company in 1993 to a $9.17 billion company in 2019. Is it just me, or is it seriously touching to know just how some of the largest trucking companies by number of trucks started out? Book loads in Carrier 360 to get savings and earn rewards on thethings you need most to keep your fleet moving. So the topics kind of go hand-in-hand. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. The company has more than 8,000 tractors and 23,000 trailers, which transport mostly merchandise and consumer products. Based inLowell AR, J.B. Hunt is one of the largest transportation and logistics companies inNorth America. The table even included everything from the tables I had been finding prior and then some! XPO Logistics is headquartered in Greenwich, Connecticut. Sign up for free today. LTL is generally a more economical alternative compared to Truckload (TL) because the shipper only pays for the space their shipment occupies. J.B. Hunt's temperature controlled shipment options include intermodal, full truckload and less-than-truckload and range from frozen to freeze protect. J.B. Hunt is passionate about providing company drivers access to some of the latest equipment the industry has to offer. We still like this investment. People you trust, technology that empowers, and capacity to deliver are the ideals J.B. Hunt uses to help us keep moving freight forward. Specifically, in Q1 2023's revenue was $3.2B; in Q3 2022, it was $3.8B; in Q1 2022, it was $3.5B; in Q4 2021, J.B. Hunt's revenue was $1.7B. Shipper 360 connects you with reliable carriers to match every load with the right truck at the right price and the right time so you dont have to. Company Description: J.B. Hunt Transport Services is one of the largest transportation, delivery, and logistics companies in North America. Visiting our Job Search pageis a great start! As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. J.B. Hunt Transport recently received its 5,000th International LT Series on-highway tractor only 3 years after purchasing its first LT, according to Navistar. About two-thirds of the company's revenues and profits come from intermodal. You can easily refer a driver online or call us at 1-800-270-5330. B. When youre ready to ship, optimize every delivery by choosing from one of the highly rated carriers accessible through the Shipper 360 platform. Hunt is a driver-focused company, and its been a privilege to work closely with them as a flagship customer, saidPersio Lisboa, Navistar president and CEO. According to their website, they focus on being service-driven, safe, and inclusive. This site and all content is copyright 2019 J.B. Hunt Transport, Inc. The J.B. Hunt logo, content or images may not be used or reproduced by any means without express, written consent. Currently, over 90% of all company drivers are home daily or weekly. The company currently employs over 24,000 and operates more than 12,000 trucks. ABF Freight System has around 13,000 employees. The types of trucks it takes to ship those hazardous materials and refrigerated items are also more costly, so the assumption that with larger revenue comes a larger fleet of trucks isnt always the case, either. Streamline your operations with smart shipping and end-to-end load management. Lets take, for example, two different sources I found on the largest trucking companies in the world one being a Top 100 list and the other focusing on the Top 50. The . YRC Freight is a subset of YRC Worldwide, which is headquartered in Overland Park, Kansas. J.B. Hunt Transport Services, Inc. is an American transportation and logistics company based in Lowell, Arkansas. "The 15 Largest Trucking Companies In North America" Zippia.com. What Companies Are In The Basic Industries Field? Any need. Still technically a trucking company, but to me fits in more with the broader topic of logistics, in which case would be better suited for another recent list of the Top 10 Logistics Companies in the World in 2017, or even 15 Biggest Logistics Companies in the World in 2017. Sounds like YRC Worldwide is on the right path! The trucking industry is a huge part of the economy that is unfortunately overlooked or even devalued as a job in many other sectors of industry. It operates more than 12,000 trucks and 100,000 trailers and containers. The company was founded in 1968 and employs over 10,000 owner-operators. Founded by Johnnie Bryan Hunt andJohnelleHunt in 1961, the companys continued growth is ingrained with innovation and the entrepreneurial spirit of our founders. And with 7,836 tractors and 24,715 trailers, its reassuring to know that some of these big-name trucking companies do all they can to keep their equipment as environmentally friendly as possible. This site and all content is copyright 2021 J.B. Hunt Transport, Inc. these other trucking companies really didnt even stand a chance when it came down to which trucking company has the most trucks. Sign up for free today. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. You can enter your email below to get our FREE report. This company also has a unique interest in hiring graduates of the University of North Florida, with 14.7% of its employees having graduated from there. Even according to Forbes, the richest trucking company is United Parcel Service (more commonly referred to as UPS). ", Chief Executive Officer of Bostwick Braun. The largest trucking company in the North America is UPS, with a revenue of $97.3 billion. J.B. Hunt 360 technology helps you find the right load at the right time. Truck drivers have been manually shifting gears in their trucks for decades; however, trucks with automatic transmissions continue to transform the industry. Perhaps youre looking to ship a small amount of freight to a new branch. You can get rich by returning 20% per year and compounding that for several years. Although with more revenue, it would be safe to say that a company could afford more trucks. He launched his hedge fund in 1956 with $105,100 in seed capital. In a free sample issue of our monthly newsletter we analyzed Warren Buffetts stock picks covering the 1999-2017 period and identified the best performing stocks in Warren Buffetts portfolio. Business data for J.B. Hunt Transport Services, Inc.: This page was last edited on 18 February 2023, at 21:55. For this particular article, since I was looking more for 2017/2016 largest truck fleets I didnt take revenue into consideration, whatsoever. Commercial Vehicle Staff. J.B. Hunt's Shipper 360 platform reduces your workload by taking care of every less than truckload shipment in one place. [11] Hair testing can detect prior drug usage for up to 90 days. Large Fleet. Learn about J.B. Hunt culture, salaries, benefits, work-life balance, management . It primarily operates large semi-trailer trucks ("semis") and provides transportation services throughout the continental Canada and Mexico. You can tell that OD takes customer service seriously, not just due to their success and their company motto: helping the world keep promises,but the company has won the Mastio and Co. Best LTL National Carrier award eight years in a row! Zippia. Honestly, that is quite impressive considering Knight is considered a smaller company (named on Top 200 Best Small company by Forbes for 15 consecutive years) and Swift is only about 50-years-old, which is compared to these other competitors, is more often than not 20-30 years younger. Schneider National was founded in 1935 and operates out of Green Bay, Wisconsin. Our mission is to create the most efficient transportation network in North America so we can drive value for you and your business. The data given includes 2017 revenue in millions, 2018 revenue in millions, and the year-over-year percentage change in revenue from 2017 to 2018 which shows whether the revenue has increased or decreased.