J.B. Hunt Transport Services, Inc. Expands Final Mile Delivery Services with the Acquisition of Cory 1st Choice Home Delivery
J.B. Hunt Transport Services, Inc. (JBHT)
Last j.b. hunt transport services, inc. earnings: 4/14 04:05 pm
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US:NASDAQ Investor Relations:
jbhunt.com/company/investor_relations
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Source: Business Wire
LOWELL, Ark.--(BUSINESS WIRE)-- J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, today announced its subsidiary, J.B. Hunt Transport, Inc., has entered into a definitive agreement to purchase Cory 1st Choice Home Delivery for $100 million, to be funded using J.B. Hunt’s existing revolving credit facility. “This is a strategic investment that will further advance our final mile delivery capabilities of ‘big and bulky’ products to consumers and expand our expertise in furniture delivery,” said John Roberts, president and CEO of J.B. Hunt. Based in New Jersey and founded in 1934, Cory provides home delivery services of big and bulky products in the continental United States and U.S. territories using 14 warehouses and other customer-owned facilities. Cory utilizes more than 1,000 independent contractors, carriers and delivery dr
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News
- Bear of the Day: J.B. Hunt Transport Services (JBHT) [Yahoo! Finance]Yahoo! Finance
- J.B. Hunt Transport Services First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- J.B. Hunt Transport Services: Rating Downgrade On Weak Near-Term Outlook [Seeking Alpha]Seeking Alpha
- Pam Transportation books operating loss in ‘extremely challenging' Q1 [Yahoo! Finance]Yahoo! Finance
- J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) had its price target lowered by analysts at Loop Capital from $200.00 to $177.00. They now have a "hold" rating on the stock.MarketBeat
JBHT
Earnings
- 4/16/24 - Miss
JBHT
Sec Filings
- 4/16/24 - Form 8-K
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- JBHT's page on the SEC website