J.B. Hunt Transport Services, Inc. Reserves Tesla Trucks
November 17 2017 - 7:00AM
Business Wire
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the
largest supply chain solutions providers in North America,
announced that it placed a reservation to purchase multiple Tesla
Semi tractors to be manufactured by Tesla. The electric tractor was
unveiled by Tesla at an event on November 16.
J.B. Hunt plans to deploy electric tractors to its Intermodal
and Dedicated Contract Services divisions to support operations on
the West Coast.
“Reserving Tesla trucks marks an important step in our efforts
to implement industry-changing technology,” said John Roberts,
president and chief executive officer at J.B. Hunt. “We believe
electric trucks will be most beneficial on local and dray routes,
and we look forward to utilizing this new, sustainable
technology.”
J.B. Hunt pioneered sustainable transportation through its
intermodal service and has a long history of delivering products in
safe, low-cost ways. In addition to the electric truck investment,
J.B. Hunt is also supporting sustainable initiatives such as
reducing engine idle time, governing top speed limits, converting
over-the-road shipments to intermodal, engineering fleet routes
that maximize efficiency, and using biodiesel fuels when
possible.
In April, J.B. Hunt announced a five-year, $500 million
commitment to enhancing operating systems, developing cloud
infrastructure, and creating innovative and disruptive
technologies. The additional investment in Tesla trucks further
demonstrates J.B. Hunt’s commitment to meeting the needs of an
evolving supply chain and introducing new technology for its
customers and employees.
About J.B. Hunt
J.B. Hunt Transport Services, Inc., a Fortune 500, S&P 500,
and NASDAQ-100 company, provides innovative supply chain solutions
for a variety of customers throughout North America. Utilizing an
integrated, multimodal approach, the company applies
technology-driven methods to create the best solution for each
customer, adding efficiency, flexibility, and value to their
operations. J.B. Hunt services include intermodal, dedicated,
refrigerated, truckload, less-than-truckload, flatbed, single
source, final mile, and more. J.B. Hunt Transport Services, Inc.
stock trades on NASDAQ under the ticker symbol JBHT and is a
component of the Dow Jones Transportation Average. J.B. Hunt
Transport, Inc. is a wholly owned subsidiary of JBHT. For more
information, visit www.jbhunt.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171117005116/en/
J.B. Hunt Transport Services, Inc.Carrie Johnson,
479-361-7710Communications Manager
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