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J.B. HUNT TRANSPORT SERVICES, INC.

(JBHT)
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Real-time Estimate Cboe BZX  -  12:42:15 2023-01-30 pm EST
188.48 USD   -1.63%
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J.B. Hunt Awards $55k in Total to Elementary Classrooms Through 10th Annual Adopt-a-Class Program

11/29/2022 | 10:02am EST

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, recently awarded $55,000 in total to 55 classrooms throughout the country during the 10th consecutive year of its Adopt-a-Class program. The program is an annual company initiative providing classrooms with resources to obtain learning supplies and additional classroom essentials.

“Adopt-a-Class is one of my favorite programs we offer at J.B. Hunt because it enriches education for students all throughout the country, specifically for the families of our drivers,” said Craig Harper, executive vice president and chief sustainability officer at J.B. Hunt. “Teachers work hard to ensure their students have the resources they need to be successful, and it’s imperative we do our part in giving back to the communities we live in.”

J.B. Hunt’s Adopt-a-Class program was founded in 2013 and is a program that allows drivers to have a direct impact on giving to the community. Each year, J.B. Hunt drivers nominate their child or grandchild’s classroom - kindergarten through fifth grade - for a chance to receive a school supply donation by submitting an essay. Once the recipients are notified, drivers often visit the classrooms to congratulate the teacher and students.

William Quintana, a J.B. Hunt Dedicated Contract Services® driver, had the honor of delivering to his daughter’s classroom this year at Monitor Elementary School in Springdale, Arkansas.

“Contributing to the class is really important because you don't know how much supplies they get,” said Quintana. “So contributing to them, it makes me feel happy knowing they're going to have more things to do during the school year. It gives them more opportunities to do more science work or other activities, that they could have missed out on.”

During his visit to Monitor Elementary, Quintana delivered a gift box to the classroom, and the students lit up with excitement. The delivery included a gift card for classroom supplies, and J.B. Hunt Adopt-a-Class shirts, hats, foam trucks, and activity books for students to enjoy. The students were then able to learn about Quintana’s career as a J.B. Hunt driver and take a tour of his company truck.

Angela Moore, a third-grade teacher at Monitor Elementary, said the funds will be valuable to her students' learning experience.

“My kids are getting an opportunity to have those hands-on activities that are so important to them,” added Moore. “Instead of being on a screen, they are doing things hands-on, that are building their brain, and just helping them with decision making and problem-solving skills.”

Since the inception of the program, 255 classrooms across the country have been selected for Adopt-a-Class, bringing J.B. Hunt’s total classroom donation to more than $200,000. It resulted from a previous pen-pal-like program the company hosted in which drivers would send postcards to the classrooms describing the places they would visit while traveling for their job. As more local and regional driving opportunities became available, the program evolved to maintain the educational benefits and experience of drivers engaging with students.

Chante Gordon, an elementary teacher in North Riverside, Illinois, shared how excited her students were to be selected as a recipient of J.B. Hunt’s Adopt-a-Class program.

“I cannot thank J.B. Hunt enough for the generous donation and making today so special for my students. They were thrilled to have their own gift bags to open, ask their questions, learn about what a truck driver does, and especially seeing the truck and honking the horn,” explained Gordon. “So many students told me this was the "best day ever!" and are excited to help make decisions about what we will purchase for our classroom. It was truly such a special day and one we will remember!”

Through charitable giving, J.B. Hunt strives to make a positive impact on its people and community by advancing educational opportunities. In October, J.B. Hunt announced it had awarded $250,000 in scholarships to 100 recipients as part of the company’s new scholarship program, the J.B. Hunt Scholarship Program for Families. The company plans to continue the program in 2023, with awards being renewable each year for up to four years as long as the recipient maintains a 2.5 GPA and full-time enrollment.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., a Fortune 500 and S&P 500 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, last 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.


ę Business Wire 2022
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Financials (USD)
Sales 2022 14 958 M - -
Net income 2022 1 025 M - -
Net Debt 2022 1 227 M - -
P/E ratio 2022 19,7x
Yield 2022 0,84%
Capitalization 19 839 M 19 839 M -
EV / Sales 2022 1,41x
EV / Sales 2023 1,44x
Nbr of Employees 33 045
Free-Float 49,4%
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Number of Analysts 25
Last Close Price 191,61 $
Average target price 191,00 $
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John N. Roberts Chief Executive Officer & Non-Independent Director
Shelley Simpson President, Executive VP-People & HR
John Kuhlow Executive VP, Chief Financial & Accounting Officer
James Kirk Thompson Vice President-Finance
Stuart Lockard Scott Chief Information Officer & Executive VP
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