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J.B. Hunt To Acquire Brokerage Assets Of Bnsf Logistics

PUBLIC · JBHTSep 14, 2023

Acquiring Company

J.B. Hunt

Acquired Company

BNSF Railway

LowellFort WorthTransportationLogisticsTransportationLogistics

Description

Today, J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, and Burlington Northern Santa Fe, LLC announced J.B. Hunt’s subsidiary, J.B. Hunt Transport, Inc., has entered into a definitive agreement to purchase the brokerage operations of BNSF Logistics, LLC.

Quick answer

J.B. Hunt is acquiring BNSF Railway, announced September 14, 2023. J.B. Hunt is based in Lowell, Arkansas, United States.

How much did J.B. Hunt pay for BNSF Railway?
The deal value was not disclosed.
What does J.B. Hunt do?
J.B. Hunt’s vision is to create the most efficient transportation network in North America.
Where are J.B. Hunt and BNSF Railway based?
J.B. Hunt is based in Lowell, Arkansas, United States. BNSF Railway is based in Fort Worth, Texas, United States.
Who are the decision-makers at J.B. Hunt?
Fundz holds 2 contacts at J.B. Hunt. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Transportation and Logistics

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

J.B. Hunt

Location

615 Jb Hunt Corporate Dr

Lowell, Arkansas, United States

About

J.B. Hunt’s vision is to create the most efficient transportation network in North America. The company’s industry-leading solutions and mode-neutral approach generate value for customers by eliminating waste, reducing costs and enhancing supply chain visibility. Powered by one of the largest company-owned fleets in the country and third-party capacity through its J.B. Hunt 360°® digital freight marketplace, J.B. Hunt can meet the unique shipping needs of any business, from first mile to final delivery, and every shipment in-between. Through disciplined investments in its people, technology and capacity, J.B. Hunt is delivering exceptional value and service that enable long-term growth for the company and its stakeholders.

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Frequently asked

Who acquired BNSF Railway?

BNSF Railway was acquired by J.B. Hunt, based in Lowell. The deal was reported on September 14, 2023. J.B. Hunt’s vision is to create the most efficient transportation network in North America. J.B. Hunt is publicly traded (JBHT) and operates in Transportation.

When did J.B. Hunt acquire BNSF Railway?

J.B. Hunt's acquisition of BNSF Railway was reported on September 14, 2023. Today, J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, and Burlington Northern Santa Fe, LLC announced J.B. Hunt’s subsidiary, J.B. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does BNSF Railway do?

BNSF Railway is one of North America’s leading freight transportation companies. BNSF operates approximately 32,500 route miles of track in 28 states and three Canadian provinces. It is privately held, operating in Transportation, and is based in Fort Worth.

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