Acquiring Company
J.B. Hunt
Acquired Company
Zenith Freight Lines
LowellTransportationLogisticsDescription
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, and Bassett Furniture Industries, Inc. (NASDAQ: BSET), a leading manufacturer and marketer of high-quality home furnishings, announced today that Bassett and J.B. Hunt Transport, Inc., the wholly-owned operating subsidiary of J.B. Hunt Transport Services, Inc., have entered into a definitive agreement under which J.B. Hunt Transport will acquire the assets of Zenith Freight Lines, LLC, a wholly-owned subsidiary of Bassett, for approximately $87 million.
Quick answer
J.B. Hunt is acquiring Zenith Freight Lines, announced January 31, 2022. J.B. Hunt is based in Lowell, Arkansas, United States.
- How much did J.B. Hunt pay for Zenith Freight Lines?
- 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 Zenith Freight Lines based?
- J.B. Hunt is based in Lowell, Arkansas, 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.
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Who to call at J.B. Hunt, and when
When J.B. Hunt changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day J.B. Hunt raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at J.B. Hunt, from your own LinkedIn network
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Frequently asked
Who acquired Zenith Freight Lines?
Zenith Freight Lines was acquired by J.B. Hunt, based in Lowell. The deal was reported on January 31, 2022. 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 Zenith Freight Lines?
J.B. Hunt's acquisition of Zenith Freight Lines was reported on January 31, 2022. J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, and Bassett Furniture Industries, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Zenith Freight Lines do?
Zenith Freight Lines is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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