Form 8-K · Current Report · Filed 2025-01-29
J.B. Hunt Transport Services Introduces New Performance-Based Bonus Plan for Executives
On January 23, 2025, J.B. Hunt Transport Services, Inc. announced the adoption of a new performance-based annual cash incentive program for its named executive officers. The 2025 Company Bonus Plan is tied to the company's operating income, revenue (excluding fuel surcharge revenue), and safety performance metrics. Named executives, including the Chairman and President and CEO, can earn bonuses ranging from 25% to 300% of their annual base salary based on the company's performance against targeted goals.
- Filer
- J.B. Hunt Transport Services Inc. JBHT · NASDAQ
- Filed
- Accession
- 0001437749-25-002117
- CIK
- 0000728535
- Signal
- Low impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$172.66
Next session
+0.4%
Since filing
+57.4%
Latest close
$271.75
What happened, not what will happen — closing prices around the filing date.
About J.B. Hunt Transport Services Inc.
J.B. Hunt Transport Services Inc. is a leading transportation and logistics company in North America. Its primary function is to provide safe and reliable freight shipping solutions across a variety of industries. The company operates through four principal business segments: Intermodal, Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The Intermodal segment, a standout feature, seamlessly integrates rail and road transport to deliver cost-efficient and environmentally friendly freight solutions. In addition to its robust transportation services, J.B. Hunt is at the forefront of logistics innovation, leveraging technology to enhance supply chain management and freight matching. Headquartered in Lowell, Arkansas, J.B. Hunt plays a critical role in facilitating efficient goods movement, thereby supporting the backbone of the North American economy. It is recognized for its extensive network, operational expertise, and commitment to sustainability, making it a significant player in the logistics and transportation sector.
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