J.B. Hunt Transport Services Inc., a leading player in the North American supply chain solutions landscape, has announced its subsidiary, J.B. Hunt Transport, Inc., is set to acquire the brokerage operations of BNSF Logistics, LLC. This strategic development signals a deeper collaboration between J.B. Hunt and Burlington Northern Santa Fe, LLC.
BNSF Logistics, LLC, an affiliate of BNSF Railway Company, specializes in third-party logistics (“3PL”) services, facilitating the movement of a diverse range of goods. This encompasses full truckload, flatbed, temp-controlled, drayage, expedited, and less-than-truckload services, employing both employee and agent models. However, it’s important to note that certain services, including warehousing, retail specialty, heavy-haul, and project operations, will remain unaffected by this acquisition.
CEO of J.B. Hunt, John Roberts, expressed the strategic significance of this move, highlighting the synergy between the companies’ efforts in the transportation market. He emphasized the integration of J.B. Hunt’s cutting-edge technology platform, J.B. Hunt 360°®, as a key driver for this acquisition. Roberts stated, “This acquisition is another step forward in our mission to create the most efficient transportation network in North America.”
The roots of this collaboration trace back to 1989 when J.B. Hunt and BNSF Railway revolutionized the industry with a groundbreaking double-stack shipping solution, blending rail and trucking services in a trailblazing manner. Their joint venture in March 2022 aimed to revolutionize capacity in the intermodal marketplace, reaffirming their commitment to offering enhanced solutions for the North American supply chain.
Katie Farmer, President and CEO of BNSF Railway, lauded this agreement, emphasizing the shared dedication of both companies to delivering top-notch intermodal services. She pointed out that this development builds on a remarkable 30-year partnership between BNSF and J.B. Hunt, further enhancing the integration of their collaborative services.