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Announced

J.B. Hunt Transport to acquire the brokerage operations from BNSF Railway-backed BNSF Logistics.

Synopsis

J.B. Hunt Transport, a logistics management services and integrated transportation solutions to major corporations, agreed to acquire the brokerage operations from BNSF Railway-backed BNSF Logistics, a North American freight transportation company. Financial terms were not disclosed. “As we continue to work with BNSF Railway to develop solutions that drive value for customers, we recognized a unique opportunity to combine the companies’ efforts to serve the transportation market with 3PL services and leverage the investments J.B. Hunt has made in our technology platform, J.B. Hunt 360°. This acquisition is another step forward in our mission to create the most efficient transportation network in North America,” John Roberts, J.B. Hunt CEO.

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