J.B. Hunt Transport

Fuel cell startup Hyzon Motors appears in line for SPAC windfall

Fuel cell startup Hyzon Motors Inc. appears in line for a cash windfall from a special purpose acquisition company (SPAC) as soon as this week. It would join a parade of electric vehicle makers and infrastructure companies getting their businesses funded by eager investors.

SPACs sometimes are called blank-check companies because investors pile in money without knowing the merger target.

Hyzon is a spinoff of Singapore’s Horizon Fuel Cell Technologies, which has sold thousands of fuel cells in...

https://www.freightwaves.com/news/fuel-cell-startup-hyzon-motors-appears-in-line-for-spac-windfall

Navistar, GM and J.B. Hunt collaborate on fuel cell trucks

Navistar International Corp. is leading a four-way collaboration to get long-haul fuel cell electric trucks and hydrogen into production by 2024 with test vehicles being piloted in late 2022.

A Class 8 International RH Series day cab from Navistar (NYSE: NAV) is the platform with a target range of more than 500 miles and 15-minute refueling.

General Motors Co. (NYSE: GM) will use two Hydrotec fuel cell power cubes as the power plant replacing the RH Series diesel engine. Each power cube contains...

https://www.freightwaves.com/news/navistar-gm-and-jb-hunt-collaborate-on-fuel-cell-trucks

J.B. Hunt gifts $1.5 million for sustainable, inclusive supply chains

J.B. Hunt gifted $1.5 million to the University of Arkansas for sustainable supple chains.

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) announced a $2.25 million collaboration with the Sam M. Walton College of Business at the University of Arkansas Tuesday.

The collaboration will fund the exploration of sustainable business practices and solutions for current and future challenges the supply chain industry faces, a release said. It also targets increased inclusion and diversity across the supply chain.

“At the highest level, we want to bring [environmental, social and governance]...

https://www.freightwaves.com/news/jb-hunt-gifts-15-million-for-sustainable-inclusive-supply-chains

Sizing up the future of contract freight in uncertain times

from left: Kyle Lintner, principal and managing director at K-Ratio; MoLo Solutions CEO Andrew Silver; Josh Phelan, vice president of finance at J.B. Hunt Transport; and Michael Carlisle, logistics operations director at United States Cold Storage discuss contract freight at the FreightWaves North American Supply Chain Summit.

It’s freight-bidding season again as carriers, brokers and third-party logistics providers vie for shipper contracts for 2021. But good luck trying to forecast for the coming year with so many unknowns in the economy and the pandemic.

“It’s an understatement to say the unknown has never been greater than it is right now,”  Kyle Lintner, principal and managing director at K-Ratio, said during the FreightWaves North American Supply Chain Summit on Tuesday.

Lintner led a lively discussion about the...

https://s29755.pcdn.co/news/sizing-up-the-future-of-contract-freight-in-uncertain-times

Table set for 3Q truckload earnings blowout

Unidentified truck on highway

The rubber will soon meet the road for trucking companies. After a couple of months of improving data points, positive commentary from management and analysts raising their earnings expectations, the third-quarter earnings season kicks off later this week. Temperature-controlled truckload (TL) carrier Marten Transport (NASDAQ: MRTN) is first up with results on Thursday, followed by J.B. Hunt Transport Services (NASDAQ: JBHT) on Friday.

Favorable data points throughout the third quarter

After a...

https://s29755.pcdn.co/news/table-set-for-3q-truckload-earnings-blowout

Navistar delivers 5,000th LT Series tractor to J.B. Hunt

Navistar International LT Series tractor

Just 3½ years after purchasing its first International LT Series on-highway tractor, J.B. Hunt Transport Services Inc. took delivery of its 5,000th, Navistar International Corp. said Tuesday.

J.B. Hunt (NYSE: JBHT) has more LT Series vehicles in its fleet than any other company in the general freight segment, Navistar (NYSE: NAV) said. The Lisle, Illinois-based truck and bus maker has delivered tens of thousands of vehicles to J.B. Hunt over decades of working together. 

J.B. Hunt drivers were...

https://s29755.pcdn.co/news/navistar-delivers-5000th-lt-series-tractor-to-jb-hunt

J.B. Hunt gets dibs on trying out Freightliner electric eCascadia

J.B. Hunt Transport eCascadia

J.B. Hunt Transport Inc. is running drayage from the Port of Los Angeles in a Freightliner eCascadia battery-electric truck.

The subsidiary of J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) is the first of 14 companies to try the zero-tailpipe-emission Class 8 tractor as part of Daimler Trucks North America’s (DTNA) expanded exposure to fleets ahead of taking orders in late 2021.

DTNA has accumulated more than 300,000 electric miles on 20 eCascadias and 10 Class 6 medium-duty eM2 106 trucks...

https://s29755.pcdn.co/news/jb-hunt-gets-dibs-on-trying-out-freightliner-electric-ecascadia

DOT doubles progress in human trafficking fight

The U.S. Department of Transportation (DOT) more than doubled a goal staked out earlier this year to get 100 pledges in 100 days to raise awareness of human trafficking in the transportation sector.

Over 200 companies and organizations answered the call for the effort that DOT Secretary Elaine Chao made in January. Those that have signed on to the effort “are joining the Department to ensure that America’s transportation systems are not hijacked to facilitate human trafficking,” said U.S....

https://www.freightwaves.com/news/dot-doubles-progress-in-human-trafficking-fight

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