Who are J.B. Hunt Transport Services, Inc.'s customers? Who does J.B. Hunt Transport Services, Inc. earn revenue from?

Revenue comes from counterparties including Walmart Inc, Simmons Foods. Full sourced list: valuechain.wiki/j-b-hunt/customers.md

Who does J.B. Hunt Transport Services, Inc. pay? Who are its key suppliers?

Costs flow to BNSF Railway Company, Norfolk Southern among others. Full sourced list: valuechain.wiki/j-b-hunt/suppliers.md

Intermodal and contract logistics

J.B. Hunt Transport Services, Inc.

J.B. Hunt earns revenue from rail-truck intermodal service, dedicated contract carriage, freight brokerage, and final-mile delivery. It pays rail partners including BNSF and Norfolk Southern for linehaul capacity and expands its service scope through logistics asset acquisitions.

Business categories Transport & Logistics · Industrial Infrastructure & Heavy Industry · primary

JBHT Updated Sep 24, 2026 4 AI consumers· 2 recurring

Per the valuechain.wiki graph, J.B. Hunt Transport Services, Inc. is directly linked to 2 companies (1 supply, 1 revenue relationships) and reaches 5 companies within two hops; the links are backed by 6 dated sources, 1 of them primary filings (as of 2026-09-24).

Annual return · 2026-10-09'21+50.6%'22-13.9%'23+15.6%'24-13.8%'25+15.2%YTD+18.6%

Money in ▸Walmart Inc●Simmons Foods◐

J.B. Hunt Transport Services, Inc.US$11.999096 billion in total revenue for FY2025

▸ Money outBNSF Railway Company●Norfolk Southern●

Financials & Segments

Total revenue · US$11.999096 billion in total revenue for FY2025 (SEC 10-K XBRL)
Segments · Intermodal (JBI) · Dedicated Contract Services (DCS) · Integrated Capacity Solutions (ICS) · Final Mile Services (FMS) · Truckload (JBT)

Revenue from

Walmart Inc High confidence
Walmart entered a multi-year intermodal service agreement with J.B. Hunt that increased existing volume and capacity commitments. The transaction value and share of J.B. Hunt revenue were not disclosed.
Confirms KO Korean Chamber of Commerce and Industry in the USA Published Feb 23, 2024: J.B. Hunt to Buy Walmart Intermodal Assets
Confirms EN J.B. Hunt Published Feb 22, 2024: J.B. Hunt Signs Long-Term Intermodal Agreement With Walmart
Simmons Foods Medium confidence
Simmons Foods outsourced its transportation function to J.B. Hunt Dedicated Contract Services. The contract value and share of J.B. Hunt revenue were not disclosed.
Confirms EN J.B. Hunt Published Sep 22, 2021: Fleet Management that Frees Your Business

Pays to

BNSF Railway Company High confidence
Most of J.B. Hunt's intermodal business moves on BNSF and Norfolk Southern. BNSF has been a core rail partner since 1989, but vendor-specific spending is not disclosed.
Confirms EN SEC EDGAR Published Feb 24, 2026: J.B. Hunt Transport Services FY2025 Form 10-K
Confirms KO Korea Maritime Institute Published Nov 29, 2023: International Logistics Weekly No. 695: Accelerating Competition in U.S.-Mexico Intermodal Services
Norfolk Southern High confidence
Norfolk Southern is one of the two principal rail providers for J.B. Hunt's intermodal business. Spending attributable to Norfolk Southern is not disclosed.
Confirms EN SEC EDGAR Published Feb 24, 2026: J.B. Hunt Transport Services FY2025 Form 10-K

Investments

BNSF Logistics, LLC High confidence· Amount $81M · transaction closed 2023-09-30 · Cash consideration for BNSF Logistics brokerage assets after working-capital adjustments
J.B. Hunt acquired BNSF Logistics' freight-brokerage assets and integrated them into Integrated Capacity Solutions. Cash consideration after working-capital adjustments was US$81.2 million.
Confirms EN SEC EDGAR Published Feb 24, 2026: J.B. Hunt Transport Services FY2025 Form 10-K
Confirms EN J.B. Hunt and BNSF Published Sep 14, 2023: J.B. Hunt to Acquire Brokerage Assets of BNSF Logistics

Value-chain ripple (2 tiers)

Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.

Company	Chain	'21	'22	'23	'24	'25	YTD
UnitedHealth Group Incorporated	lead2	+45.2	+6.9	+0.8	-2.4	-33.1	+21.9
Walmart Inc	lead1	+2	-0.5	+12.9	+74	+24.5	+0.6
J.B. Hunt Transport Services, Inc.	node	+50.6	-13.9	+15.6	-13.8	+15.2	+18.6
Norfolk Southern	benef1	+27.3	-15.6	-1.6	+1.6	+25.6	+15.6
Wabtec Corporation	benef2	+26.5	+9.1	+28	+50.1	+13.2	+34.2
Union Pacific Corporation	benef2	+23.3	-15.9	+21.6	-5.1	+3.9	+22.1

YTD as of 2026-10-09 · source: Yahoo Finance

J.B. Hunt Transport Services, Inc. operates across Intermodal and contract logistics. It is up +41.7% in 2026. The stock (+41.7%) is ahead of both its demand side (avg -3.2%) and supply side (avg +15.6%). Having run ahead of its chain, it is the first spot to give back if customer numbers fail to follow. Among connected nodes the furthest ahead is Norfolk Southern (+15.6%) and the furthest behind is Walmart Inc (-3.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It pays rail partners including BNSF and Norfolk Southern for linehaul capacity and expands its service scope through logistics asset acquisitions.

Analysis generated from returns as of 2026-09-04

Key Q&A

Who are J.B. Hunt Transport Services, Inc.'s customers? Who does J.B. Hunt Transport Services, Inc. earn revenue from?: Revenue comes from counterparties including Walmart Inc, Simmons Foods. Full sourced list: valuechain.wiki/j-b-hunt/customers.md
Who does J.B. Hunt Transport Services, Inc. pay? Who are its key suppliers?: Costs flow to BNSF Railway Company, Norfolk Southern among others. Full sourced list: valuechain.wiki/j-b-hunt/suppliers.md
If J.B. Hunt Transport Services, Inc. moves, who benefits? How far does the value-chain ripple reach?: Per the valuechain.wiki graph, J.B. Hunt Transport Services, Inc. is directly linked to 2 companies (1 supply, 1 revenue relationships) and reaches 5 companies within two hops; the links are backed by 6 dated sources, 1 of them primary filings (as of 2026-09-24).

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