J.B. Hunt Pronounces Government Management Adjustments

J.B. Hunt Transport Companies Inc. (NASDAQ: JBHT), one of many largest provide chain options
suppliers in North America, introduced the next modifications to its government management crew:

• Nick Hobbs, persevering with his duties as Chief Working Officer, has been named President of Freeway and Ultimate Mile
  Companies® (FMS)
• Government Vice President Brad Hicks has been named President of Devoted Contract Companies® (DCS®)
• David Keefauver has been named Government Vice President of Individuals

“We’re ready to ship distinctive worth for our prospects and shareholders all through our full suite
of companies, and these modifications align the strengths and expertise of our executives to steer and develop these
companies into the long run,” mentioned Shelley Simpson, president and CEO. “As we navigate present market
dynamics and put together for a return to extra regular seasonal demand patterns, we anticipate a big addressable
alternative to seize further market share and see higher returns on our strategic investments.”

Nick Hobbs will develop into President of Freeway and FMS, along with remaining Chief Working
Officer. As President of Freeway Companies, Hobbs will oversee the corporate’s Built-in Capability Options (ICS)
and Truckload (JBT) enterprise items. His regular and disciplined method led DCS and FMS to premier standing as suppliers
for personal fleet substitute and massive and ponderous companies. Hobbs just lately celebrated 40 years with the corporate.

As COO, Hobbs will proceed to collaborate with all division operators to align the corporate’s Buyer Worth
Supply® efforts throughout our group and oversee the corporate’s upkeep and security efficiency, led
by Greer Woodruff, EVP of Security, Sustainability and Upkeep. Eric McGee and Brian Webb will stay of their
present roles as EVP of Freeway Companies and EVP of FMS, respectively, and help Hobbs within the management of those
enterprise items. 

Brad Hicks will assume the function of President of Devoted Contract Companies, having spent
greater than 25 years working throughout the corporate’s DCS section, and can concentrate on increasing the enterprise
unit’s future market measurement alternative. Beforehand serving as President of Freeway Companies, Hicks additionally served as
Government Vice President of DCS from 2017 to 2020, strengthening relationships with current prospects and driving new
enterprise alternatives. In his function as EVP of Individuals, he additionally led the corporate’s efforts to help staff
by enhancements to our wellness and advantages, profession progress and an inclusive tradition. Hicks has 28 years of
expertise with the corporate.

David Keefauver has been named EVP of Individuals, bringing his people-first
mindset to a brand new function and driving higher efficiencies throughout the group’s personnel
teams. Beforehand EVP of DCS, Keefauver has persistently leveraged his in depth operations expertise, individuals
management abilities and concentrate on operational excellence to drive new progress. His management throughout DCS served prospects
with specialised gear, certified drivers and unmatched market density. Starting his profession with the corporate as a
supervisor trainee, Keefauver has over 29 years of expertise at J.B. Hunt.

The brand new positions can be efficient December 1. All three executives will report back to President and CEO Shelley
Simpson.

“As we put together for an eventual flip within the freight market, we’ve got centered our complete group on being
operationally wonderful and scaling our long-term investments to allow our firm to generate acceptable returns
that ship shareholder worth. The energy and resiliency of our group is supported by our mode impartial
method and the consistency, tenure and experience of our individuals and government management crew, and these strikes
deal with the potential we see throughout the corporate as we transfer into 2025,” mentioned Simpson.

This press launch could include forward-looking statements, that are primarily based on info presently obtainable. Precise
outcomes could differ materially from these presently anticipated on account of a variety of elements, together with, however not restricted
to, these mentioned in Merchandise 1A of our Annual Report filed on Type 10-Ok for the 12 months ended December 31, 2023. We assume
no obligation to replace any forward-looking assertion to the extent we develop into conscious that it’ll not be achieved for
any purpose. This press launch and extra info can be obtainable to events on our
web site, www.jbhunt.com.

About J.B. Hunt

J.B. Hunt’s imaginative and prescient is to create probably the most environment friendly transportation community in North America. The corporate’s
industry-leading options and mode-neutral method generate worth for patrons by eliminating waste, lowering prices
and enhancing provide chain visibility. Powered by one of many largest company-owned fleets within the nation and
third-party capability by its J.B. Hunt 360°® digital freight market, J.B. Hunt can meet the distinctive
transport wants of any enterprise, from first mile to last supply, and each cargo in-between. By way of disciplined
investments in its individuals, expertise and capability, J.B. Hunt is delivering distinctive worth and repair that allow
long-term progress for the corporate and its stakeholders.  

J.B. Hunt Transport Companies Inc. is a Fortune 500 firm, an S&P 500 firm and a part of the Dow Jones
Transportation Common. Its inventory trades on NASDAQ below the ticker image JBHT. J.B. Hunt Transport Inc. is a completely
owned subsidiary of JBHT. The corporate’s companies embrace intermodal, devoted, refrigerated, truckload,
less-than-truckload, flatbed, single supply, final mile, transload and extra. For extra info, go to www.jbhunt.com.