JB Hunt, BNSF Initiate Joint Efforts To Improve Intermodal Capacity Challenges


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  • JB Hunt Transport Services Inc (NASDAQ:JBHT) and BNSF Railway Company (BNSF) have come together to substantially improve capacity in the intermodal marketplace.
  • Demand for intermodal services has grown significantly in recent years as companies look to secure capacity while reducing costs and their carbon footprint.
  • Based on current and projected trends, JB Hunt plans to grow its intermodal fleet to 150,000 containers in the next three to five years, reflecting a 40+% increase from 2021-end.
  • BNSF will increase capability at multiple intermodal facilities as part of the initiative. In addition to growing its container count, J.B. Hunt will add supporting chassis based on market need.
  • Price Action: JBHT shares are trading higher by 6.56% at $212.03 on the last check Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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