JB Hunt, University of Arkansas collaboration focuses on future of supply chain

LOWELL, Ark.–(BUSINESS WIRE)–JB Hunt Transport Services Inc., one of North America’s largest supply chain solutions providers, and the University of Arkansas announced that the Sam M. Walton College of Business program for the supply chain study, ranked number one by Gartner, has officially been renamed the JB Hunt Transport Department of Supply Chain Management. Leaders from both organizations were at the JB Hunt Corporate Campus today to discuss how their efforts are making Northwest Arkansas an epicenter for the development of tomorrow’s industry and its leaders.

“JB Hunt and the University of Arkansas are shaping the future of supply chain, not just in Northwest Arkansas, but across the country,” said Shelley Simpson, President of JB Hunt.Together, we are preparing future leaders who will evolve with the industry to meet ever-changing supply chain challenges. This will help us achieve our mission to create the most efficient transportation network in North America, and ultimately the world. »

To extend support for their continued collaboration, JB Hunt also announced a new $1.5 million commitment to Walton College that will help enhance the development of JB Hunt Transport’s supply chain management department. Since 2017, JB Hunt has donated $7 million to the University of Arkansas to advance innovative supply chain-focused initiatives, including $5 million dedicated to enabling the supply chain program. highest-ranked procurement at Walton College for the past two years. JB Hunt and Walton College have launched numerous initiatives to study factors such as inclusion, sustainability, thought leadership, education and innovation. With a long-term vision to shape the future of integrated supply chain management, their efforts are focused on ensuring the industry has a modern workforce with professionals who can grow with it. industry to meet ever-changing supply chain challenges, combining logistics expertise with cutting-edge technology.

“Walton College aims to be the leader in supply chain management education, research and career preparation,” said Matt Waller, Dean of Walton College and holder of the Sam M Walton Leadership Chair in Business. “A gift of this magnitude from one of the world’s leading logistics companies can extend our reach to talented students, expert faculty and industry thought leaders. Together, we can advance positive industry growth and practices. »

Waller presented Simpson with a plaque acknowledging the department’s new name and the college’s appreciation for J.B. Hunt. The department named after the transportation industry leader will house the undergraduate program in Integrated Supply Chain Management recently ranked number one in North America by Gartner. The department’s graduate program ranked second.

JB Hunt and Walton College have worked closely since the department’s inception, beginning with JB Hunt Supply Chain University in 2014. The program has helped employees better understand the supply chain beyond transportation and logistics. In 2017, the two, along with the University of Arkansas College of Engineering, established the JB Hunt Innovation Center of Excellence, made possible by a $2.75 million grant from JB Hunt. The combined effort brought together researchers and students with JB Hunt employees to develop solutions through innovative design and technology. In 2020, the two announced a $2.25 million collaboration to raise awareness of inclusion and diversity in transportation and logistics, and last year, JB Hunt established a scholarship fund. studies endowed with $1 million to encourage students to pursue careers in the supply chain and contribute to the college’s diverse education. environment.

About JB Hunt

JB Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions to a variety of customers across North America. Using an integrated, multi-modal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility and value to their operations. JB Hunt’s services include Intermodal, Dedicated, Refrigerated, Truck, Truck, Flatbed, Sole Source, Last Mile, and more. JB Hunt Transport Services, Inc. shares trade on NASDAQ under the ticker symbol JBHT and are part of the Dow Jones Transportation Average. JB Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

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