• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Market Reports

J.B. Hunt Transport Services acquires Special Logistics Dedicated, LLC

21st July 2017
in Market Reports, Roadways
0
SHARES
124
VIEWS
Share on FacebookShare on Twitter

J.B. Hunt Transport Services, Inc , one of the largest supply chain solutions providers in North America announced it has entered into an agreement to acquire Special Logistics Dedicated, LLC (SLD), and its affiliated entities, subject to customary closing conditions.

“SLD’s strong customer base and strategically placed fulfillment centers position us as a top national pool distribution services provider,” said John Roberts, president and CEO of J.B. Hunt. “This acquisition will also allow our customers to deploy ‘big and bulky’ inventories into key markets, improving order fulfillment times for Final Mile deliveries and further enhancing our e-commerce delivery capabilities.

We are excited to welcome the employees, customers, and carriers of SLD to J.B. Hunt.” The purchase price is $136 million with no assumption of debt. J.B. Hunt anticipates using its existing revolving credit facility to finance this transaction and to provide liquidity for future operations. The transaction is not expected to have a significant impact on interest expense. Preliminary valuations indicate an incremental amortization expense between $7 million and $10 million annually. J.B. Hunt

expects the transaction to be immaterial to 2017 operating results and accretive in 2018.

Based in Houston, SLD provides pool distribution services throughout North America using 14 terminals and fulfillment centers and a fleet of over 850 pieces of equipment. Service offerings include dedicated transportation at both dedicated and multi-use sites; cross-docking and contract logistics; less-thantruckload product consolidation; commingled pool distribution; and a Texas-based intrastate 57’ dry van highway service.

About J.B. Hunt
J.B. Hunt Transport Services, Inc., a Fortune 500, S&P 500, and NASDAQ-100 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT
and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

Previous Post

Sustainable Auto Assembly In South Africa Supported By Nissan

Next Post

Hull Trains named UK’s top performing long distance operator for fourth year

Related Posts

WMATA's updated bus plan to accelerate transition to zero-emission fleet
News

TfL Achieves Largest Zero-Emission Bus Fleet in Western Europe

20th September 2023
Wrightbus Secures UK Government Funding To Innovate Hydrogen Coaches
News

Wrightbus Secures UK Government Funding To Innovate Hydrogen Coaches

20th September 2023
News

Aurrigo to deploy autonomous technology on mainland Europe

20th September 2023
UK Plans A $95mn Hydrogen Gigafactory To Create Auto Parts
News

Transport infrastructure: over EUR 352 million of EU funding to boost greener mobility

20th September 2023
G20 summit: Transport project to link India to Middle East, Europe unveiled
News

G20 summit: Transport project to link India to Middle East, Europe unveiled

20th September 2023
Siemens supports expansion of e-bus charging infrastructure in Germany
News

Siemens supports expansion of e-bus charging infrastructure in Germany

16th September 2023
Next Post

Hull Trains named UK’s top performing long distance operator for fourth year

Latest Post

DHL Global Forwarding Meets Demand for Australia's High Value Perishables Exports
Airways

DHL Express launches its first network flight to Argentina

7th September 2023
ANA Cargo becomes first Japanese carrier to join Pharma.Aero
Airways

ANA Expands SAF Flight Initiative Services for Air Cargo

7th September 2023
Menzies Aviation extends cargo partnership with Jazeera Airways at Kuwait Airport
Airways

Menzies Aviation extends cargo partnership with Jazeera Airways at Kuwait Airport

5th September 2023
Qatar Airways to launch flights to Rabat and expand JBA with Royal Air Maroc
Airways

Qatar Airways Cargo rolls out service to protect valuable and vulnerable shipments

5th September 2023
Swissport awarded CEIV Pharma in Liege and Toronto
Airways

Swissport awarded CEIV Pharma in Liege and Toronto

3rd September 2023
DHL Global Forwarding Meets Demand for Australia's High Value Perishables Exports
Airways

DHL to invest $192M USD at its hub at the Cincinnati-Northern Kentucky International Airport to accommodate growing fleet

8th August 2023
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.