J.B. Hunt Expands Commitment to Sustainability with New Vehicles
J.B. Hunt Expands Commitment to Sustainability with New Vehicles
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, has announced a significant move toward enhancing its sustainability initiatives by adding 20 Nikola Tre fuel cell electric vehicles (FCEVs) to its fleet. This addition marks a pivotal step in advancing sustainable transport solutions for its customers, particularly those with freight needs along the West Coast.
Greer Woodruff, executive vice president of safety, sustainability, and maintenance at J.B. Hunt, highlighted the company's ability to provide unmatched expertise and resources to customers. He expressed confidence that zero-emission vehicles like these FCEVs contribute significantly to creating viable options for reducing carbon emissions throughout the supply chain. J.B. Hunt is dedicated not only to assisting its customers but also to progressing on its sustainability journey.
These new FCEVs are set to support J.B. Hunt's Intermodal operations in California, focusing on efficient port and drayage transport. Their introduction comes in response to growing concerns among shippers regarding recent state regulations designed to cut carbon emissions and promote the adoption of zero-emission vehicles. By partnering with J.B. Hunt, customers have the opportunity to eliminate specific fees and lower their carbon footprint effectively.
With over 200 alternative-powered vehicles already in operation, including battery-electric, hydrogen-electric, and renewable natural gas (RNG) units, J.B. Hunt's fleet is designed to meet the evolving demands of modern logistics. The expansion into the Nikola FCEV domain indicates the company's proactive approach toward incorporating alternative fuels into customer operations. Nikola's HYLA brand will provide the necessary fueling and infrastructure support.
J.B. Hunt's commitment to alternative-powered vehicles stems from its dedicated teams, who continually test and explore new technological avenues. The launch of a pilot program featuring the new Cummins X15N engine signifies J.B. Hunt's passion for innovation. This latest RNG-powered vehicle allows the company to assist customers in realizing their sustainability goals effectively.
To further its environmental objectives, J.B. Hunt has established specific focus areas, including incorporating alternative-powered vehicles into its fleet, broadening the use of biogenic fuels, and enhancing fuel efficiency. The company has set an ambitious target to reduce its carbon emission intensity by 32% by 2034 from a baseline established in 2019, and its strategic efforts have already seen progress beyond the halfway mark.
Offering a Variety of Flexible, Sustainable Solutions
Focused on customer needs and sustainability targets, J.B. Hunt collaborates with clients to deliver impactful solutions. The company’s sustainability offerings encompass a range of initiatives. Here’s a glimpse of their key offerings:
Intermodal Conversion
As an industry leader in converting over-the-road shipments to rail, J.B. Hunt facilitates a significant reduction in shipment carbon footprints—averaging a decrease of 65% compared to standard truck transportation. Over the past decade, their intermodal service has contributed to avoiding an estimated 30 million metric tons of CO2 emissions.
Empty-Mile Reduction
Maximizing efficiency, J.B. Hunt utilizes its advanced technology platform, J.B. Hunt 360°, to secure backhaul capacity for its customers, effectively eliminating millions of empty miles annually. In 2023 alone, J.B. Hunt was able to avoid over 4 million empty miles through this strategic approach.
Carbon Diet Services
J.B. Hunt's Carbon Diet Services offer a tailored best practices guide, advising clients on cost-effective methods to reduce carbon emissions. This guide employs the company's proprietary CLEAN Transport™ Carbon Calculator to accurately assess customer carbon footprints.
CLEAN Transport™ Program
Through its CLEAN Transport™ initiative, J.B. Hunt provides a flexible carbon-neutral shipping solution, enabling customers to acquire carbon offset credits equivalent to the emissions generated by their freight.
For those curious about J.B. Hunt’s sustainability advancements and available solutions, detailed information is accessible through the company's dedicated sustainability hub on their website.
About J.B. Hunt
J.B. Hunt is driven by the vision of developing the most efficient transportation network across North America. Its industry-leading solutions and mode-neutral strategy create exceptional value for clients by minimizing waste, reducing costs, and enhancing overall supply chain visibility. Supported by one of the largest company-owned fleets and a robust digital freight marketplace, J.B. Hunt is equipped to manage the unique shipping requirements of a diverse customer base.
As a Fortune 500 and S&P 500 company, J.B. Hunt stands as a vital player in the logistics sector. With a comprehensive array of services including intermodal, dedicated, refrigerated, truckload, and last mile logistics, the company is committed to ensuring exceptional service that fosters long-term growth for itself and its stakeholders.
Frequently Asked Questions
What are Nikola FCEVs?
Nikola FCEVs are fuel cell electric vehicles that use hydrogen to generate electricity, producing zero emissions during operation.
How is J.B. Hunt promoting sustainability?
J.B. Hunt promotes sustainability by integrating alternative-powered vehicles into its fleet, reducing carbon emissions through intermodal transport, and offering carbon offset programs.
What is the goal for carbon emission reduction?
J.B. Hunt aims to reduce its carbon emission intensity by 32% by 2034 from 2019 levels.
How does the J.B. Hunt 360° platform contribute to efficiency?
The J.B. Hunt 360° platform enhances efficiency by securing backhaul capacity and reducing empty miles traveled, which lowers overall environmental impact.
What other services does J.B. Hunt provide?
The company offers a wide range of services including intermodal, dedicated, refrigerated transport, truckload services, and more to meet diverse shipping needs.
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