J.B. Hunt to Buy Walmart’s Intermodal Assets
J.B. Hunt Transport Services Inc. is one of the leading supply chain solutions providers in North America. Through its subsidiary, J.B. Hunt Transport Inc., the company offers a range of transportation and logistics services.
J.B. Hunt Transport Services plans to acquire Walmart's intermodal container and chassis fleets, thereby increasing its revenue in the transportation sector. Walmart utilize a services agreement rather than owning rail assets to move its goods.
WSJ: J.B. Hunt to Buy Walmart’s Intermodal Assets in a Shipping Agreement