Comment / On the wires: JB Hunt's M&A – seeking growth with more of the same

Loader moves piano instrument. Courier delivers furniture in case of move out, relocation. Delivery service concept. Man with beard, worker in overalls and helmet lifts up piano, white background

06/01/2020

“JB Hunt Transport Services (…) today announced that its subsidiary, JB Hunt Transport, Inc, acquired the assets of RDI Last Mile on December 31, 2019. The transaction was funded using JB Hunt’s existing revolving credit facility.” JB Hunt, 2 January 2020.

Just as more broadly in the logistics arena rather than in the trucking field, bolt-on and major deal talk keeps swirling around in Europe and the Middle East, the first certainty of 2020 is that of a small deal signed on New Year’s Eve ...