J.B. Hunt Transport Services, Inc. Named Dry Van Grocery Carrier of the Year by Wal-Mart

    LOWELL, Ark.--May 23, 2002--J.B. Hunt Transport Services, Inc., has been awarded Wal-Mart Stores Inc.'s 2001 Dry Van Grocery Carrier of the Year. J.B. Hunt received the honor at the retailer's annual core carrier conference May 7 in Bentonville, Ark.
    The award was given to J.B. Hunt for outstanding performance in several areas including on-time service, ease of doing business, and the company's reliable capacity as measured through its load accept/reject percentage and surge capacity. Other criteria considered in the award were percentage of growth with Wal-Mart year-over-year and total revenue with the Wal-Mart transportation business.
    "We're honored to be recognized by Wal-Mart for our ongoing work with them," said Kirk Thompson, J.B. Hunt president and CEO. The two companies have a long-standing relationship that has grown through the years. J.B. Hunt also received Truckload Carrier of the Year honors in 1998, the first year Wal-Mart began formally recognizing it's transportation partners.
    "We're proud to provide multiple services to Wal-Mart and to assist them as they expand their grocery business. Our industry-leading capacity and superior customer service allows us to accommodate their growth needs in this important aspect of their business." According to Thompson, Wal-Mart utilizes J.B. Hunt's diversified offerings including dedicated contract services, van, intermodal, and logistics management services.
    "J. B. Hunt has been a reliable transportation partner for Wal-Mart for many years," said Dave Reiff, vice president of transportation for Wal-Mart Stores, Inc. "We're pleased to recognize their work for us with this award."

    About J.B. Hunt

    J.B. Hunt Transport Services, Inc. is one of the largest transportation logistics companies in North America with annual revenues of more than $2 billion. The company operates more than 11,000 trucks and approximately 44,000 trailers and containers. J.B. Hunt creates supply chain value through a variety of engineered, optimal solutions that include truckload and intermodal transportation services, dedicated fleet management, e-business, logistics management and professional services. The company's stock is traded on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. For more information about the company visit www.jbhunt.com.