• ITVI.USA
    12,499.850
    28.070
    0.2%
  • OTRI.USA
    16.210
    0.080
    0.5%
  • OTVI.USA
    12,486.680
    25.950
    0.2%
  • TLT.USA
    2.640
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.630
    0.110
    4.4%
  • TSTOPVRPM.CHIATL
    1.910
    0.050
    2.7%
  • TSTOPVRPM.DALLAX
    1.250
    -0.060
    -4.6%
  • TSTOPVRPM.LAXDAL
    2.390
    0.130
    5.8%
  • TSTOPVRPM.PHLCHI
    1.330
    0.070
    5.6%
  • TSTOPVRPM.LAXSEA
    2.750
    0.020
    0.7%
  • WAIT.USA
    103.000
    -17.000
    -14.2%
  • ITVI.USA
    12,499.850
    28.070
    0.2%
  • OTRI.USA
    16.210
    0.080
    0.5%
  • OTVI.USA
    12,486.680
    25.950
    0.2%
  • TLT.USA
    2.640
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.630
    0.110
    4.4%
  • TSTOPVRPM.CHIATL
    1.910
    0.050
    2.7%
  • TSTOPVRPM.DALLAX
    1.250
    -0.060
    -4.6%
  • TSTOPVRPM.LAXDAL
    2.390
    0.130
    5.8%
  • TSTOPVRPM.PHLCHI
    1.330
    0.070
    5.6%
  • TSTOPVRPM.LAXSEA
    2.750
    0.020
    0.7%
  • WAIT.USA
    103.000
    -17.000
    -14.2%
Company earningsFinanceIntermodalNewsTruckingTruckload

J.B. Hunt drivers and support personnel to get bonuses during outbreak

The $500 one-time bonus will be paid on Friday

J.B. Hunt Transport Services (NASDAQ: JBHT) announced that it would pay a one-time $500 bonus to drivers and personnel supporting those drivers at company and customer facilities during the COVID-19 pandemic.

“All of our employees have gone above and beyond the call to action during this crisis. And nearly all of our field-level, front-line employees and certainly all of our drivers are required in person and have upheld the high standards of our company. They have kept pace with the evolving supply chain needs of our customers in the face of great uncertainty,” said J.B. Hunt President and CEO John Roberts.

The bonuses will be paid on Friday to eligible employee drivers as well as field employees and managers.

“These bonuses serve as a token of our appreciation for their service and hard work during these unprecedented times,” Roberts continued.

Earlier this month, J.B. Hunt announced that employees not required on-site to perform their duties would work from home until at least April 3. For on-site employees, additional guidelines limiting travel and social interaction were implemented.

The company also has established an “emergency COVID-19 paid time-off policy” for employees unable to work “due to the illness or quarantine.”

Last week, freight broker Landstar System Inc. (NASDAQ: LSTR) announced that it would pay its business capacity owners (BCOs) who were diagnosed with the COVID-19 virus or required to quarantine. Those BCOs affected will receive $1,000 per week for up to two weeks.

“The safety and health of all J.B. Hunt employees and their families are of the utmost importance to us. We are very grateful for their dedication to ensure critical supplies reach their destination in these challenging times,” Roberts concluded.

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Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.

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