0001104659-05-045118.txt : 20050921 0001104659-05-045118.hdr.sgml : 20050921 20050921154403 ACCESSION NUMBER: 0001104659-05-045118 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050920 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050921 DATE AS OF CHANGE: 20050921 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUNT J B TRANSPORT SERVICES INC CENTRAL INDEX KEY: 0000728535 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 710335111 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11757 FILM NUMBER: 051095790 BUSINESS ADDRESS: STREET 1: 615 JB HUNT CORPORATE DR CITY: LOWELL STATE: AR ZIP: 72745 BUSINESS PHONE: 5018200000 8-K 1 a05-16602_18k.htm 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

September 20, 2005

J.B. HUNT TRANSPORT SERVICES, INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

Arkansas	0-11757	71-0335111
(STATE OR OTHER JURISDICTION OF	Commission File Number	(IRS EMPLOYER
INCORPORATION OR ORGANIZATION		IDENTIFICATION NO.)

615 J.B. Hunt Corporate Drive
Lowell, Arkansas	72745	(479) 820-0000
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)	(ZIP CODE)	(Registrant’s telephone number)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 8.01.	OTHER EVENTS.

	On September 20, 2005, we issued a news release announcing an arbitrators’ decision in a dispute with the BNSF Railway. As a result of this decision, we will record a one-time charge to third quarter net earnings of approximately $16.5 million, or approximately ten cents per diluted share.

ITEM 9.01.	FINANCIAL STATEMENTS AND EXHIBITS

	Exhibit 99.1	News release issued by the registrant on September 20, 2005.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized, in the city of Lowell, Arkansas, on the 20th day of September 2005.

	J.B. HUNT TRANSPORT SERVICES, INC.


	BY:	/s/ Kirk Thompson
		Kirk Thompson
		President and Chief Executive Officer


	BY:	/s/ Jerry W. Walton
		Jerry W. Walton
		Executive Vice President, Finance and
		Administration,
		Chief Financial Officer


	BY:	/s/ Donald G. Cope
		Donald G. Cope
		Senior Vice President, Controller,
		Chief Accounting Officer

EX-99.1 2 a05-16602_1ex99d1.htm EX-99.1

Exhibit 99.1

J.B. Hunt Transport Services, Inc.	Contact:	Kirk Thompson
615 J.B. Hunt Corporate Drive		President and
Lowell, Arkansas 72745		Chief Executive Officer
(NASDAQ: JBHT)		(479) 820-8110

FOR IMMEDIATE RELEASE

J. B. HUNT TRANSPORT SERVICES, INC. ANNOUNCES ARBITRATION FINDINGS

LOWELL, ARKANSAS, September 20, 2005 - J. B. Hunt Transport Services, Inc., (NASDAQ:JBHT) announced today receipt of the arbitrators’ decision in its dispute with the BNSF Railway (BNI).

As a result of this decision, JBHT will record a one-time charge to net earnings in the third quarter of 2005, pursuant to the retroactive application of the decision to July 7, 2004, the date the arbitration commenced, of approximately $16.5 million, or approximately ten cents per diluted share, net of income taxes. Going forward, the Company estimates a reduction in net earnings of approximately two cents per diluted share in the fourth quarter due to an increase in purchased transportation expense.

The details of this arbitration award, as well as the Joint Service Agreement between us and the railroad, are confidential. We believe the resolution of this matter will allow JBHT and BNI to continue their fifteen year history of providing efficient intermodal service to our customers.

“We are glad to have this proceeding behind us. With this clear interpretation of our agreement accomplished, we expect to be able to continue to work with BNI to make our relationship even stronger than it was before. We believe it remains an agreement of historic proportions that has changed the landscape of intermodal transportation and has not only greatly benefited the shipping public, but the two parties as well”, stated Kirk Thompson, President and Chief Executive Officer.

This report contains estimates and forward-looking statements, which are based on information currently available. Actual results may differ materially from those currently anticipated due to a number of factors, including, but not limited to, those discussed in Item 7 of our Annual Report filed on Form 10-K for the year ended December 31, 2004. We assume no obligation to update any forward-looking statement to the extent we become aware that it will not be achieved for any reason. This press release and related information will be available immediately to interested parties on our web site: www.jbhunt.com.

Date of Report (Date of earliest event reported):

September 20, 2005

Arkansas

0-11757

71-0335111