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):   August 23, 2006

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	(Zip code)	(Registrant’s telephone number)
executive offices)

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:

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

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

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

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

ITEM 3.01.NOTICE OF FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD

See the information set forth in Item 5.02 of this current report on Form 8-K, which is incorporated by reference herein.

ITEM 5.02.ELECTION OF DIRECTOR

As previously reported on August 4, 2006, Mr. John A. Cooper, an independent member of our Board of Directors, resigned his position effective August 1, 2006.

As previously reported on August 22, 2006, Mr. Thomas L. Hardeman, an independent member of our Board of Directors, passed away on August 20, 2006.

As a result of the unfortunate and unexpected passing of Mr. Hardeman, the Company was technically not in compliance with Nasdaq Marketplace Rule 4350(c)(1) (the “Rule”), which requires that a majority of our Board of Directors be comprised of independent members.

We received a letter and notice from Nasdaq dated August 24, 2006, informing us that we were not in compliance with the Rule.

On August 23, 2006, our Board of Directors elected Gary Charles George to our Board.  On August 28, 2006, we issued a news release announcing Mr. George’s election to our Board.  A copy of that news release is filed as an exhibit to this Form 8-K.

Nasdaq has informed us that we have regained compliance with the Rule, and subject to disclosure requirements, this matter is now closed.

ITEM 9.01.FINANCIAL STATEMENTS AND EXHIBITS

(d)           Exhibits.

99.1         News release issued by J.B. Hunt Transport Services, Inc. on August 28, 2006.

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 29th day of August 2006.

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

2

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) 820-8111

FOR IMMEDIATE RELEASE

J.B. HUNT TRANSPORT SERVICES, INC. ELECTS
GARY CHARLES GEORGE TO ITS BOARD OF DIRECTORS

LOWELL, ARKANSAS, August 29, 2006  – J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced today that it’s Board of Directors met on Wednesday, August 23, 2006 to elect Gary Charles George to its Board. 

Mr. George, age 56, is Vice Chairman and Chief Executive Officer of George’s Inc., a private, fully-integrated poultry company in Northwest Arkansas. A graduate of the University of Arkansas, with a major in Business Administration, Mr. George currently serves as Chairman of the Board for Legacy National Bank and on the Board of Directors for the National Chicken Council. He was a member of the Board of Trustees for the University of Arkansas from 1995 through 2005, serving as Chairman of the Board of Trustees for the last year. He also served as Chairman of the Board of Directors for the First National Bank of Springdale from 2002 to 2003 and as a Director of the First National Bank of Springdale from 1978 - 2001. Preceding board memberships have included the Arkansas Poultry Federation, the Northwest Arkansas Radiation Therapy Institute, the American Egg Board and the Southeastern Poultry & Egg Association.

Mr. George replaces board member Thomas L. Hardeman, who passed away suddenly on August 20, 2006. Mr. Hardeman’s unexpected death, combined with the recent retirement of another independent director, left the Company temporarily out of compliance with Marketplace Rule 4350(c)(1) which requires that the majority of the Company’s Board be comprised of independent directors. NASDAQ acknowledged on August 24, 2006 that with the election of Mr. George, the Company regained compliance with the Rule and the matter was closed.

About J.B. Hunt
J.B. Hunt Transport Services, Inc., one of the largest transportation logistics companies in North America, focuses on the safe and reliable transport of full truckload freight to a diverse group of customers throughout the continental United States, Canada and Mexico. Our business operations are primarily organized through three distinct, yet complementary, business segments that include dedicated contract services, intermodal and dry van. Utilizing an integrated approach, we provide capacity oriented solutions centered on delivering customer value and industry leading service.

Our stock is traded on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. For more information about our Company, visit www.jbhunt.com.