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J.B. Hunt Launches Solar Facility in Gentry to Offset as Much as 80% of Main Corporate Campus Building Power Usage

1. J.B. Hunt launched a solar facility to offset 80% of corporate power needs. 2. The facility produces approximately 9.3M kWh annually, aiding sustainability efforts. 3. Solar energy equates to removing 1,400 vehicles' worth of CO2 emissions yearly. 4. Construction began in 2024, highlighting J.B. Hunt's long-term sustainability commitment. 5. The project supports J.B. Hunt's goal to reduce carbon emissions by 32% by 2034.

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Why Bullish?

The investment in renewable energy can improve JBHT's efficiency and public image, similar to how other companies have seen stock growth post-sustainability initiatives.

How important is it?

The launch indicates a strategic shift towards sustainability, impacting investor perception and operational costs.

Why Long Term?

The sustainability focus is likely to provide ongoing benefits, as shown by companies like Tesla, which has experienced sustained market interest after adopting green technologies.

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LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced today the launching of its solar facility in Gentry, Arkansas, that will generate enough electricity to offset up to 80% of the power used by its three main corporate campus buildings in Lowell. The 40-acre solar facility includes nearly 18,000 solar panels and 10,000-plus bi-facial solar modules to capture sunlight, which is then converted to electricity and transmitted to a nearby electric grid for Carroll County Electric. The facility will produce approximately 9.3M kWh annually and utilize net metering, which helps transfer surplus power onto the power grid. “By commissioning this solar facility, J.B. Hunt is demonstrating our commitment to enhancing the communities we serve and to investing in economically viable practices aimed at creating a more sustainable supply chain,” said Greer Woodruff, executive vice president of safety, sustainability and maintenance at J.B. Hunt. “The annual amount of clean energy generated by the J.B. Hunt Solar Facility will be equivalent to that used by nearly 1,200 homes. And, by drawing power from the sun and not a carbon-based source, the carbon dioxide kept from entering the atmosphere will be equivalent to eliminating 1,400 passenger vehicles from the road each year. This is a great example of how we can create a more sustainable Northwest Arkansas for future generations who will also call it home.” Construction of the facility began in 2024. The project was managed by NextEra Energy and completed by Verogy. Both Trio (formerly Edison Energy) and Carroll Electric Cooperative Corporation provided ongoing consultation throughout planning and development. J.B. Hunt is committed to making sustainability a focus throughout the company’s organization – from maintenance and equipment to engineering and technology – as it pursues its vision to create the most efficient transportation network in North America. In 2023, J.B. Hunt surpassed the halfway mark to achieving its ambitious goal to reduce its carbon emission intensity 32% by 2034 from a baseline year of 2019. For more information on J.B. Hunt’s sustainability journey and solutions available for customers, visit the Environmental Sustainability Hub on the company’s website. About J.B. Hunt J.B. Hunt’s vision is to create the most efficient transportation network in North America. The company’s industry-leading solutions and mode-neutral approach generate value for customers by eliminating waste, reducing costs and enhancing supply chain visibility. Powered by one of the largest company-owned fleets in the country and third-party capacity through its J.B. Hunt 360°® digital freight marketplace, J.B. Hunt can meet the unique shipping needs of any business, from first mile to final delivery, and every shipment in-between. Through disciplined investments in its people, technology and capacity, J.B. Hunt is delivering exceptional value and service that enable long-term growth for the company and its stakeholders. J.B. Hunt Transport Services Inc. is a Fortune 500 company, an S&P 500 company and a component of the Dow Jones Transportation Average. Its stock trades on NASDAQ under the ticker symbol JBHT. J.B. Hunt Transport Inc. is a wholly owned subsidiary of JBHT. The company’s services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, transload and more. For more information, visit www.jbhunt.com.

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