Breakthrough intermodal service delivers
consistency, agility and speed to move service-sensitive highway
freight
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the
largest supply chain solutions providers in North America, and BNSF
Railway (BNSF), North America’s largest intermodal rail provider,
today announced the launch of Quantum, a breakthrough intermodal
service that accommodates the service-sensitive highway freight
needs of customer supply chains.
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the full release here:
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Quantum provides the consistency, agility and speed needed to
transport service-sensitive highway freight using rail. Solutions
are customized specifically to each customer’s needs, taking into
account service expectations, transit requirements and operational
procedures. The Quantum team is comprised of both J.B. Hunt and
BNSF operators housed together at a new Intermodal Innovation
Center at BNSF headquarters in Fort Worth, Texas. Their workflow is
integrated at every step of the intermodal shipping process – from
planning to execution and oversight to exception management.
“Quantum allows customers with service-sensitive freight to
benefit from the cost savings of intermodal, while reducing their
carbon footprint and maintaining the level of service and
consistency needed in their supply chains,” said Darren Field,
president of intermodal at J.B. Hunt. “Our joint service and
capacity are unmatched. When combined with J.B. Hunt’s broad range
of flexible solutions, there’s no provider in the industry who can
match Quantum’s ability to move your most important freight.”
Quantum customers can anticipate up to 95 percent on-time
delivery service approximately a day faster than traditional
intermodal service. Planning starts with aligning forecasts for
dray, container and rail capacity with customer needs. Priority
drayage and rail movement are incorporated to provide faster, more
consistent transits.
“We are excited to bring this innovative vision to life by
creating Quantum with J.B. Hunt,” said Tom Williams, group vice
president of consumer products at BNSF. “Built on a long-standing
strategic partnership foundation and decades of intermodal capacity
expansion investments, Quantum will provide a faster and more
consistent intermodal solution to customers. Our new Intermodal
Innovation Center will foster continued collaboration between our
companies to continue evolving with our customers’ supply chain
needs and create the intermodal solution of the future.”
The Quantum team provides 24/7 oversight of every Quantum load
and can quickly detect and resolve issues before they impact final
delivery. Service and technology integration allow the Quantum team
to identify variability and recommend an alternate solution among
standard intermodal, expedited intermodal and over-the-road.
“Quantum provides the exceptional intermodal service needed to
consistently meet the demands of the most complex freight,” said
Spencer Frazier, executive vice president of marketing and sales at
J.B. Hunt. “Its solutions are flexible to address supply chain
challenges in real time. Customers have access to multiple modes
for unexpected concerns such as potential delays, volume surges or
production issues.”
Quantum is a premium intermodal service, and pricing will vary
based on need. Customers can anticipate cost to range between that
of traditional intermodal service and over-the-road service. Based
on analysis of J.B. Hunt 360°® transactions and annual bid
activity, J.B. Hunt estimates that as many as 7 to 11 million loads
of freight support conversion from over-the-road truck service to
intermodal service. Converting over-the-road highway freight to
rail intermodal is the most widely available ground transportation
solution for cutting carbon emissions, reducing a shipment’s carbon
footprint by an average of 60 percent compared to over-the-road
truck transportation.
34 Years of Intermodal Collaboration
The name of the groundbreaking service is a nod to J.B. Hunt and
BNSF’s (then Santa Fe Railway) historic effort to bring rail and
trucking together into a streamlined service. In 1989, the two
launched the industry’s first modern intermodal transportation
solution – also named Quantum – with 150 trailers. The growth was
explosive, leading to more innovations: double stacking containers,
creating company-owned chassis and adding onsite terminals and
express gates.
Recent efforts by J.B. Hunt and BNSF to improve intermodal
service efficiency helped lay the groundwork for Quantum. In 2022,
the two launched a joint initiative to improve capacity in the
intermodal marketplace while also meeting the expanding needs of
customers. This included plans from J.B. Hunt to grow intermodal
capacity to as many as 150,000 containers in the next few years.
BNSF committed to creating additional capacity at existing
intermodal facilities in the near term and also their intention to
build a new state-of-the-art master planned rail facility in
Southern California, the Barstow International Gateway, serving the
Southern California ports. Together, their efforts helped address
container velocity and service efficiency during a volatile
market.
J.B. Hunt and BNSF announced the new service during a keynote at
the FreightWaves F3: Future of Freight Festival in Chattanooga,
Tennessee. In September, J.B. Hunt purchased the brokerage
operations of BNSF Logistics, an affiliate of BNSF Railway
Company.
About J.B. Hunt
J.B. Hunt Transport Services Inc. is on a mission 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 with more than 163,000
pieces of trailing equipment and nearly one million accessible
trucks 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.
About BNSF Railway
BNSF Railway is one of North America’s leading freight
transportation companies. BNSF operates approximately 32,500 route
miles of track in 28 states and three Canadian provinces. BNSF is
one of the top transporters of consumer goods, grain and
agricultural products, low-sulfur coal, and industrial goods such
as petroleum, chemicals, housing materials, food, and beverages.
BNSF’s shipments help feed, clothe, supply, and power American
homes and businesses every day. BNSF and its employees have
developed one of the most technologically advanced, and efficient
railroads in the industry. We work continuously to improve the
value of the safety, service, energy, and environmental benefits we
provide to our customers and the communities we serve. You can
learn more about BNSF at www.BNSF.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231107757298/en/
Brittnee Davie press@jbunt.com
Zak Andersen Media@BNSF.com
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