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): March 28, 2017

 

 

 

 

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:

 

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

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

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

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

 

 

 
 

 

 

The information in this Current Report is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

 

 

ITEM 7.01.

REGULATION FD DISCLOSURE.

  

On Tuesday, March 28, 2017, we hosted a group of investors for meetings with management. In response to a question during the meetings, management, thinking that margin guidance had previously been disclosed, indicated that margins for its Dedicated Contract Services segment are expected to be approximately 12.0% - 13.0% for the full year 2017. Margins for the remaining business unit segments are expected to be approximately 10.5% - 11.5%, 3.0% - 5.0%, and 7.0% - 9.0% for the full year 2017 for Intermodal, Integrated Capacity Solutions, and Truck segments, respectively.

 

Management confirms its long term margin expectations of 11.0% - 13.0% for both Intermodal and Dedicated Contract Services, 4.0% - 6.0% for Integrated Capacity Solutions and 8.0% - 12.0% for its Truck segment with a focus on sustainable annual revenue growth in all segments. 

 

 
 

 

 

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 March 2017.

 

 

 

  J.B. HUNT TRANSPORT SERVICES, INC.  
       
       
       
  BY: /s/  John N. Roberts, III  
   

John N. Roberts, III

President and Chief Executive Officer

(Principal Executive Officer)

 
       
       

 

BY:

/s/  David G. Mee

 

 

 

David G. Mee

Executive Vice President, Finance and

Administration and Chief Financial Officer

(Principal Financial Officer)