ATA Recognizes J.B. Hunt Transport Services, Inc. With Four Safety Awards; Cited as Best in Industrial Safety.Business Editors LOWELL, Ark.--(BUSINESS WIRE)--Oct. 10, 2001 J.B. Hunt Transport Services The collective functions of layers 1 through 4 of the OSI model. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : JBHT JBHT J.B. Hunt Transport Services (stock symbol) ) has received four awards for safety achievement from the American Trucking Association (ATA (1) (AT Attachment) The specification for IDE drives. See IDE. (2) See analog telephone adapter. ATA - Advanced Technology Attachment ) including a first-place award recognizing the company's low rate of injury. The awards were presented to J.B. Hunt recently by the Safety and Loss Prevention Management Council of the ATA. The top award underscores the company's culture of safety, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Kirk Thompson, J.B. Hunt president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We value the well being of our employees and pride ourselves on having drivers and maintenance personnel of the highest quality. This recognition points to their desire to work as safely as possible and our ability to provide them a safe work environment in which they can excel. The ultimate winner is our customer who is served by the best and safest drivers in the industry." Another reason for the award is the company's commitment to training, according to J.B. Hunt's Vice President of Safety, Greer Woodruff. "We work with our employees to help them recognize the potential hazards of the job and how to perform their duties without injury," said Woodruff. J.B. Hunt recently initiated a focused safety program centered on development and implementation of Job Safety Analysis for its maintenance personnel as well as its Dedicated Contract Services (DCS (1) See also DSC. (2) Digital Cross-connect System) A network switching and grooming device used by telecom carriers. See digital cross-connect. ) division. The program identifies tasks associated with each job and any possible hazards that could be encountered. Control methods are also identified and taught to employees to show how the work can be performed without injury. "This program requires employee involvement and ownership of their work environment and practices," said Woodruff. "Each of our employees has responded accordingly." Its impact has resulted in a continuing reduction in J.B. Hunt's rate of injury - over the past five years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time company has seen a 60% improvement among maintenance personnel, a 34% improvement in over-the-road and intermodal drivers, and a 37% reduction among DCS employees, who do a significant amount of material handling to meet customers' specific needs. J.B. Hunt was also recognized by the ATA for its low accident rate, according to Woodruff. The company received three additional honors - a second-place award for DCS, and two third-place awards for intermodal local and truckload line-haul. These are given based on a company's accident rate as reflected by vehicle miles traveled. Over the last five years, J.B. Hunt has experienced a 48% reduction in preventable collisions as defined by the Department of Transportation. "Our first concern as a company is always the safety of our drivers and the general public," said Woodruff. "We're pleased that each of J.B. Hunt's operating groups was recognized for its low rate of motor vehicle accidents motor vehicle accident Public health A morbid condition that kills 45,000/yr–US; 60% are < age 35; MVAs account for 500,000 hospitalizations and most 20,000 spinal cord injuries, at a cost of $75 billion/yr . Our drivers take great pride in belonging to one of the safest fleets in the nation and in doing their job safely every day. These awards recognize their commitment, skill and professionalism," said Woodruff. Over the past five years, the company has posted a 50% reduction in accident rates, achieving one of the lowest accident rates among truckload carriers. About J.B. Hunt J.B. Hunt Transport Services, Inc. is one of the largest transportation logistics companies in North America with annual revenues of more than $2 billion. The company operates more than 11,000 trucks and approximately 40,000 trailers and containers. J.B. Hunt creates supply chain value through a variety of engineered, optimal solutions that include truckload and intermodal transportation services, dedicated fleet management, electronic commerce and logistics management. The company's stock is traded on NASDAQ under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors JBHT and is a component of the Dow Jones Transportation Average The Dow Jones Transportation Average (also called the "Dow Jones Transports;" DJTA) is the oldest U.S. stock market index. Components Today, the index consists of the following 20 companies (weighted to adjust for stock splits and other factors): |
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