J.B. Hunt names Brad Delco as CFO effective September 1

LOWELL, Ark. - J.B. Hunt Transport Services Inc. (NASDAQ:JBHT), a transportation giant with a market capitalization of $13.87 billion, announced Thursday that Brad Delco has been appointed Chief Financial Officer and Executive Vice President of Finance, effective September 1. According to InvestingPro analysis, the company currently appears undervalued based on its Fair Value estimates.

Delco, who currently serves as Senior Vice President of Finance, joined J.B. Hunt in 2019 after spending 14 years at Stephens Inc., where he worked in corporate finance and equity research roles primarily covering the transportation industry.

During his tenure at J.B. Hunt, Delco has overseen investor relations, corporate development, and financial planning and analysis. He has also been involved in the company’s environmental, social and governance strategies and led ELEVATION, the company’s employee idea submission program.

"Brad’s deep background in finance and capital markets, coupled with his transportation industry knowledge, continues to fuel our financial strategy as we look toward disciplined future growth," said Shelley Simpson, president and CEO of J.B. Hunt.

The company also announced that John Kuhlow will serve as Chief Accounting Officer, focusing on financial management and regulatory compliance.

J.B. Hunt, one of North America’s largest supply chain solutions providers, operates services including intermodal, dedicated, refrigerated, truckload, less-than-truckload, and last mile delivery. The company is a component of both the S&P 500 and the Dow Jones Transportation Average.

The leadership changes come as the company focuses on operational excellence, cost discipline and scaling investments, according to the statement based on a company press release.

In other recent news, J.B. Hunt Transport Services announced its second-quarter earnings, reporting earnings per share of $1.31. This result was in line with Benchmark’s estimate and slightly exceeded the FactSet consensus of $1.30. Analysts at Benchmark maintained a Buy rating with a price target of $165, while TD Cowen reiterated a Hold rating with a $140 price target. BMO Capital also reaffirmed an Outperform rating, citing a $100 million cost savings plan that could reduce risks to future earnings. Following these developments, Truist Securities raised its price target for J.B. Hunt to $145, maintaining a Hold rating. The cost savings initiative is seen as a positive step towards margin stabilization, particularly in the JBI segment. Additionally, J.B. Hunt declared a quarterly dividend of $0.44 per share, payable on August 22, 2025, to stockholders of record as of August 8, 2025.

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