J.B. Hunt Transport Services Enters/Terminates Agreements

TL;DR

JBHT just signed and axed some big deals, creating new financial obligations.

AI Summary

On November 25, 2025, J.B. Hunt Transport Services, Inc. entered into a material definitive agreement and also terminated a material definitive agreement. The company also created a direct financial obligation or an obligation under an off-balance sheet arrangement. These events are detailed in their 8-K filing.

Why It Matters

This filing indicates significant changes in J.B. Hunt's contractual and financial obligations, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — The entry into and termination of material definitive agreements, along with the creation of new financial obligations, suggests potential shifts in the company's business strategy or financial structure that warrant closer examination.

Key Players & Entities

• J.B. Hunt Transport Services, Inc. (company) — Registrant
• November 25, 2025 (date) — Date of earliest event reported
• Arkansas (location) — State of incorporation
• 71-0335111 (other) — IRS Employer Identification No.
• 615 J.B. Hunt Corporate Drive Lowell, Arkansas 72745 (address) — Business address
• ( 479 ) 820-0000 (phone_number) — Business phone

FAQ

Key Financial Figures

• $0.01 — hange on which registered Common Stock $0.01 par value JBHT NASDAQ Indicate by
• $1.7 billion — "we" or the "Company"), entered into a $1.7 billion Second Amended and Restated Credit Agre
• $1.0 billion — tends the maturity date of our existing $1.0 billion revolving line of credit for a new five
• $400 m — crease in the total commitment by up to $400 million, a $100 million increase from the
• $100 million — tal commitment by up to $400 million, a $100 million increase from the prior $300 million ac
• $300 million — a $100 million increase from the prior $300 million accordion (which, if fully exercised an
• $1.4 billion — ncrease the revolving line of credit to $1.4 billion). Additionally, the amended credit faci
• $700 million — inning November 25, 2025, to fund up to $700 million of term loans that, if and when so fund
• $500 million — This term loan commitment replaces the $500 million of term loans we previously borrowed an
• $1.5 billion — restates, and therefore supersedes, our $1.5 billion Amended and Restated Credit Agreement,

Filing Documents

• jbht20251201_8k.htm (8-K) — 31KB
• ex_894292.htm (EX-10.1) — 1007KB
• ex_894292img001.jpg (GRAPHIC) — 6KB
• ex_894292img002.jpg (GRAPHIC) — 3KB
• 0001437749-25-036646.txt ( ) — 1346KB
• jbht-20251125.xsd (EX-101.SCH) — 3KB
• jbht-20251125_def.xml (EX-101.DEF) — 11KB
• jbht-20251125_lab.xml (EX-101.LAB) — 15KB
• jbht-20251125_pre.xml (EX-101.PRE) — 11KB
• jbht20251201_8k_htm.xml (XML) — 3KB

01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT See the information set forth in Item 2.03 of this current report on Form 8-K, which is incorporated by reference herein.

02. TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT

ITEM 1.02. TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT See the information set forth in Item 2.03 of this current report on Form 8-K, which is incorporated by reference herein.

03. CREATION OF A DIRECT FINANCIAL OBLIGATION

ITEM 2.03. CREATION OF A DIRECT FINANCIAL OBLIGATION On November 25, 2025, J.B. Hunt Transport Services, Inc. and its principal operating subsidiary, J.B. Hunt Transport, Inc. (collectively, "we" or the "Company"), entered into a $1.7 billion Second Amended and Restated Credit Agreement, dated November 25, 2025, by and among J.B. Hunt Transport, Inc., as borrower, J.B. Hunt Transport Services, Inc., as parent guarantor, the lenders named therein, and Bank of America, N.A., as administrative agent. This amended credit facility extends the maturity date of our existing $1.0 billion revolving line of credit for a new five-year term, expiring November 25, 2030, with a right to request two one-year extensions of the maturity date (which, if fully exercised and agreed to by the lenders, would extend the revolving line of credit expiration date to November 25, 2032). The amended credit facility includes an increased accordion feature giving the borrower the right to request an increase in the total commitment by up to $400 million, a $100 million increase from the prior $300 million accordion (which, if fully exercised and agreed to by the lenders, would increase the revolving line of credit to $1.4 billion). Additionally, the amended credit facility provides a commitment of the lenders, upon requests of the borrower during the six-month period beginning November 25, 2025, to fund up to $700 million of term loans that, if and when so funded, would mature on November 25, 2028. This term loan commitment replaces the $500 million of term loans we previously borrowed and fully repaid in March 2025. The amended credit facility requires us to maintain certain covenants and financial ratios. Borrowing costs are based on the Secured Overnight Financing Rate (SOFR), or a Base Rate, plus an applicable margin and other fees. The amended credit facility contains customary default provisions and remedies, including a right to accelerate the payment of outstanding obligations. The Co

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits . 10.1 Second Amended and Restated Credit Agreement and related documents 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)

SIGNATURES

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 on the 2nd day of December, 2025. J.B. HUNT TRANSPORT SERVICES, INC. BY: /s/ Shelley Simpson Shelley Simpson President and Chief Executive Officer (Principal Executive Officer) BY: /s/ A. Brad Delco A. Brad Delco Chief Financial Officer, Executive Vice President (Principal Financial Officer)