J.B. Hunt gifts $1.5 million for sustainable, inclusive supply chains
$2.25 million will go to University of Arkansas Department of Supply Chain Management 494 2 minutes read (Photo: Jim Allen/FreightWaves)
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) announced a $2.25 million collaboration with the Sam M. Walton College of Business at the University of Arkansas Tuesday.
The collaboration will fund the exploration of sustainable business practices and solutions for current and future challenges the supply chain industry faces, a release said. It also targets increased inclusion and diversity across the supply chain.
“At the highest level, we want to bring [environmental, social and governance] concepts to the forefront of education and research in supply chain management, and it’s not there,” Matt Waller, the dean of Walton College, said in an interview with FreightWaves. Waller said this is an industry-level problem that will take collaboration among multi
J.B. Hunt, University of Arkansas Announce $2.25 Million Collaboration to Address Sustainability
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J.B. Hunt Transport Services, a supply chain solutions provider, and the University of Arkansas today announced a new $2.25 million collaboration with the Sam M. Walton College of Business that will increase awareness of inclusion and diversity in transportation and logistics and explore new, sustainable solutions to address current and potential industry challenges.
To support the new collaboration, J.B. Hunt will provide an incremental gift of $1.5 million to the University of Arkansas and reallocate $750,000 from the J.B. Hunt Innovation Center of Excellence, an ongoing effort between the two to improve supply chain management efficiency through technology. Two funds benefitting the Department of Supply Chain Management in the Walton College have been established that outline the direction for each initiative:
Furniture World News By Nic Ledoux on 12/22/2020
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), asupply chain solutions providers, and the University of Arkansas announced a new $2.25 million collaboration with the Sam M. Walton College of Business that will increase awareness of inclusion and diversity in transportation and logistics and explore new, sustainable solutions to address current and potential industry challenges. The transportation industry has changed so much in the last decade that fresh, innovative thinking is necessary for developing modern solutions,” said John Roberts, president and CEO of J.B. Hunt. “Through this collaboration, we will help educate and promote the value of an inclusive workplace, one that respects the individual and creates a welcoming environment for all ideas, values, and beliefs. It will also ensure that we remain steadfast in our efforts to reduce carbon emissions, ensure