J.B. Hunt Transport Services (JBHT) risk factors: FY2025 10-K

Item 1A of the 10-K for the period ending 2025-12-31, filed 2026-02-24. 18 risk factor headings as filed. Read Item 1A in full · The whole 10-K · What changed since FY2024

1new since FY2024
1reworded
0removed
16unchanged

Headings mentioning a theme: Tariffs 0 · AI 1 · Cybersecurity 1 · China 0 · Interest rates 0. Compare across the S&P 500.

Risk factors

18
  1. _Risks Related to Our Industry_
  2. Our business can be significantly impacted by economic conditions, customer business cycles, government policies, and seasonal factors.
  3. Extreme or unusual weather conditions can disrupt our operations, impact freight volumes, and increase our costs, all of which could have a material adverse effect on our business results.
  4. Our operations are subject to various environmental laws and regulations, including legislative and regulatory responses to climate change. Compliance with environmental requirements could result in significant expenditures and the violation of these regulations could result in substantial fines or penalties.
  5. We depend on third parties in the operation of our business, particularly rail service providers, transportation equipment manufacturers, third party carriers and independent contractors.
  6. Rapid changes in fuel costs could impact our periodic financial results.
  7. Insurance and claims expenses could significantly reduce our earnings.
  8. We operate in a regulated industry, and increased direct and indirect costs of compliance with, or liability for violation of, existing or future regulations could have a material adverse effect on our business.
  9. Difficulty in attracting and retaining drivers and delivery personnel could affect our profitability and ability to grow.
  10. We operate in a competitive and highly fragmented industry. Numerous factors could impair our ability to maintain our current profitability and to compete with other carriers and private fleets.
  11. Our business can be significantly impacted by the effects of national or international health pandemics on general economic conditions and the operations of our customers and third-party suppliers and service providers.
  12. _Risks Related to Our Business_
  13. We derive a significant portion of our revenue from a few major customers, the loss of one or more of which could have a material adverse effect on our business.
  14. A determination that independent contractors are employees could expose us to various liabilities and additional costs.
  15. We may be subject to litigation claims that could result in significant expenditures.
  16. We rely significantly on our information technology systems, a disruption, failure or security breach of which could have a material adverse effect on our business.rewordedCybersecurity
  17. An inability to develop, adopt, and integrate new or enhanced technologies, including rapidly evolving artificial intelligence, could have a material adverse effect on our business.newAI
  18. Acquisitions or business combinations may disrupt or have a material adverse effect on our operations or earnings.

Read these in Item 1A · See the changes

Headings are the lines of Item 1A set wholly in bold or italics, as the parser reads them, without the introductory paragraph that opens the section. A heading is new when no heading in the prior 10-K matches it after ignoring case and punctuation, and reworded when it shares at least 60 percent of its words with one that went away. Source: the filing on sec.gov.