No bonuses.
That’s how bad things were in 2023 for J.B. Hunt Transport Services based in Arkansas.
A proxy filed by the company with the U.S. Securities & Exchange Commission revealed none of the company’s executives received a bonus for fiscal 2023 because the company didn’t meet minimum operating income standards for the year.
Arkansas Business reported the trucking firm’s operating income for 2023 was $993 million, far short of the $1.24 billion minimum standard for executives to reach the incentive plan payout.
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