Terms of the deal were not made public.
BCB has 275 drivers and power units, according to the Federal Motor Carrier Administration's SAFER website.
Privately held, BCB Transport has achieved what a statement from CRST called "impressive growth over the past 12 years, strategically operating a flexible asset and asset-light capacity model in one of the nation’s densest transportation corridors."
“We are thrilled to have BCB join Team CRST. With an impeccable track record for performance and data-driven mindset, BCB will complement CRST’s Capacity Solutions business allowing us to find more ways to maximize our capacity and provide unlimited solutions for customers,” said Hugh Ekberg, CRST president and CEO. “In addition to operational excellence, BCB’s industry-leading safety efforts align perfectly with CRST’s culture that keeps safety at the core of all we do.”
With a similar mindset and customer base, BCB will help CRST deepen existing relationships and open the door to a few new ones.
“In CRST, we’ve found the perfect match for our business. A team that shares our commitment to safety first, customer service, and empowering all team members aligns with the principles we defined when we started BCB,” said Rick Larkin, BCB Co-Founder. “We are excited to take this next step and formally bring our teams together.”
J.B. Hunt & BNSF form new intermodal service
J.B. Hunt Transport Services Inc. and BNSF Railway, today announced the launch of Quantum, an intermodal service that accommodates the service-sensitive highway freight needs of customer supply chains.
Quantum provides the consistency, agility and speed needed to transport service-sensitive highway freight using rail. Solutions are customized specifically to each customer’s needs, taking into account service expectations, transit requirements and operational procedures. The Quantum team is comprised of both J.B. Hunt and BNSF operators housed together at a new Intermodal Innovation Center at BNSF headquarters in Fort Worth, Texas. Their workflow is integrated at every step of the intermodal shipping process – from planning to execution and oversight to exception management.
“Quantum allows customers with service-sensitive freight to benefit from the cost savings of intermodal, while reducing their carbon footprint and maintaining the level of service and consistency needed in their supply chains,” said Darren Field, president of intermodal at J.B. Hunt. “Our joint service and capacity are unmatched. When combined with J.B. Hunt’s broad range of flexible solutions, there’s no provider in the industry who can match Quantum’s ability to move your most important freight.”
According to a statement from the two companies, "Quantum customers can anticipate up to 95 percent on-time delivery service approximately a day faster than traditional intermodal service. Planning starts with aligning forecasts for dray, container and rail capacity with customer needs. Priority drayage and rail movement are incorporated to provide faster, more consistent transits."
The two companies also said, "(The) Quantum team provides 24/7 oversight of every Quantum load and can quickly detect and resolve issues before they impact final delivery. Service and technology integration allows the Quantum team to identify variability and recommend an alternate solution among standard intermodal, expedited intermodal and over-the-road."
Quantum is a premium intermodal service, and pricing will vary based on need. Customers can anticipate costs to range between that of traditional intermodal service and over-the-road service.
In September, J.B. Hunt purchased the brokerage operations of BNSF Logistics, an affiliate of BNSF Railway Company.