J.B. Hunt Transport Services, Inc., and BNSF have both requested a panel of arbitrators review their Joint Service Agreement revenue division.
The agreement between the two parties dates to 1991 when J.B. Hunt entered into what was then considered a landmark agreement with the Santa Fe Railway, which merged with Burlington Northern in 1995 to form BNSF. The agreement calls for the revenue division to be reviewed quarterly and has not gone to arbitration since 2004. The current request for arbitration pertains to the division of revenue collected since May 1, 2016.