THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

J.B. Hunt Transport Services, Inc. (JBHT)

3/15/2006 Proxy Information

Johnelle D. Hunt is the wife of founder and former Senior Chairman of the Board J.B. Hunt, and Bryan Hunt is the son of J. B. and Johnelle D. Hunt. There are no other family relationships among the foregoing Directors. As an employee of the Company, she received a salary of $100,000 for her services as the CompanyŐs corporate secretary. The Company also submitted payment of $10,000 on her behalf for professional fees and provided a Company match of $3,000 to her 401(k) account.

A son-in-law of Mr. Thompson, President and Chief Executive Officer of the Company, was employed by the Company in calendar year 2005 and received in calendar year 2005 compensation that exceeded $60,000. He was employed in calendar year 2000, prior to becoming Mr. ThompsonŐs son-in-law.

On October 13, 2005, the Company announced a gift of $10 million to the University of Arkansas to facilitate the construction of the new J.B. Hunt Transport Services, Inc. Center for Academic Excellence. Mrs. Hunt serves as Treasurer for the University of ArkansasŐ Campaign for the 21st Century, and Dr. John A. White serves as Chancellor of the University of Arkansas. Neither of the aforementioned Board members was instrumental in securing the contribution, nor did either participate in the voting processes related to this transaction.

The contribution represents an investment by our Company in a growing institution, located only 10 miles from our headquarters, in the pursuit of excellence that has not only provided training and skills for many of our current employees, but also allows us to participate in the education of the next generation of J.B. Hunt Transport Services team members. The J.B. Hunt Transport Services, Inc. Center for Academic Excellence will serve as a focal point and enabling infrastructure for information technology, supply chain management, computational science and engineering, and technology-enabled education, research and outreach on the University campus to prepare students for the diverse, innovative, collaborative, team-oriented environment prevalent in todayŐs workspace. The close proximity of the University to our Company is invaluable as we jointly identify transportation and technology issues that require the brightest and best minds to insure that the American supply chain remains the model for the world.

3/21/2005 Proxy Information

Johnelle D. Hunt is the wife of founder and former Senior Chairman of the Board, J. B. Hunt, and Bryan Hunt is the son of J. B. and Johnelle D. Hunt.

J.B. and Johnelle D. Hunt were employees of the Company in calendar year 2004. Mr. Hunt received $382,211 in salary, $217,550 for professional services, and $3,054 for personal use of the Company airplane. Mr. Hunt retired from the Company on December 31, 2004, and will receive no compensation in 2005. Mrs. Hunt received $100,000 in salary for her services as the CompanyŐs Corporate Secretary. She will continue to serve in 2005.

In April 2004, the Company sold its aircraft hanger to Pinnacle Air Facilities LLC (Pinnacle) for $988,000. Mr. Hunt, founder and Senior Chairman of the Company, is a principal and director of Pinnacle.

A son-in-law of Mr. Kirk Thompson, President and Chief Executive Officer of the Company, was employed by the Company in calendar year 2004 and received calendar year 2004 compensation that exceeded $60,000. He was employed in calendar year 2000, prior to becoming his son-in-law.

3/16/2004 Proxy Information

As disclosed in last yearŐs Proxy Statement, Mr. Robo served as President of the GE Capital TIP/Modular Space division (TIP) until February, 2002. TIP, a supplier of trailer renting and leasing equipment, was, and continues to be, under contract with the Company. During calendar year 2002, the Company paid GE Capital/TIP $61 million in trailer and modular building rent payments. The Company also paid GE Capital $25 million for containers and chassis. Mr. Robo has had no further involvement with GE Capital/TIP since his separation in February 2002. He therefore, has had no further exposure to this operation and as such has no information to disclose since that separation.

In regard to the J.B. and Johnelle D. Hunt Life Insurance Trust, the Company no longer funds the annual premiums. To abide by the new directives implemented by the Sarbanes-Oxley Act of 2002, the Company discontinued this practice in calendar year 2002. The premium payments previously paid by the Company and owed to the Company through calendar year 2003 are $10,696,277.00. The amounts owed to the Company are to be paid from the J.B. and Johnelle D. Hunt Insurance Trusts of which the children of J.B. and Johnelle D. Hunt, Bryan Hunt and Jane Hardin, are Trustees. It has been the intention of the Company to collect the amounts owed at the time the insurance trust is funded with proceeds from the life insurance. They are, however, personally guaranteed by Mr. and Mrs. J.B. Hunt.

Johnelle Hunt is the wife of J. B. Hunt and Bryan Hunt is the son of J. B. and Johnelle Hunt.

Wayne Garrison has been Chairman of J.B. Hunt Transport Services, Inc. since 1995. He was Vice Chairman from January 1986 until May 1991, Chief Executive Officer in 1987, President in 1982, Executive Vice President of Finance in 1979, Vice President of Finance in 1978 and Plant Manager in 1976.

3/24/2003 Proxy Information

Prior to the enactment of the Sarbanes-Oxley Act of 2002, the Company advanced premiums on the life insurance policies for Mr. and Mrs. J.B. Hunt. The premium advances plus accrued interest is a receivable to the Company from a trust, which is the owner and the beneficiary of the policy. Bryan Hunt and Jane Hardin, children of J.B. and Johnelle D. Hunt, serve as trustees and are the beneficial owners. The Company has a guarantee from Mr. and Mrs. Hunt for the amount of premiums paid by the Company together with accrued interest at the rate of 5% per annum for the period January 3, 1990 through July 20, 2000 and at the CompanyŐs annual adjusted average cost of borrowing thereafter, currently at 7.39%. On July 24, 2002, the Company advanced premiums of $600,000 with respect to the life insurance policies of which Mr. HuntŐs share, as reported by the insurance carriers, consisted of $22,096. Accordingly, Mrs. HuntŐs share was $11,048. With the enactment of the Sarbanes-Oxley Act of 2002, the Company will no longer advance such premiums.

Mr. Robo served as President of the GE Capital TIP/Modular Space division (TIP) in January and February of 2002. TIP, a supplier of trailer renting and leasing equipment, was, and continues to be, under contract with the Company. During calendar year 2002, the Company paid GE Capital/TIP $61 million in trailer and modular building rent payments. Additionally, the Company paid GE Capital $25 million for containers and chassis.

Johnelle Hunt is the wife of J. B. Hunt and Bryan Hunt is the son of J. B. and Johnelle Hunt.