LOWELL, AR: January 10, 2019. J.B. Hunt Transport is to purchase Cory 1st Choice Home Delivery for US$100 million, adding to its Final Mile transport division.
“This is a strategic investment that will further advance our final mile delivery capabilities of ‘big and bulky’ products to consumers and expand our expertise in furniture delivery,” commented John Roberts, J.B. Hunt president and CEO.
Based in New Jersey and founded in 1934, Cory provides home delivery services of big and bulky products in the continental United States and U.S. territories using 14 warehouses and other customer-owned facilities. Cory utilizes more than 1,000 independent contractors, carriers and delivery drivers to complete over two million deliveries a year.
“Cory’s exceptional reputation for quality customer service complements our mission to be the best final mile provider in North America,” said Nick Hobbs, executive vice president and president of Dedicated Contract Services at J.B. Hunt.
Final Mile, a division of the company’s Dedicated Contract Services business unit, has the ability to serve 100 percent of the contiguous United States. In 2017 J.B. Hunt acquired Special Logistics Dedicated, expanding its pool distribution and fulfillment delivery capabilities. With the Cory acquisition, Final Mile will grow to include 100 locations and over 3.1 million square feet of warehouse and facilities space.