J.B. Hunt, University of Arkansas Start $1M Endowed Scholarship Fund for
Supply Chain Inclusion
June 4, 2021
Hunt Transport Services and the University of Arkansas started two new
funds that will advance the Sam M. Walton College of Business’ focus on
sustainability and inclusion in supply chain by accelerating current
projects and creating an endowed scholarship program.
"Since launching our collaboration in December, we have identified
several opportunities to improve inclusion and sustainability that we
are excited to ignite," said Shelley Simpson, chief commercial officer
and executive vice president of people and human resources at J.B. Hunt.
"These funds will help jumpstart immediate needs while creating a
long-term initiative to ensure that pursuing a career in supply chain is
available to everyone."
The J.B. Hunt Transport Services Inc. Inclusion in Supply Chain Endowed
Scholarship Fund will establish an ongoing scholarship program to
encourage students to pursue supply chain careers and contribute to the
college’s diverse educational environment. The endowed fund will be
based on an initial investment of $1 million. Recipients must be
enrolled in Walton College, working towards an undergraduate degree in
supply chain, and demonstrate their potential to advance inclusivity.
Each application will be considered on an individual basis, and
recipients will be determined by the department head of the Walton
College Department of Supply Chain Management.
"Through our multiple collaborations, J.B. Hunt is helping us redefine
aspects of the supply chain and shape the industry's future leaders,"
said Matt Waller, Dean of the Sam M. Walton College of Business.
"Together, we've addressed topics such as thought leadership, executive
education, innovation, undergraduate studies, and now inclusion and
sustainability, all in a quest to create a fantastic future where supply
chains are efficient and effective."
J.B. Hunt Transport Services Inc. Supply Chain Management Department
Current Use Accelerator Fund will help expedite several inclusivity and
sustainability initiatives stemming from the two’s $2.25 million
collaboration announced earlier this year – the J.B. Hunt Transport
Services, Inc. Inclusion Education and Thought Leadership Fund and the
J.B. Hunt Transport Services, Inc. Sustainable Supply Chain Management
Research, Innovation and Education Fund. The $250,000 gift will also
help promote the supply chain management department efforts and the new
endowed scholarship opportunity.
The funds are the latest collaboration led by J.B. Hunt and the Walton
College to enhance supply chain efficiency and prepare future industry
leaders. In 2017, the two launched the J.B. Hunt Innovation Center of
Excellence through a $2.75 million grant from J.B. Hunt. The Center is a
combined effort among the company, the Walton College, and the College
of Engineering that brings researchers and students together with J.B.
Hunt employees to develop solutions through innovative design and
technology. In 2018, J.B. Hunt opened an on-campus intern office that
provides up to 60 students with real-world industry experience each