J.B. Hunt Transport Services(JBHT) - 2024 Q2 - Quarterly Report
J.B. Hunt Transport Services(JBHT)2024-07-26 16:31The fair value of trading investments has been measured using the market approach (Level 1) and reflects quoted market prices. Trading investments are classified in other assets in our Condensed Consolidated Balance Sheets. The carrying amounts of all other instruments at June 30, 2024, approximate their fair value due to the short maturity of these instruments. As the result of state use tax audits, we have been assessed amounts owed from which we are vigorously appealing. We have recorded a liability for ...