J.B. Hunt Transport Services
Q1 2022 Earnings Call
Apr 18, 2022, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good afternoon. Thank you for attending today's J.B. Hunt first quarter 2022 earnings webcast. My name is Hannah, and I will be your moderator for today's call.
[Operator instructions] I would now like to pass the conference over to Brad Delco, senior vice president of finance. Please go ahead.
Brad Delco -- Vice President of Finance and Investor Relations
Thank you, operator, and good afternoon. Before I introduce the speakers, I would like to take some time to provide some disclosures regarding forward-looking statements. This call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as expects, anticipates, intends, estimates, or similar expressions are intended to identify these forward-looking statements.
These statements are based on J.B. Hunt's current plans and expectations and involve risks and uncertainties that could cause future activities and results to be materially different from those set forth in the forward-looking statements. For more information regarding risk factors, please refer to J.B. Hunt's annual report on Form 10-K and other reports and filings with the Securities and Exchange Commission.
Now I would like to introduce the speakers on today's call. This afternoon, I am joined by our CEO, John Roberts; our CFO, John Kuhlow; Shelley Simpson, our chief commercial officer and EVP of people and human resources; Nick Hobbs, chief operating officer and president of contract services; Darren Field, president of intermodal; and Brad Hicks, president of highway services. At this time, I'd like to turn the call to our CEO, Mr. John Roberts, for some opening comments.
John?
John Roberts -- Chief Executive Officer
Thanks, Brad, and good afternoon. Thank you for joining our call today. We see the start of 2022 and this first quarter's report is both encouraging and revealing. While overall labor and other supply chain issues have continued, we leveraged experience, focus and technology to move through this period with success.
Execution across all disciplines within the organization is running at solid performance levels, yet we have clear opportunities for improvement. Our equipment utilization continues to underperform due to consistent challenges with philosophy and the persistent need for new driver hires. We added 1,889 net drivers during 2021 and have so far increased our driver force by just over 1,400 this year. Our hiring teams are built out to levels not seen before in our history.