Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Hobbs Nicholas
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2011
3. Issuer Name and Ticker or Trading Symbol
HUNT J B TRANSPORT SERVICES INC [JBHT]
(Last)
(First)
(Middle)
615 JB HUNT CORPORATE DRIVE, PO BOX 130
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP/President DCS
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LOWELL, AR 72745
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 18,049
D
 
Common Stock (k) 21,703
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock 07/15/2011 08/15/2013 Common Stock 3,300 $ 0 D  
Restricted Stock 07/15/2011 08/15/2014 Common Stock 3,520 $ 0 D  
Restricted Stock 07/15/2011 08/15/2015 Common Stock 4,400 $ 0 D  
Restricted Stock 07/15/2011 08/15/2020 Common Stock 30,000 $ 0 (1) D  
Restricted Stock 07/15/2012 08/15/2012 Common Stock 1,500 $ 0 D  
Restricted Stock 07/15/2012 08/15/2015 Common Stock 5,500 $ 0 D  
Restricted Stock 07/15/2012 08/15/2016 Common Stock 6,000 $ 0 D  
Restricted Stock 07/14/2014 08/15/2017 Common Stock 4,000 $ 0 D  
Right to Buy Stock Option 06/01/2010 10/21/2015 Common Stock 16,000 $ 20.36 D  
Right to Buy Stock Option 06/01/2011 11/02/2012 Common Stock 7,000 $ 3.47 D  
Right to Buy Stock Option 06/01/2011 11/26/2013 Common Stock 8,000 $ 6.55 D  
Right to Buy Stock Option 06/01/2011 10/23/2014 Common Stock 4,800 $ 12.2 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hobbs Nicholas
615 JB HUNT CORPORATE DRIVE
PO BOX 130
LOWELL, AR 72745
      EVP/President DCS  

Signatures

/s/ Debbie Willbanks, Attorney-in-Fact for Mr. Hobbs 01/04/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The restricted stock award, approved by the company's compensation committee, vests over a ten-year period. There is no purchase price associated with the award upon exercise. Forfeiture of the award will occur only upon termination of employment with the company. Mr. Hobbs received this award as part of his total compenstion package upon promotion EVP.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.