Exhibit 10.2


SUMMARY OF COMPENSATION ARRANGEMENTS WITH
NAMED EXECUTIVE OFFICERS


On October 16, 2006, the
Executive Compensation Committee of J.B. Hunt Transport Services, Inc. (the “Company”)
approved the following base salaries for Jerry Walton, Paul Bergant and Craig
Harper.  On October 26, 2006, the
Compensation Committee of the Company recommended and independent members of
the Board of Directors approved, the following base salaries for Wayne Garrison
and Kirk Thompson.  All base salaries
were effective as of October 15, 2006. 
The Compensation Committee approved the following other compensation
amounts (effective January 1, 2007) as indicated:


	
  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Other Annual

  	
   

  	
  All Other

  	
   

  
	
   

  	
   

  	
  Base

  	
   

  	
  Bonus

  	
   

  	
  Compensation

  	
   

  	
  Compensation

  	
   

  
	
  Named Executive Officer

  	
   

  	
  Salary

  	
   

  	
  ($)

  	
   

  	
  ($)

  	
   

  	
  ($)

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Wayne Garrison

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Chairman of the Board

  	
   

  	
  $

  	
  500,000

  	
   

  	
  (1

  	
  )

  	
  (2

  	
  )

  	
  (3

  	
  )

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Kirk Thompson

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  President and CEO

  	
   

  	
  $

  	
  630,000

  	
   

  	
  (1

  	
  )

  	
  (2

  	
  )

  	
  (3

  	
  )

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Jerry Walton

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  EVP, Finance/Administration
  and CFO

  	
   

  	
  $

  	
  372,000

  	
   

  	
  (1

  	
  )

  	
  (2

  	
  )

  	
  (3

  	
  )

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Craig Harper

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  EVP, Operations and COO

  	
   

  	
  $

  	
  345,000

  	
   

  	
  (1

  	
  )

  	
  (2

  	
  )

  	
  (3

  	
  )

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Paul Bergant

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  EVP, Marketing, CMO, President
  of Intermodal

  	
   

  	
  $

  	
  330,000

  	
   

  	
  (1

  	
  )

  	
  (2

  	
  )

  	
  (3

  	
  )

  







(1)          The Company has a performance-based bonus program that is related to
the Company’s earnings per share (EPS) for calendar year 2007.  According to the 2007 EPS bonus plan, each of
the company’s named executive officers may earn a bonus ranging from 5% to 220%
of his annual base salary.  Based on the
Company’s current expectations for 2007 EPS, each named executive officer can
be projected to earn a bonus equal to between 5% and 55% of his base salary.


(2)          The Company will reimburse each named executive officer up to $10,000
for actual expenses incurred for legal, tax and estate plan preparation
services.


(3)          The Company has a 401(k) retirement plan that includes matching
contributions on behalf of each of the named executive officers.  The plan is expected to pay each named
executive officer approximately $6,000 during 2007.