<PAGE>
 
   As filed with the Securities and Exchange Commission on December 30, 1994
                                                     Registration No. __-_______
================================================================================

                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                 ------------

                                   FORM S-8
            REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                                 ------------

                      J.B. HUNT TRANSPORT SERVICES, INC.
            (Exact name of Registrant as specified in its charter)

                Arkansas                            71-0335111
     State or other jurisdiction of              (I.R.S. Employer
     incorporation or organization)             Identification No.)

                         615 J.B. Hunt Corporate Drive
                            Lowell, Arkansas 72745
                                (501) 820-0000
              (Address, including zip code, and telephone number,
       including area code, of Registrant's principal executive offices)

         J.B. Hunt Transport Services, Inc. Employee Retirement Plan
                           (Full Title of the Plan)

             Kirk Thompson                       Copies of Communications to:
  President and Chief Executive Officer             Charles C. Price, Esq.
      615 J.B. Hunt Corporate Drive               Wright, Lindsey & Jennings
             P.O. Box 130                        200 West Capitol, Suite 2200
        Lowell, Arkansas 72745                    Little Rock, Arkansas 72201
            (501) 820-0000                               (501) 371-0808
   (Name, address, and telephone number,
 including area code, of Agent for Service)

                                 ------------
      
                        CALCULATION OF REGISTRATION FEE
<TABLE> 
<CAPTION> 
================================================================================
  Title of     
Securities        Amount         Proposed          Proposed        Amount of  
   to be          to be      Maximum Offering  Maximum Aggregate  Registration
Registered(1)  Registered(2)  Price Per Share   Offering Price       Fee(3)    
- --------------------------------------------------------------------------------
<S>            <C>           <C>               <C>                <C> 
Common Stock, 
$.01 par value   400,000          $15.375          $6,150,000       $2,120.69
================================================================================
</TABLE> 

(1) The shares of common stock being registered consist of shares to be 
    acquired by the Trustee pursuant to the plan for the accounts of individual 
    participants.

(2) In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
    registration statement also covers an indeterminate amount of interests to 
    be offered or sold pursuant to the plan described herein.

(3) Calculated pursuant to Rule 457(c) based upon the average of the high and 
    low prices for the common stock as reported on the NASDAQ/NMS on December 
    28, 1994.

<PAGE>
 
                                    PART I.

             INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Item 1.  Plan Information.*

Item 2.  Registrant Information and Employee Plan Annual Information.*

        *       Omitted from this registration statement in accordance with Rule
428 under the Securities Act of 1933 and the Note to Part I of Form S-8.


                                   PART II.

              INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Documents by Reference.

        The following documents filed by J.B. Hunt Transport Services, Inc. (the
"Company") and the J.B. Hunt Transportation Services, Inc. Employee Retirement 
Plan, as amended, (the "Plan") with the Securities and Exchange Commission are 
incorporated herein by reference and made a part hereof:

        1.      The Company's Annual Report on Form 10-K for the fiscal year 
ended December 31, 1993.

        2.      All other reports filed pursuant to Section 13(a) of the 
Exchange Act since the end of the fiscal year covered by Form 10-K identified 
above.

        3.      The description of the Company's common stock contained in the 
Company's registration statement on Form 8-A dated March 27, 1984, including any
amendment or report filed for the purpose of updating such description.

        In addition, all documents subsequently filed by the Company and the 
Plan pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange 
Act of 1934 after the date of this registration statement and prior to the 
filing of a post-effective amendment which indicates that all securities offered
have been sold or which deregisters all securities then remaining unsold shall 
be deemed to be incorporated by reference in this registration statement and to 
be a part hereof from the date of filing of such documents.

Item 4.  Description of Securities.

        Not applicable.

Item 5.  Interests of Named Experts and Counsel.

        The consolidated financial statements, and schedules, of J.B. Hunt 
Transport Services, Inc. as of December 31, 1993 and 1992, and for each of the 
years in the three-year period ended December 31, 1993, have been incorporated 
by reference herein in reliance upon the report of KPMG Peat Marwick LLP, 
independent certified public accountants, incorporated by reference herein, and 
upon the authority of said firm as experts in accounting and auditing.

        See "Undertakings, (d)" regarding IRS qualification of the Plan.

<PAGE>
 
Item 6.  Indemnification of Directors and Officers.

        The Company has adopted provisions in its Amended and Restated Articles 
of Incorporation that limit the liability of its officers and directors and 
provide for indemnification under certain circumstances.  As permitted by the 
1987 amendments to the Arkansas Business Corporation Act (the "Arkansas Act"), 
articles of incorporation may provide for the limitation or elimination of a 
director's liability to the corporation of its stockholders for monetary damages
for breach of fiduciary duty to the corporation or its stockholders.  Such 
limitation does not affect liability for (i) any breach of the director's duty 
of loyalty to the corporation or its stockholders, (ii) acts or omissions not in
good faith or which involve intentional misconduct or a knowing violation of 
law, (iii) distributions of the corporation's property in violation of the
Arkansas Act or the corporation's articles of incorporation, (iv) any
transaction from which the director derives an improper personal benefit, or (v)
any action, omission, transaction or breach of duty creating any third party
liability to any person or entity other than the corporation or its
stockholders.

        As permitted by the Arkansas Act, the Amended and Restated
Articles of Incorporation of the Company permit indemnification of officers and
directors under certain circumstances. For any officer or director who is made a
party to a court or administrative proceeding by reason of his serving as an
officer or director of the Company, the board of directors shall reimburse such
person for any expenses, judgment, fines or settlement payments incurred as a
result of such proceeding, upon a determination that the officer or director
acted in good faith and in a manner which he reasonably believed to be in or not
opposed to the best interest of the Company, notwithstanding a judgment by the
court against such person. In an action brought on behalf of the Company,
however, such officer or director may not be reimbursed if the court finds him
liable for negligence or misconduct unless the court determines that liability
notwithstanding, such indemnification is proper. If reimbursement is approved it
must be (i) by majority vote of a quorum of the directors not parties to the
proceeding, (ii) by written opinion of independent legal counsel, or (iii) by
vote of the stockholders. To the extent that any officer or director
successfully defends any such court or administrative proceeding, the Company
must indemnify him for all necessary and reasonable expenses incurred in such
defense. In addition, the Arkansas Act permits the corporation to advance to
directors and officers their expenses incurred as a result of any action, suit
or proceeding against them to the extent they are entitled to indemnification.

Item 7. Exemption from Registration Claimed.

        Not applicable.

Item 8. Exhibits.

        3       Articles of Incorporation
                        Incorporated by reference from Registration No. 33-64950
                        filed June 24, 1993 on Form S-3.

        4       Articles and Bylaws of J.B. Hunt Transport Services, Inc.
                        Incorporated by reference from Registration No. 33-64950
                        filed June 24, 1993 on Form S-3.

        5       Opinion of Wright, Lindsey & Jennings

                                       2

<PAGE>
 
        23a     Consent of Wright, Lindsey & Jennings (included in Exhibit 5)

        23b     Consent of KPMG Peat Marwick LLP

        24      Power of Attorney (included on signature page)

        99      J.B. Hunt Transport Services, Inc. Employee Retirement Plan

Item 9.  Undertakings.

        (a)     The undersigned registrant hereby undertakes:

                (1)     To file, during any period in which offers or sales are
                        being made, a post-effective amendment to this
                        registration statement:

                        (i)     To include any prospectus required by section
                                10(a)(3) of the Securities Act of 1933;

                        (ii)    To reflect in the prospectus any facts or events
                                arising after the effective date of the
                                registration statement (or the most recent post-
                                effective amendment thereof) which, individually
                                or in the aggregate, reprsent a fundamental
                                change in the information set forth in the
                                registration statement;

                        (iii)   To include any material information with respect
                                to the plan of distribution not previously
                                disclosed in the registration statement or any
                                material change to such information in the
                                registration statement;

                Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do
                not apply if the registration statement is on Form S-3 or Form
                S-8, and the information required to be included in a post-
                effective amendment by those paragraphs is contained in periodic
                reports filed by the registrant pursuant to section 13 or
                section 15(d) of the Securities Exchange Act of 1934 that are
                incorporated by reference in the registration statement.

                (2)     That, for the purpose of determining any liability under
                        the Securities Act of 1933, each such post-effective
                        amendment shall be deemed to be a new registration
                        statement relating to the securities offered therein,
                        and the offering of such securities at that time shall
                        be deemed to be the initial bona fide offering thereof.

                (3)     To remove from registration by means of a post-effective
                        amendment any of the securities being registered which
                        remain unsold at the termination of the offering.

        (b)     The undersigned registrant hereby undertakes that, for purposes
                of determining any liability under the Securities Act of 1933,
                each filing of the registrant's annual report pursuant to
                section 13(a) or section 15(d) of the Securities Exchange Act of
                1934 (and, where applicable, each filing of an employee benefit
                plan's annual report pursuant to section 15(d) of the Securities
                Exchange Act of 1934) that is incorporated by reference in the
                registration statement shall be deemed to be a new registration
                statement relating to the securities offered therein, and the
                offering of such securities at that time shall be deemed to be
                the initial bona fide offering thereof.

                                       3


<PAGE>
 
        (c)     Insofar as indemnification for liabilities arising under the
                Securities Act of 1933 may be permitted to directors, officers
                and controlling persons of the registrant pursuant to the
                foregoing provisions, or otherwise, the registrant has been
                advised that in the opinion of the Securities and Exchange
                Commission such indemnification is against public policy as
                expressed in the Act and is, therefore, unenforceable. In the
                event that a claim for indemnification against such liabilities
                (other than the payment by the registrant of expenses incurred
                or paid by a director, officer or controlling person of the
                registrant in the successful defense of any action, suit or
                proceeding) is asserted by such director, officer or controlling
                person in connection with the securities being registered, the
                registrant will, unless in the opinion of its counsel the matter
                has been settled by controlling precedent, submit to a court of
                appropriate jurisdiction the question whether such
                indemnification by it is against public policy as expressed in
                the Act and will be governed by the final adjudication of such
                issue.

        (d)     Registrant has submitted the Plan and will submit any amendment
                thereto to the Internal Revenue Service ("IRS") in a timely
                manner and has made or will make all changes required by the IRS
                in order to qualify the Plan.
       

                                       4

<PAGE>
                                  APPENDIX A

                              REOFFER PROSPECTUS

                SUBJECT TO COMPLETION, DATED DECEMBER 28, 1994

                      J.B. HUNT TRANSPORT SERVICES, INC.

                                 Common Stock
                          (Par Value $.01 Per Share)

        THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES
        AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE
        COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY
        OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A
        CRIMINAL OFFENSE.

        This Prospectus relates to __________ shares (the "Shares") of common 
stock, $.01 par value per share ("Common Stock"), of J.B. Hunt Transport 
Services, Inc. ("Company") which may be granted pursuant to the J.B. Hunt
Transport Services, Inc. Employee Retirement Plan, as amended ("Plan"), and such
additional shares as may be issuable as a result of anti-dilution provisions
applicable to the Plan.

        The Shares may be sold from time to time by the selling shareholders, or
by pledgees, donees, transferees or other successors in interest. Such sales may
be made in the over-the-counter market, on any exchange (if the Common Stock is
listed for trading thereon), or otherwise, at prices and at terms then
prevailing or at prices related to the then-current market price, or in
negotiated transactions. The Shares may be sold in ordinary brokerage
transactions or privately negotiated transactions. In addition, any Shares that
qualify for sale pursuant to Rule 144 may be sold under Rule 144 rather than
pursuant to this Prospectus.

        The Company's Common Stock is traded on the National Association of
Securities Dealers' Automated Quotation National Market System ("NASDAQ/NMS")
under the symbol "JBHT." On December 16, 1994, the closing sale price per share,
as reported by the NASDAQ/NMS, was $15.625.


                      J.B. Hunt Transport Services, Inc.
                         615 J.B. Hunt Corporate Drive
                            Lowell, Arkansas 72745




                        The date of this Prospectus is











<PAGE>
        NO PERSON HAS BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY
        REPRESENTATION, OTHER THAN AS CONTAINED HEREIN, IN CONNECTION WITH THE
        OFFER CONTAINED IN THIS PROSPECTUS AND, IF GIVEN OR MADE, SUCH
        INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED UPON AS HAVING BEEN
        AUTHORIZED BY THE COMPANY.

        THIS PROSPECTUS IS NOT AN OFFER TO SELL, OR A SOLICITATION OR AN OFFER
        TO BUY, IN ANY STATE IN WHICH IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR
        SOLICITATION. NEITHER THE DELIVERY OF THIS PROSPECTUS NOR ANY SALE MADE
        HEREUNDER SHALL, UNDER ANY CIRCUMSTANCES, CREATE ANY IMPLICATION THAT
        THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE COMPANY SINCE THE DATE OF
        THIS PROSPECTUS.

                            AVAILABLE INFORMATION

        The Company is subject to the information requirements of the Securities
Exchange Act of 1934, as amended, and in accordance therewith files reports,
proxy statements and other information with the Securities and Exchange
Commission (the "Commission"). Reports, proxy statements and other information
filed by the Company with the Commission can be inspected and copied at the
public reference facilities maintained by the Commission at Room 1024, 450 Fifth
Street, N.W., Washington, D.C. 20549 and at the Commission's regional offices at
26 Federal Plaza, New York, New York 10278, and Room 1204. Everett McKinley
Dickson Building, 219 South Dearborn Street, Chicago, Illinois 60604. Copies of
such material can also be obtained from the Public Reference Section of the
Commission at 450 Fifth Street, N.W., Washington, D.C. 20549 at prescribed
rates.

        This Prospectus does not contain all of the information set forth in the
Registration Statement of which this Prospectus is a part and which the Company
has filed with the Commission. For further information with respect to the
Company and the securities offered hereby, reference is made to the Registration
Statement, including the exhibits filed as a part thereof, copies of which can
be inspected at or obtained at prescribed rates from the Public Reference
Section of the Commission at the address set forth above.

        Additional updating information with respect to the Company and plan
covered herein may be provided in the future to participants in such plan by
means of appendices to the Prospectus. The Company's annual report, quarterly
reports and special reports, if any, as filed with the Securities and Exchange
Commission and its proxy statement and any documents incorporated by reference
are available without charge upon written or oral request from Mr. Kirk
Thompson, J.B. Hunt Transport Services, Inc., at the principal executive offices
of the company at 615 J.B. Hunt Corporate Drive, Lowell, Arkansas 72745,
telephone (501) 820-0000.

                                       2

<PAGE>
 
        The following documents filed with the Commission by the Company are 
incorporated and made a part of this Prospectus by reference:

        A.      The Company's latest annual report filed pursuant to Section 13 
or 15(d) of the Securities Exchange Act of 1934, as amended, which contains, 
either directly or by incorporation by reference, certain financial statements 
for the Company's latest fiscal year for which such statements have been filed.

        B.      All other reports filed pursuant to Section 13(a) or 15(d) of 
the Securities Exchange Act of 1934, as amended, since the end of the fiscal 
year covered by the annual reports referred to in paragraph A above.

        C.      The Company's definitive proxy statement or information 
statement, if any, filed pursuant to Section 14 of the Securities Exchange Act 
of 1934 in connection with the latest annual meeting of its stockholders, and 
any definitive proxy or information statements so filed in connection with any 
subsequent annual or special meetings of its stockholders.

        D.      The description of the Company's capital stock contained in its 
Exchange Act registration statement on Form 8-A dated March 27, 1984, or 
amended.

        E.      All reports and other documents subsequently filed by the 
Company pursuant to Sections 13, 14 or 15(d) of the Securities Exchange Act of 
1934, as amended, prior to the filing of a post-effective amendment which 
indicates that all securities offered hereby have been sold or which deregisters
all securities remaining unsold, shall be deemed to be incorporated by
reference herein and to be a part hereof from the date of the filing of such
reports and documents.

                                       3
<PAGE>
 
                                 INTRODUCTION

        J.B. Hunt Transport Services, Inc. ("Company") was incorporated under 
the laws of Arkansas in 1969.  The Company is an irregular route, full service 
transportation company with operations throughout the continental United States 
and in Mexico and Canada.  The Company's principal executive offices are located
at 615 J.B. Hunt Corporate Drive, Lowell, Arkansas 72745.

        This Prospectus is being distributed in connection with the sale by 
certain shareholders of shares of the common stock, $.01 par value per share 
("Common Stock"), acquired by them under the J.B. Hunt Transport Services, Inc. 
Employee Retirement Plan, as amended ("Plan"), of the Company.  A registration 
statement with respect to shares to be issued under the Plan has been filed by 
the Company on Form S-8 and became effective as of December __, 1994.

        The Company believes that most, if not all, of the shares acquired by 
the Plan Trustee will be purchased in the secondary market.  As a result, the 
Company will not receive any proceeds from the purchase or sale of these shares.
If the Trustee acquired shares directly from the Company the acquisition price 
would be the current market price of the stock and the proceeds of such a sale 
would be used for general corporate purposes.  The Company does not expect the 
Trustee to purchase shares directly from the Company and is not relying on the 
Plan as a source of liquidity or capital for future operations.

        The Common Stock of the Company is traded on the National Association of
Securities Dealers' Automated Quotation National Market System ("NASDAQ/NMS").

                            I. SELLING SHAREHOLDERS

        The shareholders offering shares of the Common Stock pursuant to this 
Prospectus ("Selling Shareholders") are officers and other "employees who may be
deemed affiliates" of the Company who have participated or may participate in 
the Plan and who may reoffer the shares of Common Stock acquired pursuant to the
Plan.

        The following table sets forth certain information regarding the 
ownership of shares of the Common Stock by the Selling Shareholders as of 
December __, 1994, the numbers of shares offered for sale by the Selling 
Shareholders, and the ownership of the Common Stock by the Selling Shareholders 
after the sale.  Each of the following persons has sole voting and investment 
power with respect to the shares of Common Stock set forth opposite his name.

                                       4
<PAGE>
<TABLE> 
<CAPTION> 
 
                                             Number of                      Number of
                                             Shares of                      Shares of
                                            Common Stock                    Common Stock
                                            beneficially      Number of     beneficially        Percentage
  Selling               Relationship       owned prior to      Shares        owned after     owned after this
 Shareholder            to Company         this Offering       Offered         Offering          Offering
 -----------            ----------         -------------       -------         --------          --------
<S>                     <C>                <C>                <C>           <C>              <C>              
J.B. Hunt               Chairman of the                                           (1)
                        Board of
                        Directors          ______________

Kirk Thompson           President, Chief                                          (1)               (2)
                        Executive
                        Officer, Director  ______________

Johnelle Hunt           Secretary,                                                (1)               (2)
                        Director           ______________

Bryan Hunt              Assistant                                                 (1)               (2)
                        Secretary,
                        Director           ______________
</TABLE> 

(1) Assumes all shares offered hereby are sold.
(2) Assuming all shares offered hereby are sold, less than 1%.

                           II. PLAN OF DISTRIBUTION

        The shares may be sold from time to time by the Selling Shareholders, or
by pledgees, donees, transferees or other successors in interest of the Selling 
Shareholders. Such sales may be made on the over-the-counter market, or 
otherwise at prices and at terms then prevailing or at prices related to the 
then current market price, or in negotiated transactions.

        In general, the shares may be sold by one or more of the following 
means: (a) a block trade in which the broker or dealer so engaged will attempt 
to sell the securities as agent but may position and resell a portion of the 
block as principal to facilitate the transaction; (b) purchases by a broker or 
dealer as  principal and resale by such broker or dealer for its account 
pursuant to this Prospectus; (c) an exchange distribution in accordance with the
rules of such exchange (if the securities are then listed on an exchange); and 
(d) ordinary brokerage transactions and transactions in which the broker 
solicits purchasers. In effecting sales, brokers or dealers engaged by the 
Selling Shareholders may arrange for other brokers or dealers to participate. 
Brokers or dealers will receive commissions or discounts from the Selling 
Shareholders in amounts to be negotiated immediately prior to the sale. Such 
brokers or dealers and any other participating brokers or dealers may be deemed 
to be "underwriters" within the meaning of the Securities Act of 1933, as 
amended, in connection with such sales.

                                       5

<PAGE>
 
                          III. ADDITIONAL INFORMATION

General Matters

        The participation by employees in the Plan does not confer upon the 
employee any right with respect to continuance of employment with the Company, 
nor does it impair or restrict in any manner the right of the Company to 
terminate such employment.

Description of Common Stock

        As of September 30, 1994, the authorized capital stock of the Company 
consisted of 100,000,000 shares of Common Stock, par value $.01 per share, of 
which 38,635,541 shares were outstanding (including __________ treasury shares) 
and held by approximately __________ shareholders of record.

        Common Stock. Holders of Common Stock are entitled to one vote per share
on all matters submitted to a vote of the stockholders, including the election 
of directors. The Company's Amended and Restated Certificate of Incorporation 
provides for cumulative voting for the election of directors. Subject to the 
preferential rights of any outstanding series of Preferred Stock, the holders of
Common Stock will be entitled to such dividends as may be declared from time to 
time by the Board of Directors from funds available therefor, and will be 
entitled to receive pro rata all assets of the Company available for 
distributions to such holders upon liquidation. No shares of the Common Stock 
have any preemptive, redemption or conversion rights, or the benefits of any 
sinking fund. All outstanding shares of Common Stock are, and those offered 
hereby will be, when issued or transferred out of the treasury, fully paid and 
nonassessable.

Transfer Agent and Registrar

        The transfer agents and registrar for the Company's Common Stock is 
First Chicago Trust Company of New York, P.O. Box 2500, Jersey City, New Jersey 
07303-2500, telephone 1-800-446-2617 for shareholder inquiries.

Indemnification

        Arkansas Code Annotated Sections 4-27-850 and 4-27-1621 (1987) provide, 
in summary, that the directors and officers of the Company are entitled, under 
certain circumstances, to be indemnified by it against all expenses and 
liabilities incurred by or imposed upon them as a result of suits brought 
against them as such directors and officers, if they act in good faith and in a 
manner they reasonably believe to be in or not opposed to the best interests of 
the Company, and with respect to any criminal action or proceeding, have no 
reasonable cause to believe their conduct was unlawful; provided, that no 
indemnification shall be made against expenses in respect of any claim, issue or
matter as to which they shall have been adjudged to be liable for negligence or
misconduct in the performance of their duties to the Company, unless and only to
the extent that the court in which such action or suit was brought shall 
determine upon application that, despite the adjudication of liability but in 
view of all the circumstances of the case, they are fairly and reasonably 
entitled to indemnity of such expenses which such court shall deem proper. If 
the corporation indemnifies or advances expenses to a director as described 
above, the Company must notify the shareholders concurrently with, or before,
notice of the next shareholders meeting. Article 10 of the bylaws of the Company
authorized indemnification by the Company in a similar manner.

                                       6

<PAGE>
 
        Insofar as indemnification for liabilities arising under the Securities 
Act of 1933 (the "Act") may be permitted to directors, officers and controlling 
persons of the Company pursuant to the foregoing provisions or otherwise, the 
Company has been advised that such indemnification is against public policy as 
expressed in the Act and is therefore unenforceable.

        No dealer, salesman or other person has been authorized to give any 
information or to make any representation in connection with this offering 
other than those contained in the Prospectus, and, if given or made, such 
information or representations must not be relied upon as having been authorized
by the Company or the Selling Shareholders. This Prospectus does not constitute 
an offer to sell or a solicitation of an offer to buy any of these securities 
in any state to any person to whom it is unlawful to make such offer or 
solicitation in such state. Neither the delivery of this Prospectus nor any sale
hereunder shall, under any circumstances, create any implication that there has 
been no change in the affairs of the Company since the date hereof.

                               December __, 1994

                                       7

<PAGE>
 
                                  SIGNATURES

        THE REGISTRANT.  Pursuant to the requirements of the Securities Act of 
1933, the Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this 
Registration Statement to be signed on its behalf by the undersigned, thereunto 
duly authorized, in the City of Lowell, State of Arkansas, on December 21, 1994.

                                       J.B. HUNT TRANSPORT SERVICES, INC.



                                       By  /s/ KIRK THOMPSON
                                         ---------------------------------------
                                         Kirk Thompson
                                         President and Chief Executive Officer


                               POWER OF ATTORNEY

        KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Kirk Thompson and Jerry W. Walton, or 
either of them, his or her true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for him or her and in his or her name, 
place and stead, in any and all capacities, to sign any and all amendments 
(including post-effective amendments) to this Registration Statement on Form S-8
and to file the same, with all exhibits thereto and other documents in 
connection therewith, with the Securities and Exchange Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and authority to
do and perform each and every act and thing requisite or necessary to be done in
and about the premises, as fully to all intents and purposes as he or she might 
or could do in person, hereby ratifying and confirming all that said 
attorneys-in-fact and agents, or any of them, or their substitutes, may lawfully
do or cause to be done by virtue hereof.

        Pursuant to the requirements of the Securities Act of 1933, this 
Registration Statement has been signed by the following persons in the 
capacities and on the dates indicated.

        Signature                       Title                     Date
        ---------                       -----                     ----


/s/    J. B. HUNT             Chairman of the               December 21, 1994
- ---------------------------   Board of Directors
J.B. Hunt 


/s/   KIRK THOMPSON           President, Chief Executive    December 21, 1994
- ---------------------------   Officer and Director
Kirk Thompson 


                                               
<PAGE>
 
        Signature                       Title                   Date
        ---------                       -----                   ----


/s/  JERRY W. WALTON          Executive Vice President     December 23, 1994
- ------------------------      and Chief Financial Officer
Jerry W. Walton 

/s/  JOHNELLE HUNT            Secretary and Director       December 21, 1994
- ------------------------
Johnelle Hunt 

________________________      Director                     December __, 1994
John A. Cooper


________________________      Director                     December __, 1994
Fred K. Darragh, Jr.


________________________      Director                     December __, 1994
Wayne Garrison


/s/  GENE GEORGE              Director                     December 22, 1994
- ------------------------
Gene George 

/s/  ROY GRIMSLEY             Director                     December 22, 1994
- ------------------------
Roy Grimsley 

/s/ J. BRYAN HUNT, JR.        Assistant Secretary and      December 21, 1994
- ------------------------      Director
J. Bryan Hunt, Jr. 

/s/  LLOYD E. PETERSON        Director                     December 22, 1994
- ------------------------
Lloyd E. Peterson 

/s/ THOMAS L. HARDEMAN        Director                     December 21, 1994
- ------------------------
Thomas L. Hardeman 

<PAGE>
 
        THE PLAN.  Pursuant to the requirements of the Securities Act of 1933, 
the trustees (or other person who administers the employee benefit plan) have 
duly caused this Registration Statement to be signed on its behalf by the 
undersigned, thereunto duly authorized, in the Commonwealth of Pennsylvania, on 
December 23, 1994.

                                     PRUDENTIAL TRUST COMPANY, AS TRUSTEE
                                     FOR THE J.B. HUNT TRANSPORT SERVICES, INC.
                                     EMPLOYEE RETIREMENT PLAN


                                     By  /s/ DAVID A. MILLIKEN
                                       --------------------------------------- 
                                           (Signature and Title)


                                     David A. Milliken, Vice President 
                                     and Assistant Secretary
                                     -----------------------------------------
                                           (Type or Print Name)


<PAGE>
 
                               INDEX TO EXHIBITS

<TABLE> 
<CAPTION> 
Exhibit No.     Description of Exhibit                  Page No.
- -----------     ----------------------                  --------
<S>           <C>                                 <C> 
    3         Articles of Incorporation           (incorporated by reference 
                                                  from Registration No. 
                                                  33-64950 filed June 24, 
                                                  1993 on Form S-3)

    5         Opinion of Wright, Lindsey &
              Jennings

   23a        Consent of Wright, Lindsey &
              Jennings                            (included in Exhibit 5)

   23b        Consent of KPMG Peat Marwick LLP   

   24         Power of Attorney                   (included on signature page)

   99         J.B. Hunt Transport Services, Inc.
              Employee Retirement Plan
              
 
</TABLE>
[{"type": "S-8", "sequence": "1", "description": "FORM S-8", "secsgml_size_bytes": 38075}]
{"company-data": {"conformed-name": "HUNT J B TRANSPORT SERVICES INC", "cik": "0000728535", "assigned-sic": "4213", "irs-number": "710335111", "state-of-incorporation": "AR", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "033-57127", "film-number": "94567052"}, "business-address": {"street1": "615 JB HUNT CORPORATE DR", "city": "LOWELL", "state": "AR", "zip": "72745", "phone": "5018200000"}}
As filed with the Securities and Exchange Commission on December 30, 1994
                                                     Registration No. __-_______
================================================================================

                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                 ------------

                                   FORM S-8
            REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                                 ------------

                      J.B. HUNT TRANSPORT SERVICES, INC.
            (Exact name of Registrant as specified in its charter)

                Arkansas                            71-0335111
     State or other jurisdiction of              (I.R.S. Employer
     incorporation or organization)             Identification No.)

                         615 J.B. Hunt Corporate Drive
                            Lowell, Arkansas 72745
                                (501) 820-0000
              (Address, including zip code, and telephone number,
       including area code, of Registrant's principal executive offices)

         J.B. Hunt Transport Services, Inc. Employee Retirement Plan
                           (Full Title of the Plan)

             Kirk Thompson                       Copies of Communications to:
  President and Chief Executive Officer             Charles C. Price, Esq.
      615 J.B. Hunt Corporate Drive               Wright, Lindsey & Jennings
             P.O. Box 130                        200 West Capitol, Suite 2200
        Lowell, Arkansas 72745                    Little Rock, Arkansas 72201
            (501) 820-0000                               (501) 371-0808
   (Name, address, and telephone number,
 including area code, of Agent for Service)

                                 ------------
      
                        CALCULATION OF REGISTRATION FEE
================================================================================
  Title of     
Securities        Amount         Proposed          Proposed        Amount of  
   to be          to be      Maximum Offering  Maximum Aggregate  Registration
Registered(1)  Registered(2)  Price Per Share   Offering Price       Fee(3)    
- --------------------------------------------------------------------------------
Common Stock, 
$.01 par value   400,000          $15.375          $6,150,000       $2,120.69
================================================================================
(1) The shares of common stock being registered consist of shares to be 
    acquired by the Trustee pursuant to the plan for the accounts of individual 
    participants.

(2) In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
    registration statement also covers an indeterminate amount of interests to 
    be offered or sold pursuant to the plan described herein.

(3) Calculated pursuant to Rule 457(c) based upon the average of the high and 
    low prices for the common stock as reported on the NASDAQ/NMS on December 
    28, 1994.
PART I.

             INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Item 1.  Plan Information.*

Item 2.  Registrant Information and Employee Plan Annual Information.*

        *       Omitted from this registration statement in accordance with Rule
428 under the Securities Act of 1933 and the Note to Part I of Form S-8.

                                   PART II.

              INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Documents by Reference.

        The following documents filed by J.B. Hunt Transport Services, Inc. (the
"Company") and the J.B. Hunt Transportation Services, Inc. Employee Retirement 
Plan, as amended, (the "Plan") with the Securities and Exchange Commission are 
incorporated herein by reference and made a part hereof:

        1.      The Company's Annual Report on Form 10-K for the fiscal year 
ended December 31, 1993.

        2.      All other reports filed pursuant to Section 13(a) of the 
Exchange Act since the end of the fiscal year covered by Form 10-K identified 
above.

        3.      The description of the Company's common stock contained in the 
Company's registration statement on Form 8-A dated March 27, 1984, including any
amendment or report filed for the purpose of updating such description.

        In addition, all documents subsequently filed by the Company and the 
Plan pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange 
Act of 1934 after the date of this registration statement and prior to the 
filing of a post-effective amendment which indicates that all securities offered
have been sold or which deregisters all securities then remaining unsold shall 
be deemed to be incorporated by reference in this registration statement and to 
be a part hereof from the date of filing of such documents.

Item 4.  Description of Securities.

        Not applicable.

Item 5.  Interests of Named Experts and Counsel.

        The consolidated financial statements, and schedules, of J.B. Hunt 
Transport Services, Inc. as of December 31, 1993 and 1992, and for each of the 
years in the three-year period ended December 31, 1993, have been incorporated 
by reference herein in reliance upon the report of KPMG Peat Marwick LLP, 
independent certified public accountants, incorporated by reference herein, and 
upon the authority of said firm as experts in accounting and auditing.

        See "Undertakings, (d)" regarding IRS qualification of the Plan.
Item 6.  Indemnification of Directors and Officers.

        The Company has adopted provisions in its Amended and Restated Articles 
of Incorporation that limit the liability of its officers and directors and 
provide for indemnification under certain circumstances.  As permitted by the 
1987 amendments to the Arkansas Business Corporation Act (the "Arkansas Act"), 
articles of incorporation may provide for the limitation or elimination of a 
director's liability to the corporation of its stockholders for monetary damages
for breach of fiduciary duty to the corporation or its stockholders.  Such 
limitation does not affect liability for (i) any breach of the director's duty 
of loyalty to the corporation or its stockholders, (ii) acts or omissions not in
good faith or which involve intentional misconduct or a knowing violation of 
law, (iii) distributions of the corporation's property in violation of the
Arkansas Act or the corporation's articles of incorporation, (iv) any
transaction from which the director derives an improper personal benefit, or (v)
any action, omission, transaction or breach of duty creating any third party
liability to any person or entity other than the corporation or its
stockholders.

        As permitted by the Arkansas Act, the Amended and Restated
Articles of Incorporation of the Company permit indemnification of officers and
directors under certain circumstances. For any officer or director who is made a
party to a court or administrative proceeding by reason of his serving as an
officer or director of the Company, the board of directors shall reimburse such
person for any expenses, judgment, fines or settlement payments incurred as a
result of such proceeding, upon a determination that the officer or director
acted in good faith and in a manner which he reasonably believed to be in or not
opposed to the best interest of the Company, notwithstanding a judgment by the
court against such person. In an action brought on behalf of the Company,
however, such officer or director may not be reimbursed if the court finds him
liable for negligence or misconduct unless the court determines that liability
notwithstanding, such indemnification is proper. If reimbursement is approved it
must be (i) by majority vote of a quorum of the directors not parties to the
proceeding, (ii) by written opinion of independent legal counsel, or (iii) by
vote of the stockholders. To the extent that any officer or director
successfully defends any such court or administrative proceeding, the Company
must indemnify him for all necessary and reasonable expenses incurred in such
defense. In addition, the Arkansas Act permits the corporation to advance to
directors and officers their expenses incurred as a result of any action, suit
or proceeding against them to the extent they are entitled to indemnification.

Item 7. Exemption from Registration Claimed.

        Not applicable.

Item 8. Exhibits.

        3       Articles of Incorporation
                        Incorporated by reference from Registration No. 33-64950
                        filed June 24, 1993 on Form S-3.

        4       Articles and Bylaws of J.B. Hunt Transport Services, Inc.
                        Incorporated by reference from Registration No. 33-64950
                        filed June 24, 1993 on Form S-3.

        5       Opinion of Wright, Lindsey & Jennings

                                       2
23a     Consent of Wright, Lindsey & Jennings (included in Exhibit 5)

        23b     Consent of KPMG Peat Marwick LLP

        24      Power of Attorney (included on signature page)

        99      J.B. Hunt Transport Services, Inc. Employee Retirement Plan

Item 9.  Undertakings.

        (a)     The undersigned registrant hereby undertakes:

                (1)     To file, during any period in which offers or sales are
                        being made, a post-effective amendment to this
                        registration statement:

                        (i)     To include any prospectus required by section
                                10(a)(3) of the Securities Act of 1933;

                        (ii)    To reflect in the prospectus any facts or events
                                arising after the effective date of the
                                registration statement (or the most recent post-
                                effective amendment thereof) which, individually
                                or in the aggregate, reprsent a fundamental
                                change in the information set forth in the
                                registration statement;

                        (iii)   To include any material information with respect
                                to the plan of distribution not previously
                                disclosed in the registration statement or any
                                material change to such information in the
                                registration statement;

                Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do
                not apply if the registration statement is on Form S-3 or Form
                S-8, and the information required to be included in a post-
                effective amendment by those paragraphs is contained in periodic
                reports filed by the registrant pursuant to section 13 or
                section 15(d) of the Securities Exchange Act of 1934 that are
                incorporated by reference in the registration statement.

                (2)     That, for the purpose of determining any liability under
                        the Securities Act of 1933, each such post-effective
                        amendment shall be deemed to be a new registration
                        statement relating to the securities offered therein,
                        and the offering of such securities at that time shall
                        be deemed to be the initial bona fide offering thereof.

                (3)     To remove from registration by means of a post-effective
                        amendment any of the securities being registered which
                        remain unsold at the termination of the offering.

        (b)     The undersigned registrant hereby undertakes that, for purposes
                of determining any liability under the Securities Act of 1933,
                each filing of the registrant's annual report pursuant to
                section 13(a) or section 15(d) of the Securities Exchange Act of
                1934 (and, where applicable, each filing of an employee benefit
                plan's annual report pursuant to section 15(d) of the Securities
                Exchange Act of 1934) that is incorporated by reference in the
                registration statement shall be deemed to be a new registration
                statement relating to the securities offered therein, and the
                offering of such securities at that time shall be deemed to be
                the initial bona fide offering thereof.

                                       3
(c)     Insofar as indemnification for liabilities arising under the
                Securities Act of 1933 may be permitted to directors, officers
                and controlling persons of the registrant pursuant to the
                foregoing provisions, or otherwise, the registrant has been
                advised that in the opinion of the Securities and Exchange
                Commission such indemnification is against public policy as
                expressed in the Act and is, therefore, unenforceable. In the
                event that a claim for indemnification against such liabilities
                (other than the payment by the registrant of expenses incurred
                or paid by a director, officer or controlling person of the
                registrant in the successful defense of any action, suit or
                proceeding) is asserted by such director, officer or controlling
                person in connection with the securities being registered, the
                registrant will, unless in the opinion of its counsel the matter
                has been settled by controlling precedent, submit to a court of
                appropriate jurisdiction the question whether such
                indemnification by it is against public policy as expressed in
                the Act and will be governed by the final adjudication of such
                issue.

        (d)     Registrant has submitted the Plan and will submit any amendment
                thereto to the Internal Revenue Service ("IRS") in a timely
                manner and has made or will make all changes required by the IRS
                in order to qualify the Plan.
       

                                       4
APPENDIX A

                              REOFFER PROSPECTUS

                SUBJECT TO COMPLETION, DATED DECEMBER 28, 1994

                      J.B. HUNT TRANSPORT SERVICES, INC.

                                 Common Stock
                          (Par Value $.01 Per Share)

        THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES
        AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE
        COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY
        OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A
        CRIMINAL OFFENSE.

        This Prospectus relates to __________ shares (the "Shares") of common 
stock, $.01 par value per share ("Common Stock"), of J.B. Hunt Transport 
Services, Inc. ("Company") which may be granted pursuant to the J.B. Hunt
Transport Services, Inc. Employee Retirement Plan, as amended ("Plan"), and such
additional shares as may be issuable as a result of anti-dilution provisions
applicable to the Plan.

        The Shares may be sold from time to time by the selling shareholders, or
by pledgees, donees, transferees or other successors in interest. Such sales may
be made in the over-the-counter market, on any exchange (if the Common Stock is
listed for trading thereon), or otherwise, at prices and at terms then
prevailing or at prices related to the then-current market price, or in
negotiated transactions. The Shares may be sold in ordinary brokerage
transactions or privately negotiated transactions. In addition, any Shares that
qualify for sale pursuant to Rule 144 may be sold under Rule 144 rather than
pursuant to this Prospectus.

        The Company's Common Stock is traded on the National Association of
Securities Dealers' Automated Quotation National Market System ("NASDAQ/NMS")
under the symbol "JBHT." On December 16, 1994, the closing sale price per share,
as reported by the NASDAQ/NMS, was $15.625.

                      J.B. Hunt Transport Services, Inc.
                         615 J.B. Hunt Corporate Drive
                            Lowell, Arkansas 72745

                        The date of this Prospectus is
NO PERSON HAS BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY
        REPRESENTATION, OTHER THAN AS CONTAINED HEREIN, IN CONNECTION WITH THE
        OFFER CONTAINED IN THIS PROSPECTUS AND, IF GIVEN OR MADE, SUCH
        INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED UPON AS HAVING BEEN
        AUTHORIZED BY THE COMPANY.

        THIS PROSPECTUS IS NOT AN OFFER TO SELL, OR A SOLICITATION OR AN OFFER
        TO BUY, IN ANY STATE IN WHICH IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR
        SOLICITATION. NEITHER THE DELIVERY OF THIS PROSPECTUS NOR ANY SALE MADE
        HEREUNDER SHALL, UNDER ANY CIRCUMSTANCES, CREATE ANY IMPLICATION THAT
        THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE COMPANY SINCE THE DATE OF
        THIS PROSPECTUS.

                            AVAILABLE INFORMATION

        The Company is subject to the information requirements of the Securities
Exchange Act of 1934, as amended, and in accordance therewith files reports,
proxy statements and other information with the Securities and Exchange
Commission (the "Commission"). Reports, proxy statements and other information
filed by the Company with the Commission can be inspected and copied at the
public reference facilities maintained by the Commission at Room 1024, 450 Fifth
Street, N.W., Washington, D.C. 20549 and at the Commission's regional offices at
26 Federal Plaza, New York, New York 10278, and Room 1204. Everett McKinley
Dickson Building, 219 South Dearborn Street, Chicago, Illinois 60604. Copies of
such material can also be obtained from the Public Reference Section of the
Commission at 450 Fifth Street, N.W., Washington, D.C. 20549 at prescribed
rates.

        This Prospectus does not contain all of the information set forth in the
Registration Statement of which this Prospectus is a part and which the Company
has filed with the Commission. For further information with respect to the
Company and the securities offered hereby, reference is made to the Registration
Statement, including the exhibits filed as a part thereof, copies of which can
be inspected at or obtained at prescribed rates from the Public Reference
Section of the Commission at the address set forth above.

        Additional updating information with respect to the Company and plan
covered herein may be provided in the future to participants in such plan by
means of appendices to the Prospectus. The Company's annual report, quarterly
reports and special reports, if any, as filed with the Securities and Exchange
Commission and its proxy statement and any documents incorporated by reference
are available without charge upon written or oral request from Mr. Kirk
Thompson, J.B. Hunt Transport Services, Inc., at the principal executive offices
of the company at 615 J.B. Hunt Corporate Drive, Lowell, Arkansas 72745,
telephone (501) 820-0000.

                                       2
The following documents filed with the Commission by the Company are 
incorporated and made a part of this Prospectus by reference:

        A.      The Company's latest annual report filed pursuant to Section 13 
or 15(d) of the Securities Exchange Act of 1934, as amended, which contains, 
either directly or by incorporation by reference, certain financial statements 
for the Company's latest fiscal year for which such statements have been filed.

        B.      All other reports filed pursuant to Section 13(a) or 15(d) of 
the Securities Exchange Act of 1934, as amended, since the end of the fiscal 
year covered by the annual reports referred to in paragraph A above.

        C.      The Company's definitive proxy statement or information 
statement, if any, filed pursuant to Section 14 of the Securities Exchange Act 
of 1934 in connection with the latest annual meeting of its stockholders, and 
any definitive proxy or information statements so filed in connection with any 
subsequent annual or special meetings of its stockholders.

        D.      The description of the Company's capital stock contained in its 
Exchange Act registration statement on Form 8-A dated March 27, 1984, or 
amended.

        E.      All reports and other documents subsequently filed by the 
Company pursuant to Sections 13, 14 or 15(d) of the Securities Exchange Act of 
1934, as amended, prior to the filing of a post-effective amendment which 
indicates that all securities offered hereby have been sold or which deregisters
all securities remaining unsold, shall be deemed to be incorporated by
reference herein and to be a part hereof from the date of the filing of such
reports and documents.

                                       3
INTRODUCTION

        J.B. Hunt Transport Services, Inc. ("Company") was incorporated under 
the laws of Arkansas in 1969.  The Company is an irregular route, full service 
transportation company with operations throughout the continental United States 
and in Mexico and Canada.  The Company's principal executive offices are located
at 615 J.B. Hunt Corporate Drive, Lowell, Arkansas 72745.

        This Prospectus is being distributed in connection with the sale by 
certain shareholders of shares of the common stock, $.01 par value per share 
("Common Stock"), acquired by them under the J.B. Hunt Transport Services, Inc. 
Employee Retirement Plan, as amended ("Plan"), of the Company.  A registration 
statement with respect to shares to be issued under the Plan has been filed by 
the Company on Form S-8 and became effective as of December __, 1994.

        The Company believes that most, if not all, of the shares acquired by 
the Plan Trustee will be purchased in the secondary market.  As a result, the 
Company will not receive any proceeds from the purchase or sale of these shares.
If the Trustee acquired shares directly from the Company the acquisition price 
would be the current market price of the stock and the proceeds of such a sale 
would be used for general corporate purposes.  The Company does not expect the 
Trustee to purchase shares directly from the Company and is not relying on the 
Plan as a source of liquidity or capital for future operations.

        The Common Stock of the Company is traded on the National Association of
Securities Dealers' Automated Quotation National Market System ("NASDAQ/NMS").

                            I. SELLING SHAREHOLDERS

        The shareholders offering shares of the Common Stock pursuant to this 
Prospectus ("Selling Shareholders") are officers and other "employees who may be
deemed affiliates" of the Company who have participated or may participate in 
the Plan and who may reoffer the shares of Common Stock acquired pursuant to the
Plan.

        The following table sets forth certain information regarding the 
ownership of shares of the Common Stock by the Selling Shareholders as of 
December __, 1994, the numbers of shares offered for sale by the Selling 
Shareholders, and the ownership of the Common Stock by the Selling Shareholders 
after the sale.  Each of the following persons has sole voting and investment 
power with respect to the shares of Common Stock set forth opposite his name.

                                       4
Number of                      Number of
                                             Shares of                      Shares of
                                            Common Stock                    Common Stock
                                            beneficially      Number of     beneficially        Percentage
  Selling               Relationship       owned prior to      Shares        owned after     owned after this
 Shareholder            to Company         this Offering       Offered         Offering          Offering
 -----------            ----------         -------------       -------         --------          --------
J.B. Hunt               Chairman of the                                           (1)
                        Board of
                        Directors          ______________

Kirk Thompson           President, Chief                                          (1)               (2)
                        Executive
                        Officer, Director  ______________

Johnelle Hunt           Secretary,                                                (1)               (2)
                        Director           ______________

Bryan Hunt              Assistant                                                 (1)               (2)
                        Secretary,
                        Director           ______________
(1) Assumes all shares offered hereby are sold.
(2) Assuming all shares offered hereby are sold, less than 1%.

                           II. PLAN OF DISTRIBUTION

        The shares may be sold from time to time by the Selling Shareholders, or
by pledgees, donees, transferees or other successors in interest of the Selling 
Shareholders. Such sales may be made on the over-the-counter market, or 
otherwise at prices and at terms then prevailing or at prices related to the 
then current market price, or in negotiated transactions.

        In general, the shares may be sold by one or more of the following 
means: (a) a block trade in which the broker or dealer so engaged will attempt 
to sell the securities as agent but may position and resell a portion of the 
block as principal to facilitate the transaction; (b) purchases by a broker or 
dealer as  principal and resale by such broker or dealer for its account 
pursuant to this Prospectus; (c) an exchange distribution in accordance with the
rules of such exchange (if the securities are then listed on an exchange); and 
(d) ordinary brokerage transactions and transactions in which the broker 
solicits purchasers. In effecting sales, brokers or dealers engaged by the 
Selling Shareholders may arrange for other brokers or dealers to participate. 
Brokers or dealers will receive commissions or discounts from the Selling 
Shareholders in amounts to be negotiated immediately prior to the sale. Such 
brokers or dealers and any other participating brokers or dealers may be deemed 
to be "underwriters" within the meaning of the Securities Act of 1933, as 
amended, in connection with such sales.

                                       5
III. ADDITIONAL INFORMATION

General Matters

        The participation by employees in the Plan does not confer upon the 
employee any right with respect to continuance of employment with the Company, 
nor does it impair or restrict in any manner the right of the Company to 
terminate such employment.

Description of Common Stock

        As of September 30, 1994, the authorized capital stock of the Company 
consisted of 100,000,000 shares of Common Stock, par value $.01 per share, of 
which 38,635,541 shares were outstanding (including __________ treasury shares) 
and held by approximately __________ shareholders of record.

        Common Stock. Holders of Common Stock are entitled to one vote per share
on all matters submitted to a vote of the stockholders, including the election 
of directors. The Company's Amended and Restated Certificate of Incorporation 
provides for cumulative voting for the election of directors. Subject to the 
preferential rights of any outstanding series of Preferred Stock, the holders of
Common Stock will be entitled to such dividends as may be declared from time to 
time by the Board of Directors from funds available therefor, and will be 
entitled to receive pro rata all assets of the Company available for 
distributions to such holders upon liquidation. No shares of the Common Stock 
have any preemptive, redemption or conversion rights, or the benefits of any 
sinking fund. All outstanding shares of Common Stock are, and those offered 
hereby will be, when issued or transferred out of the treasury, fully paid and 
nonassessable.

Transfer Agent and Registrar

        The transfer agents and registrar for the Company's Common Stock is 
First Chicago Trust Company of New York, P.O. Box 2500, Jersey City, New Jersey 
07303-2500, telephone 1-800-446-2617 for shareholder inquiries.

Indemnification

        Arkansas Code Annotated Sections 4-27-850 and 4-27-1621 (1987) provide, 
in summary, that the directors and officers of the Company are entitled, under 
certain circumstances, to be indemnified by it against all expenses and 
liabilities incurred by or imposed upon them as a result of suits brought 
against them as such directors and officers, if they act in good faith and in a 
manner they reasonably believe to be in or not opposed to the best interests of 
the Company, and with respect to any criminal action or proceeding, have no 
reasonable cause to believe their conduct was unlawful; provided, that no 
indemnification shall be made against expenses in respect of any claim, issue or
matter as to which they shall have been adjudged to be liable for negligence or
misconduct in the performance of their duties to the Company, unless and only to
the extent that the court in which such action or suit was brought shall 
determine upon application that, despite the adjudication of liability but in 
view of all the circumstances of the case, they are fairly and reasonably 
entitled to indemnity of such expenses which such court shall deem proper. If 
the corporation indemnifies or advances expenses to a director as described 
above, the Company must notify the shareholders concurrently with, or before,
notice of the next shareholders meeting. Article 10 of the bylaws of the Company
authorized indemnification by the Company in a similar manner.

                                       6
Insofar as indemnification for liabilities arising under the Securities 
Act of 1933 (the "Act") may be permitted to directors, officers and controlling 
persons of the Company pursuant to the foregoing provisions or otherwise, the 
Company has been advised that such indemnification is against public policy as 
expressed in the Act and is therefore unenforceable.

        No dealer, salesman or other person has been authorized to give any 
information or to make any representation in connection with this offering 
other than those contained in the Prospectus, and, if given or made, such 
information or representations must not be relied upon as having been authorized
by the Company or the Selling Shareholders. This Prospectus does not constitute 
an offer to sell or a solicitation of an offer to buy any of these securities 
in any state to any person to whom it is unlawful to make such offer or 
solicitation in such state. Neither the delivery of this Prospectus nor any sale
hereunder shall, under any circumstances, create any implication that there has 
been no change in the affairs of the Company since the date hereof.

                               December __, 1994

                                       7
SIGNATURES

        THE REGISTRANT.  Pursuant to the requirements of the Securities Act of 
1933, the Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this 
Registration Statement to be signed on its behalf by the undersigned, thereunto 
duly authorized, in the City of Lowell, State of Arkansas, on December 21, 1994.

                                       J.B. HUNT TRANSPORT SERVICES, INC.

                                       By  /s/ KIRK THOMPSON
                                         ---------------------------------------
                                         Kirk Thompson
                                         President and Chief Executive Officer

                               POWER OF ATTORNEY

        KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Kirk Thompson and Jerry W. Walton, or 
either of them, his or her true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for him or her and in his or her name, 
place and stead, in any and all capacities, to sign any and all amendments 
(including post-effective amendments) to this Registration Statement on Form S-8
and to file the same, with all exhibits thereto and other documents in 
connection therewith, with the Securities and Exchange Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and authority to
do and perform each and every act and thing requisite or necessary to be done in
and about the premises, as fully to all intents and purposes as he or she might 
or could do in person, hereby ratifying and confirming all that said 
attorneys-in-fact and agents, or any of them, or their substitutes, may lawfully
do or cause to be done by virtue hereof.

        Pursuant to the requirements of the Securities Act of 1933, this 
Registration Statement has been signed by the following persons in the 
capacities and on the dates indicated.

        Signature                       Title                     Date
        ---------                       -----                     ----

/s/    J. B. HUNT             Chairman of the               December 21, 1994
- ---------------------------   Board of Directors
J.B. Hunt 

/s/   KIRK THOMPSON           President, Chief Executive    December 21, 1994
- ---------------------------   Officer and Director
Kirk Thompson
Signature                       Title                   Date
        ---------                       -----                   ----

/s/  JERRY W. WALTON          Executive Vice President     December 23, 1994
- ------------------------      and Chief Financial Officer
Jerry W. Walton 

/s/  JOHNELLE HUNT            Secretary and Director       December 21, 1994
- ------------------------
Johnelle Hunt 

________________________      Director                     December __, 1994
John A. Cooper

________________________      Director                     December __, 1994
Fred K. Darragh, Jr.

________________________      Director                     December __, 1994
Wayne Garrison

/s/  GENE GEORGE              Director                     December 22, 1994
- ------------------------
Gene George 

/s/  ROY GRIMSLEY             Director                     December 22, 1994
- ------------------------
Roy Grimsley 

/s/ J. BRYAN HUNT, JR.        Assistant Secretary and      December 21, 1994
- ------------------------      Director
J. Bryan Hunt, Jr. 

/s/  LLOYD E. PETERSON        Director                     December 22, 1994
- ------------------------
Lloyd E. Peterson 

/s/ THOMAS L. HARDEMAN        Director                     December 21, 1994
- ------------------------
Thomas L. Hardeman
THE PLAN.  Pursuant to the requirements of the Securities Act of 1933, 
the trustees (or other person who administers the employee benefit plan) have 
duly caused this Registration Statement to be signed on its behalf by the 
undersigned, thereunto duly authorized, in the Commonwealth of Pennsylvania, on 
December 23, 1994.

                                     PRUDENTIAL TRUST COMPANY, AS TRUSTEE
                                     FOR THE J.B. HUNT TRANSPORT SERVICES, INC.
                                     EMPLOYEE RETIREMENT PLAN

                                     By  /s/ DAVID A. MILLIKEN
                                       --------------------------------------- 
                                           (Signature and Title)

                                     David A. Milliken, Vice President 
                                     and Assistant Secretary
                                     -----------------------------------------
                                           (Type or Print Name)
INDEX TO EXHIBITS
Exhibit No.     Description of Exhibit                  Page No.
- -----------     ----------------------                  --------
3         Articles of Incorporation           (incorporated by reference 
                                                  from Registration No. 
                                                  33-64950 filed June 24, 
                                                  1993 on Form S-3)

    5         Opinion of Wright, Lindsey &
              Jennings

   23a        Consent of Wright, Lindsey &
              Jennings                            (included in Exhibit 5)

   23b        Consent of KPMG Peat Marwick LLP   

   24         Power of Attorney                   (included on signature page)

   99         J.B. Hunt Transport Services, Inc.
              Employee Retirement Plan