Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN 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
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1. Name and Address of Reporting Person *
HARPER ALFRED C
2. Issuer Name and Ticker or Trading Symbol
HUNT J B TRANSPORT SERVICES INC [JBHT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
EVP and Chief Operations Offic
(Last)
(First)
(Middle)

615 J.B. HUNT CORPORATE DRIVE
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2004
(Street)


LOWELL, AR 72745
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock             81,111 D  
Common Stock 401(k) 12/31/2004 12/31/2004 I 47 D $ 0 (1) 8,563 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. 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. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Forward Sale Contract $ 1           07/23/2007 07/23/2007 Common Stock
$ 1
  $ 1
D
 
Right to Buy Stock Option $ 5.31           06/01/2001 10/12/2006 Common Stock
2,000
  2,000
D
 
Right to Buy Stock Option $ 6           06/01/2000 01/25/2008 Common Stock
14,286
  14,286
D
 
Right to Buy Stock Option $ 6.25           06/01/1999 10/08/2009 Common Stock
9,436
  9,436
D
 
Right to Buy Stock Option $ 6.95           06/01/2002 11/02/2012 Common Stock
50,000
  50,000
D
 
Right to Buy Stock Option $ 7.5           06/01/1998 04/14/2008 Common Stock
20,000
  20,000
D
 
Right to Buy Stock Option $ 8.81           06/01/1994 07/20/2006 Common Stock
40,000
  40,000
D
 
Right to Buy Stock Option $ 9.62             (2) 05/30/2007 Common Stock
6,000
  6,000
D
 
Right to Buy Stock Option $ 14.16           06/01/2004 10/24/2013 Common Stock
35,556
  35,556
D
 
Right to Buy Stock Option $ 14.43           06/01/1999 06/15/2009 Common Stock
8,000
  8,000
D
 
Right to Buy Stock Option $ 24.4           06/01/2009 10/23/2013 Common Stock
24,000
  24,000
D
 
Right to Buy Stock Option $ 40.73           06/01/2012 10/21/2015 Common Stock
24,000
  24,000
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HARPER ALFRED C
615 J.B. HUNT CORPORATE DRIVE
LOWELL, AR 72745
      EVP and Chief Operations Offic

Signatures

Debbie Willbanks 02/04/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(2) First date exerciseable is 6/1/1997
(1) To correct actual holdings in 401(k) account at year end.

Note: File three copies of this Form, one of which must be manually signed. If space provided 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.