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

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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(Print or Type Responses)
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. Date of Earliest Transaction (Month/Day/Year)
10/16/2006
(Street)

LOWELL, AR 72745		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 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 Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               250,398 D  
Common Stock 401(k)               17,135 D  

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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 Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Forward Sale Contract (1)             06/20/2008 06/20/2008 Common Stock $ 1   $ 1 D  
Forward Sale Contract $ 0.5             07/23/2007 07/23/2007 Common Stock $ 2   $ 2 D  
Forward Sale Contract $ 0.5             08/10/2009 08/10/2009 Common Stock $ 1   $ 1 D  
Restricted Stock (2) 10/16/2006 10/16/2006 A   20,000   07/15/2011 08/15/2015 Common Stock 20,000 (2) 37,000 D  
Right to Buy Stock Option $ 3.125             06/01/1999 10/08/2009 Common Stock 10,872   10,872 D  
Right to Buy Stock Option $ 3.475             06/01/2002 11/02/2012 Common Stock 100,000   100,000 D  
Right to Buy Stock Option $ 3.75             06/01/1998 04/14/2008 Common Stock 8,000   8,000 D  
Right to Buy Stock Option $ 7.08             06/01/2004 10/24/2013 Common Stock 53,336   53,336 D  
Right to Buy Stock Option $ 7.215             06/01/1999 06/15/2009 Common Stock 8,000   8,000 D  
Right to Buy Stock Option $ 12.2             06/01/2009 10/23/2013 Common Stock 48,000   48,000 D  
Right to Buy Stock Option $ 20.365             06/01/2012 10/21/2015 Common Stock 48,000   48,000 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   10/18/2006
**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).
(1) On August 10, 2006, Alfred C. Harper entered into a Specialized Term Appreciation Retention Sale (STARS) transaction with Bank of America whereby the holder will agree to sell Bank of America on a forward basis for settlement on or about August 2009 up to 40,000 shares of common stock to be delivered in accordance with a variable share delivery formula. The forward floor price on August 10, 2006 was $19.6344. The forward cap price will be $29.4516.
(2) The Resrtricted Stock award, approved by the Company's Compensation Committee, vests over a five-year period. There is no purchase price required by the recipient in connection with this award. Termination of the recipient's employment for any reason other than death or disability shall result in forfeiture of the award on the date of termination.

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