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Article: J.B. Hunt Transport Services, Inc. Announces Eastern Rail Deal.
- Article from:
- Business Wire
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOWELL, Ark. -- J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that it has reached an agreement with Norfolk Southern Corp. (NSC) to develop a new intermodal transportation contract to provide both parties a platform to accelerate the conversion of traditional truck traffic to cost effective, environmentally friendly intermodal transportation with service that is competitive with truckload moves. This multi-year agreement will further establish the parties as the leading providers of transcontinental and local intermodal service in the eastern half of the United States.
"Given the enormous confidence we have in the Norfolk Southern's ability to ...