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J.B. Hunt, Norfolk Southern team for Eastern intermodal service
By CCJ Staff
J.B. Hunt Transport Services announced Thursday, Nov. 5, that it has reached an agreement with Norfolk Southern Corp. to develop a new intermodal transportation contract to provide both parties a platform to accelerate the conversion of traditional truck traffic to intermodal transportation with service that is competitive with truckload moves. The companies say the multiyear agreement will further establish themselves 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 Norfolk Southern’s ability to provide the best intermodal service in the Eastern half of the U.S. and the obvious commitment NSC has made by the significant investments in their corridor development, we are delighted to have the opportunity to elevate our joint services into the future,” says Kirk Thompson, chief executive officer of JBHT, based in Lowell, Ark.
“This new agreement will provide unparalleled intermodal service and value for U.S. shippers," Thompson says. "The conversion of highway freight to the more-efficient, cost-effective, safer and more environmentally-friendly services that we jointly provide will not only benefit shippers and the general public, but JBHT and NSC shareholders alike.”
Norfolk Southern CEO Wick Moorman says his company's strengthened relationship will JBHT will offer significant benefits to shippers, communities, states and the country by reducing highway congestion, fuel consumption and emissions.
“Our new services with J.B. Hunt will provide shared incentives to grow volume and revenues by converting substantial volumes of freight from highway to rail,” Moorman says. “We look forward to working with the J.B. Hunt team to offer new high-speed, reliable, premium services to domestic intermodal customers over our entire network, including our new Crescent Corridor route from New England, northern New Jersey and Pennsylvania south to Memphis and New Orleans." |
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