J.B. Hunt in deal with Norfolk Southern
J.B. Hunt Transport Services Inc. and Norfolk Southern Corp. said Thursday they had reached a multiyear agreement on a new intermodal transportation contract.
'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', said Wick Moorman, Norfolk Southern chief executive officer. '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.”