NORFOLK SOUTHERN CORP
			Symbol			NSC

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J.B. Hunt Transport Services, Inc. Announces Eastern Rail Deal

2009-11-05 15:05 ET - News Release

Also News Release (U-JBHT) JB HUNT TRANSPORT SERV INC

LOWELL, Ark. -- (Business Wire)

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 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,” said Kirk Thompson, CEO of JBHT. “This new agreement will provide unparalleled intermodal service and value for U.S. shippers. 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.”

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