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J.B. HUNT TRANSPORT, CONRAIL ANNOUNCE AGREEMENT

 J.B. HUNT TRANSPORT, CONRAIL ANNOUNCE AGREEMENT
 LOWELL, Ark., April 29 /PRNewswire/ -- During a press conference


today at the International Intermodal Expo, J.B. Hunt Transport (NASDAQ: JBHT) and Conrail announced a major agreement that permits J.B. Hunt to offer the first seamless transcontinental intermodal service in the United States through two companies who offer service with all company-owned equipment.
 The Conrail-Hunt arrangement will transport freight via rail between Kearny, N.J. and Chicago. In Chicago, loads can be interchanged to Santa Fe Railway if going to California or to Burlington Northern if headed toward the Pacific Northwest. Of course, some of the loads will originate or have destinations in the Midwest.
 "J.B. Hunt is excited to make this announcement. In the last two and a half years since we made history with Santa Fe Railway by offering the very first truck/train premium door to door intermodal partnership, we've been able to fine tune our service to give our intermodal customers the same quality of service J.B. Hunt Truckload customers enjoy," said Paul Bergant, executive vice president of marketing for J.B. Hunt Transport. "Now with Conrail, we can extend that service even further."
 Bergant emphasized that what is unique about Hunt's agreement with Conrail is that it comes at a time when J.B. Hunt will begin introducing new multiple-purpose vans into its trailer fleet. These vans are stackable like traditional 107-inch high containers used for several years in intermodal transportation. However, these new J.B. Hunt 48-foot vans are 110-inches in height like the 48-foot trailers used by over-the-road trucking companies.
 "A few competitors offer transcontinental intermodal service utilizing traditional 107-inch containers. But that's not as convenient for shippers as our multipurpose vans. Our vans are 110-inches in height, so we can give shippers more volume per load than competitors can. Plus, since our vans have the same dimensions as 48-foot trailers, shippers don't have to figure out new loading configurations for their products. What J.B. Hunt is offering through Conrail is not just another transcontinental intermodal service, we're offering a premium, seamless transcontinental intermodal service that perfectly mirrors over-the-road truckload service," Bergant explained.
 A prototype of the new multiple purpose vans designed by Stoughton Trailer was on exhibit at the Intermodal Expo.
 Like other J.B. Hunt intermodal arrangements, the Conrail agreement provides expedited service on high speed articulated rail equipment to provide a damage-free ride for J.B. Hunt trailers. The new service will be sold through J.B. Hunt's National Sales force who can visit customers at their offices and coordinated through the trucking company's Customer Service/Logistics Center in Lowell, Ark. Like all other J.B. Hunt intermodal arrangements, Conrail and J.B. Hunt will be linked through electronic data interchange (E.D.I.) to provide highly accurate service. An on-site Conrail representative will work at J.B. Hunt's headquarters in Lowell, Ark., to help coordinate service. "Hunt will use only company-owned trucks driven by company-employed drivers to pick up and deliver these loads. That's another important differentiation between our service and others who claim to have transcontinental service similar to ours," Bergant said.
 Conrail will handle the J.B. Hunt intermodal freight through their Premium Intermodal Service Network which is well known throughout the industry for its accurate, on-time service.
 "Conrail is dedicated to being the carrier of choice in every transportation market it serves, so we are pleased J.B. Hunt chose Conrail as its rail intermodal partner in New York-Chicago corridor," said Gordon H. Kuhn, Conrail's senior vice president - marketing and sales. "Conrail's fast, frequent, reliable and damage-free premium intermodal service supports the needs of J.B. Hunt and its customers."
 By April 1992, J.B. Hunt has been averaging 1,650 intermodal loads a week. That's up from 480 a year ago. J.B. Hunt has led the premium intermodal trend by having such advantages as dedicated staging areas at the ramps, priority space reserved on the trains, Hunt driver supervision at ramp sites, and total claims liability.
 "At this time it's impossible to project the amount of revenue the agreement with Conrail will produce annually," Bergant said. "However, considering Conrail's reputation in the industry and the quality of service J.B. Hunt is famous for, we're extremely optimistic about our future together."
 The Hunt/Conrail service is projected to begin operation in mid- summer. This is the sixth intermodal agreement Hunt has made since 1989. Hunt's other railroad partners for intermodal service include: Santa Fe Railway, Burlington Northern, Southern Pacific, Florida East Coast and Union Pacific. Through them, Hunt has been able to offer premium intermodal service in almost every area of the United States. Beginning May 1, J.B. Hunt will expand its intermodal service routes to the Mexican border through a new agreement with Santa Fe Railway. This new route runs from the current Santa Fe ramps to El Paso, Texas. Those ramps include Chicago, Kansas City and the Santa Fe ramps in California. Last month, Hunt announced an agreement with Union Pacific which runs from Memphis, Tenn., to Laredo, Texas. In July, the Union Pacific lane will be expanded north to Chicago. Both the Santa Fe and Union Pacific lanes to Texas border cities may be expanded to Mexico City through an interline operation with FNM, the national Mexican rail system.
 -0- 4/29/92
 /CONTACT: Paul Bergant, 501-820-7100, or Molly Remes, 501-820-8270, both of J.B. Hunt Transport; or Bob Libkind of Conrail, 215-977-4594/
 (JBHT) CO: J.B. Hunt Transport ST: Arkansas IN: TRN SU:


TS -- NY039 -- 4304 04/29/92 11:07 EDT
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Date:Apr 29, 1992
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