Printer Friendly

SANTA FE AND J.B. HUNT ANNOUNCE NEW SOUTHEAST SERVICE

 LOWELL, Ark., June 16 /PRNewswire/ -- Santa Fe Railway and J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) have agreed to initiate joint intermodal service between intermodal ramp facilities at Tulsa, Okla., Memphis, Tenn. and California ramp points.
 The Tulsa intermodal facility will serve the manufacturing regions of eastern Oklahoma, northwest Arkansas, southwest Missouri and southeast Kansas. Memphis will provide J.B. Hunt with intermodal access into the southeastern United States.
 "The inauguration of intermodal ramp operations at Memphis and Tulsa gives Santa Fe and J.B. Hunt, through their joint service agreements, an opportunity to capture traffic moving by highway in these markets," says Steve Mitchell, Santa Fe's vice president-Quantum. "This factor was a major consideration in seeking Santa Fe's recently-announced haulage agreement with Burlington Northern Railroad."
 Tom Williams, vice president, intermodal, J.B. Hunt Transport agrees: "We are excited about these new ramp operations to better serve our customer as we continually strive to reach closer to our customer's locations. Through the reduction of drayage miles, we are able to better utilize our assets as well as provide higher quality driving jobs for our employees. Furthermore, we believe this route will prove to be a very important link in completing our international intermodal network."
 The new joint service will be utilizing Santa Fe's recently- negotiated haulage agreement with Burlington Northern Railroad which extends from Avard, Okla., to Birmingham, Ala. Operations are planned to begin June 15, 1993.
 -0- 6/16/93
 /CONTACT: Susan Lea of J.B. Hunt Transport Services, Inc., 501-820-8270; or Mike Martin of Santa Fe Railway, 708-995-6278/
 (JBHT SFX)


CO: J.B. Hunt Transport Services, Inc.; Santa Fe Railway ST: Arkansas, Oklahoma IN: TRN SU: PDT

LR -- NY029 -- 2551 06/16/93 10:58 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 16, 1993
Words:289
Previous Article:POLYPHASE CORPORATION ANNOUNCES ACQUISITION AGREEMENT
Next Article:C.R. GIBSON COMPANY DECLARES DIVIDEND
Topics:


Related Articles
J.B. HUNT TRANSPORT AND UNION PACIFIC OFFER NEW SERVICE
J.B. HUNT TRANSPORT SERVICES, INC. REPORTS REVENUES AND EARNINGS FOR SECOND QUARTER 1992
CN NORTH AMERICA AND J.B. HUNT SIGN AGREEMENT
BURLINGTON NORTHERN, SANTA FE FILE MERGER APPLICATION WITH ICC
BURLINGTON NORTHERN, SANTA FE FILE MERGER APPLICATION WITH ICC
J.B. Hunt and BNSF to arbitrate revenue split.
J.B. Hunt to take $16.5 million charge.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters