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Union Pacific buys out Railex reefer distribution to boost service
IN a move toward vertical integration of its refrigerated cargo services, the Union Pacific Railroad (UP) said it has acquired the refrigerated and cold storage distribution assets of Railex LLC in Delano, California; Wallula, Washington; and Rotterdam, New York.
Railex is a refrigerated rail service and third-party logistics provider and plays a key role in UP's food transportation network, according to the railroad.
The Omaha, Nebraska-based Class I railway noted the acquisition, financial terms of which were not disclosed, does not include subsidiary Railex Wine Services LLC, American Shipper reported.
UP food trains directly serve Railex's Delano and Wallula facilities, transporting fruit, vegetables and other temperature-sensitive cargo across the United States. The railway said Railex will continue managing facilities during the transition and integration of its operations with Union Pacific.
Brad Thrasher, vice president and general manager of agricultural products at UP said: "The integration of their highly efficient cross dock facilities and logistics capabilities into Union Pacific's broader food network allows us to offer our customers increased access to a wider range of capacity and service solutions in a rail-centric cold chain."
Railex is a refrigerated rail service and third-party logistics provider and plays a key role in UP's food transportation network, according to the railroad.
The Omaha, Nebraska-based Class I railway noted the acquisition, financial terms of which were not disclosed, does not include subsidiary Railex Wine Services LLC, American Shipper reported.
UP food trains directly serve Railex's Delano and Wallula facilities, transporting fruit, vegetables and other temperature-sensitive cargo across the United States. The railway said Railex will continue managing facilities during the transition and integration of its operations with Union Pacific.
Brad Thrasher, vice president and general manager of agricultural products at UP said: "The integration of their highly efficient cross dock facilities and logistics capabilities into Union Pacific's broader food network allows us to offer our customers increased access to a wider range of capacity and service solutions in a rail-centric cold chain."
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