Patriot Rail acquires United Transportation Group in US
US-based Patriot Rail Company’s subsidiary Lakeshore Railcar Services has acquired the assets of United Transportation Group (UTG) as part of plans to expand its rail services portfolio.
UTG specialises in rail tank car and tanker truck cleaning.
The 34-acre, full-service, logistics support Lakeshore facility is in East Chicago, Indiana, 20 miles south-east of downtown Chicago, Illinois.
Patriot Rail president and CEO John Fenton said: "Patriot Rail is no longer just a company made up of individual short line railroads.
"We now offer a full range of services that allows us to develop customised, cost-effective rail transportation plans for customers, on and off our rail lines.
“Providing a 'one-stop shop' for customers simplifies what can be a very complicated railroad supply chain and ultimately saves them time and money."
With this latest acquisition, Patriot Rail will be able to fulfill its strategy to provide an integrated suite of rail-related services to customers.
In 2013, the company added Blue Ridge Railcar Repair Services to its portfolio, a railcar repair and maintenance facility based out of Keysville, Virginia.
In 2014, it acquired Foster Townsend Rail Logistics, which specialises in contract railcar switching and logistics services.
By the end of last year, Patriot Rail had purchased the assets to form Global Rail Transfer, a railway clean-up and transfer company that also offers rail to truck transloading and track construction as well as repair and maintenance.