Union Pacific acquires Railex reefer, cold storage assets

Union Pacific acquires Railex reefer, cold storage assets

Union Pacific Corporation has acquired the refrigerated and cold storage assets of Railex, which has facilities in Delano CA, Wallula WA and Rotterdam NY. These assets do not include Railex Wine Services.

A refrigerated rail service and third-party logistics company, Railex plays a role in Union Pacific’s Food Network’s transportation of fruits, vegetables and other temperature-sensitive items across the United States.

Financial information regarding the acquisition has not yet been released.

“The Railex team developed a fantastic business changing how fresh food arrives on America’s tables, offering food shippers fast, reliable door-to-door rail based transportation solutions,” said Brad Thrasher, vice-president and general manager, Agricultural Products. “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.”

Union Pacific Food Trains serve Railex’s Delano and Wallula facilities, which are in major agricultural production regions. Railex will continue managing facilities during the integration of operations with Union Pacific.

Union Pacific Railroad connects 23 states in the western two-thirds of the nation by rail. Its Food Network ships cargo including fresh produce, frozen foods, dairy products, canned goods, bulk products and packaged goods.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish