Supplier News

Federated Railways Acquires Cold Train Express Intermodal Service

Federated Railways, Inc., a Farmington Hills, Mich., affiliate of Federated Capital Corp., entered into an agreement to acquire the assets of Rail Logistics, LLC, including its "Cold Train" express intermodal service. The new subsidiary will be called Federated Cold Train, LLC, and will conduct business as Cold Train. The company will maintain its current management team and staff, including Steve Lawson as president and CEO, and will retain its current headquarters in Overland Park, Kan.

Federated Capital’s holdings consist of a variety of service, leasing and railroad assets, including the Great Lakes Central Railroad, Inc. (GLCR), a 400-mile regional railroad operating entirely in Michigan, and Federated Railcar, Inc., owner of a fleet of refurbished passenger cars. Rail Logistics launched the "Cold Train" express intermodal service in partnership with BNSF Railway from the Port of Quincy Intermodal Terminal in Quincy, Wash.,  and then more recently began a similar Cold Train service from Portland, Ore.

In 2013, Cold Train expanded its Washington-based refrigerated container fleet to over 400 state-of-the-art, 53-foot containers while adding several new destinations on the East Coast. As a result, Cold Train now delivers refrigerated cargo from Washington and Oregon to Illinois, Indiana, Michigan, Wisconsin, Ohio, Pennsylvania, New York, New Jersey, Connecticut, Massachusetts, Delaware, Maryland, Virginia, Tennessee, North Carolina, South Carolina, Louisiana, Mississippi, Georgia and Florida. Cold Train also has regular express service from Washington and Oregon to Toronto, Ontario.

Furthermore, Cold Train hauls refrigerated and frozen foods and some dry goods back from the Midwest and East Coast to Washington and Oregon. In other words, Cold Train ships loaded or full containers both directions to maximize utilization of equipment, which helps to reduce costs and provide both an inbound and outbound service for shippers and receivers. The combined assets of Federated Capital and Cold Train will provide a wide variety of freight transportation options for shippers, growers, producers, packers, food processors and retailers alike.

"The addition of Cold Train to our portfolio of service and asset-based companies will allow Federated Capital Corp. to add the fast growing 'domestic intermodal' sector to its freight rail transportation portfolio. This is important as many shippers and receivers are looking for door-to-door intermodal logistics solutions that decrease cost, increase efficiency and reduce the carbon footprint," says Louis Ferris, president of Federated Capital. "Federated Capital plans to add a minimum of 1,000 containers to the Cold Train fleet over the next five years, bringing the fleet to 1,400 containers."

Did you enjoy this article? Click here to subscribe to Refrigerated & Frozen Foods magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

OSI, 2014 Refrigerated Foods Processor of the Year

Find out how this global food provider secured a new supply chain global trading platform, opened a new culinary innovation center and continues to keep food safety top of mind.

Read cover story here.
Read plant story here.

7/31/14 12:00 pm EDT

Engaging the Manufacturing Workforce to Drive Business Improvement

AIOE’s Workforce Development Solutions Group will soon release its work product, “The Engagement Framework”. This is a robust resource tool that both CPGs and suppliers should find useful in their organizations. Attendees will learn of the key attributes of Engagement, and cases and lessons learned on how to apply these guiding lessons within your company. The value proposition is fundamental to business success in our industry: business performance, competitive globally, recruitment and retention.

Processors On The Rise...

What aspects of an up-and-coming company are most important for it to become successful in the cold food marketplace?
View Results Poll Archive

Refrigerated and Frozen Foods Magazine

CoverImage

2014 September

Refrigerated & Frozen Foods' September 2014 issue features the six Processors to Watch in 2015 and the Cold Storage Construction Guide.

Table Of Contents Subscribe

The Refrigerated and Frozen Food Store

ColdPackagingMaterialsGuide_products
Cold Packaging Materials Guide

A guide to cold packaging containers and materials.

More Products

Refrigerated & Frozen Foods Delivers

RFF Infographic 133x133Click here to see a snapshot of the many different ways Refrigerated & Frozen Foods delivers business and technology solutions to cold chain professionals.

Buyer's Guide

Visit our Buyer's Guide!

Refrigerated & Frozen Foods offers a Cold Packaging Materials Guide, as well as a Cold Storage Warehouse Guide, the most comprehensive listing of cold storage warehouses.

Visit the Buyer's Guide page today!

STAY CONNECTED

facebook_2014 twitter_40px youtube_40pxlinkedin_40px