Union Pacific acquires Railex
The nation’s largest railroad is taking over the massive fresh fruit and vegetable shipping operation in the Rotterdam Corporate Park.
Union Pacific announced it has acquired the refrigerated and cold-storage facilities of Railex in Rotterdam; Wallula, Washington; and Delano, Calif. Railex employs the full-time equivalent of about 300 employees in Rotterdam, which is the eastern terminus of a high-speed rail operation delivering fresh produce from warmer climates to the Northeast.
Railex Wine Services, which also has a presence in Rotterdam, was not part of the UP acquisition.
Railex also has a small headquarters office in downtown Schenectady.
Union Pacific indicated in a news release that Railex would continue to manage the facilities during a transition period as they are integrated into UP’s operations.
No local impact on the local workforce or the headquarters operation was indicated in the UP news release. Railex officials deferred comment to UP; UP did not respond to requests for comment for this story.
Railex opened its Rotterdam terminal in autumn 2006 with an innovative model to reach an ambitious goal: Race refrigerated carloads of fresh food from areas where it can be harvested all year round to an area where it can’t: The Northeast. The trains stop only for refueling and crew changes, and they cross the country much more quickly than conventional railroad transportation would in most cases.
Read the full story: here
Cropley | January 6, 2017, John. “Union Pacific Acquires Railex.” The Daily Gazette. N.p., 6 Jan. 2017. Web.
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