JV to operate logistic hubs across the USA
In the USA, Anacostia Rail Holdings Company (ARH) and Brown Brothers Harriman Capital Partners (BBHCP) have created Precision Terminal Logistics (PTL), a jointly owned entity that will operate, build and acquire transloading terminals across the USA.
Transloading allows customers without direct rail access to profit from the logistical and environmental benefits of the North American railroad network. Anacostia operates freight railroads throughout the USA.
Combined, its six company-owned railroads handle the equivalent of over one million carloads annually and provide freight services on 1,000 km of track. (ben)