Patriot Rail Company LLC (PRC), a leading operator of short-line and regional freight railroads and rail-related services, said today it has combined with maritime logistics provider Diversified Port Holdings LLC (DPH) to create an expanded portfolio of businesses.
PRC owns and operates 12 short-line railroads and five rail-related service companies with more than 600 total rail miles across the U.S. Its Patriot service companies provide rail-car repair, tank-car cleaning, product recovery, load adjusts and transfers, transloading, and flood response, among other services.
DPH, through its principal subsidiaries Seaonus Holdings LLC and Portus Holdings LLC, operates an integrated maritime logistics business across six southeast U.S. states. Seaonus and Portus provide stevedoring and terminal services, including on- and off-port storage facilities to drive increased utilization of the maritime terminal infrastructure. Logistics services, intermodal connectivity, and use of on- and off-port storage facilities combine to maximize cargo throughput.
Patriot CEO John Fenton, who was recently appointed CEO of the unified company, said in a statement that customers are increasingly seeking bundled port and rail services and that DPH and Patriot have partnered in the past to provide these services.
Patriot Rail Company and DPH are both headquartered in Jacksonville, Fla.
