We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » OmniTrax to partner with Port of Cleveland after buying Ohio short-line railroad
newsworthy

OmniTrax to partner with Port of Cleveland after buying Ohio short-line railroad

August 27, 2019
DC Velocity Staff
No Comments

Transportation and logistics service provider OmniTrax Inc. is buying up another short-line railroad, announcing today that it will acquire the Ohio-based Cleveland Commercial Railroad (CCRL) and its wholly owned subsidiary, Cleveland Harbor Belt Railroad (CHB).

Terms of the deal were not disclosed, but the acquisition is expected to close in late August. As part of the acquisition, the CCRL will be renamed Cleveland & Cuyahoga Railway LLC and the CHB will be renamed Cleveland Port Railway LLC.

The news comes just a month after OmniTrax said it would buy Winchester & Western Railroad (W&W) from its parent company Covia Holdings Corp. for $105 million, saying today the move will allow it to provide freight delivery access to large population centers on the U.S. east coast.

In its latest purchase, OmniTrax will gain CCRL's 35 miles of track in Northern Ohio, which interchange with Norfolk Southern and the Wheeling & Lake Erie Railway. OmniTrax will also take over CHB's job of managing the Port of Cleveland's rail switching service, which primarily handles commodities including steel, scrap metals, grain, and chemicals. CHB interchanges with Norfolk Southern and CSX.

Adding those assets will allow OmniTrax to cooperate with the Port of Cleveland to increase productivity by finding better ways for rail and maritime to work together, OmniTrax CEO Kevin Shuba said in a release. "OmniTrax has been growing at an average annual rate of more than 20 percent for the past five years, and the acquisition of CCRL and CHB allows us to continue to strengthen the valuable network that makes us such an important partner to our customers," Shuba said. "We look forward to working with the Port of Cleveland and are confident our partnership will lead to significant growth in both marine and rail activity."

More specifically, the port plans to partner with OmniTrax to further build out the on-dock rail business at its general docks, according to David Gutheil, chief commercial officer at the Port of Cleveland. "OmniTrax has a substantial customer base across their existing network and a history of leveraging their strong partnerships with the Class 1 railroads to increase revenues and find new lines of business," Gutheil said. "We share their entrepreneurial spirit and look forward to working closely with their team and our terminal operator, Logistec, to provide cost effective and efficient solutions for our shipping community."

National rail company could double Port of Cleveland traffic via @CrainsCleveland with @DaveGutheil and @kimfouroffive https://t.co/AVpjK8xkm8

— Port of Cleveland (@portofcleveland) August 20, 2019
Transportation Rail Maritime & Ocean
KEYWORDS OmniTrax Port of Cleveland
  • Related Articles

    OmniTrax to acquire Winchester & Western Railroad for $105 million

    OmniTRAX Brings its Rail-Ready Sites Program to the Greater Savannah Area with Support of Effingham

    BNSF, Port of Portland partner to shuttle freight to Seattle

Recent Articles by DC Velocity Staff

CMA/CGM to add LNG-powered ships to U.S. service

Buyers could target warehousing and fulfillment operations in 2021, investment bank says

North American entries rank high in Toyota Material Handling design contest

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

Report Abusive Comment

Most Popular Articles

  • Relaxed regulations for drone parcel delivery to take effect in March

  • Gartner survey signals increased investment in resilience over the next two years

  • Increasing Urgency for Vaccine Supplies Drives Launch of New Vaccine Manufacturing Resources on Thomasnet.com

  • IBM survey says digitalization trends will sweep trucking industry by 2030

  • What Level of Automation is Right for Your Warehouse?

Now Playing on DCV-TV

Ef7899d1 1c83 487b 9291 8af692931c96

myQ Dock Management

DCV-TV 4: Viewer Contributed
Introducing myQ Dock Management. Connect your loading dock equipment and iDock Controls from Poweramp, McGuire, or DLM to the cloud and view your loading activity online with myQ Dock Management.Facilities with myQ can monitor the real-time status of their docks and be proactive in improving efficiency and safety. ...

FEATURED WHITE PAPERS

  • Time to rethink your lift truck power

  • Warehouse Management System Project Toolkit

  • Solving Talent Management Challenges Now and In the Future

  • Shaping Up Last Mile Delivery to Surpass Customer Expectations

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing