Norfolk Southern to purchase Chicago transload and warehouse facility
Strategic deal enhances rail network's first and final mile solutions
Transload facilities offer customized solutions tailored to the requirements of different types of cargo. The GLR has the infrastructure and capabilities to safely store and transload all commodity types, including steel, cement, lumber, and more.
"Transloading solutions play a pivotal role in optimizing rail networks, and this partnership exemplifies our dedication to maximizing efficiency and flexibility for our customers," said VP Business Development and First and Final Mile Markets Stefan Loeb. "By acquiring the Great Lakes Reload facility, Norfolk Southern gains access to a unique set of end-to-end supply chain solutions, unlocking significant new business opportunities for existing and future Norfolk Southern customers while preserving the successful operations already in place."
The 60-acre GLR site has an outdoor rail capacity of 175 cars, a climate-controlled 386,000 square foot warehouse with 13 overhead cranes, 18 indoor rail spots, and indoor box car docks. GLR will continue to operate the facility and support operations for Norfolk Southern.
"This long-term strategic partnership will help us grow Norfolk Southern's first mile and final mile rail traffic into and out of our Great Lakes Terminal," said Chuck Marias, President of Great Lakes Reloading. "We will continue to provide premium transloading and warehousing services to existing and future customers and are excited to be part of Norfolk Southern's First and Final Mile Markets network."
GLR serves
About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the
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SOURCE Norfolk Southern Corporation