Omnitrax

OmniTRAX Acquiring Winchester & Western

A managed affiliate of OmniTRAX, Inc has entered into a definitive agreement to acquire the 101-year-old Winchester & Western Railroad (W&W), which operates in Maryland, New Jersey, West Virginia and Virginia, from Covia Holdings Corp. The $105 million transaction is expected to close during third-quarter 2019 and is subject to customary closing conditions, including Surface Transportation Board review.

Fighting Trump’s border-slowdown threat

Eighteen North American trade associations representing railroads, truckers and their customers that ship between the United States and Mexico have joined forces to tell the Trump Administration and Congress that restricting cross-border trade by either complete shutdown or slowdown, as President Trump has threatened, will have serious, highly damaging economic and social consequences.

OmniTRAX celebrates individual, team performances

Transportation service company OmniTRAX held its annual National Leadership Meeting (NLM) in Denver on Feb. 19-21 to review last year’s performance and plan for 2019 growth. The conference, which had a “Catch The Wave” theme, featured the presentation of several awards to individual and team members and to OmniTRAX-operated rail lines.

Scott, Garin join OmniTRAX Board

OmniTRAX, Inc. has elected Cameron Scott and David Garin to its Board of Directors. Scott’s addition coincides with his retirement as Executive Vice President and Chief Operating Officer at Union Pacific Feb. 28, 2019; Garin’s service follows an extensive career that culminated in his most recent role as Group Vice President, Industrial Products at BNSF.