DENVER, Aug. 2,
2011 /PRNewswire/ -- OmniTRAX, Inc. today announced that the
Stockton Terminal & Eastern Railroad ("ST&E"), which has been in
operation since 1908, is now part of the OmniTRAX, Inc. family of managed
railroads.
"The ST&E has a long and storied history and has provided quality rail
service to its customers for decades," said Gary
Long, president and CEO of OmniTRAX. "We look forward to continuing to
provide that same high level of service in the future and working with the
customers in Stockton to help grow their
businesses and to bring new industries and jobs to the area."
Located in California's Central Valley, the
25-mile ST&E Railroad is linked to the Port of Stockton via the Union Pacific and Burlington Northern
Sante Fe railroads. It is located near Interstate 5, one of North America's busiest freight corridors, and serves a
number of Fortune 500 customers located on its lines.
Its prime location maintains rail access for active industrial facilities
comprising hundreds of thousands of square feet; plus another 800,000 square
feet of available warehouse space; and hundreds of acres of agricultural fields
and of industrial-zoned property. Concurrent with the acquisition of ST&E,
OmniTRAX has formed a joint venture with ST&E's prior owner to develop these
facilities and attract new rail business to the properties.
OmniTRAX, based in Denver, Colorado, is one of
North America's largest privately-held
transportation management companies, managing railroads, intermodal service
providers, transload companies, ports, and related entities throughout North America. With the addition of the ST&E, it
manages 17 regional and short line railroads, serving 11 U.S. states and three
Canadian provinces. For more information, see www.omnitrax.com.
OmniTRAX is an affiliate of The Broe Group, based in Denver, Colorado, which has operations in the real
estate, transportation and energy businesses throughout North America. For more information, see www.broe.com.