Trinity Industries owns companies that present railcar services in North America. (Trinity Industries)
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Trinity Industries has acquired RSI Logistics for $70 million, the corporate introduced March 9.
Trinity owns companies that present railcar services in North America. RSI is a data-centric supplier of proprietary software program, logistics companies and terminal-management options to the rail trade.
“We’re excited concerning the acquisition of RSI Logistics,” Trinity CEO Jean Savage mentioned. “It’s one other step as we search to broaden our service choices with complementary options that make rail a extra compelling mode of transportation.”
Dallas-based Trinity doesn’t count on the acquisition to be materials to its monetary outcomes. RSI workers additionally will probably be retained as a part of the transaction, which closed March 8.
“RSI expands the breadth and high quality of Trinity’s platform, including logistics companies, terminal operations and intermodal transportation,” Savage mentioned. “Additionally coupling RSI’s experience and fame with the transformational expertise of Trinsight will ship a novel device to rail shippers to realize extra management of their provide chains.” — Transport Matters
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