Precision Terminal Logistics (PTL) is pleased to announce a recent agreement with Norfolk Southern Corporation to operate the rail network’s TBT (Thoroughbred Bulk Transfer) Terminal in Louisville, Kentucky. PTL will provide customized transloading services for various shippers at this Norfolk Southern rail terminal.
The facility holds 75 total railcar spots and is conveniently located less than one mile from Highway I-264 at 595 N. 34th Street in Louisville, KY. The TBT location provides access to not only the immediate Louisville market, but also Cincinnati, Ohio, Indianapolis, Indiana, and Owensboro, Kentucky.
The Louisville terminal has the capabilities to handle HAZMAT and non-HAZMAT materials, dry and liquid bulk products, food grade products, aggregates, lumber, plastics, and other dry bulk materials. It also houses a certified truck scale.
“Norfolk Southern and PTL have been working on developing this project for quite some time and we are honored to have been selected,” said Jason Hodge, Vice President of Commercial Development, Precision Terminal Logistics. “As a company, we are excited for the opportunity to grow and provide much-needed transload and logistics services to the Louisville market. Not only will we deliver for this TBT, but it will also enhance the longstanding relationships we have with rail yards across the country.”
As operations ramp up, PTL will continue coordinating directly with Norfolk Southern Rail Integrated Solutions (RIS), a division of its Business Development and First and Final Mile Markets Department.
“Over the past year, we have assessed our network's Thoroughbred Bulk Transfer facilities with a focus on enhancing efficiency and fostering growth," said Ashley King, Director of Rail Integrated Solutions at Norfolk Southern. "Precision Terminal Logistics has proposed a strategy aligning with three key objectives for our TBT network: enhancing operational safety, improving customer service and relationships, and driving sales and business development. Norfolk Southern looks forward to growing our partnership with PTL to move more freight for our customers and the global economy."
About Precision Terminal Logistics
Precision Terminal Logistics currently operates 21 rail-served transload terminals in 15 states. PTL provides customers with an array of material handling service capabilities including the safe and efficient transloading of various commodity cargos that include liquid bulk products, dry bulk products, and dimensional cargo from rail and truck. PTL also operates a large-scale mining operation in Bloomfield, MO and has high-volume commodity warehousing operations in The Ports of New Orleans, LA and Savannah, GA through its wholly owned subsidiary, The Kearney Companies. PTL was formed in September 2019 by Anacostia Rail Holdings Company and Brown Brothers Harriman Capital Partners Opportunities Fund, L.P. www.precisiontl.com.
About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid approximately 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and Norfolk Southern originates more automotive traffic than any other Class I Railroad. Norfolk Southern also has the most extensive intermodal network in the eastern U.S. It serves a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as to major ports in the Gulf of Mexico and Great Lakes. Learn more by visiting www.norfolksouthern.com.
Media Inquiries:
Norfolk Southern Corporation
Investor Inquiries:
Luke Nichols - 470-867-4807
Precision Terminal Logistics
Jason Hodge - 412-514-6023
Email: jhodge@precisiontl.com
A PDF of the release can be found below:
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