trac intermodal stonepeak

Marine chassis are irreplaceable, long-lived assets that form a critical component of the intermodal supply chain by facilitating the movement of shipping containers across modes of transportation from port terminals to distribution centers and end users. Plymouth, MA 02360 Save my name, email, and website in this browser for the next time I comment. Rick LeonardRCL Communications203.434.7734 rick@rclcommunications.com, View original content to download multimedia:http://www.prnewswire.com/news-releases/stonepeak-infrastructure-partners-closes-agreement-to-acquire-trac-intermodal-301031825.html, Fortress Value Acquisition Corp. II Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing October 2, 2020, CNN's Jake Tapper calls first presidential debate a 'hot mess inside a dumpster fire' after Trump, Biden clash, Trump admits greenhouse gases contribute to climate change 'to an extent', Asset Performance Management Market To Witness Steady Growth Based On Rising Adoption Into Diverse Business Sectors From 2019 To 2025 | Million Insights, Simple Trick To Repair Your Car Scratch & Dent, 4 takeaways from the most juvenile presidential debate in U.S. history, Trump mocks Biden for wearing masks: 'Every time you see him, he's got a mask', Trump says he's paid 'millions' in taxes but rejects Biden’s demands to release his returns, Trump makes false claims on mail-in voting integrity during 1st presidential debate. In addition to its chassis fleet, TRAC owns a maintenance and repair (“M&R”) services business with ~70 mobile service units and seven service centers nationwide that offers repairs to third parties and TRAC’s own chassis fleet. Stonepeak Infrastructure Partners has completed the previously announced transaction to acquire TRAC Intermodal and its subsidiaries from investment funds managed by an affiliate of Fortress Investment Group LLC on March 27, 2020. Stonepeak Infrastructure Partners has completed the previously announced transaction to acquire TRAC Intermodal and its subsidiaries from investment funds managed by an affiliate of Fortress Investment Group LLC on March 27, 2020. Stonepeak Infrastructure Partners has entered into a binding agreement to acquire intermodal infrastructure provider TRAC Intermodal (TRAC) and its subsidiaries from investment funds managed by an affiliate of Fortress Investment Group LLC. Their deep experience and relationships in North America will help fuel our continued growth and reinforce our industry leadership position in providing the highest quality products, reliable equipment and best-in-class customer service to the marine intermodal and transportation industries.”. TRAC subsidiaries offer nationwide tire and parts supply through TRAC Tire Services, emergency fleet roadside assistance through FYX, and maintenance, repair and depot solutions through TRAC Services.

PRINCETON, N.J., Feb. 18, 2020 /PRNewswire/ -- Stonepeak Infrastructure Partners ("Stonepeak") announced today that it has entered into a binding agreement to acquire TRAC Intermodal ("TRAC… Our focus will be on continuing to provide TRAC’s customer base with best-in-class service solutions while also pursuing new commercial opportunities across the value-chain through our industry relationships,” said Luke Taylor, Executive Committee Member, and James Wyper, Senior Managing Director, both of Stonepeak. A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. from 8 AM - 9 PM ET, Copyright © 2020 PR Newswire Association LLC. Rick LeonardRCL Communications203.434.7734[email protected], Cision Distribution 888-776-0942 Required fields are marked *. TRAC's subsidiaries offer expert nationwide tire and parts supply through TRAC Tire Services, emergency fleet roadside assistance through FYX, and maintenance, repair services and depot solutions through TRAC Services. Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée.

Stonepeak invests in long-lived, hard-asset businesses and projects that provide essential services to customers, and seeks to actively partner with high-quality management teams, facilitate operational improvements, and provide capital for growth initiatives. Citi served as exclusive financial advisor to TRAC and Skadden Arps served as legal advisor to TRAC. Citi served as exclusive financial adviser to TRAC, and Skadden Arps served as legal adviser to TRAC. PRINCETON, N.J., Feb. 18, 2020 /PRNewswire/ -- Stonepeak Infrastructure Partners ("Stonepeak") announced today that it has entered into a binding agreement to acquire TRAC Intermodal ("TRAC"), a leading intermodal infrastructure provider, and its subsidiaries from investment funds managed by an affiliate of Fortress Investment Group LLC. Stonepeak Infrastructure Partners announced that it has completed the previously announced transaction to acquire TRAC Intermodal, a leading intermodal infrastructure provider, and its subsidiaries from investment funds managed by an affiliate of Fortress Investment Group LLC on March 27, 2020.The completed transaction provides Stonepeak with an industry leader to strengthen its …

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