FOOD BY RAIL LOGISTICS

Formed in May 2017, Food by Rail Logistics Holdings, Inc. is a logistics and transportation company for frozen and refrigerated protein, produce, packaged food, and beverages. The company will be operating as a third-party logistics provider (3PL) of refrigerated boxcars (reefers), operating on railroads nationwide. Food by Rail’s vision is that by using its services, producers, growers, and buyers will benefit from transporting large volumes (up to four truckloads per refrigerated boxcar) of perishable freight, faster, at costs that may be 10% or more below competitive highway transportation, with a lower carbon footprint, over greater distances.