OMAHA, Neb., Jan. 25, 2022 /PRNewswire/ -- Loup Logistics Company (Loup), a wholly owned Union Pacific Railroad subsidiary, today announced the acquisition of the Precision Components Inc. (PCI Reload) transload facility in Phoenix, Arizona. The deal was finalized December 30, 2021, and offers transloading, storage and trucking solutions to customers shipping into and out of the Phoenix market.
PCI Reload is a premier transload facility located in the heart of Phoenix. The 100+-acre facility includes 125,000 square feet of covered storage and three miles of rail capacity, served by Union Pacific Railroad. The facility processes over 8,000 rail cars and 38,000 trucks annually.
"PCI Reload helped fuel Arizona's economic growth by offering transloading, inventory management and final-destination shipping for a variety of industries," said Hal Owens, president ? PCI Reload. "We believe Loup is well positioned to continue the PCI Reload tradition of exceeding customers' expectations."
"Loup is excited about the growth potential this acquisition provides to customers seeking access to the Phoenix market," said Josh Perkes, vice president ? Loup. "Loup is backed by a strong leadership team who will seek to maximize rail throughput at the facility. We are focused on maintaining the excellent reputation PCI has built over the past 60 years, providing creative rail solutions and cost-effective transload operations."
ABOUT LOUP LOGISTICS
Loup is a wholly owned subsidiary of Union Pacific. With over 40 years of experience, Loup services both manifest and premium customers, with a goal of connecting the supply chains of non-rail served customers. Loup owns and operates 25 facilities across the western half of the U.S. and maintains partnerships with over 800 third-party transloaders across North America, offering their customers access to an unparalleled transload network. More information about Loup is available at www.louplogistics.com.
ABOUT UNION PACIFIC
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
ABOUT PRECISION COMPONENTS INC.
PCI Reload has served as the premier Phoenix transloading facility for 32 years offering transloading, inventory management and final-destination shipping for a variety of industries. Transloaded commodities include forest products, gypsum products, structural steel, non-ferrous metals, food grade bulk, feed grade bulk and bulk plastic resins.
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SOURCE Union Pacific Railroad
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