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OmniTRAX and Effingham County Industrial Development Authority Launch Public/Private Partnership to Develop Land Near Savannah

DENVER: OmniTRAX, Inc., one of the largest privately held transportation services companies in North America and an affiliate of The Broe Group, and the Effingham County Industrial Development Authority (ECIDA) are developing a 2,700-acre tract near Rincon, GA. The Savannah Gateway Industrial Hub, located 12 miles from the Port of Savannah and served by the CSX and Norfolk Southern railroads, is expected to attract manufacturers, processers, distributors and others.

“The Savannah market is growing rapidly, supported by the fourth busiest port in the nation. This is a perfect opportunity for OmniTRAX to supply the capabilities and experience gained at our other industrial development sites to create a world-class business park. We’re delighted to be working with John Henry and his team to bring growth to the region,” said Kevin Shuba, Chief Executive Officer of OmniTRAX.

Under the arrangement, which is going through due diligence by both parties, ECIDA is contributing the land to Savannah Gateway Industrial Hub and OmniTRAX will provide capital for infrastructure including a rail system to connect the tenants to the Class 1 operators, development expertise and marketing services. Benefits for companies locating at the new site include proximity to one of the country’s leading ports, the flexibility of dual rail service, an educated and productive work force and the flexibility to purchase or lease a parcel.

“This is a true partnership for Effingham County that will bring thousands of high quality jobs and economic growth to the community. OmniTRAX has a proven track record from several other locations around the country for creating the infrastructure required to attract great companies to our site,” said John Henry, CEO of ECIDA.

ECIDA had sought a development partner for the property, formerly known as the Research Forest, for several years. OmniTRAX was approached early last year to determine interest, the two entities quickly learned they shared a common development goal for the property and began discussions in mid-2015.

OmniTRAX has drafted a tentative master plan for the park that will allow for several phases of development and will ultimately provide in excess of 1,800 acres of industrial property including a single user mega site. The company has developed other large scale projects including the Great Western Industrial Park, a 3,000 acre, dual-rail served facility north of Denver, CO, and the GEOTRAC Industrial Hub, a 1,400 acre rail served facility at the Port of Brownsville, Texas.

OmniTRAX is one of America’s largest short line railroad holding companies offering bundled services including terminal and switching, door-to-door container/transloading, processing, fueling, storage and maintenance. The company also has successful industrial development and marketing experience, a rarity for rail operators, and currently services many Fortune 500 companies.

“OmniTRAX’s success in rail operations were a real attraction to us, the size and dual-rail nature of this site is what truly gives it potential to be a stand-alone premium site in the Southeast. We knew in order to capitalize on the site’s potential we had to find a partner that took the rail into consideration. Rail operators that also develop industrial property are few and far between. Given the success that they have had in Colorado and elsewhere we found a respect for the company,” Henry added.

About Effingham County Industrial Development Authority

The Effingham County Industrial Development Authority is a governmental Economic Development Organization created to promote trade and industry in Effingham County, Georgia. For more information please visit www.effinghamindustry.com.

About OmniTRAX, Inc.

As one of North America’s largest private railroad and transportation management companies, OmniTRAX’s core capabilities range from providing management services to railroad and port services and to intermodal and industrial switching operations. Through its affiliation with The Broe Group and its portfolio of managed companies, OmniTRAX also has the unique capability of offering specialized industrial development and real estate solutions, both on and off the rail network managed by OmniTRAX. More information is available at www.omnitrax.com.

 About The Broe Group

The Broe Group, based in Denver, Colorado, is a diversified privately-owned enterprise with a multi-billion dollar asset base.  The Broe Group and its affiliates employ more than 1,000 people directly and provide employment for countless others through its Great Western Industrial Park in Northern Colorado. The Broe Group and its affiliates own and/or manage commercial real estate and other businesses across North America. Its transportation affiliate, OmniTRAX, Inc., is a leading transportation services firm with railroad, port and terminal operations, and is the 2nd largest operator of short-line railroads in the U.S. Its energy affiliate, Great Western Oil & Gas Company, is a top 10 driller in Colorado and among the top 100 drillers in the U.S. The Broe Group has multiple other investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. For more information, see www.broe.com.

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Georgia & Florida Railway Deploys Interline Settlement System

DENVER – The Georgia & Florida Railway, LLC (GFRR), an affiliate of OmniTRAX, Inc., continues to make shipping by rail easy with the implementation of Railinc’s Interline Settlement System (ISS) in partnership with Norfolk Southern Railway, CSX Transportation and GE Transportation’s Digital Solutions business. ISS is the standard process in the rail industry to share revenue when two or more railroads handle a shipment. Additional OmniTRAX rail lines will convert to ISS in collaboration with the company’s Class 1 rail partners during the coming months.

“This is a significant accomplishment for our organization,” said David Rohal, Senior Vice President of Customer and Class 1 Relations at OmniTRAX. “The ISS process brings us to the same standard used by the major railroads providing the automation our customers and rail partners expect. This supports our ability to grow business and enhances our industrial development and real estate activities, key differentiators for OmniTRAX-managed companies.”

ISS is the accepted standard method by which the rail industry settles interline freight revenues via Electronic Data Interchange (EDI). Through EDI messaging, the system distributes revenue waybills, including rates and divisions, and provides a mechanism for concurrence prior to settlement.

“We see ISS as a cornerstone for building businesses that generate railroad traffic for us and our interchange partners, while improving service and making shipping by rail easy for our customers,” said Kevin Shuba, Chief Executive Officer of OmniTRAX.

About OmniTRAX, Inc.
As one of North America’s largest private railroad and transportation management companies, OmniTRAX’s core capabilities range from providing management services to railroad and port services and to intermodal and industrial switching operations. Through its affiliation with The Broe Group and its portfolio of managed companies, OmniTRAX also has the unique capability of offering specialized industrial development and real estate solutions, both on and off the rail network managed by OmniTRAX. More information is available at www.omnitrax.com.

About The Broe Group
The Broe Group, based in Denver, Colorado, is a diversified privately-owned enterprise with a multi-billion dollar asset base.  The Broe Group and its affiliates employ more than 1,000 people directly and provide employment for countless others through its Great Western Industrial Park in Northern Colorado. The Broe Group and its affiliates own and/or manage commercial real estate and other businesses across North America. Its transportation affiliate, OmniTRAX, Inc., is a leading transportation services firm with railroad, port and terminal operations, and is the 2nd largest operator of short-line railroads in the U.S. Its energy affiliate, Great Western Oil & Gas Company, is a top 10 driller in Colorado and among the top 100 drillers in the U.S. The Broe Group has multiple other investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. For more information, see www.broe.com.

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OmniTRAX Names Harris Board of Directors Chairman

DENVER – OmniTRAX, Inc., one of the largest privately held transporation service companies in North America and an affiliate of The Broe Group, has elected Edmond Harris Chairman of its Board of Directors. Harris, who joined the OmniTRAX board in May 2014, replaces Brad Skinner, who will stay on the board.

“Since becoming a member of the Board of Directors in May of 2014, Ed has drawn on his life-long experiences in the rail industry to help OmniTRAX improve its operating efficiency and processes. His network of industry relationships has also added greatly to the strength of our board,” said Kevin Shuba, CEO of OmniTRAX.

Skinner, who has guided the Board since 2012, worked to expand OmniTRAX’s scope and service offering. He also helped ownership select management team members, recruit Board members and make acquisitions that created new opportunities for the company.

“Brad has been a great leader during a phase of both rapid growth and economic uncertainty. The Board thanks him for his service and looks forward to working with him closely in the future,” said Pat Broe, CEO and Founder of The Broe Group, and a member of the OmniTRAX Board.

Harris added; “Brad helped bring a great leadership team to OmniTRAX and the company now has excellent prospects. I look forward to working with Brad and the other board members to help guide the company through its next phase of profitable growth.”

Harris Background
From 2010-2011, Harris was Executive Vice-President Operations & Chief Operating Officer of Canadian Pacific. He previously held several top management positions at Canadian National, including Executive Vice-President, Operations, and worked his way up from Yard Clerk to Vice President, Operations at Illinois Central Railway. He continues to work as an independent consultant for the rail industry, and is a member of the Board of Directors at Universal Rail Services, a track construction and maintenance company.  Harris earned his B.S. in Business Management from University of Illinois and served in the US Marine Corps.

Note to Editors: Photo of Edmond Harris is available.

About OmniTRAX, Inc.
As one of North America’s largest private railroad and transportation management companies, OmniTRAX’s core capabilities range from providing management services to railroad and port services and to intermodal and industrial switching operations. Through its affiliation with The Broe Group and its portfolio of managed companies, OmniTRAX also has the unique capability of offering specialized industrial development and real estate solutions, both on and off the rail network managed by OmniTRAX. More information is available at www.omnitrax.com.

 

About The Broe Group
The Broe Group, based in Denver, Colorado, is a diversified privately-owned enterprise with a multi-billion dollar asset base.  The Broe Group and its affiliates employ more than 1,000 people directly and provide employment for countless others through its Great Western Industrial Park in Northern Colorado. The Broe Group and its affiliates own and/or manage commercial real estate and other businesses across North America. Its transportation affiliate, OmniTRAX, Inc., is a leading transportation services firm with railroad, port and terminal operations, and is the 2nd largest operator of short-line railroads in the U.S. Its energy affiliate, Great Western Oil & Gas Company, is a top 10 driller in Colorado and among the top 100 drillers in the U.S. The Broe Group has multiple other investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. For more information, see www.broe.com.

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Ships’ sailing season starts soon at Churchill

We ve got ships predicted to start, said Merv Tweed, president of OmniTrax Canada, the railway company that operates the port. We ll be full…

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No relief for Fort Collins train delays until 2016

…that is expected to result in more switching being done at the Great Western Industrial Park in Windsor, Sarah Thompson Cassidy, public affairs…

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Genesee & Wyoming Reports Traffic for July 2015

…acquired by G&W in the last 12 months, including the Arkansas Midland Railroad, the Prescott & Northwestern Railroad and the Warren & Saline…

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Altamira, Tamps. Delegation to Visit Port of Brownsville on Economic Development Mission August 7

…Railway. Additionally, the group will receive a presentation on the OmniTRAX s plans for the development of the GEOTRAC Industrial Hub. The group…

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Rail News: Rail Industry Trends Registration now open for RailTrends® 2015 conference

…financial officer of Genesee & Wyoming Inc.; Kevin Shuba, CEO of OmniTRAX Inc.; John Kaiser, VP and general manager-intermodal at Union Pacific…

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DOT crackdown on businesses moves down U.S. 1 to Islamorada

…Cove Subdivision parcel. The road ran along the tracks of the former Florida East Coast Railway. Cleary’s attorneys and her surveyor, Eddie Martinez,

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GEOTRAC Industrial Hub to Host Open House for Rio Grande Valley Economic Development Leaders July 28, 2015

GEOTRAC Industrial Hub, which is being developed by an affiliate of OmniTRAX, Inc., one of the largest privately held rail and transportation…

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