JACKSONVILLE, Fla., September 1, 2017 /PRNewswire/ — Patriot Rail Company LLC (Patriot), a leading operator of short line and regional freight railroads and rail related services, today announced the combination with Diversified Port Holdings LLC (DPH) to create an expanded portfolio of businesses.
DPH, through its principal subsidiaries Seaonus and Portus, operates an integrated maritime port logistics business within a rapidly growing region of the United States. The Seaonus/Portus companies operate eight breakbulk, bulk and heavy lift terminals and two container, Roll-on/Rolloff and Lift–on/Lift-off terminals located along the U.S. Gulf and Atlantic coasts with locations in Jacksonville, Cape Canaveral, and Fort Lauderdale, Florida; New Orleans, Louisiana; Mobile, Alabama; Savannah, Georgia; Charleston, South Carolina; and Sunny Point, North Carolina.
Patriot CEO John Fenton said “In our day-to-day service delivery we noted customers increasingly seeking bundled port and rail solutions. In the past DPH and Patriot have partnered in providing these solutions to our customers. The combining of the businesses will enable us to further enhance service delivery for our customers while increasing our cost competitiveness”. Seaonus and Portus provide stevedoring and terminal services including on and off-port storage facilities to drive increased utilization of the maritime terminal infrastructure. Logistics services, intermodal connectivity, and use of on and off-port storage facilities combine to maximize cargo throughput.
John Fenton noted: “The combination of DPH with the Patriot portfolio provides an exceptional opportunity for us to provide a coordinated and seamless suite of customized transportation and logistics solutions to rail and port customers. We are thrilled to add DPH to the Patriot team, and we look forward to the new and improved services options we will present to the marketplace.”
Patriot and DPH are headquartered in Jacksonville, Florida.
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