Trending...
- International Law Group Expands Emergency Immigration Consultations for Somali Minnesotans Amid ICE Actions
- UK Financial Ltd Makes History as MayaCat (SMCAT) Becomes the World's First Exchange-Traded ERC-3643 Security Token
- High-Impact Mental Health Platform Approaching a Defining Regulatory Moment: Eclipsing 70,000 Patients on Real World Use of Ketamine: N ASDAQ: NRXP
JOPLIN, Mo., Aug. 3, 2022 /PRNewswire/ -- Kinston Railroad (KNR), a wholly owned subsidiary of Jaguar Transport Holdings (Jaguar), began rail operations on Aug. 1. KNR acquired leasehold rights to approximately 6 miles of track owned by the N.C. Department of Transportation (NCDOT). The railroad will interchange with Norfolk Southern in Kinston, N.C., and terminates at North Carolina Global TransPark, a 2,500-acre multi-modal industrial and business park.
"We are excited for the opportunity to establish our second operation in North Carolina and grow our partnership with NCDOT," said Stu Towner, CEO of Jaguar. "Connected to a modern industrial park and located in close proximity to multiple deep-water ports, we think this railroad will allow us to provide excellent service to current and future customers and earn the right to grow alongside them and the local community."
Kinston is the ninth shortline railroad for Jaguar, who has partnered with OPTrust, one of Canada's largest pension plans. Other Jaguar railroads include Charlotte Western Railroad, Missouri Eastern Railroad, Cimarron Valley Railroad, Southwestern Railroad, Washington Eastern Railroad, Oregon Eastern Railroad, Texas Eastern Railroad, and West Memphis Base Railroad.
More on ncarol.com
About Jaguar Transport Holdings
Jaguar is a transportation and logistics company headquartered in Joplin, MO. Since 2018, Jaguar has focused on safety, team culture, service to customers, and innovation to help drive its growth. Jaguar operates nine short line railroads and multiple other rail served sites across the United States. Jaguar is partnered with OPSEU Pension Plan Trust Fund ("OPTrust"), which invests and manages one of Canada's largest pension funds and has significant experience investing in the surface transportation and logistics space. For more information, please visit www.jag-transport.com.
About OPTrust
With net assets of over $25 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 100,000 members. OPTrust is a global investor in a broad range of asset classes including Canadian and foreign equities, fixed income, real estate, infrastructure and private markets, and has a team of highly experienced investment professionals located in Toronto, London and Sydney.
SOURCE Jaguar Transport Holdings
"We are excited for the opportunity to establish our second operation in North Carolina and grow our partnership with NCDOT," said Stu Towner, CEO of Jaguar. "Connected to a modern industrial park and located in close proximity to multiple deep-water ports, we think this railroad will allow us to provide excellent service to current and future customers and earn the right to grow alongside them and the local community."
Kinston is the ninth shortline railroad for Jaguar, who has partnered with OPTrust, one of Canada's largest pension plans. Other Jaguar railroads include Charlotte Western Railroad, Missouri Eastern Railroad, Cimarron Valley Railroad, Southwestern Railroad, Washington Eastern Railroad, Oregon Eastern Railroad, Texas Eastern Railroad, and West Memphis Base Railroad.
More on ncarol.com
- Peernovation 365 is Now Available
- Snap-a-Box Brings Texas' First Robot-Cooked Chinese Takeout to Katy–Fulshear
- UK Financial Ltd Makes History as MayaCat (SMCAT) Becomes the World's First Exchange-Traded ERC-3643 Security Token
- Narcissist Apocalypse Marks 7 Years as a Leading Narcissistic Abuse Podcast
- High-Impact Mental Health Platform Approaching a Defining Regulatory Moment: Eclipsing 70,000 Patients on Real World Use of Ketamine: N ASDAQ: NRXP
About Jaguar Transport Holdings
Jaguar is a transportation and logistics company headquartered in Joplin, MO. Since 2018, Jaguar has focused on safety, team culture, service to customers, and innovation to help drive its growth. Jaguar operates nine short line railroads and multiple other rail served sites across the United States. Jaguar is partnered with OPSEU Pension Plan Trust Fund ("OPTrust"), which invests and manages one of Canada's largest pension funds and has significant experience investing in the surface transportation and logistics space. For more information, please visit www.jag-transport.com.
About OPTrust
With net assets of over $25 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 100,000 members. OPTrust is a global investor in a broad range of asset classes including Canadian and foreign equities, fixed income, real estate, infrastructure and private markets, and has a team of highly experienced investment professionals located in Toronto, London and Sydney.
SOURCE Jaguar Transport Holdings
Filed Under: Business
0 Comments
Latest on ncarol.com
- Rande Vick Introduces Radical Value, Challenging How Brands Measure Long-Term Value
- Lisa Mauretti Launches Peace of Mind Travel Coaching to Guide Fearful Travelers to Discover the World with Confidence
- New Year, New Home: Begin 2026 at Heritage at South Brunswick
- Food Journal Magazine Releases Its 'Best Food In Los Angeles Dining' Editorial Section
- Enders Capital: 25% Gains with Just -0.80% Maximum Monthly Drawdown in Volatile Debut Year 2025
- CES Spotlight Highlights Need for Strategic Review as Throughput Demands Evolve
- ASR Media, Social T Marketing & PR Announce Merger
- $780,000 Project for New Middle East Police Service with Deposit Received and Preliminary Design Work Underway for Lamperd: Stock Symbol: LLLI
- The 3rd Annual Newark Summit for Real Estate, Economic Development & Placemaking Returns February 9th
- Wespor Business Launches Shared Direct Mail Program at $0.06 per Household
- Ski Safety Awareness Month highlights why seeing clearly and wearing modern protection matters more than ever
- Vent Pros Expands Operations into Arizona to Meet Growing Demand for Commercial Ventilation and Kitchen Hood Cleaning Services
- Kindred Spirits: A Devotional for Those Loving Someone Through Addiction
- Klein Civil Rights Expands with New Offices in New York's Historic Woolworth Building
- Biz Hub Financial Hosts 9th Annual Client Appreciation Event, Awards $1,000 CARES Community Grant
- Green Office Partner Appoints Aaron Smith as Chief Revenue and Growth Officer
- A Family Completes a Full Circumnavigation of the Globe in a Self-Contained Camper Van
- Former Google Search Team Member Launches AI-Powered SEO Consultancy in Las Vegas
- Q3 2025 Arizona Technology Industry Impact Report Highlights Shifting Job Demand, Semiconductor Momentum and Workforce Investment
- $6.4 Million Purchase of Construction Vehicles Plus New Dealership Agreement with Cycle & Carriage for Heavy Equipment Provider to Singapore Region