This news release and related materials contain statements about the Company's future that are not statements of historical fact, including specifically the statements regarding the Company's expectations with respect to economic conditions and demand levels its ability to generate financial returns, improve resource productivity enhancing the customer experience implementing corporate strategies and providing excellent service to its customers, returns to its shareholders and potential impacts of the COVID-19 pandemic. Transloaded commodities include forest products, gypsum products, structural steel, non-ferrous metals, food grade bulk, feed grade bulk and bulk plastic resins. 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. More information about Union Pacific is available at ABOUT PRECISION COMPONENTS INC. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. Operating in 23 western states, the company connects its customers and communities to the global economy. Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. More information about Loup is available at ABOUT UNION PACIFIC and maintains partnerships with over 800 third-party transloaders across North America, offering their customers access to an unparalleled transload network.
Loup owns and operates 25 facilities across the western half of the U.S. 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 is a wholly owned subsidiary of Union Pacific. 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." "Loup is backed by a strong leadership team who will seek to maximize rail throughput at the facility. "Loup is excited about the growth potential this acquisition provides to customers seeking access to the Phoenix market," said Josh Perkes, vice president – Loup. "We believe Loup is well positioned to continue the PCI Reload tradition of exceeding customers' expectations." "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. The facility processes over 8,000 rail cars and 38,000 trucks annually. The 100+-acre facility includes 125,000 square feet of covered storage and three miles of rail capacity, served by Union Pacific Railroad. PCI Reload is a premier transload facility located in the heart of Phoenix. The PCI Reload transload facility, Phoenix, Arizona.
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