NOL renews contract with Union Pacific
NOL Group has renewed its contract with Union Pacific for US rail transport of containerized cargo. The new agreement extends a long-standing relationship in which Union Pacific has been the lead intermodal rail provider for Singapore-based NOL's businesses.
NOL characterized the contract as a long-term agreement at competitive market rates. It encompasses the intermodal operations of APL, NOL's liner shipping business, as well as those of its APL Logistics' auto-related activities in North America.
Union Pacific transports containerized cargo for NOL Group's APL shipping line from the ports of Los Angeles, Seattle and Oakland, California. The cargo is then transported to APL's inland hubs in Chicago, Memphis and Columbus, Ohio."Intermodal rail transport is one of our core strengths, and we're pleased to continue providing this service through Union Pacific" said Steve Schollaert, Senior Executive Vice President of the Trans-Pacific Trade and NOL's chief representative in the contract discussions. "With this agreement, we look forward to years of successful collaboration in support of global trade," said Jeff Grahovec, the company's Vice President of Land Operations.