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10/12/2022
Koppers Recovery Resources LLC has entered into a new five-year, $50 million agreement with a Class I customer to collect and manage end-of-life railroad crossties and other materials. Under the agreement, which continues through Dec. 31, 2027, KRR will collect and grade railroad crossties at the end of their useful life. Depending on their condition, some of the recovered ties will be sold as agricultural or building materials, with the remainder processed into biomass fuel used to produce power for certain industrial facilities. Including this agreement, Koppers now serves four of six Class Is.
TA Services Inc., a full-service logistics provider and subsidiary of PS Logistics, has completed the acquisition of San Diego, California-based KPI Logistics LLC, a multimodal third-party logistics provider specializing in truckload, less-than-truckload, flatbed and managed transportation services. Financial terms of the transaction were not disclosed.
Hyster Co. announced the testing of a top-pick container handler powered by hydrogen fuel cells at Fenix Marine Services in the Port of Los Angeles. Building on the Hyster® H1050-1150XD-CH top-pick container handler design, the truck is powered by two 45kw hydrogen fuel cells from Nuvera, a subsidiary of Hyster-Yale Group. A California Climate Investments grant helped support development of the HFC-powered container handler.