Railroad subsidiary gets logistics contract
As railroads sharpen their intermodal service offerings to go after the long-haul trucking market, they are also trying to make their third-party logistics services more competitive. Tronicus Inc., a Canadian supply chain services company, is one of the latest examples.
A wholly owned subsidiary of Canadian Pacific Railway Co., Tronicus has been selected by Canadian steel tube maker Tenaris to deliver an outsourced logistics and inventory management solution for its Canadian inbound products through the Port of Houston.
Tronicus said it will provide Tenaris with a range of technology-based systems so Tenaris and its final clients in Canada do not have to make those investments themselves. Tronicus is also providing Tenaris with single-billing and invoicing for all activities across multi-modes, transfer facilities and customs clearance, along with in-transit inventory management.
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