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Continental Rail Corporation Announces Strategic Alliance With Taylor-DeJongh
Continental Rail Corporation Announces Strategic Alliance With Taylor-DeJongh.
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[{"type":"text","content":"\n \n \n Continental Rail Corporation Announces Strategic Alliance With Taylor-DeJongh\n \n \nContinental Rail Corporation Announces Strategic Alliance With Taylor-DeJongh\n \n FORT LAUDERDALE, FL--(Marketwired - Jan 14, 2015) - Continental Rail Corporation \"CRC\" (OTCQB: CRCX) today announced the establishment of a strategic relationship with energy and infrastructure banking firm Taylor-DeJongh that will target transportation infrastructure assets in North America. \n CRC is a freight railroad holding company specializing in the ownership and operation of short line and regional railroads. Short line and regional railroads are line haul railroads that generate approximately $4B USD in annual revenue. Short line and regional railroads have historically played a vital role to rail customers located in smaller communities which are not serviced by the larger Class I railroads. These railroads operate across an infrastructure of approximately 43,000 miles of rail line in the United States and comprise approximately 1/3 of the National Rail Network. \n \"This strategic relationship with Taylor-DeJongh, that we have been actively developing over the last 14 months, has now brought us to the next important step in the execution of our strategy to expand CRC's portfolio of short line railroads and railroad rolling stock. Our relationship with TDJ positions CRC well within the rail industry, and will enable our team to execute on our business plan to reach new markets throughout North America,\" said John Marino, CEO of Continental Rail Corp. \"Taylor-DeJongh's experience in the energy and infrastructure space significantly expands our combined market opportunities. I look forward to successfully executing on our strategic plan and increasing value for our customers and shareholders.\" \n \"This milestone alliance is the culmination of months of intensive efforts,\" stated Ibrahim Mardam-Bey, President of Taylor-DeJongh. \"Robust infrastructure is the foundation of healthy growth within the rail industry, and to that end we have spared no effort over the last twelve months to build the systems, management teams, and strategic relationships required for expansion in this space. We are confident that CRC is prepared to close several transactions in 2015.\" \n About Continental Rail Corp: \n Continental Rail Corp. (\"CRC\") is a freight ...