New Iowa Pacific business venture to offer cost-efficient service in Colombia

07/18/2013 | RailwayAge.com

Iowa Pacific has partnered with Holdtrade UK for creation of a new firm, the Holdtrade Atlantico, to provide new and cost-efficient freight rail service in Colombia. "With the rapid growth of the Colombian economy and new government support for reopening now idle rail lines, we see significant potential for rail freight transportation as a means of reducing transport costs for export products such as coal and petroleum," said Iowa Pacific President Ed Ellis.

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