WALTHAM, MA, April 11, 2011 – RailRunner, N.A., Inc., the developer of innovative rail products and services providing low-cost intermodal transportation solutions to underserved markets worldwide, today announced that it has appointed Anders Flensborg to its Advisory Board. In addition, Mr. Flensborg will provide both business development advice and services supporting the strategic development of RailRunner in Europe.
Anders Flensborg has more than 20 years’ experience in the international shipping industry, where he has worked in a variety of senior positions and proved himself as an entrepreneur. He joined the British P&O Group in 1995. Mr. Flensborg later co-founded ocean24 (today Rewe/Deutsches Reisebüro), the leading internet-based booking engine for the European ferry market. In 2002 he established the Agency for Maritime Transport Solutions aimed at the global project market (break-bulk). Mr. Flensborg, as the European Representative for a major US railroad, has become deeply involved in rail practices, policies, and markets in recent years. In 2003, Mr. Flensborg was co-founder of Flensborg Associates as well as co-founder and Managing Director of Flensborg International GmbH. Both companies, based in Munich, focus on business development and M&A mandates in the area of transport and logistics in Europe and North America.
RailRunner President and CEO Charles Foskett described Flensborg as “an energetic and knowledgeable professional, with broad experience in transportation”, adding that “we look forward to his contributions to both business development and strategy.”
RailRunner (www.railrunner.com) is an innovative rail products and services company bringing a new Road-Ready intermodal rail product to shippers worldwide. RailRunner’s worldwide patented container-carrying bi-modal system is designed to quickly; simply and efficiently shift chassis and container to and from highway to rail and back. With RailRunner’s low-investment Terminal Anywhere™ technology, no flatcars, pocket or well cars, huge cranes, high-value lift equipment or expensive terminal infrastructure are involved. Road-Ready trailers or chassis extend trucking or container services to markets and locations not previously reachable, improving shipping efficiency, lowering fuel cost, and reducing traffic congestion and air pollution, thus supporting environmental goals of transferring freight transport from road to more environmental-friendly rail. The company is privately held and based in Waltham, MA.
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