RailRunners Adds International Intermodal Expert to Advisory Board

International Intermodal Expert Joins RailRunner Advisory Board

WALTHAM, MA, March 28, 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 Dr. Christoph Seidelmann to its Advisory Board. Dr. Seidelmann will provide intermodal marketing and business development advice as well as other services supporting the strategic development of RailRunner in Europe.

Christoph Seidelmann, a Frankfurt-based consultant, was, from 1980 until his retirement in 2009, the Managing Director of the Studiengesellschaft für den kombinierten Verkehr e.V. (SGKV) (Study Centre for Intermodal Transport, Frankfurt, Germany) with responsibility for a wide range of national and international studies. These studies have mainly been in the field of intermodal transport and logistics, such as the feasibility study for various new technologies of intermodal transport, logistic information systems, fleet management, automatic identification, tracking and tracing, electronic data interchange, container design, standardization and operation, container security systems, and others. Dr. Seidelmann also consults to the European Commission and German Government on questions related to intermodal transport, terminal investment, and public/private partnership in intermodal infrastructure investment.

Prior to his retirement from SGKV, Dr. Seidelmann, also served as Co-Gerant, Société d’Etudes et de Recherche en Transport S.A.R.L., in Paris; Vice President, Bureau International des Containers et du Transport intermodal, Paris; Chairman ISO International Standardisation Organisation Technical Committee 104 Freight Containers, Sub-Committee 4 “Marking, identification, communication”; Chairman, Task Force on ISO-Containers in DIN / FAKRA and Chairman, CEN European Standardization Committee Technical Committee 119 Swap Bodies for Intermodal Transport.

RailRunner President and CEO Charles Foskett noted that “Dr. Seidelmann is known worldwide for his profound technical and market knowledge of the transportation industry, especially in the intermodal segment”, adding that “his skills in quantitative economic analysis will be especially helpful as RailRunner continues to further develop its European business.”

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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RailRunner Renews European Certification Effort Under Revised Standard

RailRunner Provides Update on European Certification and Homologation Efforts

Modified TSI allows bi-modal technology to be standardized throughout Europe

WALTHAM, MA, March 7, 2011 – RailRunner, N.A., Inc., the developer of innovative rail products and services providing low-cost bi-modal transportation solutions to intermodal markets worldwide, today announced a renewal of its European product certification efforts as a result of the European Railway Agency (ERA) recent modifications to its Technical Standards of Interoperability (TSI). The TSI now includes expanded technical requirements, which allow bimodal technology to be standardized and homologated throughout Europe. RailRunner believes it is well positioned to pursue to anticipated certification of its equipment according to European market and standards requirements.

“The emergence of a clarified TSI standard for bi-modal allows us a clear path to bring a safe and compliant system to market,” said Charles Foskett, President and CEO of RailRunner. “This will directly benefit operators and shippers throughout the European Union.”

About ERA

The ERA, headquartered in Valenciennes, France, was established to provide the EU Member States and the European Commission with technical assistance in the fields of railway safety and interoperability. This involves the development and implementation of TSI and a common approach to questions concerning railway safety. The ERA’s main task is to manage the preparation of these measures. The operational units are active in the area of: Railway safety, interoperability, European rail traffic management system (ERTMS), economic evaluation and cross acceptance.

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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TUV Rheinland Says RailRunner’s Prospects in Europe Are Good

TÜV Rheinland Analysis Confirms Major Advances in Bi-modal Technology by RailRunner®

Study will contribute to approval process for use of RailRunner in the European Union

WALTHAM, MA, September 14, 2010 – TÜV Rheinland Group has issued a report identifying the innovative bi-modal technology of RailRunner NA as promising for approval for use in the European marketplace. The study focuses on the “lower lifecycle costs end environmental benefits, which result from the technical innovations of the RailRunner system itself.” It describes the cost-saving potentials of the RailRunner technology as “outstanding” and concludes that the prospect is good that the technology will win approval by the European Rail Agency under its Technical Specification of Interoperability.

TÜV is a globally recognized company that documents the safety and quality of new and existing products, systems and services. The intent of the review was to examine the economic and environmental benefits of the RailRunner technology and its viability as a direct solution to improve and expand intermodal transport within the European Union. The report was commissioned by RailRunner at the request of several European approval authorities who sought an authoritative and independent review of the company’s technology. While the report specifically addresses the European market, the report findings may also be applied to the North American market, as well.

This report serves as a supplement to the recent Analysis and Comparison of Intermodal Transport Chains in European Markets by Studiengesellschaft für den Kombinierten Verkehr (SGKV). The TÜV report concludes that, as a result of RailRunner’s significant advancements, the technology can meet the latest Technical Specification of Interoperability (TSI) standards as issued by the European Rail Agency (ERA).

“As a result of the innovative elements developed and being part of the RailRunner technology this bi-modal system promises to be successfully implemented in Europe,” the report says.

It reviews the political and economic reasons for the failure of previous bi-modal systems in the European market. But the report explores the recent political and economic changes, such as

  • The privatization of previously state-owned railways
  • The accompanying increased competition among carriers (across national borders)
  • Higher highway transport costs and
  • Increased concern about environmental issues, including noise reduction

The report cites the RailRunner bogie as “the most important and valuable innovation” of the RailRunner technology. The articulated design reduces friction, thus reducing wear and tear on wheels and track, as well as noise, while improving energy efficiency. It also reduces maintenance costs on both the bogies and the track.

TÜV’s report also cited a number of advantages of the RailRunner chassis, which can operate on road and rail and include air springs.

The report concludes that:

  • Reduced friction and better aerodynamics could reduce fuel consumption by 15%
  • Maintenance and spare parts costs could be reduced by as much as 30%
  • More operating time should increase fleet profitability and
  • Future track fees, which depend on the amount of wear and noise “will make RailRunner even more competitive”

TÜV Rheinland (http://www.tuv.com), with 490 locations in 61 countries is one of the world’s leading groups of companies providing technical and homologation services. At the heart of the company, founded in 1872, is the sustainable development of safety and quality in interaction between man, technology and the environment. Key to the company and its staff is the philosophy that social and industrial development cannot be achieved without technical progress. In this respect, the safe and responsible use of technical innovations, products and facilities is crucial. As an independent third party, TÜV Rheinland tests, monitors and certifies products, installations, processes, management systems and services based on statutory requirements, relevant performance indicators and standards.

The company itself is actively involved in developing those standards. In certain fields, the Group also performs tasks on behalf of the public sector, for example in the technical inspection of automobiles and industrial plants, and holding of driving tests.

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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SGKV study says RailRunner ready for Europe

Study by SGKV Determines RailRunner® Bimodal Technology is Economical, Competitive and “Ready for the European Market”

WALTHAM, MA, August 31, 2010 – RailRunner has been designated as an effective technology for bi-modal transport by Studiengesellschaft für den Kombinierten Verkehr (SGKV) one of the foremost organizations studying intermodal transportation in Europe. The SGKV study is a comparative analysis of existing intermodal transport technologies with regard to their operational efficiencies, capital costs and environmental implications, as well as several other parameters.

The report compares the use of RailRunner technology with competing intermodal technologies in transporting 45-foot European containers, 40-foot ISO containers, 20-foot tank containers, swap bodies, semi-trailers and roll-on roll off systems. Using a hypothetical Hamburg-to-Budapest itinerary, The report says RailRunner identifies RailRunner NA, Inc., as having the best intermodal (road/rail) technology available based on multiple critical factors, including the following:

  • Payload to tare ratio,
  • Environmental impact, energy consumption and CO2 emissions
  • Labor cost and operational costs per transported unit,
  • Number of units per train,
  • Ease of integration into existing intermodal systems,
  • Terminal investment costs,
  • Equipment costs, and
  • Maintenance costs.

For example, the SGKV report estimates the effective ratio of payload to tare weight at 2:1 for RailRunner with a 45-foot container, while the rate for a standard T5 railcar is 1.1:1. The rate of CO2 emissions are 30% to 43% lower with the RailRunner technology according to SGKV. And the cost of installing a RailRunner terminal are 20% to 25% that of a traditional intermodal terminal, while the operating costs are 16% lower than trucking and 27% lower than a T5 train.

“Another remarkable advantage of the RailRunner system is that it easily can be integrated into existing intermodal transport systems,” the SGVK report says. “RailRunner can be fully comprised in existing terminals, thus enlarging the overall terminal capacity. The costs are relatively small.”

SGKV (http://www.sgkv.de), founded in 1928 and located in Berlin, Germany, is a well-known, non-profit research association that provides research and analytical evaluations as well as consulting services to companies and governmental units mainly involved in intermodal transportation in Europe. It receives financial support from the German government, as well as from member companies belonging to the organization and associated to intermodal transportation. This study was commissioned by RailRunner, because of increasing interest by logistic and intermodal companies in its new technology, and based upon the request of several German and European approval authorities who required independent reviews of RailRunner technology by respected European institutions.

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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Dean Wise Resigns from RailRunner Board

RailRunner Announces Resignation of Dean Wise from Board of Directors

WALTHAM, MA, March 4, 2010 – 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 Dean Wise has resigned as a member of the company’s Board of Directors, effective January 31, 2010. Mr. Wise has been on the RailRunner Board since 2000.

Mr. Wise has resigned from the RailRunner board to pursue a significant opportunity at BNSF, which announced that Mr. Wise has been named vice president, Network Strategy and will be responsible for BNSF Railway Company’s Haulage Management, Interline Management, Network Strategy Development, Public Private Partnerships and Short Line Business. Mr. Wise will report directly to Matt Rose, BNSF chairman, president and chief executive officer.

RailRunner CEO and Chairman Charles Foskett described Mr. Wise as a good friend and valued colleague. “Dean has been a key part of RailRunner these past ten years, offering thoughtful advice and vital counsel on every major business issue and opportunity RailRunner has faced,” Foskett said. “Though he leaves as a member of our Board, Dean will always have a special place at RailRunner. We wish him all the best in his new opportunity at BNSF.”

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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RailRunner Raises $13.4 Million

RailRunner Announces Closing of $13.4 Million Financing

Additional investment will enable company to capitalize on strengthening relationships with key transportation providers and shippers and address rapidly expanding market opportunities

WALTHAM, MA, February 26, 2010 – RailRunner, N.A., Inc., the developer of innovative rail products and services providing low-cost intermodal transportation solutions to underserved markets worldwide, today announced it has received an investment of $13.4 million through a private placement. U.S. Boston Capital Corporation acted as the placement agent.

“Our strengthening relationships with rail partners, ocean carriers and shippers seeking innovative solutions that shift as much freight transport as possible from highways to rail has created significant interest worldwide in the RailRunner system,” said Charles Foskett, RailRunner CEO. “This additional capital will enable RailRunner to capitalize on this significant market opportunity and meet the significant demand for our products and services.”

RailRunner’s unique Terminal Anywhere™ system enables shippers to combine the economics of rail with the flexibility of trucking, while linking directly into the international containerized shipping network. In October, RailRunner signed an agreement with Kolkata-based Stone India to manufacture, operate, distribute, and sell RailRunner products in India. In November, RailRunner introduced a chassis for temperature-controlled containers for shippers of produce, frozen or refrigerated foods, pharmaceuticals, or other products requiring temperature controlled transportation.

By allowing containers to be predominantly carried by more energy efficient rail, RailRunner’s technology can significantly mitigate the impact of high fuel process and their volatility in the transportation formula, while at the same time, providing more direct, cost-effective access to the containerized transport network, opening new markets for shippers and rail carriers.

RailRunner intermodal trains are assembled directly from the container-carrying RailRunner highway chassis, using compact specialized rail vehicles called “bogies.” The chassis and container are coupled to the bogie. The highway wheels are raised pneumatically, allowing the highway wheels to clear the track, thus transforming the road vehicle to a rail vehicle in a matter of minutes. Train assembly requires no lifting of the shipping container, and is fast, simple and cost-efficient, comparing favorably with container unit loading times of traditional intermodal.

This advanced RailRunner system requires far less capital equipment and cost for building and operating terminals, therefore RailRunner train assembly points can be located in many places where container volumes do not support the investment in a traditional intermodal site. Bringing the Terminal Anywhere closer to the shipper reduces the distance cargo has to travel by truck, while retaining the flexibility of trucking in the transportation network.

RailRunner’s Road-Ready intermodal means low-cost shipping for businesses and communities, with lower carbon emissions for every ton of cargo moved.

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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RailRunner Announces ReeferPro 100 40′ Chassis for Uninterrupted Cold Chain Service

WALTHAM, MA, November 16, 2009 – RailRunner™, N.A., Inc., developer and marketer of advanced container-based intermodal transport systems, today announced availability of its Model ReeferProTM 100 chassis for temperature-controlled ISO containers.

ReeferPro 100 was developed specifically for shippers of produce, frozen or refrigerated foods, pharmaceuticals and other products requiring temperature controlled transportation. Shippers may now take full advantage of the many benefits of shipping via rail due to this convenient, safe, uninterrupted cold chain technology. Ports, inland terminals and shippers no longer need to supply their own power plugs, hazardous fueling capacities and/or gensets for supplying electric power to containers while parked, during road movements or on rail, simplifying both the supply chain and backhaul opportunities. RailRunner’s bi-modal ReeferPro 100 chassis provides an air-cushion suspension on rail, especially suitable for sensitive and fragile cargo, up to six-day uninterrupted power supply, and continuous monitoring of fuel supply and GPS location. For modem-equipped containers, ReeferPro can also monitor cargo temperature, humidity and air circulation. ReeferPro 100 enables a shipper to load a refrigerated container at a farm or food processor and, without requiring any cranes or other expensive lifting equipment, to seamlessly ship by rail and/or road, providing “doorto-door”, same-box, temperature-controlled service. For domestic applications, ReeferPro 100 obviates the need for internal container gensets, which increases cube and lowers tare weight and cost.

ReeferPro 100 is a rail-qualified chassis compatible with RailRunner’s established line of air-ride, bimodal products. It includes a side-mounted genset and fuel tank that can supply up to six days of uninterrupted power to an ISO temperature-controlled 40 ft. refrigerated container. The genset and fuel tank are mounted to provide for vertical and horizontal road and rail clearance, using high-security, tamper-proof enclosures. ReeferPro 100 carries a payload of 45,620 lbs. or 20,200 kg.

“ReeferPro 100 fills an important and unique market need”, said Wolfgang Graaff, RailRunner Chief Operating Officer, who holds numerous patents on containers and refrigerated container products. “Its high security, air-cushioned ride characteristics can serve both domestic and international customers, protecting against product damage and theft. Up to six days of uninterrupted, monitored cold chain offers new opportunities in shipping refrigerated cargos to reach both local and long-distance markets.”

ReeferPro 100 is available for delivery during the first quarter of 2010 for orders placed during the IANA 2009 conference.

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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RailRunner Names Bo Leslie Chief Marketing Officer

WALTHAM, MA, May 4, 2009 – RailRunner, N.A., Inc., a developer of innovative container intermodal transport systems, today announced that Bo Leslie has joined the company as chief marketing officer and Vice President of Worldwide Marketing and Sales. Mr. Leslie has more than 30 years’ experience in transportation sales and marketing, most recently as Executive Vice President of Quality Distribution, Inc., the largest truck transporter of bulk commodities in North America by truck and rail. The company has annual revenues of $800 million.

“We’re very pleased that we could bring Bo onto our team,” said RailRunner CEO Charles Foskett. “There are enormous opportunities for RailRunner today, in North America and elsewhere around the world. Bo will help us make sure we take full advantage of those opportunities. He has a deep understanding of the needs of intermodal shippers and the way our technology can meet those needs.”

Mr. Leslie served as Executive Vice President, Sales & Marketing for Tampa-based Quality Distribution (QDI) for the last nine years, during which time the company went public. “The intermodal sector is the fastest-growing part of the transportation industry and RailRunner brings exciting new technology to this field that promises to help accelerate that growth,” said Mr. Leslie. “This is an exciting time to be with a technology leader in transportation. Businesses are looking for ways to reduce costs, while improving reliability all in an environmentally friendly way – just what RailRunner offers.”

Before his position at QDI, Mr. Leslie spent nine years as Vice President of Sales and Marketing at Triple Crown Services, which offers intermodal transport for shippers in the United States and Canada. Previous to Triple Crown, Mr. Leslie worked for Roadway Express, the nationwide shipping service, in a series of positions, the last as district sales manager for the Kansas City region.

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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RailRunner Names Daniel Renzella Chief Financial Officer

WALTHAM, MA, Sept. 23, 2008 – RailRunner, N.A., Inc., a developer of innovative container intermodal transport systems, today announced that Daniel P. Renzella has joined the company as chief financial officer. Mr. Renzella has 25 years’ experience in directing the financial operations of small, high-growth companies, most recently as CFO of Azure Dynamics Corp., a developer and manufacturer of electric and hybrid electric vehicles and components for the commercial transportation market.

“Dan brings a wealth of very relevant experience to our executive team,” said RailRunner CEO Charles Foskett. “He is very familiar with the challenges of the transportation industry and he knows how to steer a growing company to financial success.”

Mr. Renzella served as CFO for Woburn, MA -based Solectria from 2002 until its merger with Azure in 2005. He then served as CFO for Azure from shortly after the merger until the company relocated its headquarters to the Detroit area earlier this year. Solectria was a privately held design and manufacturing firm specializing in electric and hybrid vehicles and subsystems. Azure is a publicly traded company with a market capitalization of about $200 million focusing on commercial delivery and courier fleets.

“Although it is in a different part of the transportation industry, RailRunner offers the same sort of dynamic opportunity that I found at Solectria and Azure,” said Mr. Renzella. “It is a technology-driven company helping to reduce transportation costs, while reducing fuel use and pollution for shippers around the world.”

Previous to his position at Solectria, Mr. Renzella spent nearly 20 years in financial management for aerospace and technology companies. He received his bachelor’s degree from Brandeis University and his MBA from Bentley College.

About RailRunner

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.

For further RailRunner press information contact:

Mark Metzger
Metzger Communications
+1-781-254-4186
mmetzger@metzgerco.com

Download a PDF of this Press Release.

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