-
Ransomware Attack Hits Short Line Rail Operator OmniTRAX
Monday, January 11, 2021 - 9:03am | 681Colorado-based short line rail operator and logistics provider OmniTRAX was hit by a recent ransomware attack and data theft that targeted its corporate parent, Broe Group. OmniTRAX confirmed to FreightWaves that the cyberattack had occurred after the Conti ransomware gang posted stolen data from...
-
OmniTRAX Courts Potential Customers With Rail-Ready Sites
Friday, August 7, 2020 - 10:34am | 630Short line operator OmniTRAX has been developing a number of "rail-ready" industrial sites across the U.S. as part of a wider program to encourage potential customers to consider placing their facilities near rail-served properties. The latest location is in the Chicago area through a partnership...
-
Short-Line Railroads Prove To Be Appealing Investments
Tuesday, May 12, 2020 - 3:25pm | 1171Private equity funds and other investors are scouring 35,000 miles of North American short-line rail track for deals even as the industry sees one of the biggest volume drops since 2008. The hunt for acquisitions among the roughly 500 companies in the space comes as investors see first-mile...
-
OmniTRAX Names New President, Chief Operating Officer
Wednesday, January 15, 2020 - 8:55am | 310Short line operator OmniTRAX has named a new president and a chief operating officer. Sergio Sabatini has been promoted to president of the Denver-headquartered company after most recently serving as its chief operating officer. Meanwhile, Gord Anutooshkin is assuming Sabatini's former role and...