AllTranstek applications and service offerings, such as Holos™, FleetWatch®, StencilWatch®, and ShopWatch® are full-featured asset management platforms enabling rail fleet maintenance, regulatory compliance, and accounting services. Add to that AllTranstek’s engineering, technical, and training “prowess” and the company provides critical services that “assure rail fleet operators their equipment meets all safety and compliance guidelines,” the company noted.
Bourque’s logistics and freight systems are utilized by more than 150 North American rail shippers and its YardMaster® system is deployed at more than 350 North American rail facilities to optimize railcar inventory, switching, inspection, and loading/unloading operations.
The new company “aims to set a higher standard for asset management and logistics for industrial rail participants, offering improved oversight, streamlined processes, and enhanced safety and compliance outcomes for their rail operations,” according to a press release.
“The methodical transition to one company will preserve and enhance services provided by experienced professionals who provide clients with expert logistics and asset management services.” Meanwhile, the company will deploy long-requested features that combine logistics with asset management practice:
- Dispo Services – Enhanced railcar selection, billing, monitoring, and return for efficient shopping, qualification, and maintenance activities.
- Automated Inspection – Streamlined compliance programs via mandatory complete and accurate inspection results using YardMaster® Mobile™ tablet technology.
- Payment Systems – enhanced invoice payment administration with vendor remittance, on-time payment, and ERP system integration and allocation.
“We are really thrilled about this merger with Bourque Logistics, a move that will significantly strengthen our capabilities and expand our service offerings to our combined clients,” said AllTranstek President Jeff Wilson. “This partnership brings together two innovative leaders in our industry, and we are very excited about the boundless possibilities ahead. By combining AllTranstek’s expertise in railcar maintenance management and regulatory compliance with Bourque’s technologies along with our shared commitment to excellence, we will be positioned to provide even greater value to our clients.”
“I am genuinely excited for the future of AllTranstek and Bourque logistics. The merger brings together two of the largest providers of asset, logistics, technical and regulatory compliance companies in the rail marketplace. It will be able to offer customers solutions that are truly integrated and comprehensive in nature. The future is assured and limitless. I look forward to being part of that future.” said Joe Schieszler, CEO Rescar Companies.
“Safety is number one. This merger is a powerful step to deliver a full-service solution that meets the safety and compliance requirements of North American rail fleets,” said Steve Bourque, President of Bourque Logistics. “Integration of Bourque’s logistics systems with AllTranstek’s asset management capabilities provides an unparalleled range of services tailored to the needs of railcar owners.”
