Colonial Pipeline, Reinauer Transportation to provide joint service into Northeast markets.ATLANTA--(BUSINESS WIRE)--Oct. 25, 1996--Colonial Pipeline Co. of Atlanta and Reinauer Transportation of Staten Island Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. , N.Y., today announced that they will work jointly to provide a bundled transportation service for the delivery of refined petroleum products from the Gulf Coast to New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. , upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. and the New York harbor New York Harbor, a geographic term, refers collectively to the rivers, bays, and tidal estuaries near the mouth of the Hudson River in the vicinity of New York City. This is sometimes construed in the sense "the Ports of New York and New Jersey". . Colonial, with origins in the U.S. Gulf Coast, is the nation's largest-volume transporter of refined petroleum products. Reinauer is one of the northeast's most prominent marine transporters of refined products. Colonial daily delivers an average of more than 16.5 million gallons of gasoline, diesel fuel, home heating oil and aviation jet kerosene kerosene or kerosine, colorless, thin mineral oil whose density is between 0.75 and 0.85 grams per cubic centimeter. A mixture of hydrocarbons, it is commonly obtained in the fractional distillation of petroleum as the portion boiling off to the New York harbor. Reinauer barges significant volumes of the same fuels to seaports in New England, upstate New York and the New York harbor. Spokesmen said the two companies have agreed in principle and are in the process of completing a strategic alliance to combine their transportation capabilities. The new service will link Colonial's terminus at Linden, N.J., through New York harbor tankage tankage made from heat-digested animal abattoir residues without gut contents, hide, horn, hoof. Concentrated and dried and possessing a high biological value protein content of 60%. See also meat meal. facilities, to Reinauer, which provides barge service to northeast market petroleum terminals served by waterborne transportation. The service will allow customers an efficient solution for delivery of products destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. for northeast ports such as Boston, Mass., Albany, N.Y., New Haven New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many , Conn., Providence, R.I., Portland, Me., and marketing terminals in the New York harbor area. According to Colonial President and Chief Executive Officer Donald R. Brinkley, the bundled service will be a "one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. " for customers to nominate products straight through from Colonial origins in Texas, Louisiana, Mississippi and Alabama to port destinations served by Reinauer. "We're pleased to be a part of this new bundled service with Colonial," said Craig Reinauer, president of Reinauer Transportation. "This is a groundbreaking approach to providing increased value-added services to our customers." Discussions are ongoing between Colonial and Reinauer. The two companies are currently establishing the framework for the joint service as well as the details of the combined structure to carry out this rather unique alliance between a pipeline and a barge company. The ultimate goal, according to both companies, is to provide seamless transportation for its customers. The two companies expect to be able to offer the bundled service by the spring of 1997. Representatives of the two companies will be meeting extensively with their customers over the next several months to better define and explain the scope of services to be offered and to assure that all customer needs are met. CONTACT: Colonial Pipeline Co. Noel Griese, 404/841-2211 or Doug Belden, 404/841-2277 |
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