Union Pacific Railroad Selects TexAmericas Center in Texarkana as New Focus Site
TexAmericas Center announced that it was selected as a new Union Pacific Focus Site, a strategic designation aimed at increasing customers’ speed to market in the Texarkana region.
TEXARKANA, USA (June 6, 2024) – TexAmericas Center (TAC), which owns and operates the 3rd ranked industrial park and is one of the largest mixed-use industrial parks in the United States, today announced that it was selected as a new Union Pacific Focus Site, a strategic designation aimed at increasing customers’ speed to market in the Texarkana region. This prestigious recognition underscores the pivotal role of TexAmericas Center in driving economic growth and industrial development.
Union Pacific offers more than 30 focus sites across its network. They are designed to streamline operations, enhance efficiency, and improve service quality for particular regions or commodities. Focus sites serve as hubs where Union Pacific can concentrate resources, manage logistics more effectively, and provide targeted services to meet specific customers’ needs.
The designation as a Union Pacific Focus Site will bring significant advantages to businesses operating within TexAmericas Center and the broader Texarkana area. With its location, state-of-the-art facilities, and commitment to excellence, TexAmericas Center is well-positioned to serve as a central hub for rail-dependent manufacturing businesses, freight handling and logistics services.
"The Union Pacific Focus Site network decreases uncertainty when connecting to rail and increases your speed to occupancy so that the company can focus on speed-to-market and speed-to-profit. This designation comes with key benefits including rail design approved by Union Pacific, a large-scale development area, accessible industrial scale utilities, truck routes to the site, robust local development support, and a single point-of-contact that is also the authority having jurisdiction and the controlling land owner,” said Eric Voyles, Chief Economic Development Officer and Vice President at TexAmericas Center.
TexAmericas Center's new status as a Union Pacific Focus Site is expected to enhance logistics capabilities, reduce transit times, and improve overall service reliability.
“Union Pacific is excited about our partnership with TexAmericas Center and the opportunity to serve one of the largest rural industrial centers in the nation,” said Kenny Rocker, Executive Vice President – Marketing and Sales for Union Pacific. “This facility is good for our customers and the greater Texarkana region, providing us opportunities to grow together.”
Over the past several years, TexAmericas Center has been deliberate about enhancing its rail capabilities for the region. In 2021, the U.S. Department of Commerce’s Economic Development Administration awarded $864,550 grant to TexAmericas Center to refurbish and construct new rail facilities in the industrial park. In the same year, TAC Rail became the organization’s rail arm after it acquired Lone Star Rail Car Storage Company. Earlier this year, TexAmericas Center received a portion of a $15.4 million grant from the State of Texas. The $1.5 million award will be used to upgrade the locomotives used at TexAmericas Center, improving safety and efficiency for its rail operations.
About TexAmericas Center
Located on the Texas side of the Texarkana metropolitan area, TexAmericas Center owns and
operates one of the largest mixed-use industrial parks in the United States. With roughly 12,000 development-ready acres of land and approximately 3.5 million square feet of commercial and industrial product, TexAmericas Center services four states (Arkansas, Louisiana, Oklahoma, and Texas).
For four consecutive years, Business Facilities magazine has ranked TexAmericas Center among the top 10 industrial parks in the country, most recently ranked No. 3 in 2023. (#5 for 2022). Tenants appreciate an impressive transportation corridor that uses multiple state highways, interstates, air freight, and rail lines to disperse from a central U.S. location.
In fact, seven rail lines converge on the Texarkana region. TexAmericas Center is host to an on-site rail yard and has over 30 miles of rail running through its properties. TAC Rail services include transload as well as rail car storage and movement.
TexAmericas Center also offers third-party logistics (3PL) services to assist companies with inventory management, warehousing, and fulfillment needs.
The organization recently completed construction on a 150,000-square-foot, state-of the-art speculative building and has the capability to lease, build-to-suit, or facilitate greenfield owner-constructed projects in a timely efficient manner.
It is a designated US Opportunity Zone, New Market Tax Credit Census Tract, Foreign Trade Zone #258, and a Texas Enterprise Zone. TexAmericas Center has the operating capabilities of a municipality but functions like a traditional real estate development company, offering customized real estate solutions. For more information about TexAmericas Center, visit TexAmericasCenter.com.
About Union Pacific:
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
The New Hampshire-based cargo terminal orchestration technology vendor Lynxis LLC today said it has acquired Tedivo LLC, a provider of software to visualize and streamline vessel operations at marine terminals.
According to Lynxis, the deal strengthens its digitalization offerings for the global maritime industry, empowering shipping lines and terminal operators to drastically reduce vessel departure delays, mis-stowed containers and unsafe stowage conditions aboard cargo ships.
Terms of the deal were not disclosed.
More specifically, the move will enable key stakeholders to simplify stowage planning, improve data visualization, and optimize vessel operations to reduce costly delays, Lynxis CEO Larry Cuddy Jr. said in a release.
German third party logistics provider (3PL) Arvato has agreed to acquire ATC Computer Transport & Logistics, an Irish company that provides specialized transport, logistics, and technical services for hyperscale data center operators, high-tech freight forwarders, and original equipment manufacturers, the company said today.
The acquisition aims to unlock new opportunities in the rapidly expanding data center services market by combining the complementary strengths of both companies.
According to Arvato, the merger will create a comprehensive portfolio of solutions for the entire data center lifecycle. ATC Computer Transport & Logistics brings a robust European network covering the major data center hubs, while Arvato expands this through its extensive global footprint.
The new funding brings Amazon's total investment in Anthropic to $8 billion, while maintaining the e-commerce giant’s position as a minority investor, according to Anthropic. The partnership was launched in 2023, when Amazon invested its first $4 billion round in the firm.
Anthropic’s “Claude” family of AI assistant models is available on AWS’s Amazon Bedrock, which is a cloud-based managed service that lets companies build specialized generative AI applications by choosing from an array of foundation models (FMs) developed by AI providers like AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon itself.
According to Amazon, tens of thousands of customers, from startups to enterprises and government institutions, are currently running their generative AI workloads using Anthropic’s models in the AWS cloud. Those GenAI tools are powering tasks such as customer service chatbots, coding assistants, translation applications, drug discovery, engineering design, and complex business processes.
"The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," Matt Garman, AWS CEO, said in a release. "By continuing to deploy Anthropic models in Amazon Bedrock and collaborating with Anthropic on the development of our custom Trainium chips, we’ll keep pushing the boundaries of what customers can achieve with generative AI technologies. We’ve been impressed by Anthropic’s pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration."
The Dutch ship building company Concordia Damen has worked with four partner firms to build two specialized vessels that will serve the offshore wind industry by transporting large, and ever growing, wind turbine components, the company said today.
The first ship, Rotra Horizon, launched yesterday at Jiangsu Zhenjiang Shipyard, and its sister ship, Rotra Futura, is expected to be delivered to client Amasus in 2025. The project involved a five-way collaboration between Concordia Damen and Amasus, deugro Danmark, Siemens Gamesa, and DEKC Maritime.
The design of the 550-foot Rotra Futura and Rotra Horizon builds on the previous vessels Rotra Mare and Rotra Vente, which were also developed by Concordia Damen, and have been operating since 2016. However, the new vessels are equipped for the latest generation of wind turbine components, which are becoming larger and heavier. They can handle that increased load with a Roll-On/Roll-Off (RO/RO) design, specialized ramps, and three Liebherr cranes, allowing turbine blades to be stowed in three tiers, providing greater flexibility in loading methods and cargo configurations.
“For the Rotra Futura and Rotra Horizon, we, along with our partners, have focused extensively on energy savings and an environmentally friendly design,” Concordia Damen Managing Director Chris Kornet said in a release. “The aerodynamic and hydro-optimized hull design, combined with a special low-resistance coating, contributes to lower fuel consumption. Furthermore, the vessels are equipped with an advanced Wärtsilä main engine, which consumes 15 percent less fuel and has a smaller CO₂ emission footprint than current standards.”
A growing number of organizations are identifying ways to use GenAI to streamline their operations and accelerate innovation, using that new automation and efficiency to cut costs, carry out tasks faster and more accurately, and foster the creation of new products and services for additional revenue streams. That was the conclusion from ISG’s “2024 ISG Provider Lens global Generative AI Services” report.
The most rapid development of enterprise GenAI projects today is happening on text-based applications, primarily due to relatively simple interfaces, rapid ROI, and broad usefulness. Companies have been especially aggressive in implementing chatbots powered by large language models (LLMs), which can provide personalized assistance, customer support, and automated communication on a massive scale, ISG said.
However, most organizations have yet to tap GenAI’s potential for applications based on images, audio, video and data, the report says. Multimodal GenAI is still evolving toward mainstream adoption, but use cases are rapidly emerging, and with ongoing advances in neural networks and deep learning, they are expected to become highly integrated and sophisticated soon.
Future GenAI projects will also be more customized, as the sector sees a major shift from fine-tuning of LLMs to smaller models that serve specific industries, such as healthcare, finance, and manufacturing, ISG says. Enterprises and service providers increasingly recognize that customized, domain-specific AI models offer significant advantages in terms of cost, scalability, and performance. Customized GenAI can also deliver on demands like the need for privacy and security, specialization of tasks, and integration of AI into existing operations.