TRIG Acquires FLLL; Marvin Trimble joins Executive
TransRail Innovation Inc. (TRIG) acquires Formation Liquids Logistics Ltd. (FLLL):
Calgary Company Innovating Rail Shipping Technology to Improve Safety & Efficiency
Calgary, Alta. (April 19, 2021) - As Calgary emerges from the pandemic many businesses are showcasing innovation and agility through acquisitions, mergers, and strategic partnerships. Local company, TransRail Innovation Group (TRIG) is bringing new innovation to North America’s rail industry with the acquisition of Formation Liquids Logistics Ltd. (FLLL). Marvin Trimble, co-founder of FLLL, now joins TRIG as the Vice President of Rail Technology and Improvement, bringing years of terminal and efficiency expertise. Acquiring FLLL amplifies TRIG’s ability to create innovative solutions to help companies ship commodities in more safe and efficient ways. Together, this merger represents a milestone for innovation in rail shipping technology.
“Bringing FLLL into the TRIG fold allows us to bring new technology and best practices to rail terminals and rail shippers,” says Rob Tasker, CEO of TRIG. “Given recent announcements on pipelines, this is an important time to improve the safety and efficiency of rail operations for transporting petroleum products.”
Since its inception in 2011, FLLL has grown from consulting with 7 terminals to over 150, enabling these terminals to reduce operational costs by up to 28 per cent, while at the same time enhancing safety and efficiency. FLLL’s expertise in helping terminals to adopt automation practices was a natural fit with TRIG’s innovative technology. Combining TRIG’s unique technology and understanding of transloading with FLLL’s extensive consulting expertise brings great opportunities for advancement in the railroading industry.
“Rail terminal and shippers have traditionally been slow to embrace digital technology relying on tried-and-true manual processes and systems, but those trends are evolving,” says Marvin Trimble, Vice President of Rail Technology and Improvement for TRIG. “FLLL has been able to help many operators realize significant improvements in their operations, and in turn safety and profitability. Bringing our talents, which equate to over 100 years of experience- together with TRIG’s technology is a winning solution, especially for North American petroleum producers.”
TRIG is the only electronics manufacturer in North America certified by the Association of American Railroads (AAR) to develop and deploy digital technology that penetrates the closure of rail tank cars. Their solutions are currently accessible in North America and have proven to help the rail transportation industry mitigate safety risks and unnecessary environmental impacts. With a strong focus on sustainability, TRIG is proud to provide opportunities for clients to reduce the number of rail tank cars in operation and overall emissions by 50 per cent.
For Media Inquiries Contact
Peter Stunden, VP, Marketing & Sales
pstunden@transrailinnovation.com
403-612-6395
About TransRail Innovation Inc. (TRIG)
TRIG designs and produces advanced radar sensor and communications platform solutions for rail terminal operations and rail shippers. The company is committed to solving health, safety, environment, and economic issues affecting North America’s hazardous liquids rail transportation industry.
About Formation Liquids Logistics Ltd.
Formation Liquids Logistics Ltd. was incorporated on February 14, 2011 as a partnership between Keith Rikstad and Marvin Trimble. Their goal was to increase the safety, efficiency, and quality of measurement, highlighting the benefits of automation. Over the past 10 years, FLLL has worked with over 150 terminals and consulted for many recipients of the Association of American Railroads (AAR) NAR Grand Slam Award, which is presented annually to companies that are exemplary shippers of hazardous materials.