In the summer of 2017 the Union Pacific Railroad (UP) and MGM Business Partners, Inc. aligned to create an outsourcing agreement. The new entity Rail Resources, Inc. was ushered in to handle and fast track the risk assessment, marketing, and accounting on all formal rejections. Rail Resources manages and monitors the rejections throughout the entire process from rejection to payment collection.
The agreement simplifies the salvage process for the UP and frees up their resources for other endeavors while maintaining, and in some cases, increasing the UP’s return. The turnkey solution provided by Rail Resources to the UP requires minimal time and effort from the UP.
Streamlined Solutions
The process begins when a formal rejection has occurred. From this point the reliable and veteran staff at Rail Resources goes to work finding the best possible marketing solution while minimizing risk and handling all of the logistics. The innovative solutions from Rail Resources provide a remarkable success, giving the UP desirable returns, reducing their costs, and allowing them to redirect their time and effort to more important business matters.
