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Carload Express Announces New President and Executive Leadership Changes

OAKMONT, Penna., January 31, 2018 – Carload Express, Inc. announces this week that Mark Rosner has been named President, effective immediately.

Jim Streett has been promoted to the role of Chief Executive Officer.

“We are excited to welcome Mark Rosner to our executive team, where his significant industry experience will prove to be tremendously valuable” said Russell Peterson who has been promoted to the new role of Chairman, as part of Carload Express’ corporate succession planning.

Peterson added, “We are also happy to recognize Jim Streett’s distinguished railroad career through his promotion, and we are grateful for all of Jim’s contributions over the last decade.”

About Mark Rosner

Mr. Rosner has over 30 years of wide-reaching rail industry experience, ranging from U.S. short line, regional and Class I railroads to successful startups and turnarounds worldwide.  Mr. Rosner earned a Bachelor of Science in Business Administration from Alfred University and a Master of Business Administration from Duke University.

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About Carload Express

Carload Express Inc. operates four shortline railroads: The Allegheny Valley Railroad (AVR) and Southwest Pennsylvania Railroad (SWP) serving western Pennsylvania; the Ohio Terminal Railway (OHIO) serving the Ohio River Valley bordering Ohio and West Virginia; and the Delmarva Central Railroad (DCR) serving Delaware and Maryland on the Delmarva Peninsula. We handled 90,000 shipments last year, equating to roughly 360,000 fewer trucks on local highways, lowering congestion and road maintenance costs, while significantly reducing carbon emissions and greenhouse gases. For more information, please see: carloadexpress.com.

Contact: Tim O’Brien (412) 854-8845