Very detailed news from DDCC on the new transport system with its new name. Double Crown gives a lot of information in this PR today on why this system is such an advantage for shipping frac sand and other aggregate products. The comments on how this system can solve the rail capacity shortage we keep hearing about are perhaps the most important part.
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Regarding the market introduction of Double Crown's TransLock² system at this time, President Allen E. Lopez stated, "We are now ready to offer the global shipping industry a technological leap forward in industrial commodity transport that can bring across the board enhancements which are simply unmatched by any other option available today. The timing of the TransLock² introduction has also coincided with a very significant development in the North American shale energy sector. The current tremendous increase in rail shipments of materials to and from shale oilfields has pushed the rail industry to its capacity limits, so much so that other rail shipments, especially in agriculture, are facing long delays and unavailability of sufficient carrier cars. Double Crown Resources has an immediate solution to this major problem with the TransLock² system which can dramatically increase the capacity of existing rail lines for aggregate commodities by turning ordinary intermodal flatbed cars into high efficiency, cost saving and environmentally friendly platforms. We are now offering operational demonstrations of TransLock² at a location near our offices in Houston, TX. We welcome inquiries from any company involved in aggregate commodity shipping and we very much look forward to showing all that TransLock² can do."
