66-foot long railcars Rail Log Network As the "friction of distance" diminishes, as transportation and communication costs continue their rapid decline, timber sellers and timber buyers have the opportunity to reach distant customers that they never knew existed, that they never imagined they could affordably access. Paneltech's Rail Log Network is a service offering, currently targeted on the U.S. West, that seeks to help the company's customers leverage this exploding array of timber purchase and sale opportunities. Paneltech's Rail Log Network has the following assets: The largest private fleet of the largest capacity, best quality log rail cars in North America Paneltech and Paneltech partner-operated rail log transloading yards in British Columbia, Washington State, Oregon, Idaho, California, Mississippi, Tennessee, Kentucky, Ohio and Minnesota Log transload yard established services Good working relationships with virtually all of the buyers and sellers of timber and logs in the U.S. West and many in the U.S. South, Chile, and New Zealand The power of a growing, large-scale network - the ability to form unit trains, to secure very competitive rates from transportation service providers, to facilitate not only the transportation of timber products between distant buyers and sellers but also provide the best possible current timber and log market information (translated into "FOB my site" terms) Dynamic log car tracking and management systems Log yard inventory management/control system Transloading in Aberdeen, Washington Paneltech is not a timber or log trader. Only under unusual circumstances will the company take a timber or log position. This permits Paneltech to serve as an objective, third-party advisor to both sellers and buyers. Paneltech's billings are simple and straightforward - transparent. They are a function of rail rates secured by either Paneltech or its customer (the customer's preference), a function of the type of railcar required and car turn rates, and a function of customer dependability/risk and car repositioning costs. Paneltech routinely works with barging companies, ocean shipping companies and short- and long-haul truckers. This facilitates the development of the most efficient multi-modal option for any given move. Primarily in support of its rail log-oriented logistics business, Paneltech publishes a monthly newsletter for its customers and the company sponsors periodic seminars on current topics important to these same customers. 100 net ton 65' spine car 70' log car with wrap-around bulkheads