InfraRed Capital Partners Invests in Rail Modal Group
On August 3, 2026, InfraRed Capital Partners, a prominent international asset manager specializing in infrastructure investments, made headlines by acquiring a majority stake in Rail Modal Group (RMG), a pivotal US-based platform for intermodal rail terminals in the Midwest.
Founded in 2018 by Greg Oberting, who continues as CEO, RMG has become a critical link in the supply chain, facilitating efficient transportation of goods from producers to export ports. Through its inland terminals, RMG collaborates closely with rail companies and shipping lines, providing American shippers with an integrated solution for containerized exports.
Enhancing Transportation Efficiency
With the goal of enhancing cost-effective transport solutions and improving access to international markets, RMG addresses the logistical challenges faced by producers and processors located far from seaports and intermodal hubs. Their platform ensures a seamless end-to-end transport network that contributes significantly to the agricultural supply chain. By offering containerization services, RMG guarantees the traceability and integrity of export goods.
At RMG's large-scale terminals, goods are consolidated into trains of over 100 freight cars that directly serve container ports on the US West Coast. Since its inception, RMG has handled more than 1,200 trains, equating to the relocation of shipments covering approximately 200 million truck miles onto rail.
Importance within North American Logistics
Intermodal rail transshipment is a vital component of the US logistics network, navigating over 20 million containers annually. Rail transport handles over 40% of long-haul freight in the United States, underscoring its significance. The agricultural sector, valued at approximately $1.5 trillion, is heavily reliant on efficient logistics. However, a substantial portion of this production is often situated far from maritime export terminals and critical transportation hubs.
The investment by InfraRed aims to support RMG's growth by expanding capacities and modernizing existing facilities, as well as broadening service offerings and identifying additional terminal locations. Filip Guz, Partner and Head of Investments Americas at InfraRed Capital Partners, expressed enthusiasm about collaborating with RMG: "Greg and the entire RMG leadership team have built something remarkable. We look forward to providing the company with capital, infrastructure expertise, and operational experience to further expand its network and unlock its long-term potential."
A Milestone in RMG's Development
Greg Oberting, the founder and CEO of RMG, noted the significance of this transaction as a major milestone in the company's evolution. He emphasized that InfraRed possesses a profound understanding of RMG's business, industry, and its essential role within the North American supply chain. Oberting expressed confidence in leading RMG into its next chapter, stating, "InfraRed's experience in building and advancing infrastructure platforms, along with its long-term investment approach, makes it the ideal partner for RMG. I look forward to continuing to lead RMG and expanding our value proposition for customers, transport partners, and the regions we serve."
While the financial terms of the transaction have not been disclosed, the collaboration between InfraRed and RMG sets the stage for significant advancements in intermodal logistics and transportation efficiency in the United States.
About InfraRed Capital Partners
InfraRed Capital Partners is a leading international asset manager focused on mid-market infrastructure investments. Over the past 25 years, it has established itself as a successful developer of infrastructure projects, particularly in early-stage phases, as well as an active owner and manager of key infrastructure assets. With around $13 billion in equity under management, InfraRed boasts a global presence with offices across London, Frankfurt, Madrid, New York, Sydney, and Seoul.
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InfraRed's website.
About Rail Modal Group
Rail Modal Group is a leading platform for inland intermodal terminals and logistics services for agricultural producers and processing companies in the Midwest and prairie regions of the United States. RMG connects regional customers to the North American rail network and key US ports through its four large terminals. The company's services enhance the efficiency of transport solutions, helping clients reduce costs and improve supply chain performance.