RMI Secures $620 Million Investment - Revolutionizing Rail Information Services

RMI, the largest independent provider of comprehensive rail information services to the transportation industry, has successfully completed a funding round, raising a remarkable $6.2 billion. Established in 1979, RMI has positioned itself as a leader in delivering innovative software and service solutions tailored to meet the complex demands of railroads, ports and terminals, and industrial shippers. With a deep expertise in rail operations and intermodal terminal systems, RMI's platform provides critical insights and streamlined processes for managing rail and intermodal operations, facilitating efficient signal and communication asset management, overseeing railcar repair billing, and ensuring end-to-end visibility and execution for logistics service providers. The substantial investment will be utilized to further enhance RMI’s technological infrastructure, allowing for greater innovation in its existing software offerings and the expansion of its services to meet the evolving needs of the transportation sector. By leveraging these funds, RMI aims to accelerate its commitment to providing unmatched service quality and operational efficiency across the industry, aligning with its goal to improve the integrated transportation landscape. Furthermore, as a portfolio company of The Carlyle Group, RMI is poised for strategic growth in an increasingly competitive market. This funding announcement reflects RMI's dedication to driving advancement in rail logistics and underscores its pivotal role in transforming the future of transportation.