The Andersons

“The Andersons’ railcar repair network aligns perfectly with Cathcart Rail’s strategic goal of offering a broad array of rail services across a national footprint,” said Casey Cathcart, Chairman and CEO of Cathcart Rail, whose Belpre Industrial Parkersburg Railroad received a Short Line of the Year Honorable Mention from Railway Age in 2021.
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Supply Side: Cathcart Rail/The Andersons, Pandrol, Ricardo

Columbus, Ohio-based Carthcart Rail on July 8 completed its acquisition of The Andersons’ railcar repair business. Also, global rail fastening supplier Pandrol has provided an Ultrasonic Rail Testing Kit to SBS Transit Ltd. in Singapore; and Ricardo and Danish firm PantoInspect will bring PanMon pantograph monitoring technology to railroads across North America and Latin America.

AITX Acquires The Andersons, Inc. Railcar Leasing Unit for $0.55B, Cash

The Andersons, Inc. has sold its railcar leasing business to American Industrial Transport, Inc. (AITX) for approximately $550 million in cash, and also intends to sell off its remaining railcar repair business, including 29 U.S. facilities, as part of a “strategic decision” to jettison all its railcar interests and focus on its agricultural businesses, which include commodity trading, ethanol and plant nutrient sectors.

Each recipient of NS’s 2020 Thoroughbred Chemical Safety Award shipped or originated at least 1,000 carloads—for a combined total of more than 156,000 carloads—over the railroad’s network without a single incident last year.

NS Recognizes 43 Safe Shippers

Norfolk Southern (NS) has presented its 2020 Thoroughbred Chemical Safety Award to 43 customers for safely handling products regulated as hazardous materials.

TNW Corp. and The Andersons Rail Group have teamed to offer more comprehensive railcar service on the Texas North Western Railway (TXNW) in Sunray, Tex.

Small Road News: OmniTrax, TNW Corp.

Denver-based OmniTRAX is linking with customers interested in locating in northeast Ohio; TNW Corp., a Dallas, Tex.-based operator of short lines and logistics centers, has expanded its railcar service offerings in partnership with The Andersons Rail Group.

The Andersons acquiring FreightCar America Danville plant

The Andersons Inc. on Aug. 1 signed a $2.2 million agreement to purchase FreightCar America Inc.’s Danville Railcar Facility, Danville, Ill. The company intends to turn the now-shuttered freight car manufacturing plant into a full-service freight and tank railcar repair shop.