Cando to Acquire Savage Rail (UPDATED, 3/30)
Cando Rail & Terminals (Cando) on Feb. 23 announced the execution of a definitive agreement to acquire Savage Rail (Savage) in a “mutually beneficial deal that will make Cando North America’s market leader in first and last mile rail operating services and terminal infrastructure, and positions Savage for strategic growth opportunities by refining its business portfolio,” according to the companies.