Cando Rail & Terminals

Cando Rail & Terminals Ltd. (Commonly referred to simply as Cando, reporting mark CCGX) is a railroad contractor headquartered in Brandon, Manitoba, founded in 1978 by Gord Peters and Rick Hammond. Cando offers several services, including industrial switching, material handling, logistics, terminal and transload services, engineering and track services, railcar storage, railcar repair and short line operations.[1] The short line operations include the Central Manitoba Railway and Barrie Collingwood Railway.[2]

Cando Rail & Terminals Ltd.
Overview
HeadquartersBrandon, Manitoba
Reporting markCCGX
CEMR
LocaleCanada
United States
Dates of operation1978Present
Technical
Track gauge4 ft 8+12 in (1,435 mm) standard gauge
Other
Websitehttp://www.candorail.com

In 2017, Deloitte Canada named Cando as one of "Canada's Best Managed Companies" for 2016.[3]

History

Gord Peters and Rick Hammond founded Cando Contracting Ltd. in 1978, as a small rail line dismantling and salvage company in Manitoba. They would remove pieces of track and sell the materials. Gord's father Art and brother Doug were also a big part of the company's success in the early years.[4]

Cando's first contract was for two abandoned rail lines near Tilston, Manitoba for Canadian Pacific, who at the time was abandoning smaller subdivisions in order to focus on east–west traffic across Canada. Gord and Rick bid on the jobs while having no equipment or experience. When, to their surprise, they got both jobs, Gord drove home with a loan from his father, and started Cando Contracting Ltd.[4]

In 1996, the company established an Employee Ownership Program, and in 2017 Cando said that over 80% of the company is owned by present and retired employees.[5]

In 1999, Cando bought the Carman and Pine Falls Subdivisions, two recently abandoned Manitoba branch lines, from Canadian National, and started the Central Manitoba Railway.[6]

In 2013, Cando changed its name from Cando Contracting Ltd. to Cando Rail Services Ltd., and changed its logo.[4] Cando also changed the livery for locomotives that it owned.

In April 2021, the company changed their name again, to Cando Rail & Terminals Ltd.[7]

Locations

While Cando first started in Manitoba, and is headquartered in Brandon, they now exist at over 25 sites across Canada, and parts of the United States.[8][9]

In January 2016, Cando announced that it purchased the former Weyerhaeuser sawmill property on Mission Flats Road in Kamloops with the intention to turn it into 1000 spots of railcar storage, 80,000 feet of track and engineering and mechanical servicing areas.[10][11] Cando opened phase one of the rail terminal in May 2017. The terminal also serves as their B.C. headquarters.[12]

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.