ROSEMONT, Ill., April 26, 2011 /PRNewswire/ — CF Rail Services has reached key milestones with the recent addition of Darrell Waldrop, as Director of Mechanical, to its management team and the acquisition of Waycross Railcar. These are part of the formal development CF Rail Services as the premier provider of railcar cleaning, repair and refurbishment services.

“The level of quality and customer service that CF Rail Services is committed to bringing to the market is unsurpassed in the industry. I’m pleased to join this team at such an important point in their history,” said Darrell Waldrop.

CF Rail Services has roots with the Chicago Freight Car & Parts Company dating back to 1928. The business now includes Hoosier Railcar, located in East Chicago, IN, Mississippi Railcar, located in Meridian MS and Waycross Railcar, located in Waycross, GA. Each operation operates on principles geared toward the highest level of quality, reliability and service. The growth that has been achieved will be further supported by increased capabilities that shippers and railroads value. Waycross Railcar, as the newest addition to the network of shops, provides onsite railcar cleaning and repair and mobile services.

According to Shad Peterson, VP and COO of Sasser Family Holdings, LLC and President of CF Rail Services, “Our dedication to growing our capabilities while maintaining our focus on quality workmanship and long lasting relationships is the number one priority each day for CF Rail Services.”

“Our primary focus continues to be on quality repair and maintenance done with the highest safety and environmental standards. We are dedicated to exceeding our client’s expectations through the activities we do best… clean, repair, and maintain railcars,” stated Bill Plavsic, Director of Repair Services for CF Rail Services.

CF Rail Services, a wholly owned subsidiary of Sasser Family Holdings, LLC is a leading railcar repair and maintenance provider, providing quality running repair and program work for railroads, private car owners and shippers in North America.

Sasser Family Holdings, LLC is a private 4th generation family held services company with subsidiaries companies; Chicago Freight Car Leasing Co, Union Leasing Inc, CF Rail Services LLC, and Chicago Freight Car Leasing Australia PTY, providing vehicle and rail transportation equipment leasing, fleet management, repair services and technology to companies and industries in North America and Australia since 1928.

SOURCE CF Rail Services