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Rail News Home Rail Industry Trends

8/22/2001



Rail News: Rail Industry Trends

A&M partners, applies proactive approach to become more prosperous


Arkansas and Missouri Railroad Co. (A&M) continues to broaden its business horizons.

The 139-mile short line Aug. 20 announced a joint venture with Allied Enterprises Inc. to provide specialty freight-car modification and reclamation services.

"Instead of just accepting the current situation of having freight cars just sit and not earn any revenue, we are proactively modifying rail cars to meet the special needs of customers," said A&M President and Chief Executive Officer Larry Bouchet in a prepared statement.

The short line and Allied Enterprises recently modified 12 log cars for Midwest Walnut Co. of Council Bluffs, Iowa.

Bouchet believes A&M's connections to Burlington Northern Santa Fe, Union Pacific Railroad and Kansas City Southern Railway will help grow the car-modification business.

"We now can economically offer contracted rail-car repair, parts reclamation and scrapping, and modifications to private car lines to help them take full value of their fleets," he said.

The joint venture follows A&M's and Allied Enterprises' Aug. 8 announcement to jointly develop nearly 19 acres of industrial land in Springdale, Ark., including intermodal and warehouse facilities with rail access.

The short line Aug. 20 also announced an agreement to serve Ash Grove Cement Co.'s Van Buren, Ark., terminal, which could boost A&M's business by 400 annual carloads.

And the short line announced that Fuels and Supplies Inc. will be presented A&M's Supplier of the Year Award Aug. 24. The supplier has gone "above and beyond the call" to annually deliver more than 1 million gallons of diesel to the short line, which has no fuel storage tanks, said Bouchet.


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