More than 90 years ago, Fred H. Sasser started his own business in a small Chicago railyard. Today, we’re a growing family of transportation businesses across America with a focus on continuous improvement and innovation. But we haven't forgotten what got us here; Sasser family values, spirit, and exceptional personal service continue to drive us today.
Our story began in 1928 when Fred H. Sasser founded Central West Refrigerator Despatch. The following year, the Great Depression plunged the global economy into chaos. But, Mr. Sasser persevered, taking the necessary steps to protect and enhance his business. Take a look at how four generations of Sassers have kept his dream and vision alive.
Fred. H Sasser establishes Central West Refrigerator Despatch to provide refrigerated rail service to farmers along the Illinois Northern Railway.
The company spends the next years building a market in reclaimed rail parts.
Fred H. Sasser begins purchasing and converting old boxcars for a growing marketplace.
Chicago Freight Car & Parts is formed to provide railcar maintenance and support services.
Family operations expand with used military rolling stock.
Chicago Freight Car Leasing Co. is established as the newest brand of the family business.
Fred H. Sasser semi-retires and Robert Sasser takes the reins.
Robert Sasser starts purchasing covered hoppers for the grain market.
Robert’s son, Fred R. Sasser, becomes more involved in the family business.
Robert retires. His son, Fred, becomes president of CFCL.
Hoosier Railcar (now CF Rail Services) joins the family.
Fred R. Sasser becomes chairman of the board.
Fred ventures into vehicle leasing with the acquisition of Union Leasing.
Chicago Freight Car Leasing Australia Pty. Ltd. is formed.
The fourth generation of Sassers enters the family business.
Sasser Family Holdings, Inc. is established to connect our businesses using a common set of values.
Waycross Railcar is added to CF Rail Services' network of facilities.
Sasser Family Holdings, Inc., launches NxGen Rail, bringing our commitment to continuous improvement to rail technology.
Union Leasing acquires Express 4x4 Truck Rental.
Union Leasing continues to grow with the acquisition of Walser Leasing.
Sasser Family Holdings, Inc. launches Xcēd Aviation Services, bringing our transportation expertise to aviation ground support equipment leasing.
Fred R. Sasser retires as CEO and Jeff Walsh is chosen as his successor.
Sasser Family Holdings celebrates its 90th anniversary
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