July 21, 2020 11:00 AM, EDT

American Railcar Industries Changes Name to American Industrial Transport

AITXBackground via AITX launch video/Vimeo, Logo via AITX website

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Railcar leasing and repair company American Railcar Industries has changed its name to American Industrial Transport, the company announced July 21.

AITX said the move, which will include updated branding, is the latest step in its effort to refocus as a premier provider of leasing and repair services, and comes following the sale last year of its manufacturing business.

“With our new name and brand, we’ve rolled out a forward-looking company mantra, ‘Moving Ahead,’” AITX President Steve Unger said in a statement. “This signifies more than a new chapter for AITX, but a renewed promise to our customers to work with them to move their business forward.”

AITX, based in St. Charles, Mo., manages a lease fleet of more than 17,000 railcars owned by its affiliates and performs repair services for more than 10,000 railcars per year.

“We’ve designed our leasing business with flexibility in mind — to present efficient solutions for customer situations that are often unpredictable,” Dean Sawyer, senior vice president of sales and marketing at AITX, said in a statement. “We’ve embraced productivity with a young fleet tied to our best-in-class repair and maintenance capabilities.”

AITX said in the announcement that the new name conveys a respect to its long-standing heritage and an ongoing commitment in shaping the modern railcar leasing and repair business. The repair business extends across a network of repair facilities and services across North America.

The AITX repair business offers options from full to light repair but specializes in tanks and covered hoppers. That includes full-service facilities, mobile service units and onsite customer dedicated repair operations. — Transport Topics

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