#United States #Fort Worth #North American Rail #Rapid Track #American Track

North American Rail Solutions Acquires Rapid Track

In a strategic move to strengthen its position in the rail services industry, North American Rail Solutions, through its subsidiary American Track, has announced the acquisition of Rapid Track, a well-established company based in Tyrone, Georgia. This acquisition will not only expand North American Rail Solutions' service capabilities but also reinforce its commitment to providing top-notch rail maintenance and construction services primarily for industrial and shortline customers in the Southeastern region of the United States.

The Legacy of Rapid Track

Rapid Track was founded in 1994 by Kirby Wallace and Gail Shockley Wallace, and it has been a significant player in the rail services sector for several decades. Managed today by Shannon and Brandi Shockley, Rapid Track has built a reputation for excellence in rail maintenance and construction. With the acquisition, North American Rail Solutions intends to leverage Rapid Track's deep-rooted expertise and extensive knowledge of the local markets to advance its operations further.

Insights from Leadership

Tom Lucario, CEO of North American Rail Solutions, expressed great enthusiasm about the acquisition. He highlighted the importance of Rapid Track's established presence and experienced team, stating: "Rapid Track has been a strong provider of rail services in the Georgia area for several decades. The Southeast is a critical area for American Track and we felt that Shannon and Brandi had a team that was an excellent match for the American Track culture. We knew they would be a great addition."

This statement emphasizes the focus on cultural alignment and operational synergy that North American Rail Solutions aims to achieve with Rapid Track's integration.

Shannon Shockley, President and owner of Rapid Track, also spoke about the significance of this transition for the family business, which they view as their life’s work. She mentioned, "We were only interested in joining with a great company that could help us grow and create lasting opportunities for ourselves and our employees. We know American Track will be that place and we are excited about the future with North American Rail Solutions."

Expanding Infrastructure and Services

Founded in the wake of a partnership with DFW Capital Partners in 2021, North American Rail Solutions has quickly established itself as a leading provider of industrial rail support services across North America. With over 30 full-service offices across the U.S. and Canada, its mission revolves around ensuring safety and compliance while maintaining operational efficiency in railway industries ranging from manufacturing and petrochemicals to agricultural products and food and beverage sectors.

The acquisition of Rapid Track aligns perfectly with North American Rail Solutions' strategy of expansion and diversification. By integrating Rapid Track into their portfolio, the company is set to enhance its service offerings, ensuring compliance and operational excellence for their growing client base.

Future Outlook

As North American Rail Solutions moves forward with this acquisition, industry experts anticipate an increase in service delivery efficiency and potentially expanded market reach in the Southeastern U.S. The leadership at North American Rail Solutions remains optimistic about the synergy that will emerge from this strategic acquisition, with a shared vision of growth, development, and innovation in rail services.

With a solid foundation laid by Rapid Track and the robust operational framework of American Track under North American Rail Solutions, the future looks promising for both entities. This acquisition reiterates their commitment to increasing their footprint and service capabilities, setting the stage for future successes in the rail services industry.