SCHAUMBURG, Ill., Aug. 23, 2021 /PRNewswire/ -- Sasser Family Companies today announced that Chicago Freight Car Leasing (CFCL), a Sasser subsidiary, has won the 2021 ELFA Operations & Technology Excellence (O&TE) Award. This prestigious award is given annually by the Equipment Leasing and Finance Association, recognizes organizations that are driving increased business value through innovative technology solutions, digital business transformation, and/or a shift to a culture of continuous innovation.
The 2021 O&TE award celebrates members of the CFCL and Sasser Information Technology teams, who partnered for two years (beginning early 2018) to create Rail360, a cloud-based software solution that now serves as the singular system for CFCL's day-to-day operations. Rail360 streamlines CFCL's business by integrating the functionality of multiple former systems and data sources into a single, web-based application tailored to the specific needs of a freight car lessor and the broader rail industry. It was given its signature "360" early on the project as the team aspired to create a system that would provide a true "360-degree view" of each CFCL railcar's data and seamless integrations between business processes.
"With the implementation of Rail360, CFCL is now able to serve our customers in real time by having all of the necessary information easily accessible within one cloud-based system," said Josh Chesser, interim general manager, CFCL. "This single operating system us to be more efficient in our transactions, reducing our time to respond to our customers' needs, and providing accurate information on demand."
"CFCL's Rail360 is an excellent representation of Sasser IT's strategic mission of providing our businesses with best-in-class products and services that deliver strategic value and enable both growth opportunities and competitive advantages," said Chief Information Officer Brock Morrison. "We're honored that the ELFA has chosen to recognize Rail360 and are extraordinarily proud of the team responsible for bringing the vision to reality."
CFCL will be recognized at the 2021 Operations & Technology LIVE! virtual event on Tuesday, September 14, and in person in San Antonio, Texas at the ELFA 60th Annual Convention in October.
About Sasser Family Companies:
Sasser Family Companies is a fourth-generation, family-held transportation asset services and management company with roots dating to 1928. Its other subsidiary business units include Chicago Freight Car Leasing Co., Union Leasing Inc., CF Rail Services LLC, Express 4X4 Truck Rental, and NxGen Rail Services LLC. The subsidiary units are leaders in providing commercial and industrial focused rail, vehicle and aviation transportation equipment solutions including asset leasing, fleet administration management, asset repair and maintenance, and innovative technology services throughout North America. For more information about Sasser Family Companies, visit www.sasser.com.
SOURCE Sasser Family Companies
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