Cando is Canada’s leading provider of specialized rail operating services that allow industrial shippers to optimize their supply chains and connect to Class I railways, by leveraging Cando’s owned network of multi-purpose rail terminals. The company provides a wide range of rail services, including: short line operations, industrial switching, material handling, terminal & transload services, car storage, car staging, train assembly, and related services. TorQuest was attracted to Cando’s market leadership and relationships with customers, its strong & safe operating history, impressive team, strong financial performance, and the opportunity to invest in expanding the Company’s network of rail terminals. In 2018, TorQuest partnered with the existing employee shareholders to recapitalize the company, helping to position the business to capture the growth opportunities ahead. TorQuest sold Cando in September 2022.