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Chicago Freight Car Leasing Company
The Chicago Freight Car Leasing Company provides railcar leasing and management to companies throughout North America for a variety of commodities, including agricultural & food products; chemical & processed mineral products; metals, ores, aggregates, mineral rock/stone, and petroleum productsChicago Freight Car Leasingis a subsidiary oSasser Family Holdings, Inc. Other related companies under Sasser Family Holdings include Union Leasing, CF Asia Pacific, CFCL Australia, CF Rail Services, and NxGen Rail. Australia A daughter company, CFCL Australia, owns and leases the largest private fleet of locomotives and wagons in the Australian market. The company was established in response to the privatization of the former state-based railway Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on ...
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Railcar
A railcar (not to be confused with a railway car) is a self-propelled railway vehicle designed to transport passengers. The term "railcar" is usually used in reference to a train consisting of a single coach (carriage, car), with a driver's cab at one or both ends. Some railway companies, such as the Great Western, termed such vehicles "railmotors" (or "rail motors"). Self-propelled passenger vehicles also capable of hauling a train are, in technical rail usage, more usually called "rail motor coaches" or "motor cars" (not to be confused with the motor cars, otherwise known as automobiles, that operate on roads). The term is sometimes also used as an alternative name for the small types of multiple unit which consist of more than one coach. That is the general usage nowadays in Ireland when referring to any diesel multiple unit (DMU), or in some cases electric multiple unit (EMU). In North America the term "railcar" has a much broader sense and can be used (as an abbr ...
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CF Asia Pacific
Rail First Asset Management (RailFirst), formerly known as CFCL Australia (CFCLA), is an Australian rolling stock leasing company operating in the rail freight market. It leases assets to a number of private rail operators in the local rail industry, predominantly on the defined interstate rail network. Though primarily based in New South Wales, RailFirst's assets can be found operating in most Australian states and with all major train operating companies. It has rolling stock on both long-term lease to these companies as well as assets that are available for spot hire. It is owned by Anchorage Capital Partners. History CFCL Australia was established in 1998, by the American Chicago Freight Car Leasing Company. Its first contract was for the supply of a small fleet of radio controlled, automated ballast hoppers to Westrail. The first locomotives acquired were 13 members of the EL class from Australian National in November 1998. In 2000, it diversified into wagons. In Marc ...
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Service Companies Of The United States
Service may refer to: Activities * Administrative service, a required part of the workload of university faculty * Civil service, the body of employees of a government * Community service, volunteer service for the benefit of a community or a punishment that may be imposed by a court * Fan service, a Japanese term referring to something which is specifically designed to entertain fans * Military service, serving in a country's armed forces * Feudal service, see Feudal land tenure in England * Public service, services carried out with the aim of providing a public good * Selfless service, a service which is performed without any expectation of result or award. Arts, entertainment, and media * ''Service'' (album), a 1983 album by Yellow Magic Orchestra * ''Service'' (film), a 2008 film * ''Service'' (play), a 1932 play by British writer Dodie Smith * Service (record label), a Swedish record label * "Service" (''The Walking Dead''), a 2016 television episode of ''The Walking De ...
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Rail Freight Transportation In The United States
Rail or rails may refer to: Rail transport *Rail transport and related matters *Rail (rail transport) or railway lines, the running surface of a railway Arts and media Film * ''Rails'' (film), a 1929 Italian film by Mario Camerini * ''Rail'' (1967 film), a film by Geoffrey Jones for British Transport Films *'' Mirattu'' or ''Rail'', a Tamil-language film and its Telugu dub Magazines * ''Rail'' (magazine), a British rail transport periodical * ''Rails'' (magazine), a former New Zealand based rail transport periodical Other arts *The Rails, a British folk-rock band * Rail (theater) or batten, a pipe from which lighting, scenery, or curtains are hung Technology *Rails framework or Ruby on Rails, a web application framework *Rail system (firearms), a mounting system for firearm attachments *Front engine dragster *Runway alignment indicator lights, a configuration of an approach lighting system *Rule Augmented Interconnect Layout, a specification for expressing guidelines for prin ...
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Railway
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer facilit ...
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Australian Economy
Australia is a highly developed country with a mixed-market economy. As of 2022, Australia was the 14th-largest national economy by nominal GDP (Gross Domestic Product), the 20th-largest by PPP-adjusted GDP, and was the 22nd-largest goods exporter and 24th-largest goods importer. Australia took the record for the longest run of uninterrupted GDP growth in the developed world with the March 2017 financial quarter. It was the 103rd quarter and the 26th year since the country had a technical recession (two consecutive quarters of negative growth). As of June 2021, the country's GDP was estimated at 1.98 trillion. The Australian economy is dominated by its service sector, which in 2017 comprised 62.7% of the GDP and employed 78.8% of the labour force. At the height of the mining boom in 2009–10, the total value-added of the mining industry was 8.4% of GDP. Despite the recent decline in the mining sector, the Australian economy had remained resilient and stable and did ...
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Locomotive
A locomotive or engine is a rail transport vehicle that provides the Power (physics), motive power for a train. If a locomotive is capable of carrying a payload, it is usually rather referred to as a multiple unit, Motor coach (rail), motor coach, railcar or power car; the use of these self-propelled vehicles is increasingly common for passenger trains, but rare for freight (see CargoSprinter). Traditionally, locomotives pulled trains from the front. However, Push-pull train, push-pull operation has become common, where the train may have a locomotive (or locomotives) at the front, at the rear, or at each end. Most recently railroads have begun adopting DPU or distributed power. The front may have one or two locomotives followed by a mid-train locomotive that is controlled remotely from the lead unit. __TOC__ Etymology The word ''locomotive'' originates from the Latin language, Latin 'from a place', Ablative case, ablative of 'place', and the Medieval Latin 'causing mot ...
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CFCL Australia
Rail First Asset Management (RailFirst), formerly known as CFCL Australia (CFCLA), is an Australian rolling stock leasing company operating in the rail freight market. It leases assets to a number of private rail operators in the local rail industry, predominantly on the defined interstate rail network. Though primarily based in New South Wales, RailFirst's assets can be found operating in most Australian states and with all major train operating companies. It has rolling stock on both long-term lease to these companies as well as assets that are available for spot hire. It is owned by Anchorage Capital Partners. History CFCL Australia was established in 1998, by the American Chicago Freight Car Leasing Company. Its first contract was for the supply of a small fleet of radio controlled, automated ballast hoppers to Westrail. The first locomotives acquired were 13 members of the EL class from Australian National in November 1998. In 2000, it diversified into wagons. In Mar ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Commodity
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude oil, Maize, corn, and gold. Other definitions of commodity include something useful or valued and an alternative ter ...
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Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ...
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