|
List Of Rolling-stock Leasing Companies
List of rolling-stock leasing companies. Australia * CFCL Australia * Consolidated Rail Leasing Germany * Railpool Ireland * NS Financial Services Company Japan * Mitsui Rail Capital Luxembourg * CBrail Netherlands * GE Capital Rail Services (Europe) South Africa * Sheltam Sweden * Transitio Switzerland * European Loc Pool United Kingdom * Angel Trains * Beacon Rail * Caledonian Rail Leasing * Eversholt Rail Group * GE Capital * Halifax Asset Finance * Macquarie European Rail * Lombard North Central * Porterbrook * Rock Rail United States * Citirail *First Union Rail (formerly) * GE Capital Rail Services (formerly) * Marmon Holdings ** Union Tank Car Company * Wells Fargo Rail References {{DEFAULTSORT:Rolling-stock leasing companies * Rolling stock leasing companies Rolling is a type of motion that combines rotation (commonly, of an axially symmetric object) and translation of that object with respect to a surface (either one or the other moves), such that, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leasing
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it can r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Capital
GE Capital is the financial services division of General Electric. The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. Overview On July 8, 2013, the Financial Stability Oversight Council designated GE Capital as a " systemically important financial institution", which makes it subject to oversight by the Federal Reserve. In 2014, GE Capital had 35,000+ employees worldwide, operating in more than 40 countries, with total assets of US$499 billion. It was rated AA+ with stable outlook by S&P in 2012. GE Capital's subsidiaries also operated under the GE Money brand. Restructuring plan On April 10, 2015, Jeffrey R. Immelt, the CEO of General Electric, announced that GE would sell most of GE Capital over the next two years. The following areas were sold: *GE Capital Sponsor Finance was sold to Canada Pension Plan Investment Board and Sumitomo Mitsui Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wells Fargo Rail
Wells Fargo Rail (reporting marks WFRX, NATX, NDYX and FURX) is the new name for the historic First Union Rail Corporation, along with the combined business of the former GE Capital Rail Services, which Wells Fargo purchased from GE in September 2015. The new company/name took effect January 1, 2016, and is based in Rosemont, Illinois, USA. Wells Fargo Rail is the largest railcar and locomotive leasing company in North America with over 175,000 railcars and 1,800 locomotives available. Equipment Railcars *Autoracks—for transporting vehicles, can be bi-level or tri-level *Box cars *Flatcars **Centerbeam flatcar *Gondolas - (Rotary Dump Coal Gondola) *Hopper cars - (Both Covered & Open Hoppers) * Intermodals ** Double stacked Intermodals *Tank car Locomotives *EMD GP38-2 *EMD GP40-2 *EMD MP15DC/EMD MP15AC *EMD SD40-2 The EMD SD40-2 is a C-C diesel-electric locomotive built by EMD from 1972 to 1989. The SD40-2 was introduced in January 1972 as part of EMD's '' Dash 2'' ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Tank Car Company
Union Tank Car Company or UTLX is a railway equipment leasing, rail car maintenance, and rail car manufacturing company headquartered in metro Chicago, Illinois. A direct descendant of Standard Oil, the firm today is owned by Berkshire Hathaway. Union Tank Car Company was founded in 1866 by Captain Jacob J. Vandergrift, in response to the economic activities of John D. Rockefeller in the years leading up to his creation of Standard Oil. Vandergrift was involved in the conflicts in the oil regions of Western Pennsylvania in the 1860s–1870s. Eventually, Union Tank Car Company and Vandergrift's other holdings, which included pipeline and riverboat transport companies, merged with the company that later became Standard Oil. Rockefeller, once Captain Vandergrift's nemesis, made him Vice President of Standard Oil. The town of Vandergrift, Pennsylvania, built in 1895 by steel company president George G. McMurtry to house his workers, was named in Vandergrift's honor. TransUnion w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marmon Holdings
Marmon Group is an American industrial holding company headquartered in Chicago, Illinois; founded by Jay Pritzker and Robert Pritzker in 1953 (as Colson Corporation), it has been held by the Berkshire Hathaway group since 2013. It owns companies that produce transportation equipment, electrical components and other industrial components, and companies that provide services in the construction and retail sectors. Tank car manufacturing is a significant part of its business, products which are sold through its subsidiaries Union Tank Car Company in the United States and Procor in Canada. Berkshire Hathaway, which owns the largest freight railroad carrier in North America, BNSF Railway, acquired controlling interest in Marmon in 2007 and became sole owner six years later. Origin and history In 1953, Jay Pritzker and Robert Pritzker acquired Colson Corporation, a struggling manufacturer of casters, bicycles, navy rockets, and wheelchairs with sales of $3 million. The name of the comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Capital Rail Services
GE Capital Rail Services, also known as GE Railcar, or GE Railcar Services Corporation was a business unit of GE Capital, a division of General Electric. It was a distinct business unit from General Electric's railway locomotive manufacturer. GE Rail Services leased-out and managed railcars (freight cars) for the North American market. Its assets encompassed all types of common freight cars, including box, flat, covered and open-top hopper (gondola), and tank cars. The company also managed the servicing and repair of freight cars. In 2015, GE Capital announced the sale of its tank car and services business to Marmon Holdings, and the remainder of the business (other freight cars, locos) to First Union Rail. History In 1986 GE Railcar Services Corp. acquired the assets of North American Car Corp, a former rail leasing subsidiary of Tiger International which had become insolvent in 1984; GE acquired ~35000 freight cars and 14 maintenance units in North America at a cost of $420 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Union Rail
First or 1st is the ordinal form of the number one (#1). First or 1st may also refer to: *World record, specifically the first instance of a particular achievement Arts and media Music * 1$T, American rapper, singer-songwriter, DJ, and record producer Albums * ''1st'' (album), a 1983 album by Streets * ''1st'' (Rasmus EP), a 1995 EP by The Rasmus, frequently identified as a single * '' 1ST'', a 2021 album by SixTones * ''First'' (Baroness EP), an EP by Baroness * ''First'' (Ferlyn G EP), an EP by Ferlyn G * ''First'' (David Gates album), an album by David Gates * ''First'' (O'Bryan album), an album by O'Bryan * ''First'' (Raymond Lam album), an album by Raymond Lam * ''First'', an album by Denise Ho Songs * "First" (Cold War Kids song), a song by Cold War Kids * "First" (Lindsay Lohan song), a song by Lindsay Lohan * "First", a song by Everglow from ''Last Melody'' * "First", a song by Lauren Daigle * "First", a song by Niki & Gabi * "First", a song by Jonas Brot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citicorp Railmark Inc
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is Delaware General Corporation Law, incorporated in Delaware. Citigroup is the List of largest banks in the United States, third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board and is commonly cited as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rock Rail
Rock Rail is a British rolling stock company (ROSCO). It was established by Rock Infrastructure in 2014, and was structured as a subsidiary of the firm during July 2016. Rock Rail signed its first rail leasing deal for 25 Siemens Mobility-built Class 717 with train operator Govia Thameslink Railway in February 2016. This was promptly followed by a large order for 58 Stadler-built Class 745 and Class 755 multiple units for Abellio Greater Anglia. In the following years, numerous other leasing arrangements and strategic partnerships have come about between Rock Rail and other organisations, including South Western Railway, Avanti West Coast, and East Midlands Railway; the company has come to comprise roughly 40 percent of all new rolling stock orders in the UK rail market at times. Rock Rail has also expanded into both the continental European and Australian markets. History Rock Rail originated in 2014 with Rock Infrastructure; the company set it up as its dedicated rail l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Porterbrook
Porterbrook is a British rolling stock company (ROSCO), created as part of the privatisation of British Rail. Together with Angel Trains and Eversholt Rail Group, it is one of the three original ROSCOs. Porterbrook was established in March 1994 and was privatised via a management buyout during November 1995. In August 1997, it was acquired by the transport specialist Stagecoach at a far higher value. Two and a half years later, Stagecoach sold Porterbrook to the British banking group Abbey National. Prior to this, Porterbrook had entered the freight leasing market for the first time as well as the continental European rail leasing market; the latter activities were sold off in December 2004, resulting in the creation of CB Rail. On 27 October 2008, Porterbrook was purchased from Abbey National by a consortium of Antin Infrastructure Partners, Deutsche Bank and Lloyds TSB. During the 2010s, Porterbrook engaged in various projects to overhaul or dispose of aging rolling stock. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lombard North Central
Lombard North Central, trading as Lombard, is a finance company specialising in asset based lending. It is one of the largest finance houses in the United Kingdom and part of the ring-fenced business of NatWest Group. The company started life hiring out rolling stock to the railways in 1861. History Foundation as railway wagon leasing company The North Central Wagon Co was set up in Rotherham, West Riding of Yorkshire, in 1861. A group of astute investors see the business possibilities in leasing wagons to local railway companies, collieries and quarries. A black diamond representing a lump of coal was adopted as the company's symbol. By 1900, nearly 25,000 railway wagons were on hire. After the First World War, the company began to move into financing road transport. Prudential Assurance buys the company In 1928, Prudential Assurance Company and the financier Connop Guthrie bought out the company, seeing huge potential. Prudential remained a major shareholder for the next thir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macquarie European Rail
Macquarie European Rail (formerly ''Lloyds TSB General Leasing'') is a rolling stock company (ROSCO). It is presently owned by the French railway leasing entity Akiem. Founded as Lloyds TSB General Leasing as a subsidiary of Lloyds Banking Group in January 2009, early financing arrangements involved the Class 379 electric multiple units (EMUs) and Class 70 heavy freight locomotives. The venture also expanded into the continent European rail leasing market. In November 2012, Lloyds opted to sell its rail leasing arm to the financial services specialist Macquarie Group. During February 2020, it was announced that Macquarie European Rail was to be sold to another leading organisation, Akiem, the deal was completed two months later. History Macquarie European Rail was originally created as ''Lloyds TSB General Leasing'' in January 2009 by the Lloyds Banking Group to operate in Britain's rolling stock leasing market. Prior to deciding to form its own subsidiary focused on the sector ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
