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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 ...
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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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Well Car
A well car, also known as a double-stack car (or also intermodal car/container car), is a type of railroad car specially designed to carry intermodal containers (shipping containers) used in intermodal freight transport. The "well" is a depressed section which sits close to the rails between the wheel trucks of the car, allowing a container to be carried lower than on a traditional flatcar. This makes it possible to carry a stack of two containers per unit on railway lines (double-stack rail transport) wherever the structure gauge assures sufficient clearance. The top container is secured to the bottom container either by a bulkhead built into the car (e.g., bottom and top containers are the same dimensions of 40 ft.), or through the use of inter-box connectors (IBC). Four IBCs are needed per wellcar. In the process of an inbound train becoming an outbound train, there are four processes: unlock to unload the top container of inbound train, remove then unload bottom conta ...
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Companies Based In Chicago
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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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'' series, competing against the GE U30C and the ALCO Century 630. Although higher-horsepower locomotives were available, including EMD's own SD45-2, the reliability and versatility of the SD40-2 made it one of the best-selling models in EMD's history, edged only by the GP9, and the standard of the industry for several decades after its introduction. The SD40-2 was an improvement over the SD40, with modular electronic control systems similar to those of the experimental DDA40X. Peak production of the SD40-2 was in the mid-1970s. Sales of the SD40-2 began to diminish after 1981 due to the oil crisis, increased competition from GE's Dash-7 series and the introduction of the EMD SD50, which was available concurrently to late SD40-2 production. The last SD40-2 delivered to a United States railroad was built in July 1984, with pro ...
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EMD MP15AC
EMD may refer to: Finance and commerce * Emerging market debt * Earnest money deposit, in the United States, a security deposit, especially for real estate Medicine * Electromagnetic diaphragm * Electromechanical dissociation * Emergency medical dispatcher * Enamel matrix derivative * Esophageal motility disorder * Merck Group, known as EMD in Canada and the United States, a German pharmaceutical company Science and technology * Electrolytic manganese dioxide * Emerin * Empirical mode decomposition * Equilibrium mode distribution * ReadyBoost, disk-caching software Transport * East Midlands Parkway railway station, in England * Electro-Motive Diesel, an American locomotive manufacturer * Electronic Miscellaneous Document in the airline industry * Emerald Airport, in Queensland, Australia Other uses * Schneider Electric EMD a Armenian-Serbian electric company * EMD (band), a Swedish band * Earth mover's distance * European Marketing Distribution European Marketing ...
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EMD MP15DC
The EMD MP15, sometimes referenced as MP15DC, is a switcher-type diesel locomotive model produced by General Motors' Electro-Motive Division between 1974-1980. It was equipped with an engine sporting a roots blower. The length was either or depending on the build date. The early MP15 and the SW1500 were similar in appearance and applications. They were fitted with the same engine (a V12 EMD 12-645E) in a similar appearance. The primary difference is the MP15's standard Blomberg B trucks. Development Switchers up to the SW1500 had been restricted to AAR type A switcher or Flexicoil lightweight trucks, both with a wheelbase. In 1973 60 special order Mexico-only SW1504s were built on a slightly longer frame, allowing EMD's standard Blomberg B trucks, with a wheelbase, to be used. In EMD's eyes (among others) this made the new locomotive a road switcher rather than a pure switcher, since it was capable of road speeds up to or so. The new model MP15DC designation thus m ...
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EMD GP40-2
The EMD GP40-2 is a 4-axle diesel locomotive built by General Motors Electro-Motive Division as part of its Dash 2 line between April 1972 and December 1986. The locomotive's power is provided by an EMD 645E3 16-cylinder engine which generates . Production Standard GP40-2 production totaled 861 units, with 817 built for U.S. railroads, and 44 for Mexican railroads. In addition, three GP40P-2s, passenger versions of the GP40-2, were built in 1974 and 279 were built by General Motors Diesel (GMD) between 1974 and 1976. Total production of the GP40-2 and its variations totaled 1,143 units. Performance With the 62:15 gearing (65-70 mph maximum) EMD rated the GP40-2 at 55,400 lb continuous tractive effort. Some had PF21 module that reduced the output below 23 mph, lowering continuous speed down to 11 mph. Original buyers ;GP40-2LW ;GP40P-2 Preservation Sonora Baja California 2107 is now preserved in a Museum in Mexicali, MX See also *List of ...
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EMD GP38-2
The EMD GP38-2 is an American four-axle diesel-electric locomotive built by General Motors, Electro-Motive Division. Part of the EMD Dash 2 line, the GP38-2 was an upgraded version of the earlier GP38. Power is provided by an EMD 645E 16-cylinder engine, which generates 2,000 horsepower (1.5 MW). GP38-2W The GP38-2W is a Canadian variant of the GP38-2. It is easily distinguished by its wide-nose Canadian comfort cab. 51 of these locomotives were produced for the Canadian National Railway during 1973–1974. Although a W is commonly suffixed to the name, it is actually an addition by enthusiasts to help specify the presence of a CN-spec comfort cab. No locomotives built using CN's design of comfort cab ever featured a W in their designation, as the presence of the cab did not mechanically alter the locomotive. This is reflected by the lack of the "W" in the model designation on the builders' plates of these units. There are snow shields above the inertial-filter central a ...
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Tank Car
A tank car ( International Union of Railways (UIC): tank wagon) is a type of railroad car (UIC: railway car) or rolling stock designed to transport liquid and gaseous commodities. History Timeline The following major events occurred in the years noted: *1865: Flatcars with banded wooden planks or decking mounted on top are employed for the first time to transport crude oil from the fields of Pennsylvania during the Pennsylvanian oil rush. Laurence Myers of Philadelphia invented the ''Rotary Oil Car'', as he named it. It was an improvement on a patent from 1851 of a freight car for transporting coal. The new invention patented on July 18, 1865, was for the transportation of crude oil and petroleum. It was the first appearance of an oil tank on a railroad flatcar. Three books mention his invention. *1869: Wrought iron tanks, with an approximate capacity of per car, replace wooden tanks. *1888: Tank-car manufacturers sell units directly to the oil companies, with capaciti ...
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Hopper Car
A hopper car (US) or hopper wagon ( UIC) is a type of railroad freight car used to transport loose bulk commodities such as coal, ore, grain, and track ballast. Two main types of hopper car exist: covered hopper cars, which are equipped with a roof, and open hopper cars, which do not have a roof. This type of car is distinguished from a gondola car in that it has opening doors on the underside or on the sides to discharge its cargo. The development of the hopper car went along with the development of automated handling of such commodities, with automated loading and unloading facilities. Covered hopper cars are used for bulk cargo such as grain, sugar, and fertilizer that must be protected from exposure to the weather. Open hopper cars are used for commodities such as coal, which can suffer exposure with less detrimental effect. Hopper cars have been used by railways worldwide whenever automated cargo handling has been desired. "Ore jennies" is predominantly a term for shorter ...
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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 ...
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Gondola (rail)
In US railroad terminology, a gondola is an open-topped rail vehicle used for transporting loose bulk materials. Because of their low side walls, gondolas are also suitable for the carriage of such high-density cargos as steel plates or coils, or of bulky items such as prefabricated sections of rail track. Gondolas are distinct from hopper cars in that they do not have doors on their floor to empty cargo. In Australia these wagons are called ''open wagons''. History The first gondola cars in North America were developed in the 1830s, and used primarily to carry coal. Early gondolas were little more than flatcars with wooden sides added, and were typically small – or less in length, and or less in weight. These cars were not widely used at first, as they could only be unloaded by workers shoveling out their cargo by hand, a slow and labor-intensive process. A solution for this problem was developed around the 1860s with the drop-bottom gondola, which had hatches installed ...
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