Wells Fargo Rail (

reporting marks A reporting mark is a code used to identify owners or lessees of rolling stock and other equipment used on certain rail transport networks. The code typically reflects the name or identifying number of the owner, lessee, or operator of the equip ...

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 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. G ...

, which Wells Fargo purchased from GE in September 2015. The new company/name took effect January 1, 2016, and is based in

Rosemont, Illinois Rosemont is a village in Cook County, Illinois, United States. Located immediately northwest of Chicago, as of the 2010 census it had a population of 4,202. The village was incorporated in 1956, though it had been settled long before that. Whi ...

, 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

Autorack An autorack, also known as an auto carrier (also car transporter outside the US), is a specialized piece of railroad rolling stock used to transport automobiles and light trucks. Autoracks are used to transport new vehicles from factories to ...

s—for transporting vehicles, can be bi-level or tri-level *

Box car A boxcar is the North American (AAR) term for a railroad car that is enclosed and generally used to carry freight. The boxcar, while not the simplest freight car design, is considered one of the most versatile since it can carry most loa ...

s *

Flatcar A flatcar (US) (also flat car, or flatbed) is a piece of rolling stock that consists of an open, flat deck mounted on a pair of trucks (US) or bogies (UK), one at each end containing four or six wheels. Occasionally, flat cars designed to carry ...

s **

Centerbeam flatcar A flatcar (US) (also flat car, or flatbed) is a piece of rolling stock that consists of an open, flat deck mounted on a pair of trucks (US) or bogies (UK), one at each end containing four or six wheels. Occasionally, flat cars designed to carry ...

* Gondolas - (Rotary Dump Coal Gondola) *

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 ...

s - (Both Covered & Open Hoppers) * Intermodals ** Double stacked Intermodals *

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 ...

Locomotives

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-cyl ...

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 ...

* EMD MP15DC/

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 ...

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-horsep ...

Services

Wells Fargo Rail provides various services to its rail customers. It of course leases the railcars and locomotives, but also provides the financing for the leases (Operating Leases, Net Lease, Full Service Lease and Car Hire Arrangement), and also Sale/Leaseback (buying rail stock from company and leasing it back to them), Portfolio Acquisitions, Asset Sales and Lease/Sublease. It also offers Management Services and various Marketing Services.

References

External links

Wells Fargo Rail webpage
{{Wells Fargo Companies based in Chicago Rolling stock leasing companies Wells Fargo