GATX
GATX Corporation is a railcar lessor that owns fleets in North America, Europe, and Asia. In addition, jointly with Rolls-Royce Limited, it owns one of the largest aircraft spare engine lease portfolios. It is headquartered in Chicago, Illinois. As of December 31, 2020, the company owned 148,939 rail cars, including 83,959 tank cars, 64,980 freight cars, and 645 locomotives. Other major car types owned include covered hoppers, open-top hopper cars, and gondolas. It primarily serves the petroleum industry (29% of 2020 revenues), chemical industry (22% of 2020 revenues), food industry (11% of 2020 revenues), mining industry (10% of 2020 revenues), and transportation industry (20% of 2020 revenues). History The company was founded as Atlantic Seaboard Dispatch in Chicago, Illinois in 1898 by Max Epstein to ship beer in refrigerated railcars for Duquesne Brewing Company. In 1902, the company was renamed German-American Car Co., in 1916 it changed its name to General American T ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
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 s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
List Of S&P 400 Companies
This is a list of companies having stocks that are included in the S&P MidCap 400 ( S&P 400) stock market index. The index, maintained by S&P Dow Jones Indices S&P Dow Jones Indices LLC () is a joint venture between S&P Global, the CME Group, and News Corp that was announced in 2011 and later launched in 2012. It produces, maintains, licenses, and markets stock market indices as benchmarks and as th ..., comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index contains 401 stocks because it includes two share classes of stock from 1 of its component companies. __TOC__ S&P 400 MidCap Index Component Stocks Selected past and announced changes to the list of S&P 400 components S&P Dow Jones Indices updates the components of the S&P 400 periodically, typically in response to acquisitions, or to keep the index up to date as various companies grow or shrink in value. See also * List of S&P 500 companies * List of S&P ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Duquesne Brewing Company
The Duquesne Brewing Company was a major brewery in Pittsburgh, Pennsylvania, from its founding in 1899 until its dissolution in 1972. The brand was revived under the name Duquesne Brewing Company in 2008, in order to re-establish the beer in Western Pennsylvania starting in the summer of 2010. History Founding The Duquesne Brewing Company was officially incorporated on April 4, 1899. The first president was Henry Miller, formerly a furniture salesman. The original trademark of the brand was a depiction of Fort Duquesne (though it actually featured a depiction of the Fort Pitt Blockhouse with the words "Fort Duquesne" underneath it), and the more recognizable "Prince of Pilseners" trademark was added later. The brewery decided to use refrigerated train cars to ship the beer, an innovative move in the early twentieth century. A Chicago stockyard man, Max Epstein, connected Duquesne with Armour and Company, and had Duquesne's company logo emblazoned on one of the cars. At first s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
CIT Group
CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses, primarily in North America. Under the reporting mark CEFX, it leases locomotives and railroad cars to rail transport and shipping companies in North America. It also operates a direct bank. History Founding and early history On February 11, 1908, Henry Ittleson founded the Commercial Credit and Investment Company in St. Louis, Missouri to finance accounts receivable at small companies. In 1915, the company moved its headquarters to New York City and renamed itself Commercial Investment Trust (CIT). By that time, the company provided financing for wholesale suppliers and producers of consumer goods. The company added automobile financ ... [...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 $42 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Edgecliff (Winnetka, Illinois)
Edgecliff (aka the Max Epstein House) is a Samuel Abraham Marx–designed estate in Winnetka, Illinois, in the wealthiest region of Chicago's affluent North Shore suburbs. It is notable for once having the highest residential property taxes in Cook County, Illinois. History Edgecliff was commissioned by Max Epstein when he became chairman of General American Transportation Company in 1929. The building was completed in 1930 by Samuel Abraham Marx. Nathan Cummings, whose business became Consolidated Foods Corporation and then Sara Lee Corporation, purchased the building in 1954 from Epstein's estate. He, his daughter and son-in-law lived there until 1961 when Cummings relocated to New York after remarrying. His son-in-law, Robert Mayer, acquired the house in 1961 and added a art gallery along the south end of the estate. The property had several galleries when it was owned by Buddy and Robert B. Mayer. Terry McKay acquired the property in 1995 for $4.6 million. By 1996, he had ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Dinnerware
Tableware is any dish or dishware used for setting a table, serving food, and dining. It includes cutlery, glassware, serving dishes, and other items for practical as well as decorative purposes. The quality, nature, variety and number of objects varies according to culture, religion, number of diners, cuisine and occasion. For example, Middle Eastern, Indian or Polynesian food culture and cuisine sometimes limits tableware to serving dishes, using bread or leaves as individual plates. Special occasions are usually reflected in higher quality tableware. Cutlery is more usually known as ''silverware'' or ''flatware'' in the United States, where ''cutlery'' usually means knives and related cutting instruments; elsewhere cutlery includes all the forks, spoons and other silverware items. Outside the US, ''flatware'' is a term for "open-shaped" dishware items such as plates, dishes and bowls (as opposed to "closed" shapes like jugs and vases). ''Dinnerware'' is another term use ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Melamine
Melamine is an organic compound with the formula C3H6N6. This white solid is a trimer of cyanamide, with a 1,3,5-triazine skeleton. Like cyanamide, it contains 67% nitrogen by mass, and its derivatives have fire retardant properties due to its release of nitrogen gas when burned or charred. Melamine can be combined with formaldehyde and other agents to produce melamine resins. Such resins are characteristically durable thermosetting plastic used in high pressure decorative laminates such as Formica, melamine dinnerware, laminate flooring, and dry erase boards. Melamine foam is used as insulation, soundproofing material and in polymeric cleaning products, such as Magic Eraser. Melamine was once illegally added to baby formula in China, in order to increase the apparent protein content. Ingestion of melamine may lead to reproductive damage, or bladder or kidney stones, and bladder cancer. It is also an irritant when inhaled or in contact with the skin or eyes. The Uni ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation ( Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companie ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |