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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric Logo
A general officer is an officer of high rank in the armies, and in some nations' air forces, space forces, and marines or naval infantry. In some usages the term "general officer" refers to a rank above colonel."general, adj. and n.". OED Online. March 2021. Oxford University Press. https://www.oed.com/view/Entry/77489?rskey=dCKrg4&result=1 (accessed May 11, 2021) The term ''general'' is used in two ways: as the generic title for all grades of general officer and as a specific rank. It originates in the 16th century, as a shortening of ''captain general'', which rank was taken from Middle French ''capitaine général''. The adjective ''general'' had been affixed to officer designations since the late medieval period to indicate relative superiority or an extended jurisdiction. Today, the title of ''general'' is known in some countries as a four-star rank. However, different countries use different systems of stars or other insignia for senior ranks. It has a NATO rank scal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boxcar
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 loads. Boxcars have side sliding doors of varying size and operation, and some include end doors and adjustable bulkheads to load very large items. Similar covered freight cars outside North America are covered goods wagons and, depending on the region, are called ''goods van'' ( UK and Australia), ''covered wagon'' ( UIC and UK) or simply ''van'' (UIC, UK and Australia). Use Boxcars can carry most kinds of freight. Originally they were hand-loaded, but in more recent years mechanical assistance such as forklifts have been used to load and empty them faster. Their generalized design is still slower to load and unload than specialized designs of car, and this partially explains the decline in boxcar numbers since World War II. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Procor
Procor is a Canadian company producing railway shipping cars. It is Canada's largest private rail car rental fleet, with more than 30,000 conventional and special-purpose tank and freight cars. Linked to Sparling Tank Car of Toronto, Procor was founded in 1952 as Products Tank Line Limited and became an affiliate of US-based Union Tank Car Company. The company, which shortened its name to Procor in 1962, is headquartered in Oakville, Ontario. Manufacturing and Repair Procor manufactured cars in its Oakville shops until 2002, but now sources from parent Union Tank Car's plant in Alexandria, Louisiana and Sheldon, Texas. List of cars once manufactured by Procor: * Hopper car * Tank car - (sulphuric acid, LPG, ethanol) * Funnel flow tank car * Coal gondola Procor operates from numerous locations across Canada. Repair Shops * Joffre, Alberta * Edmonton, Alberta * Regina, Saskatchewan * Sarnia, Ontario * Oakville, Ontario Mobile/mini shops * Regina West * Prince George, Briti ... [...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] |
Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, Rail transport, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Oregonian
''The Oregonian'' is a daily newspaper based in Portland, Oregon, United States, owned by Advance Publications. It is the oldest continuously published newspaper on the U.S. west coast, founded as a weekly by Thomas J. Dryer on December 4, 1850, and published daily since 1861. It is the largest newspaper in Oregon and the second largest in the Pacific Northwest by circulation. It is one of the few newspapers with a statewide focus in the United States. The Sunday edition is published under the title ''The Sunday Oregonian''. The regular edition was published under the title ''The Morning Oregonian'' from 1861 until 1937. ''The Oregonian'' received the 2001 Pulitzer Prize for Public Service, the only gold medal annually awarded by the organization. The paper's staff or individual writers have received seven other Pulitzer Prizes, most recently the award for Editorial Writing in 2014. ''The Oregonian'' is home-delivered throughout Multnomah, Washington, Clackamas, and Yamhill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Greenbrier Companies
The Greenbrier Companies is an American publicly traded transportation manufacturing corporation based in Lake Oswego, Oregon, United States. Greenbrier specializes in transportation services, notably marine barge and freight railcar manufacturing, railcar refurbishment and railcar leasing/management services. The company is one of the leading designers, manufacturers and marketers of rail freight equipment in North America and Europe. It also has operations in South America and Turkey. Greenbrier is a leading provider of wheelsets, parts, management, leasing and other services to the railroad and related transportation industries in North America. As of August 31, 2021, Greenbrier employs 12,155 people across its global operations. Formed in 1981 and publicly traded since 1994, the company generates revenues of US$2.8 billion. The company has manufacturing facilities in Portland, Oregon; Paragould and Marmaduke, Arkansas; Świdnica, Poland; Hortolândia, Brazil; and Adana, Tur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Late-2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GATX Corp
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 Tank Ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Car And Foundry Company
ACF Industries, originally the American Car and Foundry Company (abbreviated as ACF), is an American manufacturer of railroad rolling stock. One of its subsidiaries was once (1925–54) a manufacturer of motor coaches and trolley coaches under the brand names of (first) ACF and (later) ACF-Brill. Today, the company is known as ACF Industries LLC and is based in St. Charles, Missouri. It is owned by investor Carl Icahn. History The American Car and Foundry Company was originally formed and incorporated in New Jersey in 1899 as a result of the merger of thirteen smaller railroad car manufacturers. The company was made up of: Later in 1899, ACF acquired the Bloomsburg Car Manufacturing Company of Bloomsburg, Pennsylvania. Orders for new freight cars were made very quickly, with several hundred cars ordered in the first year alone. Two years later, ACF acquired the Jackson and Sharp Company (founded 1863 in Wilmington, Delaware) and the Common Sense Bolster Company (of Chica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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