Rolling Stock Company
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Rolling Stock Company
A rolling stock company (ROSCO) or rolling stock leasing company owns and maintains railway engines and carriages which are leased to train operating companies who operate the trains. Africa * Sheltam Grindrod * Swifambo Rail Leasing Australia *Rail First Asset Management Europe *Alpha Trains * Macquarie European Rail United States * Chicago Freight Car Leasing Company (CFCL) United Kingdom *Angel Trains *Beacon Rail *Europhoenix *Eversholt Rail Group *Porterbrook *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 ... References Rolling stock leasing companies {{UK-rail-transport-stub ...
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Train Operating Company
A train operating company (TOC) is a business operating Passenger Trains, passenger trains on the Rail transport in Great Britain, railway system of Great Britain under the collective National Rail brand. TOCs have existed since the Privatisation of British Rail, privatisation of the network under the Railways Act 1993. There are two types of TOC: most hold Passenger rail franchising in Great Britain, franchises let by the Department for Transport through a tendering system, to operate services on certain routes for a specified duration, while a small number of open-access operators hold licences to provide supplementary services on chosen routes. These operators can run services for the duration of the licence validity. The franchised operators have changed considerably since privatisation: previous franchises have been divided, merged, re-let to new operators, or renamed. Some operators have been taken over by a government-owned operator of last resort, due either to failing exp ...
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Sheltam Grindrod
Sheltam is a locomotive hire and repair company that undertakes complete operating contracts and maintenance contracts, based in Port Elizabeth, South Africa. By the year 2000, Sheltam locomotives were operating at Randfontein Estates Gold Mine in Gauteng, and in Mpumalanga at Douglas and Vandyksdrift Collieries and at SAPPI, Ngodwana. They also operated on Spoornet’s Newcastle-Utrecht branch in KwaZulu-Natal and on Kei Rail in the Eastern Cape. Outside South Africa they operate on the Beitbridge Bulawayo Railway (BBR), NLL and Railway Systems of Zambia (RSZ) lines through Zimbabwe and Zambia and in the Democratic Republic of the Congo The Democratic Republic of the Congo (french: République démocratique du Congo (RDC), colloquially "La RDC" ), informally Congo-Kinshasa, DR Congo, the DRC, the DROC, or the Congo, and formerly and also colloquially Zaire, is a country in .... Locomotives Locomotives owned or operated by Sheltam include: * Ex- South African Class ...
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Railways Africa
''Railways Africa'' is a publication covering railways in Africa. It is published 6 times per year in print and weekly online. See also * List of railroad-related periodicals A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby unio ... External links ''Railways Africa'' official website Bi-monthly magazines Magazines established in 1954 Rail transport in Africa Rail transport magazines Magazines published in South Africa English-language magazines published in South Africa {{Africa-rail-transport-stub ...
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Rail First Asset Management
Rail First Asset Management (RailFirst), formerly known as CFCL Australia (CFCLA), is an Australian rolling stock leasing company operating in the rail freight market. It leases assets to a number of private rail operators in the local rail industry, predominantly on the defined interstate rail network. Though primarily based in New South Wales, RailFirst's assets can be found operating in most Australian states and with all major train operating companies. It has rolling stock on both long-term lease to these companies as well as assets that are available for spot hire. It is owned by Anchorage Capital Partners. History CFCL Australia was established in 1998, by the American Chicago Freight Car Leasing Company. Its first contract was for the supply of a small fleet of radio controlled, automated ballast hoppers to Westrail. The first locomotives acquired were 13 members of the EL class from Australian National in November 1998. In 2000, it diversified into wagons. In Mar ...
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Alpha Trains
Alpha Trains is a rolling stock leasing company operating in the European Union and European Free Trade Association (EFTA) regions of mainland Europe. It was created as ''Angel Trains International'' as a spin-off from the British rolling stock leaser Angel Trains in August 2008; as such, its former continental European assets were reallocated to this newly-created entity. In January 2010, the ''Alpha Trains'' branding was adopted by the company. Through the 2010s, the company expanded its presence with a series of acquisitions, buying up rolling stock of the Royal Bank of Scotland (RBS) and Société Générale. New-build locomotives and multiple units were also bought in from manufacturers such as Stadler Rail and Alstom, while existing assets were subject to retrofits to improve their capabilities. Between 2019 and 2021, the ownership of Alpha Trains underwent a series of changes; while the Arcus European Infrastructure Fund and AMP Capital sold their shares to APG, the P ...
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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 ...
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Chicago Freight Car Leasing Company
The Chicago Freight Car Leasing Company provides railcar leasing and management to companies throughout North America for a variety of commodities, including agricultural & food products; chemical & processed mineral products; metals, ores, aggregates, mineral rock/stone, and petroleum productsChicago Freight Car Leasingis a subsidiary oSasser Family Holdings, Inc. Other related companies under Sasser Family Holdings include Union Leasing, CF Asia Pacific, CFCL Australia, CF Rail Services, and NxGen Rail. Australia A daughter company, CFCL Australia, owns and leases the largest private fleet of locomotives and wagons in the Australian market. The company was established in response to the privatization of the former state-based railway Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on ...
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Angel Trains
Angel Trains is a British rolling stock company (ROSCO). Together with Eversholt Rail Group and Porterbrook, it is one of the three original ROSCOs. Angel Trains was established in March 1994 as part of the privatisation of British Rail. In November 1995, it was bought by Nomura Holdings Babcock & Brown and former InterCity (British Rail), InterCity manager John Prideaux. By September of the following year, Angel Trains had contracts with 19 of the 25 train operating company, train operating companies (TOCs) in the UK, and owned approximately 3,755 vehicles. During December 1997, Angel Trains was sold on to the NatWest Group, Royal Bank of Scotland, leading to criticism of the firm having been previously undervalued. The firm quickly expanded into the continental European rail leasing business; this international branch of the firm would be split off as ''Angel Trains International'' during 2008 and was subsequently rebranded as Alpha Trains. In addition to its British Rail-era ...
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Beacon Rail
Beacon Rail is a rolling stock company (ROSCO) based in the United Kingdom. Its primary business is the leasing of locomotives and rolling stock to various train operating companies (TOCs). The company originated within Allco Finance Group's European rolling stock leasing business, which was acquired by the Japanese firm Mitsubishi UFJ Financial Group and rebranded as Beacon Rail shortly thereafter. Initially operating a relatively small fleet, it quickly moved to acquire new rail vehicles, such as the Class 68 and the Class 88, along with the buying out of competing firms such as HSBC Rail and Ascendos Rail Leasing. In 2017, Beacon Rail was purchased by the multinational investment group JPMorgan Chase; at this point, the company had almost 200 locomotives in its inventory. Rolling stock deals with other companies have continued, such as with Colas Rail, Stadler Rail, and the Clayton Equipment Company History In May 2008, Japan's Mitsubishi UFJ Financial Group purchased the E ...
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Europhoenix
Europhoenix is a spot-hire railway locomotive company in England. In addition to the hiring out of locomotives to various other operators across the United Kingdom, it commonly exports former British Rail rolling stock to operators in mainland Europe. The company was founded in 2008 with the project of overhauling stored Class 87 electric locomotives prior to their export to the Bulgarian Railway Company. Further customers would be found by Europhoenix for its refurbished Class 87s and Class 86s in both Bulgaria and Hungary; several Class 56 diesel freight locomotives were also exported in a similar manner. It also provides aftersales technical support for these types to their overseas operators. Throughout the 2010s, Europhoenix purchased a number of Class 37 diesel locomotives, overhauling these and putting them to work for spot-hiring; additional examples were acquired in response to demand from customers such as the Rail Operations Group. The company is reportedly investi ...
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Eversholt Rail Group
Eversholt Rail Group is a British rolling stock company (ROSCO). Together with Angel Trains and Porterbrook, it is one of the three original ROSCOs created as a result of the privatisation of British Rail. Eversholt was established in March 1994 and was promptly privatised one year later via a £580 million management buyout. During February 1997, it was acquired by the Midland Bank and briefly renamed ''Forward Trust'', and again renamed ''HSBC Rail''. The company has primarily operated within the UK market, but between 2000 and 2009, HSBC Rail was also active on the European leasing market as well, before selling off this arm of the business to rival leasing firm Beacon Rail. As HSBC Rail, it was involved in the supply of 28 British Rail Class 395 high speed train sets from Hitachi Europe in a £250million contract. The company also submitted an unsolicited response to the Intercity Express Programme, which was dismissed. In January 2010, HSBC Rail was rebranded back to the Ev ...
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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. ...
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