|
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] |
General Electric Logo
A general officer is an officer of high rank in the armies, and in some nations' air and space forces, 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 adjective ''general'' had been affixed to officer designations since the late medieval period to indicate relative superiority or an extended jurisdiction. French Revolutionary system Arab system Other variations Other nomenclatures for general officers include the titles and ranks: * Adjutant general * Commandant-general * Inspector general * General-in-chief * General of the Air Force (USAF only) * General of the Armies of the United States (of America), a title created for General John J. Pershing, and subsequently granted posthumously to George Washington and Ulysses S. Grant * (" general admiral" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Itel Corporation
Hitachi Data Systems (HDS) was a provider of modular mid-range and high-end computer data storage systems, software, and services. Its operations are now a part of Hitachi Vantara. In 2010, Hitachi Data Systems sold through direct and indirect channels in more than 170 countries and regions, with customers that included over half of the Fortune 100 companies at the time. It was a subsidiary of Hitachi and part of the Hitachi Information Systems & Telecommunications Division until 2017. In 2017, it merged with Pentaho and Hitachi Insight Group to form Hitachi Vantara. History Origin as Itel Itel was founded in 1967 by Peter Redfield and Gary Friedman as an equipment leasing company and initially focused on leasing IBM mainframes. Through creative financial arrangements and investments, Itel began to lease IBM mainframes to customers at lower costs, which led to Itel ranking second to IBM in revenues. In 1977, a joint venture between National Semiconductor and Hitachi formed, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Rolling-stock Leasing Companies
List of rolling-stock leasing companies. Australia * CFCL Australia * Consolidated Rail Leasing Germany * Railpool Ireland * NS Financial Services Company Japan * Mitsui Rail Capital Luxembourg * CBrail Netherlands * GE Capital Rail Services (Europe) South Africa * Sheltam Sweden * Transitio Switzerland * European Loc Pool United Kingdom * Angel Trains * Beacon Rail * Caledonian Rail Leasing * Eversholt Rail Group * GE Capital * Halifax Asset Finance * Macquarie European Rail * Lombard North Central * Porterbrook * Rock Rail United States * Citirail * First Union Rail (formerly) * GE Capital Rail Services (formerly) * Marmon Holdings ** Union Tank Car Company * Wells Fargo Rail References {{DEFAULTSORT:Rolling-stock leasing companies * Rolling stock leasing companies Rolling is a type of motion that combines rotation (commonly, of an axially symmetric object) and translation of that object with respect to a surface (either one or the other moves), such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Transportation Systems
GE Transportation is a division of Wabtec. It was known as GE Rail and owned by General Electric until sold to Wabtec on February 25, 2019. The organization manufactures equipment for the railroad, marine, mining, drilling and energy generation industries. The company was founded in 1907. It is headquartered in Pittsburgh, Pennsylvania, while its main manufacturing facility is located in Erie, Pennsylvania. Locomotives are assembled at the Erie plant, while engine manufacturing takes place in Grove City, Pennsylvania. In May 2011, the company announced plans to build a second locomotive factory in Fort Worth, Texas, which opened in January 2013. Rail products GE Transportation is the largest producer of diesel–electric locomotives for both freight and passenger applications in North America, believed to hold up to a 70% market share of that market. The only other significant competitor is Caterpillar-owned Electro-Motive Diesel, holding an approximate 30% market share. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Investment
In economics, net investment is spending which increases the availability of fixed capital goods or means of production and goods inventories. It is the total spending on newly produced physical capital (fixed investment) and on inventories (inventory investment)—that is, gross investment—minus replacement investment, which simply replaces depreciated capital goods. It is productive capital formation plus net additions to the stock of housing and the stock of inventories Inventory (British English) or stock (American English) is a quantity of the goods and materials that a business holds for the ultimate goal of resale, production or utilisation. Inventory management is a discipline primarily about specifying .... This figure provides a sense of the real expenditure on durable goods. References Investment {{Finance-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wells Fargo
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four (banking)#United States, Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup. The company's primary subsidiary is Wells Fargo Bank, N.A., a National bank (United States), national bank that designates its Sioux Falls, South Dakota, site as its main office (and therefore is treated by most U.S. federal courts as a citizen of South Dakota).Rouse v. Wachovia Mortgage, FSB', 747 F.3d 707 (9th Cir. 2014) (citing cases on each side of circuit split and joining majority rule that a national bank is only a citizen of the state in which its main office is located). It is the List of largest banks in the U ... [...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, Bri ... [...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. History The company was founded in 1866 as the "Star Tank Line" by Captain Jacob J. Vandergrift (1827–1899), in response to the economic activities of John D. Rockefeller in the years leading up to his creation of Standard Oil.Union Tank Car Co. on ''Encyclopedia of Chicago'' Vandergrift was involved in the conflicts in the oil regions of Western Pennsylvania in the 1860s–1870s.Jacob J. Vandergrift ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berkshire Hathaway
Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023). Greg Abel now oversees most of the company's investments and has been named as Buffett's successor. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company. The company is often compared to an investment fund; between 1965, when Buffett gained control of the company, and 2023, the company's shareholder returns amounted to a compound annual growth rate (CAGR) of 19.8% compared to a 10.2% CAGR for the S&P 500. However, in the 10 years ending in 2023, Berkshire Hathaway produced a CAGR of 11.8% for shareholders, compared to a 12.0% CAGR for the S&P 500. From 1965 to 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the 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 freight Railroad car#Freight cars, 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, Poland, Romania and Turkey. Greenbrier is a leading provider of railcars, wheelsets, parts, management, leasing and other services to the railroad and related transportation industries in North America. As of August 31, 2021, Greenbrier employs 15,400 people across its global operations. Formed in 1981 and publicly traded since 1994, the company generates revenues of US$3.49 billion. The company has manufacturing facilities in Paragould, Arkansas, Paragould and Marmaduke, Arkansas, Marmaduke, Arkans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Late-2000s Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions” United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009. The scale and timing of the varied from country to country (see map). At the time, the |
