RAILWAY AGE, JUNE 2021 ISSUE: Welcome to the 2021 Guide to Equipment Leasing. Let’s start out by addressing the space in the room left by the exiting elephant: The U.S. economy and its residents clearly are looking forward to the end of the pandemic era and the opening of the economy.
How deep is the current downturn in the operating lease market? Will there be fundamental changes in the lease market related to the mix of softening demand, PSR and modal change that
CIT Group Inc. announced that Robert Rubino has been named president of CIT Bank, N.A., the banking subsidiary of CIT, and head of Commercial Banking, effective Feb. 25.
The Chicago South Shore & South Bend Railroad (CSS) has added 100 covered steel coil cars to support the shipping needs of Burns Harbor, Ind.-based ArcelorMittal, its largest customer. CIT Rail is leasing the 100-ton-capacity cars to CSS.
CIT Group said early Monday, Feb. 3, 2014 it has acquired Paris-based Nacco SAS, “one of the largest independent full service railcar lessors in Europe.”
