McCarthy to Lead SMBC Rail Services
Michael McCarthy will succeed Eugene (Gene) Henneberry as President and CEO of railcar lessor SMBC Rail Services.
Michael McCarthy will succeed Eugene (Gene) Henneberry as President and CEO of railcar lessor SMBC Rail Services.
SMBC Rail Services, LLC on June 1 acquired American Railcar Leasing (ARL); all railcars previously leased from ARL (SHPX and ACFX reporting marks) are now owned or managed by SMBC Rail. In addition, American Railcar Industries (ARI) began to directly manage the ARI fleet (AMFX, SHQX reporting marks).
SMBC Rail Services LLC (SMBC Rail), the railcar operating lessor and fleet management division of Sumitomo Mitsui Banking Corp. (SMBC), on June 1 completed its acquisition of American Railcar Leasing LLC. SMBC Rail, headquartered in Chicago, will maintain an operating and sales office in St. Charles / St. Peters, Mo.
Sumitomo Mitsui Banking Corp (SMBC) announced Dec. 19 that its railcar operating lessor and fleet management business, SMBC Rail Services LLC (SMBC Rail), has signed an agreement to purchase American Railcar Leasing LLC (ARL) from Icahn Enterprises L.P.