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Transportation · Historical railcar leasing · divestitures 2015–2016
GE Rail Services · Railcar Leasing
Tank cars, freight cars and repair shops across the rail network.
Vintage-style artistic recreation of GE's historic businesses.
01
Business history
GE Rail Services leased railcars and ran railcar-repair facilities, serving freight railroads and shippers alongside—but separately from—GE Transportation’s locomotive manufacturing.
On September 30, 2015, GE sold its tank-car fleet to Marmon Holdings and announced separate agreements to sell its railcar-repair facilities to Marmon and the remaining GE Railcar Services leasing business to Wells Fargo. Wells Fargo’s railcar-leasing acquisition closed on January 1, 2016. This was a set of transactions with different buyers and closing dates, not a single sale of the whole business to one company.
02
Major products & innovations
- ✦ Tank-car leasing
- ✦ Railcar leasing
- ✦ Railcar repair services
03
Heritage illustration
04
Employee memories
No approved memories from GE Rail Services · Railcar Leasing yet. Be the first to share one.
Share your story05
GE Jokes
The sixth why
We asked the five whys. We found the root cause. Then the manager asked a sixth why.
We're still in that conference room.
06
GE Garfield
07
GE Motivational Quotes
No turbine was ever built by one person. Every one of those hands mattered.
08
GE Legend Collectable Cards
09
GE Honorable Mentions
Know someone from GE Rail Services · Railcar Leasing who deserves recognition — or is it your own story?
Nominate a GE legend10
