Sumitomo Mitsui Financial Group (collectively, SMBC Group) and ITE Management L.P. (ITE), an investment firm specializing in industrial transportation assets and infrastructure, announced that an affiliate of ITE has agreed to acquire SMBC Rail...
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November 08, 2023, 07:20 AM
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American Industrial Transport has acquired the railcar leasing business from The Andersons, Inc. for approximately $550 million in cash. AITX and its affiliates now can offer customers a leasing fleet of approximately 60,000 railcars across a diverse...
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August 17, 2021, 07:32 AM
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