Citicorp Railmark Inc. (Citirail)

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Citicorp Railmark Inc.
Citirail Express
FormerlyCiticorp Aerolease
Company type Subsidiary
Industry Locomotive leasing
Founded13 May 1970
Headquarters Chicago, Illinois, United States
Parent Citibank

Citicorp Railmark Inc. (trading as Citirail Express) ( reporting mark CREX) is a company that leases locomotives to railroads as needed. The company is a subsidiary of Citibank, which itself is a division of Citigroup. It was formerly known as Citicorp Aerolease, and was first formed on May 13, 1970. [1]

Contents

Locomotives

Citirail used to have 167 locomotives, and now only has 1 locomotive due to the rest of the locomotives sold, or leased, which are listed here: [2]

ModelQuantityNumbersNotes
GE ES44AC 151201–1215Built 2012. All sold to CN.
501301–1350Built 2013. All sold to CN. 1331 was wrecked and retired.
351401–1435Built 2014. All sold to CN.
251501–1525Built 2015. All sold to CN except 1504-1505, which went to ArcelorMittal Liberia. These are Tier 4 credit units.
EMD SD40-2 16214
GE C40-8 412026, 9023–9037, 9039-9048, 9050-9064Ex-Union Pacific Railroad, née C&NW. 9049 was renumbered to 2026. All were sold to CN.

References

  1. "Citicorp Railmark Inc". Bloomberg.
  2. Craig, R. (22 July 2019). "CitiCorp Railmark". The Diesel Shop.