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News Stories (6 Results) - CIT Rail

CIT Group Inc. announced the appointment of Randy Kaploe to the senior leadership team of CIT’s Rail division.Kaploe joins as senior vice president and will lead the Rail division’s sales efforts along the U.S. Gulf Coast, in Mexico and in Western... Read Story
June 20, 2018, 07:25 AM

CIT Group announced leadership updates as the company continues to focus on growth and development of its core business lines. Mike Jones, who previously led the company's Equipment Finance business, was named president of the Business Capital unit... Read Story
January 25, 2018, 07:23 AM

CIT Group announced that it reached a definitive agreement to sell NACCO, the European rail leasing business, to German-based VTG Aktiengesellschaft (VTG) for a purchase price of EUR 780 million, or $890 million USD based on current exchange rates... Read Story
July 05, 2017, 07:15 AM

CIT Group Inc. announced that CIT Rail, a full service lessor and owner of one of the youngest, most diversified fleets of rail assets in North America and Europe, appointed Ken Pierson as Senior Vice President and General Manager, Locomotives. He... Read Story
June 03, 2014, 06:46 AM

CIT Group announced that CIT Rail, the third largest railcar lessor in North America, has placed orders for an additional 3,000 tank cars from multiple manufacturers. Deliveries are scheduled to begin in 2014.  “These new car orders demonstrate CIT... Read Story
July 31, 2012, 07:05 AM

CIT Group announced that CIT Rail, the third largest railcar lessor in North America, ordered 3,500 railcars from multiple manufacturers with deliveries scheduled throughout 2012 and 2013. These orders are for various tank car models that support the... Read Story
June 05, 2012, 06:00 AM