Railcar Leasing and Sales

RESIDCO is an industry leader in railcar leasing. As a highly experienced and sophisticated rail investor, we provide value to our lessees through net and full-service operating leases, lease restructurings, modifications, and fleet optimization projects. We integrate our wide knowledge of all freight car and locomotive types with custom financial structures as necessary to achieve the most competitive rent outcomes.

Open Top Hopper Cars

RESIDCO currently has 3,235 cubic feet open top hoppers available for immediate sale or lease.

These units have recently been through a major modification program. RESIDCO worked with industry experts to engineer and modify a 1988 built, 100-ton bulk commodity aluminum hopper car.

All design, fabrication and construction of these newly modified 3,235 cfc railcars were performed in accordance with AAR guidelines.

General Car Type	Specifications
Cubic Capacity	3,235 cfc
Builder/Year	Trinity/1988 Built
Service/AAR Type	Bulk Commodity/K345
Compartments	3 Pocket
Gate Style	Rapid Discharge
Unloading Process	Pneumatic/Manual
Max. Gross Load	268,000 lb.
Avg. Load Limit	221,700 lb.
Avg. Tare Weight	46,300 lb.

For more information please contact:

Kevin Bahnline at 312-726-4163 (Central/Midwestern US)

Mike Lewicki at 617-320-4878 (Eastern US)

Greg Schmid at 312-726-3441 (Managing Director)

Brian Harris at 847-732-3153 (Western US/Railroads)

Steel Rotary Gondolas

RESIDCO currently has 4,400 cu ft. rotary steel tub bottom gondolas available for immediate lease.

These 1980’s built cars have been maintained to the highest industry standards and have only been used in rotary service since built. These heavy duty cars were designed and built to eliminate the need for interior bracing while maximizing loading capability.

The cars were built with Barber S-2 wheel trucks and truck mounted air brake piston. All cars are centrally located in the Midwest and are available for immediate inspection or delivery.

RESIDCO is a highly experienced and sophisticated rail investor, providing value to our Lessee’s through both net and full service operating leases.

General Car Type	Specifications
Cubic Capacity	4,400 cfc
Builder/ Year	Nat. Steel/ Early to Mid 1980’s
AAR Type	J312
Floor Design	Tub
Rotary Coupler	A side
Lining Material	Synthetic
Max. Gross Load	268,000 / 286,000 GRL
Avg. Load Limit	214,300 / 232,000 lbs.
Avg. Tare Weight	53,700 / 54,000 lbs.
Outside Length	58 ft. 7 in
Outside Extreme Width	10 ft. 8 in
Outside Extreme Height	12 ft. 4 in

For more information please contact:

Kevin Bahnline at 312-726-4163 (Central/Midwestern US)

Mike Lewicki at 617-320-4878 (Eastern US)

Greg Schmid at 312-726-3441 (Managing Director)

Brian Harris at 847-732-3153 (Western US/Railroads)

Covered Hoppers

RESIDCO currently has numerous groups of 263,000 and 268,000 GRL Covered Hoppers strategically placed in many midwest states.

RESIDCO is a highly experienced and sophisticated rail investor, providing value to our Lessee’s through both net and full service operating leases.

General Car Type	Specifications
Cubic Capacity	4,750 cfc
Builder/ Year	Pullman / Thrall 1979-80
AAR Type	C113
Compartments	3 Pocket
Gate Style	Gravity
Max. Gross Load	263,000 / 268,000 GRL
Avg. Load Limit	198,800 / 203,800 lbs.
Avg. Tare Weight	64,200 lbs.
Outside Length	60 ft.
Outside Extreme Width	10 ft. 6 in
Outside Extreme Height	15 ft.
Truck Center Length	45 ft. 9 in

For more information please contact:

Kevin Bahnline at 312-726-4163 (Central/Midwestern US)

Mike Lewicki at 617-320-4878 (Eastern US)

Greg Schmid at 312-726-3441 (Managing Director)

Brian Harris at 847-732-3153 (Western US/Railroads)

High Side Gondolas

RESIDCO currently has 4,000 cubic feet High Side Gondolas available for immediate sale or lease.

RESIDCO is a highly experienced and sophisticated rail investor, providing value to our Lessee’s through both net and full service operating leases.

General Car Type	Specifications
Cubic Capacity	4,000 cfc
Year	1980
AAR Type	J301
Floor Design	Flat Bottom
Max. Gross Load	263,000 lb.
Avg. Load Limit	202,000 lb.
Avg. Tare Weight	61,000 lb.
Outside Length	53 ft. 1 in
Outside Extreme Width	10 ft. 8 in
Outside Extreme Height	12 ft. 3 in
Inside Length	47 ft
Inside Width	9 ft. 10 in
Inside Height	8 ft. 8 in

For more information please contact:

Kevin Bahnline at 312-726-4163 (Central/Midwestern US)

Mike Lewicki at 617-320-4878 (Eastern US)

Greg Schmid at 312-726-3441 (Managing Director)

Brian Harris at 847-732-3153 (Western US/Railroads)

Mill Gondolas

RESIDCO currently has 2,500 cubic feet Mill Gondolas available for immediate sale or lease.

RESIDCO is a highly experienced and sophisticated rail investor, providing value to our Lessee’s through both net and full service operating leases.

General Car Type	Specifications
Cubic Capacity	2,500 cfc
Year	1981
AAR Type	E534
Floor Design	Flat Bottom
Max. Gross Load	263,000 lb.
Avg. Load Limit	195,500 lb.
Avg. Tare Weight	67,500 lb.
Outside Length	64 ft. 8 in
Outside Extreme Width	10 ft. 8 in
Outside Extreme Height	15 ft. 6 in
Inside Length	52 ft. 6 in
Inside Width	9 ft. 6 in
Inside Height	5 ft.

For more information please contact:

Kevin Bahnline at 312-726-4163 (Central/Midwestern US)

Mike Lewicki at 617-320-4878 (Eastern US)

Greg Schmid at 312-726-3441 (Managing Director)

Brian Harris at 847-732-3153 (Western US/Railroads)

Mill Gondolas

RESIDCO currently has 2,743 cubic feet Mill Gondolas available for immediate sale or lease.

RESIDCO is a highly experienced and sophisticated rail investor, providing value to our Lessee’s through both net and full service operating leases.

General Car Type	Specifications
Cubic Capacity	2,743 cfc
Year	1998
AAR Type	G519
Floor Design	Flat Bottom
Max. Gross Load	286,000 lb.
Avg. Load Limit	220,500 lb.
Avg. Tare Weight	65,500 lb.
Outside Length	56 ft. 11 in
Outside Extreme Width	10 ft. 6 in
Outside Extreme Height	9 ft. 2 in
Inside Length	52 ft. 6 in
Inside Width	9 ft. 6 in
Inside Height	5 ft. 6 in

For more information please contact:

Kevin Bahnline at 312-726-4163 (Central/Midwestern US)

Mike Lewicki at 617-320-4878 (Eastern US)

Greg Schmid at 312-726-3441 (Managing Director)

Brian Harris at 847-732-3153 (Western US/Railroads)

Covered Hoppers

RESIDCO currently has 5,161 cubic feet Covered Hoppers available for immediate sale or lease.

RESIDCO is a highly experienced and sophisticated rail investor, providing value to our Lessee’s through both net and full service operating leases.

General Car Type	Specifications
Cubic Capacity	5,161 cfc
Year	1996
AAR Type	C114
Compartments	3 Pocket
Gate Style	Gravity
Roof	Trough
Coating	None
Max. Gross Load	286,000 lb.
Avg. Load Limit	223,500 lb.
Avg. Tare Weight	62,500 lb.
Outside Length	60 ft. 1 in
Outside Extreme Width	10 ft. 8 in
Outside Extreme Height	15 ft. 6 in
Truck Center Length	45 ft. 9 in

For more information please contact:

Kevin Bahnline at 312-726-4163 (Central/Midwestern US)

Mike Lewicki at 617-320-4878 (Eastern US)

Greg Schmid at 312-726-3441 (Managing Director)

Brian Harris at 847-732-3153 (Western US/Railroads)

REQUEST INFORMATION

AVAILABLE ASSETS

Open Top Hopper Cars
- 3,235 CFC
- Trinity/1988 Built
- Bulk Commodity/K345
See detail >
Steel Rotary Gondolas
- 4,400 CFC
- 1980's Built
- AAR Type - J312
See detail >
Covered Hoppers
- 4,750 CFC
- Pullman / Thrall 1979-80
- AAR Type - C113
See detail >
High Side Gondolas
- 4,000 CFC
- 1980's Built
- 268,000 GRL
See detail >
Mill Gondolas
- 2,500 CFC
- 1981 Built
- 263,000 GRL
See detail >
Mill Gondolas
- 2,743 CFC
- 1998 Built
- 286,000 GRL
See detail >
Covered Hoppers
- 5,161 CFC
- 1996 Built
- 286,000 GRL
See detail >

CONTACTS

Greg Schmid

Managing Director – Rail
schmid@residco.com
312-726-3441

Greg Schmid leads RESIDCO’s rail team and oversees the management and remarketing of railcar and locomotive investments. Mr. Schmid is a railcar and locomotive equipment specialist, with over 20 years of creatively engaging the railroad industry with his market expertise.

Kevin Bahnline

Senior Director – Rail Central/Midwest
bahnline@residco.com
312-726-4163

Kevin is responsible for railcar marketing activity in the Central and Western United States. He has nearly 20 years of North American freight and passenger rail experience.

Michael Lewicki portrait. Photo by Andrew Collings.

Mike Lewicki

Director – Rail East
lewicki@residco.com
617-320-4878

Michael Lewicki is responsible for railcar marketing activity in the Eastern and Southwestern United States. Mr. Lewicki has over 30 years’ experience in the North American freight railcar industry.

Brian Harris

Director – Rail West/Railroads
harris@residco.com
847-732-3153

Brian is responsible for railcar marketing activity in the Western United States as well as most railroads around the country. Prior to joining RESIDCO he was President of C.K. Industries, an operating lease company acquired by RESIDCO through a joint venture in 2021. Mr. Harris brings over 20 years’ experience in the rail industry, including over a decade in operations at a major Class I railroad.

RAIL LEASING

HISTORY

RESIDCO is a highly experienced and sophisticated rail investor, providing value to our lessees through both net and full-service operating leases. RESIDCO started in 1982 by syndicating and remarketing rail equipment for financial institutions, often toward the later years of long-term leveraged leases. We have since grown to have our own thriving operating lease business. We can attribute our expanding market presence to investing in quality assets, expedited execution, end-user market knowledge, extensive technical expertise, relationships with financial institutions, and customer-focused approach.

LOCOMOTIVE LEASING & LOCOMOTIVE SALES

RESIDCO has invested in and remarketed hundreds of locomotives over three decades. We have expertise in four and six axle locomotive marketplaces. RESIDCO has the skill to acquire assets, manage rebuild projects to customer specifications, and provide lease structures tailored to the needs of our lessees. We have invested in numerous locomotive types, including GP-38-2, MP-15, SD-75M, and SD-40-2 locomotives.

RAILCAR LEASING & RAILCAR SALES

RESIDCO’s strength lies in our willingness to take a wide variety of positions in railcar types to serve our customers. We have remarketed, syndicated, or invested in thousands of freight cars representing every major car type since our inception in 1982. Our fleet of 8,000 rail cars includes small, medium, and high cube covered hoppers for grain, plastics, and other commodities; low and high sided steel gondolas; 286k high-capacity coal hoppers and gondolas; and a wide variety of general purpose tank cars and tank cars for acid service.

RESIDCO – A SOPHISTICATED METAL PLAYER

While there are many different types of leasing companies in the rail industry, few are true “metal” players like RESIDCO. Our skill and willingness to acquire freight cars and locomotives without a lease encumbrance set us apart. We also offer fleet optimization solutions through trading programs whereby we will acquire a client’s unwanted cars and supply alternative equipment that more effectively meets their needs. We work diligently to repair or modify and place available equipment using our knowledge of the inner lessee marketplace, thereby providing incremental value to this critical industry.

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Railcar Leasing and Sales

Open Top Hopper Cars

Steel Rotary Gondolas

Covered Hoppers

High Side Gondolas

Mill Gondolas

Mill Gondolas

Covered Hoppers

REQUEST INFORMATION

AVAILABLE ASSETS

Open Top Hopper Cars

Steel Rotary Gondolas

Covered Hoppers

High Side Gondolas

Mill Gondolas

Mill Gondolas

Covered Hoppers

CONTACTS

Greg Schmid

Kevin Bahnline

Mike Lewicki

Brian Harris

Contact Us

RAIL LEASING

RAIL INSIGHTS

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