RESIDCO is a highly experienced and sophisticated rail investor, providing value to our lessees through net & 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.
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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 this newly modified 3,235 cfc railcar were performed in accordance with all AAR guidelines.
RESIDCO is a highly experienced and sophisticated rail investor, providing value to our Lessee’s through both net and full service operating leases.
For more information please contact: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.
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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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.
For more information please contact: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
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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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.
For more information please contact: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
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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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.
For more information please contact: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
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Open Top Hoppers
RESIDCO currently has 3,610 cubic feet Open Top 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
3,610 cfc
Year
1990
AAR Type
H351
Compartments
4 Pocket
Gate Style
Gravity
Max. Gross Load
263,000 lb.
Avg. Load Limit
197,900 lb.
Avg. Tare Weight
65,100 lb.
Outside Length
53 ft. 1 in
Outside Extreme Width
10 ft. 8 in
Outside Extreme Height
12 ft. 8 in
Slope Sheets
45 Degree
Truck Center Length
40 ft. 6 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Lined Covered Hoppers
RESIDCO currently has 5,800 cubic feet Lined 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
5,800 cfc
Year
1992
AAR Type
C113
Compartments
4 Pocket
Gate Style
Pneumatic
Roof
Round
Coating
Epoxy Lining
Max. Gross Load
263,000 lb.
Avg. Load Limit
197,400 lb.
Avg. Tare Weight
65,600 lb.
Outside Length
64 ft. 8 in
Outside Extreme Width
10 ft. 8 in
Outside Extreme Height
15 ft. 6 in
Truck Center Length
51 ft. 4 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Aluminum Covered Hoppers
RESIDCO currently has 3,621 cubic feet Aluminum 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
3,621 cfc
Year
2001
AAR Type
C712
Body Material
Aluminum
Compartments
4 Pocket
Gate Style
Sparger/Gravity
Roof
Round
Coating
None
Max. Gross Load
286,000 lb.
Avg. Load Limit
235,400 lb.
Avg. Tare Weight
50,600 lb.
Outside Length
45 ft. 5 in
Outside Extreme Width
10 ft. 5 in
Outside Extreme Height
15 ft. 6 in
Truck Center Length
31 ft. 4 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Lined Covered Hoppers
RESIDCO currently has 5,250 cubic feet Lined 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
5,250 cfc
Year
1981
AAR Type
C214
Compartments
4 Pocket
Gate Style
Pneumatic
Roof
Round
Coating
Epoxy Lining
Max. Gross Load
263,000 lb.
Avg. Load Limit
197,400 lb.
Avg. Tare Weight
65,600 lb.
Outside Length
64 ft. 8 in
Outside Extreme Width
10 ft. 8 in
Outside Extreme Height
15 ft. 6 in
Truck Center Length
54 ft. 2 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Rubber Lined Tank Cars
RESIDCO currently has 15,500 gallon Rubber Lined Tank Cars 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
14,298 cfc
Year
1995
AAR Type
111A100W1
Body Material
Carbon Steel
Plate Code
B
Coating
Rubber
Max. Gross Load
263,000 lb.
Avg. Load Limit
202,700 lb.
Avg. Tare Weight
60,300 lb.
Outside Length
43 ft. 7 in
Outside Extreme Width
10 ft. 5 in
Outside Extreme Height
14 ft. 7 in
Truck Center Length
30 ft. 0 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Stainless Steel Tank Cars
RESIDCO currently has 15,517 gallon Stainless Steel Tank Cars 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
15,517 cfc
Year
1995
DOT Class
111A100W6
Body Material
Stainless Steel
Plate Code
B
Coating
None
Max. Gross Load
263,000 lb.
Avg. Load Limit
210,100 lb.
Avg. Tare Weight
52,900 lb.
Outside Length
45 ft. 0 in
Outside Extreme Width
10 ft. 8 in
Outside Extreme Height
15 ft. 1 in
Truck Center Length
31 ft. 6 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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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.
For more information please contact: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.
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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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.
For more information please contact: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
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Mill Gondolas
RESIDCO currently has 2,680 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
2,680 cfc
Year
2006
AAR Type
G519
Floor Design
Flat Bottom
Max. Gross Load
286,000 lb.
Avg. Load Limit
223,800 lb.
Avg. Tare Weight
62,200 lb.
Outside Length
57 ft. 4 in
Outside Extreme Width
10 ft. 8 in
Outside Extreme Height
9 ft. 2 in
Inside Length
52 ft. 6 in
Inside Width
9 ft. 3 in
Inside Height
5 ft. 6 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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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.
For more information please contact: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
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Lined Covered Hoppers
RESIDCO currently has 4,750 cubic feet Lined 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
4,750 cfc
Year
Multi Year
AAR Type
C113
Compartments
3 Pocket
Gate Style
Gravity
Roof
Trough
Coating
Epoxy Lining
Max. Gross Load
263,000 lb.
Avg. Load Limit
200,700 lb.
Avg. Tare Weight
62,300 lb.
Outside Length
59 ft. 4 in
Outside Extreme Width
10 ft. 8 in
Outside Extreme Height
15 ft.
Truck Center Length
45 ft. 9 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Covered Hoppers
RESIDCO currently has 5,250 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
5,250 cfc
Year
1978
AAR Type
C114
Compartments
4 Pocket
Gate Style
Gravity
Roof
Trough
Coating
Epoxy Lining
Max. Gross Load
263,000 lb.
Avg. Load Limit
196,800 lb.
Avg. Tare Weight
66,200 lb.
Outside Length
58 ft. 5 in
Outside Extreme Width
10 ft. 8 in
Outside Extreme Height
15 ft. 6 in
Truck Center Length
45 ft. 2 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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Covered Hoppers
RESIDCO currently has 4,750 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.
For more information please contact:General Car Type
Specifications
Cubic Capacity
4,750 cfc
Year
1992
AAR Type
C113
Compartments
3 Pocket
Gate Style
Gravity
Roof
Trough
Coating
None
Max. Gross Load
286,000 lb.
Avg. Load Limit
222,400 lb.
Avg. Tare Weight
63,600 lb.
Outside Length
60 ft. 1 in
Outside Extreme Width
10 ft. 8 in
Outside Extreme Height
14 ft. 11 in
Truck Center Length
45 ft. 9 in
Kevin Bahnline at 312-726-4163 (Central/Western US)
Mike Lewicki at 617-320-4878 (Eastern US)
Greg Schmid at 312-726-3441 (Managing Director)
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 > -
Open Top Hoppers
- 3,610 CFC
- 1990 Built
- 263,000 GRL
See detail > -
Lined Covered Hoppers
- 5,800 CFC
- 1988 Built
- 263,000 GRL
See detail > -
Aluminum Covered Hoppers
- 3,621 CFC
- 2001 Built
- 286,000 GRL
See detail > -
Lined Covered Hoppers
- 5,250 CFC
- 1981 Built
- 263,000 GRL
See detail > -
Rubber Lined Tank Cars
- 15,500 Gallon
- 1995 Built
- 263,000 GRL
See detail > -
Stainless Steel Tank Car
- 15,517 Gallon
- 1995 Built
- 263,000 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 > -
Mill Gondolas
- 2,680 CFC
- 2006 Built
- 286,000 GRL
See detail > -
Covered Hoppers
- 5,161 CFC
- 1996 Built
- 286,000 GRL
See detail > -
Lined Covered Hoppers
- 4,750 CFC
- 1980's Built
- 286,000 GRL
See detail > -
Covered Hoppers
- 5,250 CFC
- 1978 Built
- 263,000 GRL
See detail > -
Covered Hoppers
- 4,750 CFC
- 1992 Built
- 286,000 GRL
See detail >
Contacts
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 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 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.
RAIL LEASING
RAIL
RESIDCO is a highly experienced and sophisticated rail investor, providing value to our Lessee’s through both net and full service operating leases. Since 1982 RESIDCO started 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. One can attribute our expanding inner market presence to investing in quality assets, expedited execution, end user market knowledge, extensive technical expertise, financial institution relationships and putting our lessees first.
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 a lease structure that meets the needs of our lessees. We have invested in numerous locomotive types, including GP-38-2’s, MP-15’s, SD-75M, and SD-40-2 locomotives, for example.
RAILCAR LEASING & RAILCAR SALES
RESIDCO’s strength is our willingness to take a wide variety of positions in rail car types to serve our customers. We have remarketed, syndicated or invested in thousands of freight cars representing every major car type since we began in 1982. Our fleet of 7000 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; as well as a wide variety of General Purpose Tank Cars & Tank Cars for Acid service.
RESIDCO – A SOPHISTICATED METAL PLAYER
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 often provide fleet optimization outcomes through trading programs. Acquiring a client’s unwanted cars and providing them with alternative equipment that more effectively meets their needs is a trading solution example. We work diligently to repair or modify and place available equipment using our knowledge of the inner lessee marketplace and thereby provide value added to this critical industry.
RAIL COMMENTARY
Air Carriers And Class One Railroads Reshape Their FleetsOur current environment is the result of external market shocks. Nearly every air and rail transportation asset now is faced with an unexpected demand profile. The pandemic’s lockdowns and stay at h.. Read More
Investment Strategies in a Low-Demand EnvironmentAir and Rail networks have lost substantial revenues. First Rail freight traffic due to trade disagreements, tariffs, and the downturn in coal, and then both Air and Rail due to the impact of the Covi.. Read More
Transportation Traffic – Better Than BeforeGlobal freight traffic flows are recovering. U.S. and German manufacturers surveyed in late August reported a ‘jump’ in export orders, “Container traffic is approaching the level reached before .. Read More
Sequential Improvements Point to a RecoverySecond Quarter year over year comparisons are down but sequential growth is evident in the third quarter. A timeline towards recovery is beginning to take shape. Manufacturing is expanding (but .. Read More
Unlock Pockets Of OpportunityThe Global economy is projected to contract 4.9% in 2020, with World merchandise traffic falling 13 to 32% and a 50 to 60% decline in air passenger revenue miles. In response, more than two-thirds of .. Read More
Market Realities Transform Transportation InvestmentLiquidity buffers, loans, restructuring operations, cost savings. As the pandemic lingers it continues to depress economic activity. The drop in passenger traffic is driving air carriers t.. Read More
RESIDCO’s size and wholesale capability is a competitive advantage. It can respond quickly and flexibly to ever changing market conditions.
70 W Madison, Suite 2200
Chicago IL 60602 – 4275
Recent Posts
MAX Comes Back to Exacerbate Supply Amid Tepid DemandDecember 3, 2020 - 8:00 amOn November 18, 2020, the FAA rescinded its Emergency Order that had grounded the 737 MAX since March 13, 2019. The order allows Boeing to resume delivering the jets and will allow U.S. passenger flights to resume pending mandated fixes and additional pilot training. American Airlines had taken delivery of twenty-four MAX aircraft before the […]
Air Carriers And Class One Railroads Reshape Their FleetsOctober 19, 2020 - 11:57 pmOur current environment is the result of external market shocks. Nearly every air and rail transportation asset now is faced with an unexpected demand profile. The pandemic’s lockdowns and stay at home orders have caused the largest global recession in history, impacting hotels, restaurants, commercial aviation, theaters, and live entertainment. Class One Railroad PSR business […]
Investment Strategies in a Low-Demand EnvironmentSeptember 17, 2020 - 11:30 amAir and Rail networks have lost substantial revenues. First Rail freight traffic due to trade disagreements, tariffs, and the downturn in coal, and then both Air and Rail due to the impact of the Covid-19 shutdowns. Economics remains challenging. The landscape that has emerged was unexpected. Air Carriers are zero base budgeting equipment needs, personnel […]