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.
-
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)
REQUEST INFORMATION
AVAILABLE ASSETS
-
Open Top Hopper Cars
- 3,235 CFC
- Trinity/1988 Built
- Bulk Commodity/K345
See detail >
RAIL LEASING
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 INSIGHTS
Aero & Rail Investment – A Midyear Macro PerspectiveAero and Rail investment operate at the intersection of financial services and the real economy. The past decade of low interest rates has driven asset values up. Add the five trillion in aggressive s.. Read More
Managing Aero and Rail Investment Through a Post-COVID RecoveryAs demand returns, post-COVID transportation markets are struggling to maintain service levels. Precision Scheduled Railroading (“PSR”) with its asset and workforce reductions worked to reduce Cla.. Read More
A Storm of Fundamental Challenges Create Aero and Rail OpportunitiesA strong labor market is driving wage inflation and a falling unemployment rate (now 3.6%, just above the 3.5% it was before the pandemic). Even though the U.S. GDP was down 1.4% in the first quarter,.. Read More
Russian Ukrainian Invasion Upends Aero and Rail OutlooksInvestment and financing decisions involve an evaluation of risk, amount and timing of cash flows, and expected equipment values over an investment horizon. The outlook for Aero and Rail cash flows fo.. Read More
War & Inflation Converge, Pitfalls & Opportunities EmergeComing out of the pandemic and in the early stages of a recovery, the world is responding to Putin’s choice to invade Ukraine. The impact on investor confidence is reflected in the market’s volati.. Read More
Unlocking Aero & Rail Equipment Values Amidst Surging InflationGlobal growth continues but is expected to slow to 4.1% in 2022 (down from 5.5% in 2021[1]). In the U.S., 2022’s growth is expected to be 3.7% (down from 5.6% in 2021). In the fourth quarter of last.. 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
Price Levels Surge As Growth StallsAugust 5, 2022 - 12:00 pm
Aero & Rail Investment – A Midyear Macro PerspectiveJuly 6, 2022 - 8:00 amAero and Rail investment operate at the intersection of financial services and the real economy. The past decade of low interest rates has driven asset values up. Add the five trillion in aggressive stimulus spending passed by Congress and U.S. inflation is at a four-decade high. During the Covid lockdowns transportation operations were streamlined by […]
Managing Aero and Rail Investment Through a Post-COVID RecoveryJune 14, 2022 - 8:00 amAs demand returns, post-COVID transportation markets are struggling to maintain service levels. Precision Scheduled Railroading (“PSR”) with its asset and workforce reductions worked to reduce Class One operating ratios. Over the five years before the pandemic the Class Ones had already reduced headcount 33% through attrition and layoffs. During the pandemic workforce reduction continued as […]