Citicorp Railmark Inc. (Citirail) Explained

Citicorp Railmark Inc.
Trade Name:Citirail Express
Former Name:Citicorp Aerolease
Type:Subsidiary
Industry:Locomotive leasing
Founded:13 May 1970
Hq Location:Chicago, Illinois, United States
Parent:Citibank

Citicorp Railmark Inc. (trading as Citirail Express) 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]

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 ES44AC151201–1215Built 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. These are Tier 4 credit units.
EMD SD40-216214
GE C40-8412026, 9023–9037, 9039-9048, 9050-9064Ex-Union Pacific Railroad, née C&NW. 9049 was renumbered to 2026. All were sold to CN.

External links

Notes and References

  1. Web site: Citicorp Railmark Inc. Bloomberg.
  2. Web site: Craig. R.. CitiCorp Railmark. The Diesel Shop. 22 July 2019.