SMBC Rail Services LLC has announced the acquisition of American Railcar Leasing, Inc. on June 1, expanding the SMBC fleet to more than 55,000 railcars. The team will now include more than 60 leasing and transportation professionals.
“The highly experienced work force and the combined railcar fleets will allow SMBC Rail to better serve our overall customer base” stated Gene Henneberry, SMBC president and CEO. “This will be one of the youngest, most efficient rail portfolios in the industry, which will position SMBC as a leader in the rail leasing market for years to come.”
ARL and SMBC websites are operational until they can be merged into one.