Equipment
SMBC Rail Services provides net and full service operating leases and financing to suit a diverse range of customers.
     
     
  Services
SMBC Rail Services is able to provide an array of services in addition to your railcar leasing requirements.
Auditing of AAR Rule 1 Repairs
Railcar Condition
Maintenance and Operating History
Warranty Management
  Recent Events
   

NEW HIRE ANNOUNCEMENT

Luke Waksmanski joined the SMBC Rail Operations team as Program Manager. In this role Luke will manage various repair programs for a growing fleet of ~ 60,000 rail assets. He will also manage scheduling for Tank Qualifications and other regulatory programs as needed and provide support for secondary market activity and restenciling projects. Luke is a graduate of the University of Illinois, Chicago and is new to the Rail industry.

ALLTRANSTEK AND CAR SHOPPING

Background - SMBC Rail Services LLC acquired American Railcar Leasing (ARL) effective Jun 1st, 2017. Following this acquisition, the SMBC team has been working on consolidating certain maintenance functions. Alltranstek had previously been handling maintenance and repairs for the legacy SMBC fleet (SOXX, TCBX, CLIX, AIGX, BLHX).

Effective July 1st SMBC Maintenance team is initiating all new car shoppings for the combined fleet. This includes cars shopped through DDCT, Bad Orders, Tank Qualifications, Lease Returns and Assignments. Alltranstek will continue to manage and close out all car shoppings that they previously initiated.

Please reach out to your Customer Service Representative or a member of the Maintenance team for questions on cars in shop.

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About Sumitomo Mitsui Banking Corporation
SMBC is headquartered in Tokyo, Japan, and is a wholly-owned subsidiary of Sumitomo Mitsui Financial Group, Inc. (“SMFG”). Listed on the Tokyo, Nagoya and New York (via ADRs) stock exchanges; SMFG has a market capitalization of approximately US$48 billion. SMFG is a leading financial institution in Japan as well as a global provider of financial services.

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Bank of America Merrill Lynch and SMBC Nikko Securities America, Inc. acted as exclusive financial advisor and Skadden, Arps, Slate, Meagher & Flom, LLP and Chapman and Cutler LLP legal advisor to SMBC in connection with this transaction.