Search:
Type the text to search here and press Enter.
Separate search terms by a space; they will all be searched individually in all fields of the database.

Click on Search: to go to the advanced search page.

Transportation Company - CIT Group - Railroad Equipment

Please help support TroveStar. Why?

Transportation Company - CIT Group - Railroad Equipment
Company Name CIT Group
Company Web Site Link
Category Railroad Equipment
Year Founded 1908
Country United States (Details)



Company History: CIT Group Inc. is an American financial holding company founded in 1908 with more than $65 billion in finance and leasing assets. The company's name is an abbreviation of an early corporate name, Commercial Investment Trust. It provides financing and leasing capital to its middle market clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and global vendor finance. CIT also operates CIT Bank (Member FDIC), BankOnCIT.com, its primary bank subsidiary, which offers a suite of online savings options designed to help customers achieve a range of financial goals.

The company is part of the Fortune 500 and was a part of the S&P 500 Index until it was replaced by Red Hat at the close of trading July 24, 2009. The company is headquartered in New York City, and employs approximately 3,700 people in locations throughout North America, Europe, Latin America, and Asia Pacific. It declared Chapter 11 bankruptcy on November 1, 2009, and with the consent of its bondholders proposed to quickly emerge from bankruptcy court proceedings. The company emerged from bankruptcy 38 days later on December 10, 2009.

Reporting marks: CEFX (The CIT Group/Capital Finance, Inc. - formerly Transportation Corp. of America)

From Wikipedia

Brief History:
The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.


Item Links: We found: 3 different collections associated with CIT Group - Railroad Equipment
Item created by: gdm on 2017-10-10 09:56:02. Last edited by Alain LM on 2018-01-13 04:16:40

If you see errors or missing data in this entry, please feel free to log in and edit it. Anyone with a Gmail account can log in instantly.