Wells Fargo Rail

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First Union Rail, with its headquarters in Rosemont, Ill., is one of the largest finance and operating lessors of rail transportation equipment in the United States. It is a subsidiary of Wachovia Corporation, one of the largest banking institutions in the U.S., and combine the financial strength and expertise of its parent with one of the industry's largest privately owned fleets. The company offers its clients customized finance and operating leasing structures, marketing, and complete transportation management services. First Union Rail works with its customers to develop leasing structures that meet each client's specific requirements, including long- and short-term, full-service and net, per diem and sale leaseback arrangements.