LOCOMOTIVE LEASING MARKET ANALYSIS

Locomotive leasing Market, By Locomotive Type (Diesel Locomotives, Electric Locomotives, Hybrid Locomotives, Other Alternative Fuel Locomotives), By Lease Type (Full-Service Lease, Net Lease, Finance Lease, Operating Lease), By End-User Industry (Rail Freight Transportation, Mining, Oil and Gas, Industrial Manufacturing, Construction, Others), By Lease Duration (Short-Term Lease (Less than 1 year), Medium-Term Lease (1-5 years), Long-Term Lease (More than 5 years)), By Application (Intermodal Transportation, Freight Transportation, Passenger Transportation, Shunting and Switching Operations, Others), By Locomotive Power Capacity (Low Power Locomotives, Medium Power Locomotives, High Power Locomotives), By Lease Provider (Independent Leasing Companies, Rail Operators, Original Equipment Manufacturers (OEMs), Financial Institutions), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Recent Developments

New product launches

In 2021, Alstom a rolling stock manufacturer launched its new TRAXX DC3 locomotive in November 2021. The TRAXX DC3 is a modular locomotive that can be configured for a variety of applications, including freight, passenger, and shunting.

Acquisition and partnerships

On May 4, 2023, The Railpool Group, one of Europe’s leading rail vehicle leasing companies for electric locomotives, confirmed that GIC, a global institutional investor, has acquired a further 27% stake in the business from co-owner Palladio Partners, a German specialist in the field of global infrastructure investments. The transaction makes GIC the majority shareholder in RAILPOOL.
In 2022, Porterbrook Leasing Asset Company entered into a partnership with Rock Rail, a UK infrastructure investment company. This partnership will see Porterbrook Leasing lease locomotives to Rock Rail's portfolio of rail assets.