In May of 2010, FCM Rail was acquired by Progress Rail Leasing Corporation, a wholly-owned subsidiary of Progress Rail Services.

Leasing of maintenance of way equipment

FCM Rail is the largest lessor of maintenance of way equipment in North America. We are a full-service leasing firm offering a host of programs and services specifically tailored to meet your exact financial needs.

With more than 50 years of specialised experience in the rail industry and over $150 million in equipment leases, FCM Rail professionals develop customised solutions to fit your current and future needs.

HTT’s TR-10 Tie Inserter Remover is one of the many types of exchangers FCM has available to lease.
FCM Rail is the largest lessor of maintenance of way equipment in North America.
Leasing railroad products offers many financial benefits.
Products for lease include railroad equipment and ballast regulators to power units and rail heaters.

Financial benefits of leasing rail equipment

In a dynamic business environment leasing gives you more flexibility; it helps you keep up with equipment technological advancements, and may even offer significant tax advantages. These advantages include:

  • 100% financing
  • Lower payments than other types of financing
  • Allows for more flexible cash budgeting
  • Off balance sheet financing conserves existing credit
  • Monthly payments are fixed and thus protected from inflation
  • Provides positive cash flow with sale/lease-back programs

Railroad products for lease

FCM Rail lease the following products:

  • Railroad equipment
  • Ballast regulators
  • Tie cranes
  • Tie exchangers
  • Tampers
  • Spike drivers
  • Spike pullers
  • Kribber adzers
  • Ride-on adzers
  • Brush kribbers
  • Cemented brush kribbers
  • Kribber kickers
  • Plate sweep
  • Rail lifter
  • Rail heaters
  • Switch under cutter
  • Speed swings
  • On-track brush cutter
  • Brush cutters
  • Rail saws
  • Push carts
  • Jet snow blowers
  • Scarifiers
  • Power units