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About Us
Progress Rail Equipment Leasing is the largest lessor of Maintenance of Way equipment in North America. We're 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 specialized experience in the railroad industry and over $150 million in equipment leases, Progress Rail Equipment Leasing professionals will develop customized, knowledge-based solutions to fit your current and future needs. No off-the-shelf solutions, no standardized approaches. Tell us the equipment you want and let us do the rest, our experts evaluate your requirements and deliver a program that works for you.
In May of 2010 FCM Rail Ltd. was acquired by Progress Rail Equipment Leasing, a wholly-owned subsidiary of Progress Rail Services. The acquisition strengthens Progress Rail’s position in the MOW industry by expanding its service offerings. For more information about the acquisition you can read the full press release here.
