Rail World Locomotive Leasing, LLC (RWLL) was
established in August 2001 and is a sister company
of Rail World, Inc., a railway management,
consulting and investment corporation specializing
in privatizations and restructurings. RWLL began
operations in early 2002 with the acquisition of
Amtrak's locomotive leasing portfolio, and fifty one
(51) of Amtrak's highest quality surplus EMD
F40-PH-2 locomotives.
RWLL was established by Edward A. Burkhardt (founder
of Wisconsin Central Ltd) who is the company's
Chairman and Chief Executive Officer. Mr. Burkhardt
appointed Dave Patterson, former Amtrak Director of
Equipment Leasing and Sales, as the company's
President and Chief Operating Officer. The company
has a strategic partnership agreement with Rail
World, Inc., that allows RWLL to a acquire all of
its corporate support services on an as needed basis
with minimal fixed and overhead costs.
RWLL serves both the North American domestic and
international leasing markets and leases equipment
in Central America, Canada, and from the Eastern US
to Alaska. RWLL's customer base consists of the
growing US commuter rail market, tour and excursion
operators, and business trains for class I and short
line freight railroads.
RWLL develops tailor made leases, for its clients,
that take into account the term structure of lease
rates, as well as ownership and return options for
flexibility. RWLL offers timely warranty and
customer support and is willing to share in the risk
of asset performance, which is a direct result of
the confidence in the quality power that it leases.
RWLL also has strategic relationships with quality
rebuilders and can offer a "rebuilt" to new
locomotive on a lease, purchase or finance basis.
The EMD F40-PH-2 locomotives, available through RWLL,
are one of the highest quality passenger locomotives
available for lease in the industry. All of RWLL
locomotives are FRA certified and EPA compliant
through 2007, and have fresh 3 year air brake
dates. A rigid inspection and testing process was
put in place so that only the best of Amtrak's
surplus fleet were selected, and RWLL was the first
to purchase from Amtrak's surplus fleet of F40s.