![]() Citirail locomotives pulling an intermodal train out of Winnipeg | |
Citirail Express | |
Formerly | Citicorp Aerolease |
Company type | Subsidiary |
Industry | Locomotive leasing |
Founded | 13 May 1970 |
Headquarters | Chicago, Illinois, United States |
Parent | Citibank |
Citicorp Railmark Inc. (trading as Citirail Express) (reporting mark CREX) is a company that leases locomotives to railroads as needed. The company is a subsidiary of Citibank, which itself is a division of Citigroup. It was formerly known as Citicorp Aerolease, and was first formed on May 13, 1970.[1]