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CIT Transportation Finance · New York, NY United States

Company Description

505 5th Ave.
New York, NY
10017
United States (Map)
Phone: 212-771-0505
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    CIT Transportation wants to help bankroll your transportation needs -- that's just the way it rolls. CIT Transportation Finance provides large-ticket corporate leasing and financing for transportation equipment, primarily aircraft, railcars, and locomotives. Clients include mid-market and large companies, including airlines, defense firms, and railroad companies. The company operates in North America, Europe, and Asia through two specialized groups, CIT Aerospace and Rail Resources. Its fleet includes about 300 aircraft and some 120,000 railcars and locomotives. CIT Transportation Finance is a business segment of commercial finance firm CIT GroupTo read the full description, subscribe now.

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    Key CIT Transportation Finance Financials

    Company Type

    2003 Employees200

    CIT Transportation Finance Executives

    4 executives listed for CIT Transportation Finance's New York, NY location.
    TitleName & BioContact
    President, CIT Rail ResourcesGeorge CashmanNetwork
    President, CIT Transportation FinanceC. Jeffrey KnittelNetwork
    EVP, CIT AerospaceAnthony DiazNetwork

    Competition

    Competitive Landscape for CIT Transportation Finance
    Demand is driven by consumer spending. The profitability of individual companies depends on efficient operations, as services are sold largely based on cost. Large companies have big economies of scale in processing and can provide more services; small companies can compete by specializing in industries and providing custom services. The business is highly automated and capital-intensive: average annual revenue per employee is about $225,000. To read the full description, subscribe now.
    Top CIT Transportation Finance Competitors
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