About First Union Rail First Union Rail operates one of the largest and most diverse railcar leasing companies in North Ameri ... ca. We have a solid industry reputation for providing superior equipment and exceptional service. As a subsidiary of Wells Fargo, one of the largest bank holding companies in the United States with $1.2 trillion in assets, we have successfully combined the financial strength and expertise of our parent with one of the industry's largest privately owned railcar fleets. First Union Rail offers a variety of customized finance and operating lease structures, as well as marketing and transportation management services. We have a wide selection of box cars, covered hoppers, gondolas, open-top hoppers, flat cars, tank cars, intermodal equipment and locomotives. Our staff has decades of experience in the railcar leasing, locomotive leasing, and transportation industry. We are committed to delivering the right equipment to solve your transportation needs. read more