CIT Announces Order for 5,000 Railcars

CIT Group Inc. CIT today announced that CIT Rail, the third largest railcar lessor in North America, ordered 5,000 railcars from multiple manufacturers. The orders, for which deliveries are scheduled throughout 2012, include the exercise of an option for an additional 1,750 railcars received when the Company ordered 3,500 railcars earlier this year.
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