Locomotive leasing & sales

Through its Olin Shop complex on the Vermilion Valley Railroad, Indiana Boxcar Corporation offers used locomotives for lease and sale to customers, including private industries and other railroad companies. Locomotives are acquired, and either offered as-is or sent to the shop for work ranging from minor cosmetic detailing to major replacement of components. EMD models in the GP and SD lines make up the majority of locomotives that are processed and assigned to customers. Please contact us for inquiries about current offerings or capabilities.