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Buy or
Sell on the Capital Equipment Trading Floor
The secondary
markets for most types of capital equipment are notoriously thin
and imperfect. Market information is seldom available on a uniform
basis. The Capital Equipment Trading Floor adds an element of perfection
to otherwise imperfect markets by making timely market information
available to the owners, carriers and market makers operating the
North American freight car fleet. The Trading Floor is an electronic
marketplace where buyers and sellers meet to complete transactions
and selling prices are determined by market forces. Trading is conducted
according to strict regulations and accounting standards. Qualified
buyers and sellers may select from any or all of the fifteen (15)
FreightCar.com Marketplaces where equipment is listed for sale or
lease. Market efficiency is created as participants log on to the
Trading Floor. As new listings are added participants receive an
e-mail alert for every Marketplace for which they are registered.
Each e-mail will detail all equipment available for that Marketplace
along with recently completed transactions, sale prices or lease
rates. Offers may be submitted to FreightCar.com via e-mail at any
time and are subject to the terms and conditions of the Website
Agreement.
Qualified
Buyers and Sellers on the Capital Equipment Trading Floor may remain
anonymous and are assured of complete confidentiality throughout
the bidding process.
Buyers
pay no sales commissions; sellers pay a small percentage of sale
proceeds upon completed transactions only. Sales commissions are
based upon feasibility and marketability criteria including expected
proceeds and are determined on a case by case basis. Listing with
the FreightCar.com Trading Floor is free.
Sellers
may reject any and all offers; equipment inspections and technical
evaluations by FreightCar.com prior to listing on the Trading Floor
are mandatory to ensure the quality of the asset and to assist in
the selling process.
FreightCar.com
provides complete service in all aspects of the trading function,
from equipment inspections and technical evaluations to logistics,
documentation and funding. There is no charge for services in connection
with any completed transaction.
Trade
with confidence! We have completed more than $750,000,000 worth
of transactions on behalf of some of the nation's most distinguished
shippers, carriers and financial institutions.
To
enter the Capital Equipment Trading Floor, you must first register.
Qualified individuals will then receive a password via email.
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