Union Tank Car Company

Union Tank Car Company or UTLX (their best known reporting mark) is a railway equipment leasing company (and car maintenance / manufacturing) headquartered in metro Chicago, Illinois. As the name says, they specialise in tank cars, and covered hopper cars.

Founded in 1866 by J. J. Vandergrift, in response to the economic activities of Standard Oil, as of September 2005, according to their site, they have about 80,000 cars in their fleet.

Vandergrift was involved in the conflicts in the oil regions of Western Pennsylvania in the 1860s–1870s. Eventually, Union Tank Car Company and his other holdings, which included pipeline and riverboat transport companies, merged with the company that later became Standard Oil. Rockefeller, once Captain Vandergrift's nemesis, made him Vice President of Standard Oil. Captain Jacob J. Vandergrift also had a town built and named in his honor by George G. McMurtry in Western Pennsylvania in 1895.

TransUnion was formed as a holding company in 1968, and began acquiring credit bureaus. The Marmon Group acquired TransUnion in 1981.

Union Tank Car Company is still owned by Marmon. In 2008 60% of Marmon Holdings itself has been acquired by Berkshire Hathaway, with the remaining 40% to be acquired in the next five to seven years.

Famous quotes containing the words union, car and/or company:

    Thus piteously Love closed what he begat:
    The union of this ever-diverse pair!
    These two were rapid falcons in a snare,
    Condemned to do the flitting of the bat.
    George Meredith (1828–1909)

    Freedom is not an ideal, it is not even a protection, if it means nothing more than freedom to stagnate, to live without dreams, to have no greater aim than a second car and another television set.
    Adlai Stevenson (1900–1965)

    I have noticed that doctors who fail in the practice of medicine have a tendency to seek one another’s company and aid in consultation. A doctor who cannot take out your appendix properly will recommend you to a doctor who will be unable to remove your tonsils with success.
    Ernest Hemingway (1899–1961)