Elliot Seley
- Mr. Seley was principally responsible for building the fleet of tank cars, all on full-service leases, from roughly 220 cars to 870 cars at the time the company was sold.
- He was also a leading shareholder and operating officer in a sister company, which owned and leased 56 chemical and covered hopper barges and a towboat. The equipment was used throughout the inland waterway system and on the Great Lakes and the Gulf of Mexico.
- Mr. Seley later built a fleet of rail cars, which were used in the pulp and paper industry and leased to short line and Class I railroads serving the paper companies.
- He also owned and operated a fleet of covered hopper barges which were leased to major grain companies. These barges operated primarily on the Ohio and Mississippi Rivers.
- He was also a leading shareholder and operating officer in a sister company, which owned and leased 56 chemical and covered hopper barges and a towboat. The equipment was used throughout the inland waterway system and on the Great Lakes and the Gulf of Mexico.
Mr. Seley was one of four shareholders and one of two operating officers in private leasing company, Republic Car Line, Inc. At the time of its sale to Union Tank Car Company, Republic Car Line, Inc. was the sixth largest tank car leasing firm and the largest privately-owned tank car leasing firm in North America. Due to this experience in operating, financing and owning these fleets of transportation equipment, Mr. Seley brings a unique perspective to the acquisition and sale of the aforementioned assets as well as to the operations associated with the leasing of this equipment.
ARM has initiated and / or participated in the financing of $500,000,000 of sales or acquisitions of rail and marine assets since the year 2002. In many of these financings, ARM has been the official representative of major financial leasing and bank institutions.
ARM participates continually in both the primary and secondary rail and marine markets by purchasing and selling equipment as an owner and as a representative for leasing finance companies.
As an adjunct to its finance activities, ARM has performed inspections and appraisals of rail equipment as part of its consulting for many leading leasing and manufacturing companies. ARM has inspected and appraised all types of freight cars, flat and container cars for intermodal service, other specialty freight cars and the full range of pressure and general service tank cars as well as locomotives. ARM has also inspected and appraised Inland River and gulf hopper and tank barges, towboats, ocean container ships, ocean tankers, and U.S. Navy supply vessels.
American Rail Components, Inc. (ARC), the sister company of ARM, is the official representative for Scaw Metals (Scaw) in the sale and distribution throughout the United States, Canada and Mexico of rail car components, i.e.: side frames and bolsters, wheels and front stops which are manufactured by Scaw Metals. Scaw is a division of Anglo Operations Limited which is a part of the Anglo American plc Group. ARC and/or its principals and Scaw have been working together since 1979.