Procor

What Procor does

Procor Limited is a privately held Canadian full-service rail car lessor headquartered in Oakville, Ontario, founded in 1952 (originally as Products Tank Line, renamed Procor in 1962). It operates Canada's largest private tank car lease fleet of more than 30,000 tank and specialty freight cars, serving bulk shippers in petroleum, petrochemicals, plastics, chemicals, fertilizers, and food — including named accounts such as Shell Scotford and K+S Potash Mine. Revenue is generated through recurring full-service leases (covering car supply, engineering, regulatory compliance, and access to repair infrastructure) plus professional services revenue from the largest rail car repair network in Canada: four AAR/Transport Canada-certified main shops (Oakville, Sarnia, Regina, Edmonton), 27-28 additional repair locations, mobile repair units, and dedicated on-site teams at industrial customer sites.

The company's core technology stack centers on rail-specific physical assets and operational software rather than digital-native services. Procor Link-Net® is a registered-trademark fleet management portal providing outage tables, shop status, car shopping, fleet data downloads, billing, and the Customer Action Alert real-time notification feature. The recently launched ProTecht system (2025, patent-granted) is an industry-first mobile autonomous tank car cleaning unit that eliminates manual confined-space entry and is available across the U.S. and Canada. Procor is a member of Marmon Holdings' Rail Business Group (Berkshire Hathaway) and operates as the Canadian affiliate of Union Tank Car (UTLX), with which it shares a combined North American Supply Team. The integrated UTLX/Transco affiliation provides access to over 120 North American maintenance and manufacturing locations, including UTLX Manufacturing's tank car facility in Alexandria, Louisiana.

Commercially, Procor runs an enterprise field-sales motion through regional sales offices (Eastern Canada, Western Canada) plus direct customer engagement via email ([email protected]) and dedicated account teams. Pricing is not publicly disclosed; leases are structured with flexible terms, and repair services are quoted on a project/hourly basis (with hourly wage ranges from C$27.48 to C$42.77 for technicians and welders disclosed via job postings). The company's primary GTM channels are direct enterprise sales, the Link-Net digital customer platform, and an industry-PR presence via Responsible Care® partnership (CIAC verified triennially since 2002). Procor has 251-500 employees and is wholly owned through Marmon Holdings.

Name

Procor

Legal name

Procor Limited

Website

https://procor.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

251–500 employees

Short description

Procor is Canada's largest private full-service rail car lessor, operating 30,000+ tank and specialty freight cars for bulk shippers in petroleum, petrochemicals, chemicals, fertilizers, and food, supported by the country's largest AAR-certified repair network and the Procor Link-Net® fleet management platform.

Ownership category

akta.pro rank

Product category

Rail Car Leasing

SIC

Railroad Equipment (3743)

akta.pro primary industry

Braking Systems Maintenance & Overhaul (Pneumatic/Electro-Pneumatic) (TLAKAIAF)

Keywords

• Rail car leasing
• Tank car leasing
• Rail car repair
• Fleet management
• Bulk commodity transport

Headquarters

HQ city

Oakville

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Rail Car Full-Service Leasing: Procor offers full-service leasing of special purpose and conventional rail cars including tank cars, covered hopper cars, flat cars and gondolas. Full-service lease includes readily available engineering resources, regulatory compliance support, repair network maximizing fleet availability, access to fleet information systems, and commitment to customer service. Fleet portfolio of more than 30,000 cars. New car construction alternatives available with flexible leasing terms.
2. Rail Car Repair Services: Comprehensive repair services including four main repair shops (Edmonton, AB; Regina, SK; Sarnia, ON; Oakville, ON) plus 27-28 repair locations. Mobile repair teams available on scheduled or call-out basis. On-site dedicated fleet repair at customer locations. Services include mechanical repairs, valve and fittings service, compliance testing, coatings and linings, tank car cleaning, and modifications.
3. ProTecht Tank Car Cleaning: Mobile autonomous tank car cleaning service using ProTecht system - an industry-first technology eliminating confined space entry. Provides multiple cleaning modes for different residues.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Procor provides full-service leasing of tank cars and specialty freight cars (fleet of more than 30,000 cars) to bulk shippers in petroleum, petrochemicals, chemicals, plastics, fertilizers, and food industries. The company operates Canada's largest AAR-certified rail car repair network with four main shops and 27-28 mobile/on-site repair locations. Supporting offerings include the proprietary Procor Link-Net® fleet management platform and the patented ProTecht mobile autonomous tank car cleaning system.

Product overview

Procor is Canada's largest full-service lessor of tank cars and specialty freight cars, operating the country's most extensive rail car repair network. The company's portfolio includes a fleet of more than 30,000 cars supported by four main AAR-certified repair shops and numerous mobile repair units across Canada and the United States. Procor's core offerings consist of Procor Link-Net® (an industry-leading fleet management portal providing outage tables, shop status, car shopping, and fleet data), rail car leasing services with flexible terms, comprehensive rail car repair capabilities (mechanical, valves, compliance testing, coatings, cleaning, modifications), the ProTecht autonomous tank car cleaning system, and mobile/on-site repair services. The company also operates a North American supply management team supporting operations across the continent.

Differentiator

Problem solved

Functional benefit

Brands

• Procor Link-Net®: Industry-leading collection of fleet management tools providing customers access to repair service requests, mechanical information, fleet management reporting, car tracing, billing and payment information, and leasing information.

Products and services

• Rail Car Leasing Full-service leasing of tank cars and specialty freight cars (covered hopper, flat, gondola) to bulk shippers in petroleum, petrochemical, chemical, plastic, fertilizer, and food industries. Fleet portfolio of more than 30,000 cars with flexible leasing terms, new car construction alternatives, engineering resources, regulatory compliance support, and access to fleet information systems.
• Rail Car Repair Services Comprehensive rail car repair services delivered through four main AAR- and Transport Canada-registered shops (Edmonton AB, Regina SK, Sarnia ON, Oakville ON) plus 27-28 repair locations across Canada. Services include mechanical repairs, valves and fittings, compliance testing, coatings and linings, tank car cleaning, and modifications.
• ProTecht Mobile Autonomous Tank Car Cleaning System Patented mobile autonomous tank car cleaning system available across the U.S. and Canada. Eliminates confined space entry hazards for technicians, supports multiple cleaning modes for different residues, and accelerates fleet turnaround versus traditional manual cleaning methods.
• Procor Link-Net® Fleet Management Platform Registered-trademark customer portal providing leased customers with repair service requests, mechanical information, fleet management reporting, car tracing, billing and payment information, leasing information, outage tables, shop status, online car shopping, and time-sensitive Customer Action Alert notifications.
• Mobile and On-Site Repair Services Mobile and on-site repair teams deployed throughout Canada to bring expertise directly to customer facilities on a scheduled or call-out basis. Services include mechanical repairs at loading points and sidings, eliminating costs associated with car shopping, with dedicated teams at sites such as Shell Scotford and K+S Potash Mine.
• Supply Management Services Joint North American Supply Team formed by merging Procor and Union Tank Car purchasing departments, leveraging combined spend to negotiate lowest total cost pricing agreements for goods and services that support rail car operations across North America.

Quantifiable outcome

• Elimination of confined space entry hazards through ProTecht autonomous cleaning system
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Union Tank Car Company (UTLX)coreStrategic or Co-development PartnerProcor is the Canadian affiliate of Union Tank Car. Combined purchasing departments form a single North American Supply Team. Procor has access to UTLX's maintenance facilities in the US and Mexico. UTLX Manufacturing, Inc. produces tank cars at Alexandria, Louisiana facility. Joint fleet management through shared Link-Net platform.
• TranscocoreChannel Partner/ Reseller/ DistributorTransco is part of an integrated North American network with Procor and UTLX, designed to minimize transit time for repairs.
• TrackmobileminorOthersListed as affiliate partner on Procor's partner page.
• ProliumminorOthersListed as affiliate partner on Procor's partner page.
• ExsifminorOthersListed as affiliate partner on Procor's partner page.
• PowerhouseminorOthersListed as affiliate partner on Procor's partner page.
• AmeritrackminorOthersListed as affiliate partner on Procor's partner page.
• McKenzie's ValveminorOthersListed as affiliate partner on Procor's partner page.
• RailserveminorOthersListed as affiliate partner on Procor's partner page.
• ZephirminorOthersListed as affiliate partner on Procor's partner page.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Union Tank Car Company (UTLX): UTLX is Procor's affiliated sister company under Marmon, operating the largest U.S. tank car fleet and a major tank car manufacturing facility in Alexandria, LA. Overlapping fleet, repair network, and Link-Net platform make UTLX the closest strategic peer even though the partnership is cooperative.
• American Railcar Industries (ARI): ARI designs, manufactures, and leases tank cars and covered hoppers across North America, including through its ARI Leasing division. Comparable scope to Procor in tank car leasing and specialty freight car services for bulk chemical and agricultural customers.
• Trinity Rail (Trinity Industries): Trinity Rail is a major North American railcar manufacturer and leasing operator with a large tank and freight car fleet, directly competing with Procor in tank car leasing, leasing-supported repair, and freight car supply to bulk shippers across Canada and the US.
• The Greenbrier Companies: Greenbrier manufactures and leases railcars including tank cars and freight cars, with a sizable owned/managed lease fleet and aftermarket services. Directly competes with Procor's tank car leasing and repair offerings, particularly for HazMat and bulk customers in North America.
• GATX Corporation: GATX is one of the world's largest railcar lessors with a ~100,000+ car fleet spanning tank cars, hoppers, and specialty freight. Directly competes with Procor in Canadian and cross-border tank car leasing markets for bulk shippers in chemicals, petroleum, and food.
• SMBC Rail Services (SMBC Leasing): SMBC Rail Services is one of the largest North American railcar lessors with a multi-segment fleet including tank, covered hopper, and boxcar. Overlaps with Procor in tank car leasing and competes for the same bulk shipper accounts in chemicals and petroleum.
• Transco Railway Products: Transco is part of Marmon's integrated North American rail network with Procor and UTLX, providing railcar repair and mobile services. Operates complementary repair shops and mobile units that overlap with Procor's Canadian service footprint.
• Mitsui Rail Capital (MRC): Mitsui Rail Capital is a major North American railcar leasing company backed by Mitsui & Co., with a diversified fleet that includes tank cars for bulk liquid shippers. Directly competes with Procor in tank car leasing for petroleum, chemical, and food-grade customers.

Regional players

• VTG Aktiengesellschaft: VTG is a large European rail freight car lessor with global operations, including tank and freight car leasing. Comparable business model to Procor in tank car leasing, although primarily European; useful proxy for asset-heavy railcar leasing economics and digital fleet services.

Emerging players

• First National Capital / First Railcar Group: First Railcar (formerly CIT Rail) operates a sizable North American tank and freight car fleet focused on industrial shippers. Less well-known brand compared to GATX/Trinity but competes in the same tank car and specialized freight leasing niches as Procor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/procorcareers
• LinkedInlinkedin.com/company/procor-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Procor