2016
The InStar Group, LLC was founded. InStar acquires first group of railcars.
The InStar Group’s management team comprises seasoned industry professionals with expertise in leasing, manufacturing, railcar portfolio management, and financing. We maintain strong relationships with major railcar manufacturers, other operating lessors, shippers, railroads, repair and maintenance facilities, and financial institutions across the industry.
Customers
Car Types
Average Years of Industry Experience
Umesh has over 37 years of experience in the railcar industry, with a majority of his experience in the railcar leasing market.
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John has over 35 years of experience in the rail industry, with most of his experience in the railcar leasing and manufacturing market.
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Joanna was Director of Accounting and Audit for the regional public accounting firm Smolin, Lupin and Co. for the past 12 years.
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Larry has over 40 years’ experience in Engineering, Manufacturing and Operations. Most recently he worked for AITX (formerly ARI/ACF) for railcar leasing, repair, and shop support.
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Navin Andy Choksi has been with Instar since shortly after its founding in 2016, holding roles in finance, accounting, and administration before assuming his current position as Vice President of Sales and Marketing in 2019.
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Tod leads business development and sales & marketing at The InStar Group, bringing over 20 years of rail industry experience to the team.
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Christopher Franco graduated with his Bachelor of Science in Accounting and Master’s in Business Administration with a focus in Management from Fairleigh Dickinson University – Florham. Mr. Franco is in his eighth year with The InStar Group and oversees sales in the Gulf and Western regions.
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The InStar Group, LLC was founded. InStar acquires first group of railcars.
Through strategic acquisitions, InStar has significantly broadened its customer base, now proudly serving over 30+ customers.
The InStar Group, LLC is acquired by institutional investors advised by J.P. Morgan Asset Management (“JPMAM”).
InStar is proud to serve a diverse and growing client base, with our number of customers exceeding 190.