gatx
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News
GATX sells dry bulk vessel segment
Rand Logistics will purchase the American Steamship Company for $260 million.
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News
Jet engines bolster earnings at railcar lessor GATX
Spare aircraft engine dispositions stave off weakened demand for railcars in North America.
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News
GATX sues Georgia Power over alleged damages to leased railcars
The rail equipment lessor said corrosion damage was found in 160 railcars.
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Company earnings
GATX wonders if slowdown is on the horizon – UPDATE
The rail equipment manufacturer sees high utilization rate but says economy faces uncertainty.
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News
Lack of railcar demand in spotlight at investor conference
With rail traffic lower year-over-year and PSR initiatives in full swing, it’s understandable that soft railcar demand attracted attention at an investor conference.
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Company earnings
GATX eyes “attractive” investment opportunities in Europe
While investing in the North American railcar market is risky right now because the market is so uncertain, Europe and India are among the places…
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Company earnings
GATX beats earnings estimates, posts strong income gains
The railcar leasing company posted diluted earnings per share (EPS) of $1.86, up from $1.01 in the second quarter of 2018
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News
GATX first quarter profit drops despite nearly full deployment of its railcars
GATX’s (NYSE: GATX) first quarter profit fell 46 percent to $41.5 million, or $1.12 per diluted share, from $76.3 million, or $1.98 per diluted share,…
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