railcar leasing
- Rail
Trinity, GATX reach $1.8B railcar supply agreement
Trinity Rail Group will supply a mix of 15,000 tank and freight railcars to GATX over a span of six years.
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Trinity Industries says improved rail service would benefit railcar lessors
Shippers want to move more goods via rail, and they will do so once rail service improves. This will ultimately benefit lessors like Trinity Industries,…
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Tight railcar market benefits lessors like GATX, executives say
Pent-up demand for railcars will support GATX even as rail service clears up.
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Rising steel costs, Ukraine conflict shape GATX’s view of 2022
The U.S. railcar lessor doesn’t expect the war in Ukraine to impact company profits, but the conflict is affecting operations in Poland.
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North American rail equipment makers keep close watch on Ukraine-Russia
North American rail equipment manufacturers have customers and offices in the region, and they’re assessing what steps to take next as the situation unfolds.
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GSCW chat: How the rails might benefit from growing industrial production
FreightWaves market expert Mike Baudendistel chats with Harris Ligon, co-founder and CEO of a stealth startup, about how recent growth trends for industrial production in…
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Trinity Industries sees supportive market for railcar lessors
Railcar leasing could be on the upswing for a number of car types, executives for railcar lessor Trinity Industries said during the company’s fourth-quarter 2021…
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North American Q4 freight railcar orders up sharply amid improving market
Railcar orders rose more than 50% in the fourth quarter, according to the Railway Supply Institute.
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GATX upbeat on 2022 railcar leasing market
The railcar leasing market for 2022 feels more solid than past years, executives said Tuesday during GATX’s fourth-quarter 2021 earnings call.
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GATX CEO Kenney retiring in April; EVP to succeed him
GATX President and CEO Brian Kenney is retiring, and EVP Bob Lyons will succeed him.
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