“2025 was an exceptional year for GATX, highlighted by strong financial results and the announcement of our largest-ever railcar acquisition,” the operating lease portfolio of Wells Fargo in partnership with Brookfield Infrastructure,
GATX Corporation and Brookfield Infrastructure complete their acquisition of Wells Fargo’s rail assets. Also, New Enviri will be the spinoff of the Harsco Environmental and Rail businesses from Enviri; and TX Rail Products, Inc. completes a strategic capital raise.
Orders for new railcars in 2025’s third quarter amounted to 3,071. We’re not facing a financial crisis, or a COVID lockdown, but orders are behaving as though we’re in a crisis. This
“Conditions across our global markets remain largely consistent with our original expectations,” GATX Corporation President and CEO Robert C. Lyons said in a third-quarter 2025 financial report on Oct. 21. He noted that
GATX Corp. has acquired 156 locomotives from Progress Rail, bringing its North American fleet to more than 650 units of various types. Financial details were not disclosed; GATX said the acquired mix
The Midwest Association of Rail Shippers (MARS) has announced the members of its 2024 Executive Committee.
“We see continued strong demand globally for the majority of railcar types in our existing fleets,” GATX President and CEO Robert C. Lyons said during a report on second-quarter 2023 financials, which included Rail North America fleet utilization of 99.3% and a renewal success rate of 85.3%.
Savage joins Cyclyx 10 to 90® program to help reduce plastic waste. Also, GATX Corporation (GATX) announces BBB+ Long-Term Issuer Default Rating (IDR) from Fitch Ratings, Inc. (Fitch).
GATX’s Trifleet Leasing Holding B.V. appoints Erik Henstra as Managing Director. Also, Bentley Systems names Michael Campbell Chief Product Officer and expands the responsibilities of four executives; and the American Public Transportation Association (APTA) selects new Vice Chair and announces Executive Committee and Board of Directors nominees.
Here’s something probably not too many rail industry people know: The migration path of the Monarch Butterfly, recently declared an endangered species, closely follows the alignment of the combined north-south Canadian Pacific and Kansas City Southern networks, which (pending merger approval by the Surface Transportation Board) will in early 2023 merge to form CPKC (Canadian Pacific Kansas City), North America’s first transnational freight railroad.
