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GATX Corporation (NYSE: GATX) delivers essential railcar leasing solutions and fleet management services to global transportation markets. This news hub provides investors with direct access to official press releases, financial disclosures, and strategic updates from the industry-leading lessor.
Track critical developments including quarterly earnings reports, fleet expansion initiatives, and maintenance program enhancements. Our curated collection features verified announcements about partnership agreements, leadership changes, and regulatory compliance milestones specific to GATX's rail operations across North America, Europe, and Asia.
Bookmark this page for streamlined monitoring of GATX's asset utilization strategies, market position updates, and responses to evolving logistics demands. All content is sourced directly from company filings and authorized communications to ensure reliability.
GATX Corporation (NYSE: GATX) and Brookfield Infrastructure have announced a joint venture to acquire Wells Fargo's rail assets in a significant $4.4 billion deal. The acquisition includes approximately 105,000 railcars through the joint venture, with initial ownership split between GATX (30%) and Brookfield Infrastructure (70%). GATX will have the option to acquire 100% of the joint venture equity over time.
The fleet consists primarily of freight cars (95%) with current utilization at 97%. The transaction will be financed through a combination of partner equity contributions and a $3.2 billion 5-year unsecured term loan. GATX's initial equity contribution will be approximately $400 million. The deal is expected to close in Q1 2026 or sooner, subject to regulatory approvals. The company expects the transaction to be modestly accretive to earnings per share in the first full year after closing.
GATX (NYSE: GATX) has announced its quarterly dividend of $0.61 per common share, maintaining the same rate as the previous quarter. The dividend will be payable on June 30, 2025, to shareholders of record on June 13, 2025.
GATX, headquartered in Chicago since 1898, specializes in leasing transportation assets including railcars, aircraft spare engines, and tank containers to customers worldwide. The company has maintained an impressive track record of paying uninterrupted quarterly dividends since 1919, demonstrating its long-standing commitment to shareholder returns.
GATX (NYSE: GATX) reported strong Q1 2025 results with net income of $78.6 million, or $2.15 per diluted share, up from $74.3 million in Q1 2024. Rail North America maintained high fleet utilization at 99.2% with a robust Lease Price Index of 24.5% and an average renewal term of 61 months.
The company achieved approximately $300 million in investment volume across all business segments and generated over $30 million in remarketing income from railcar sales. Rail International performed as expected with high fleet utilization, while Engine Leasing showed outstanding results due to strong aircraft spare engine demand.
GATX reaffirmed its 2025 full-year earnings guidance of $8.30-$8.70 per diluted share, excluding Tax Adjustments and Other Items, despite macro volatility. The company maintains its competitive position through long-lived assets, long-term leases, stable cash flows, and strong operational platforms globally.
GATX (NYSE: GATX) has scheduled its 2025 first-quarter earnings release and conference call for April 23, 2025. The company will release results before market open, followed by a conference call at 11 a.m. Eastern Time.
Investors can participate via telephone using domestic (1-800-715-9871) or international (1-646-307-1963) dial-in numbers, or through a live webcast available on www.gatx.com. A replay will be accessible from 2 p.m. Eastern Time on the same day.
GATX, headquartered in Chicago since 1898, specializes in leasing transportation assets including railcars, aircraft spare engines, and tank containers globally. The company has maintained an uninterrupted quarterly dividend payment record since 1919.
GATX (NYSE: GATX) has announced the cancellation of its scheduled presentation and webcast at the Stifel 2025 Transportation & Logistics Conference. The event was originally set for February 12, 2025, at 9:20 a.m. ET but was cancelled due to a contagious illness.
GATX, headquartered in Chicago since 1898, is a transportation asset leasing company that provides railcars, aircraft spare engines, and tank containers to customers worldwide. The company has maintained an uninterrupted quarterly dividend payment record since 1919.
GATX (NYSE: GATX) has announced that Thomas A. Ellman, executive vice president and chief financial officer, will present at the Stifel 2025 Transportation & Logistics Conference on February 12, 2025, at 9:20 a.m. ET. The presentation will be available via live webcast on www.gatx.com, with access recommended 15 minutes before start time. The webcast will remain archived for 90 days.
GATX is a Chicago-based transportation asset leasing company, providing railcars, aircraft spare engines, and tank containers to global customers. Founded in 1898, the company has maintained an uninterrupted quarterly dividend since 1919. GATX focuses on innovative service delivery, enabling safe and sustainable transportation while supporting employee and community well-being.
GATX (NYSE: GATX) has announced a quarterly dividend of $0.61 per common share, representing a 5.2% increase from the previous year. The dividend will be payable on March 31, 2025, to shareholders of record on February 28, 2025.
The company has maintained an uninterrupted streak of quarterly dividend payments since 1919, marking 2025 as its 107th consecutive year. Over the past decade, GATX has invested $10.3 billion in its business while returning $1.4 billion to shareholders through dividends and share repurchases, all while maintaining a strong balance sheet and investment grade credit ratings.
GATX, founded in 1898 and headquartered in Chicago, specializes in leasing transportation assets including railcars, aircraft spare engines, and tank containers to customers worldwide.
GATX reported strong financial performance for Q4 and full-year 2024. Q4 net income reached $76.5 million ($2.10 per diluted share), up from $66.0 million in Q4 2023. Full-year 2024 net income was $284.2 million ($7.78 per diluted share), compared to $259.2 million in 2023.
Rail North America maintained fleet utilization above 99%, with a Lease Price Index of 26.7% and renewal success rate of 89.1%. The company's total investment volume exceeded $1.6 billion in 2024. Rail International expanded significantly, with GATX Rail Europe and Rail India reaching 30,000 and 10,000 wagon milestones respectively.
Engine Leasing performed excellently due to strong global demand for aircraft engines. The company added 10 engines worth over $260 million to its portfolio, reaching a net book value of $930 million. GATX initiated 2025 earnings guidance of $8.30-$8.70 per diluted share.
GATX (NYSE: GATX) has announced it will release its 2024 fourth-quarter financial results before the market opens on January 23, 2025. The company will host a conference call at 11 a.m. Eastern Time on the same day to discuss the results.
Investors can participate via telephone using domestic (1-800-715-9871) or international (1-646-307-1963) dial-in numbers, or through a live webcast available on the company's website. A replay will be accessible from 2 p.m. Eastern Time on January 23, 2025.
GATX, headquartered in Chicago since 1898, specializes in leasing transportation assets including railcars, aircraft spare engines, and tank containers globally. The company has maintained an uninterrupted quarterly dividend payment since 1919.
GATX (NYSE: GATX) has been awarded the 2023 Responsible Care® Excellence in Partnership Award by the Chemistry Industry Association of Canada (CIAC). The recognition comes for GATX's contribution to CIAC's TRANSCAER initiative, which focuses on community awareness about hazardous materials transportation. GATX donated a safety training railcar to train emergency responders across Canada. The company is a Responsible Care Partner in both CIAC and American Chemistry Council programs, demonstrating its commitment to improving industry safety and sustainability. GATX, founded in 1898 and headquartered in Chicago, specializes in leasing transportation assets including railcars, aircraft spare engines, and tank containers globally.