General American Transportation Corporation

The General American Transportation Corporation ( GATX ) is an American leasing company for rail vehicles, based in Chicago. GATX was founded in 1898, is listed since 1916 on the New York Stock Exchange and is currently represented in the stock market indices Dow Jones Composite Average and Dow Jones Transportation Average.

The Group's revenue in 2011 amounted to 1.3 billion U.S. dollars.

Business

Main business area of the active in North America and Europe, the company is hiring and financing of locomotives and railway wagons especially tank cars. GATX controlled thereby one of the largest railway car parks in the world ( about 167,000 cars and 650 locomotives). GATX is also active in the leasing and financing of industrial equipment, marine and inland vessels.

Rail North America

In North America, 117,000 wagons and four-axle locomotives are leased about 610.

Rail International

In Europe in the field of GATX Rail Europe 22,000 cars, which primarily consist of tank wagons, let. Here there are the three subsidiaries GATX Rail Austria GmbH, GATX Rail Germany GmbH and GATX Rail Poland Sp. , The German company took over in 2002, the CCG tank car rental mbH and the Polish company fell in 2001 from the tanker owner DEC Sp.zoo forth.

In 2010, GATX India Private Ltd.. established, which is assigned to the business field GATX Rail India and the 2012 had received the rent of new cars.

American Steamship Company

The acquisition of the American Steamship Company, founded in 1907 (ASC ) GATX since 1973 owner of 18 ships operating on the Great Lakes.

History

In 1994, GATX acquired a minority stake of 37.5 percent in the Swiss freight car rental AAE, who then had a population of 2,500 cars. After the wagon number has steadily increased to 30,000 after 19 years, the AAE bought the GATX 's share of AAE Cargo in September 2013 back. Thus the company has concentrated in Europe on the local separate subsidiary.