GATX Corporation Announces Long-Term Railcar Order
GATX Corporation (GATX)
Last gatx corporation earnings: 1/23 08:30 am
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US:NYSE Investor Relations:
ir.gatx.com/phoenix.zhtml?c=70051&p=irol-irhome
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Source: GlobeNewswire
CHICAGO, Aug. 01, 2018 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that it has entered into an agreement with American Railcar Industries, Inc. (“ARI”) to purchase 7,650 newly built railcars. The order encompasses a mix of tank and freight cars that deliver over a five-year period, beginning in April 2019. The agreement also includes an option to order up to an additional 4,400 railcars, subject to certain restrictions. Brian A. Kenney, president and chief executive officer of GATX Corporation, said, “This provides GATX with cost-advantaged railcars to grow our large and diverse fleet in North America. We are pleased to partner with a quality supplier such as ARI to solidify our position as the leading global railcar lessor.” Under the terms of the agreement, ARI will deliver 450 railcars in 2019, with the remaining 7,200 delivering ratably from 2020 - 2023. Kenney continued, “The timing of this order is consistent with our expectation of a gradual recove
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- GATX Corporation Reports 2024 First-Quarter Results [Yahoo! Finance]Yahoo! Finance
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GATX
Earnings
- 4/23/24 - Beat
GATX
Sec Filings
- 4/23/24 - Form 8-K
- 3/15/24 - Form ARS
- 3/15/24 - Form DEFA14A
- GATX's page on the SEC website