GATX’s competitors are going to be under greater pressure to deliver the same returns leading them to look at consolidation options of their own.
I was working on another piece but put that on ice to comment on some recent news. GATX and Brookfield announced the acquisition of the Wells Fargo fleet. From Trains,
“Wells Fargo will sell its rail leasing equipment business to a newly formed joint venture of GATX Corp. and Brookfield Infrastructure, the financial company announced Thursday (May 29, 2025).
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Figures are the public tape: AAR via FRED, STB EP 724 via USDA, EIA diesel via FRED. Equity prices are not on this desk. Signal compares dwell with the system average.