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GATX

Website verified September 2026

Key takeaways

  • Category: Environmental Services, Hoisting & Shaft Equipment, Maintenance & Shutdowns
  • Based in: Chicago Illinois, Edmonton Alberta, Clarkson Ontario and 16 more locations
  • Serves: Austria, Canada, China, Germany, India, Netherlands, Singapore, United Kingdom, United States
  • Operating: Founded 1898

GATX leases transportation assets and provides critical services to customers worldwide with more than 125 years of experience. The company owns and leases railcars, locomotives, tank containers, and aircraft spare engines, with market leadership positions in each business. GATX Rail North America is the premier full-service railcar and locomotive lessor in the United States, Canada, and Mexico. GATX Rail Europe is a leading full-service railcar lessor offering a high-quality and diverse fleet in over 20 European countries. GATX India Private Limited, established in 2012, was the first private company registered to lease wagons under the Indian Railways Wagon Leasing Scheme and is the largest private lessor of railcars in India. Trifleet Leasing, acquired in 2020, is a global top five tank container leasing company serving customers across the world with around 25,000 modern tank containers. GATX’s 50 percent owned joint venture with Rolls-Royce plc, Rolls-Royce and Partners Finance, leases aircraft spare engines to airline customers worldwide, and GATX Engine Leasing began direct investment in aircraft spare engines in 2021. The company provides innovative, unparalleled service that enables customers to transport what matters safely and sustainably while championing employee well-being and community involvement.

GATX has been headquartered in Chicago since founding in 1898 with the purchase of 48 used railcars by Max Epstein. The company began manufacturing its own railcars in 1907, including an insulated tank car developed for a California wine company, and exited manufacturing in 1984. GATX initiated its first quarterly dividend in 1919, which has been paid uninterrupted since, and began listing on the New York Stock Exchange in 1920, celebrating 100 years on the NYSE in 2020. The company expanded into Canada in 1936, Mexico in 1994, Europe in 1997, and India in 2012. In 2002 and 2003, GATX doubled its European fleet size by entering the Polish railcar leasing market with the acquisition of DEC and acquiring the remaining interest in KVG. In 2014, GATX significantly grew its boxcar fleet with the acquisition of 18,500 boxcars, establishing itself as the leader in the boxcar leasing market. The company launched MyGATXRail.com customer portal in 2015 and commemorated its 125th anniversary in 2023.

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Company details

Projects and clients
TankTrainer program launched in 1993 providing training to thousands of customers, rail and yard workers, first responders, and employees, acquisition of DEC in 2002 and remaining interest in KVG in 2003 doubling European fleet, acquisition of 18,500 boxcars in 2014, Trifleet Leasing acquisition in 2020, RailPulse coalition formed with 11 member companies representing over a third of North American railcar fleet, MyGATXRail portal launched 2015, 1926 Miami hurricane relief delivery of 50,000 gallons of pasteurized milk in rail cars within three days, World War II support including transportation and manufacturing of tanks and vital equipment.
Scale
More than 125 years of experience, fleet of 48 railcars at founding in 1898, over 800 employees in maintenance operations dispersed throughout 11 locations, routinely performs maintenance on more than 13,000 cars per year, 18,500 boxcars acquired in 2014, over 26,000 railcars in GATX Rail Europe fleet with average age of 18 years, nearly 200 different wagon types in European fleet, more than 4,200 wagons in India, around 25,000 modern tank containers at Trifleet, multiple aircraft spare engine portfolios, one of the largest aircraft spare engine leasing portfolios in the world., 20 countries
Also worth knowing
Founded in 1898 with purchase of 48 used railcars by Max Epstein establishing one of the first companies to lease railcars to shippers on a long-term basis, developed insulated tank car in 1907 for California wine company creating temperature-controlled car, initiated first quarterly dividend in 1919 paid uninterrupted since, began listing on New York Stock Exchange in 1920, celebrated 100 years on NYSE in 2020, established full-service maintenance network of seven railcar maintenance facilities and two repair centers plus locomotive repair base with mobile repair units, one of the largest owners of tank cars in North America, leader in boxcar leasing market following 2014 acquisition of 18,500 boxcars, owns more Rolls-Royce and V2500-A5 aircraft engines than any other lessor, first private company registered to lease wagons under Indian Railways Wagon Leasing Scheme, founder Max Epstein quote: This company started out with quite a large capital in 1898, only it did not consist of money. It just consisted of ideas, of faith, and of some nerve.

Details prepared by MineListings. GATX can update them by upgrading to Premium.

Frequently asked questions

What does GATX supply?

Railcar and locomotive leasing with full-service or triple-net options, maintenance and repair services including mechanical repairs, interior cleaning, interior and exterior blasting, interior and exterior coatings, valve maintenance and regulatory compliance, railcar modifications and complete rebuilds, locomotive modernization and rebuilding, tank container leasing, aircraft spare engine leasing, customer support and account solutions, engineering support including reliability analysis, inspection plans, car design and specification, chemical engineering, design engineering, and facilities engineering, fleet management and sizing, fleet execution, contract services, mechanical records management, transportation and AAR services, freight and switch invoice oversight, railroad billing and audits, structured finance solutions including sale and leasebacks, finance leases and secured loans, customer training through TankTrainer program, MyGATXRail portal services for real-time fleet management, RailPulse telematics platform membership, industry advocacy and regulatory engagement.

Where is GATX based?

Chicago Illinois, Edmonton Alberta, Clarkson Ontario, Montreal Quebec, Moose Jaw Saskatchewan, Red Deer Alberta, Hearne Texas, Waycross Georgia, Colton California, Terre Haute Indiana, Galena Park Texas, Vienna Austria, Dordrecht Netherlands, Gurgaon India, London England, Houston Texas, Singapore, Hamburg Germany, Shanghai China.

Which industries does GATX work in?

General freight, chemicals, petroleum, agricultural products, steel, coal, aggregates, limestone, gravel, petroleum coke, wood chips, scrap metal, paper products, lumber, forest goods, canned goods, packaged industrial goods, food products, intermodal and containerized cargo, pharmaceutical, food grade, industrial gas, energy, cement, automotive logistics, airline operations.

What equipment or products does GATX offer?

Tank cars including general service tanks and high pressure tanks, boxcars, covered hoppers, open-top hoppers and gondolas, flatcars, intermodal well cars, specialty intermodal railcars, locomotives, tank containers ranging from 14,500 to 26,000 liters including standard tank containers, special tank containers such as electrically heated and cooled tanks, swap bodies, over-wide tanks, lined tanks, gas tank containers, and cryogenic tank containers, aircraft spare engines from Rolls-Royce, CFM International, GE Aviation, and International Aero Engines, TankTrainer (33,500-gallon tank car training unit with climate-controlled classroom car), RailPulse telematics platform., Care

How long has GATX been operating?

Founded 1898, established Indian operations 2012, Trifleet acquired 2020, commenced direct aircraft spare engine investment 2021, 125th anniversary 2023.

What certifications does GATX hold?

Responsible Care Partner certification from American Chemistry Council, Responsible Care Partner of the Year award in 2010 and 2017, first North American railcar lessor to receive American Chemistry Council's Responsible Care Partner of the Year Award, certified Partner in the Responsible Care Partnership Program, compliance with federal regulations and industry requirements, SASB framework reporting alignment with Industrial Machinery and Goods standard.

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