as nyse gatx industry railway equipment leasing founded chicago illinois u.s. 1898 1898 headquarters chicago illinois u.s. area served united states revenue us 1.243 billion 2012 1 net income us 137.3 million 2012 1 total assets us 6.1 billion 2012 1 total equity us 1.244 billion 2012 1 number of employees 2 046 2012 1 divisions rail north america rail international american steamship company portfolio management website gatx.com this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . september 2014 learn how and when to remove this template message gatx corporation nyse gatx is an equipment finance company based in chicago illinois . founded in 1898 gatx s primary activities consist of railcar operating leasing in north america and europe . in addition gatx leases locomotives in north america and also has significant investments in industrial equipment and marine assets including ownership of the american steamship company which operates on the great lakes . the ceo chairman is brian a. kenney . gatx corporation is divided into four business segments rail north america rail international american steamship company asc and portfolio management . portfolio management consists largely of the corporation s non rail and non great lakes assets . 2 gatx is one of several major north american rail operating lessors and measured by fleet size ranks as number two in this market behind ge rail services . other major north american rail operating lessors include cit first union union tank car company trinity industries leasing arl and helm financial . gatx derives its name from its primary reporting mark for its north american railcars gatx . the mark itself was derived from gatx s prior corporate name general american transportation . since all non railroad owners of railcars must append an x to the end of their mark gat became gatx . gatx mainly applies the gatx mark to tank cars although the mark has been used in other examples such as with hoppers ; gatx s primary freightcar marks are gacx for general service freight cars ggpx for coal cars gimx for intermodal cars gplx for plastic pellet cars gmtx and llpx for locomotives and gpfx for pressure differential cars . gatx also owns a number of other marks including gabx gaex gfsx gohx gscx ipsx and trix . many gatx cars carry a large gatx logo in the upper right hand corner of the car regardless of the reporting mark they carry ; this logo is applied for marketing reasons and does not have any operational significance . the general american transportation corporation became gatx rail corporation a unit of the gatx corporation on january 1 2000 . 3 4 gatx engages in both full service and net leasing of railcars . in a full service lease a gatx owned mark is applied to the car and gatx maintains the railcar and pays for any required property insurance and property taxes . in a net lease the lessee applies its mark to the car and the lessee pays for any required property insurance and property taxes . often on a net leased car there is no evidence of gatx ownership although some net lease cars carry a gatx logo . the most common type of car in the gatx north american fleet is the tank car ; other major car types include covered hoppers open top hoppers and gondolas . gatx invests in nearly every type of railcar operated in north america . in europe tank cars also make up gatx s largest fleet but unlike in north america gatx s european fleet includes substantial quantities of intermodal cars which are owned in a gatx joint venture called aae cargo . in contrast gatx s north american intermodal car fleet is relatively small . this is true of most north american operating lessors ; historically the bulk of the industry s intermodal investment has been made by ttx corporation which is jointly owned by north america s class i railroads . references edit a b c d e yahoofinance . gatx annual report 2012 . chicago ill . gatx . 2012 . retrieved 2013 04 11 . gatx corporation introduces gatx rail corporation . chicago ill . gatx corporation . 2000 . retrieved 2013 04 11 . gatx annual report 1999 pdf . chicago ill . gatx . 2012 . p. 8 . retrieved 2013 04 11 . external links edit wikimedia commons has media related to general american transportation corporation . gatx official website v t e major private refrigerator car lines of the united states american refrigerator transit co. armour refrigerator line burlington refrigerator express fruit growers express general american transportation corporation hormel and co. merchants despatch north western refrigerator line pacific fruit express railway express agency santa fe refrigerator despatch st. louis refrigerator car co. swift refrigerator line tropicana products union refrigerator transit line western fruit express western refrigerator line retrieved from https en.wikipedia.org w index.php title gatx & oldid 743644759 categories companies listed on the new york stock exchangecompanies based in chicagotransportation companies of the united statesrolling stock leasing companieshidden categories articles needing additional references from september 2014all articles needing additional referencescommons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschitalianopolski edit links this page was last modified on 10 october 2016 at 14 54 . text is available under the creative commons attribution sharealike license ; 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