The conflict between Ukraine and Russia isn’t likely to affect the North American business of railcar lessor GATX, although the company’s European arm is seeing some operational impact, executives said during GATX’s first-quarter earnings call on Wednesday.
While GATX’s profit from its international segment is unlikely to be affected, the company is exposed operationally. GATX (NYSE: GATX) is the leading railcar lessor in Poland, according to CFO Thomas Ellman. It also has a large railcar...
https://www.freightwaves.com/news/rising-steel-costs-ukraine-conflict-shape-gatxs-view-of-2022