Railcar and locomotive lessor GATX reported 2024 fourth-quarter net income of $76.5 million or $2.10 per diluted share, compared to net income of $66 million or $1.81 per diluted share in the fourth quarter of 2023.
Chicago-based GATX (NYSE: GATX) said utilization of its Rail North America unit’s wholly owned fleet, comprising approximately 111,400 cars, excluding 8,400 boxcars, was 99.1% at the end of the fourth quarter, compared to 99.3% at the end of the prior quarter and 99.3% at 2023...