Gatx Corporation (GMT) leases, operates, manages, and remarkets rail and marine-based assets in North America, and to a lesser extent, Europe and Asia. The company operates under four segments: Rail North America, Rail International, American Steamship Company, and Portfolio Management. 2013 segment revenue and operating profits are noted in exhibit 1.
(click to enlarge)
Regulations: A $30M Problem
Over the past several years, high-profile train derailments have forced regulatory bodies in both the US and Canada to come out with new regulations regarding the movement of flammable materials. The proposed changes set new requirements for tank cars that transport flammable liquid, requiring older cars to be retrofit to be brought up to code. While the proposed changes have...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|