GATX Corp at Cowen Global Transportation & Sustainable Mobility Conference (Virtual) Transcript

Sep 08, 2021 / 02:00PM GMT
Bob Lyons - GATX Corporation - President, Rail North America and EVP

Thank you, Matt, and thank you to the entire Cowen team for the invitation to be here this morning. I will try to get through the slides pretty quickly and then we will get to Q&A. So I think hopefully most participants know who we are, who GATX is. We've been in business since 1898, known mostly for our business in -- our railcar leasing business in North America, but we also have a very sizable presence in Europe, as well, and a growing presence in India. And we operate also in -- through our Portfolio Management segment, we have an interest in the spare aircraft engine leasing business.

If we go to the next slide on the overview of Rail North America, we're best known I think for our tank car fleet, but actually our total North American fleet is about 50-50 between tank and freight. It is highly diversified across customers, car types and commodities. And that's critical to what we do, and I'll probably repeat that several times today and also during the Q&A with Matt.

The key to our business is the

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