GATX Corp.

Erik Henstra has joined global tank container leasing company Trifleet as Managing Director. Trifleet is a wholly owned subsidiary of Chicago-based GATX Corporation. (Photograph Courtesy of GATX)
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People News: GATX, Bentley, APTA

GATX’s Trifleet Leasing Holding B.V. appoints Erik Henstra as Managing Director. Also, Bentley Systems names Michael Campbell Chief Product Officer and expands the responsibilities of four executives; and the American Public Transportation Association (APTA) selects new Vice Chair and announces Executive Committee and Board of Directors nominees.

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KCS, CP, GATX, Rotary, NASCO Team for a ‘Butterfly Effect’ (Updated)

Here’s something probably not too many rail industry people know: The migration path of the Monarch Butterfly, recently declared an endangered species, closely follows the alignment of the combined north-south Canadian Pacific and Kansas City Southern networks, which (pending merger approval by the Surface Transportation Board) will in early 2023 merge to form CPKC (Canadian Pacific Kansas City), North America’s first transnational freight railroad.

“The adoption of RailPulse technology advances rail safety, enhances our customer service model and drives growth for the rail freight industry at large,” Greenbrier Executive Vice President, Chief Commercial and Leasing Officer Brian Comstock said.

Greenbrier Joins RailPulse Coalition

The Greenbrier Companies, Inc., has signed on with RailPulse, a coalition of railcar owners, builders and operators whose aim is to “aggregate North American railcar fleet data on a single platform” to increase safety and the visibility of customer goods.

GATX 3Q21: ‘Demand Strong, Lease Rates Rise’

“We continue to see improvement across our global railcar leasing markets,” GATX Corp. President and CEO Brian A. Kenney said during a third-quarter 2021 earnings report on Oct. 21; he noted fleet utilization increased to 99.2% at quarter end for North America, and remained high at 98.1% for GATX Rail Europe.

RailPulse will provide a “neutral, open-architecture, industry-wide railcar telematics platform to make it easier to ship by rail and to track rail shipments across the North American rail network,” according to joint venture partners Norfolk Southern, GATX Corp., Genesee & Wyoming, TrinityRail and Watco.

RailPulse Moves Forward on Telematics Platform

The RailPulse℠ joint venture has selected Princeton Consultants to design its technology platform that “will facilitate and accelerate the adoption of telematics across the North American railcar fleet.”