Rolls-Roy

“Despite difficult market conditions at Rail North America, outstanding efforts by our commercial team enabled us to maintain fleet utilization above 98% throughout the year,” GATX President and CEO Brian A. Kenney said during a quarterly earnings announcement.

GATX 4Q20: ‘Some Initial Recovery Signs’

Chicago-based GATX Corp. has reported fourth-quarter 2020 net income from continuing operations of $17.8 million, or $0.50 per diluted share, compared with fourth-quarter 2019’s $42.1 million, or $1.18 per diluted share. For full-year 2020, net income from continuing operations was $150.2 million, or $4.24 per diluted share, vs. the prior year’s $180.8 million or $4.97 per diluted share.