GATX

Commentary

Bridging the Telematics Technology Gap: A Conversation With 2 RailPulse Members

As technology continues to evolve at the speed of light and make access to data increasingly available, how does rail keep pace, especially when it comes to monitoring logistics? Today’s solutions are at times considered antiquated and disparate across the industry. RailPulse seeks to answer this question and modernize rail shipping for today’s world and beyond.

People News: IntelliTrans, GATX, Port NOLA, STV

IntelliTrans hires Jim Bell as Chief Technology Officer (CTO). Also, GATX Corporation (GATX) announces a transition plan for Vice President – Government and Industry Affairs at Rail North America; the Port of New Orleans (Port NOLA) appoints Ronald Wendel Jr. as Acting President and CEO of Port NOLA and Acting CEO of New Orleans Public Belt Railroad (NOPB); and STV promotes Philip Hanegraaf to Senior Vice President and Patricia Macchi to Vice President.

Amsted Digital Solutions IQ Series gateway mounted on a railcar truck. (Amsted Digital Solutions Photograph)

RailPulse, Amsted Team on Telematics

Amsted Digital Solutions has signed a multi-year agreement allowing RailPulse™—the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network”—to act

Tom Ellman, CFO, GATX (left); and Shari Hellerman, Head of Investor Relations, GATX (right).
Commentary

GATX Meeting Takeaways From TD Cowen

We spent a day in two Ohio cities with GATX CFO Tom Ellman and Head of Investor Relations Shari Hellerman. Takeaways include: continued strength in North America railcar leasing; growth in India, where GATX constitutes substantially all the private-sector railcar leasing landscape; Europe growth; and a commitment to investing in long-lived, service-intensive assets, an investment grade, and returning excess cash.

A finished tank car emerges from Greenbrier’s Concarril assembly plant in Sahagún, Mexico. (William C. Vantuono Photograph)

SIG Takeaways From REF 2024

Conversations at the Rail Equipment Finance Conference 2024 (REF), held March 3-6, “suggest favorable railcar leasing fundamentals should continue at least through 2024 and that new railcar orders should recover from fourth-quarter

CPKC photo

CPKC Joins RailPulse™ Coalition

Canadian Pacific Kansas City (CPKC) on Feb. 1 announced that it has joined the RailPulse™ Coalition, becoming the third Class I railroad and the tenth member of the coalition, which was established in late 2020 to “to develop, broaden and accelerate the use of GPS and other telematics technologies on railcars that increase safety, efficiency, and visibility across North America’s freight rail industry.”

Bunge Joins RailPulse™ Coalition

Agribusiness company Bunge has signed on as the first railcar-owning shipper of RailPulse™, the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics technology across

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