GATX signs long-term agreement to purchase 15,000 railcars from Trinity through 2028

GATX CORP

Will buy 15,000 newly built railcars over 64 months from Oct 2022 through Dec 2028.
Includes 6,000 tank cars delivered at 100/month from Jan 2024; 9,000 freight/tank mix ordered 1,500/yr 2023-2028.
Option to order up to 500 additional railcars per calendar year starting in 2023.
Pricing on a cost-plus basis with specified adjustments and surcharges over the term.

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