GATX Corporation recently released a transcript from their participation in the Wells Fargo Industrials & Materials Conference, held on June 10, 2025. The event featured a session with Robert Lyons, President and CEO of GATX, discussing the company's strategic initiatives and competitive positioning in the transport sector. A significant highlight from the discussion was the announcement of a new joint venture with Brookfield Infrastructure Partners. This venture involves acquiring all of Wells Fargo Rail's assets, totaling 105,000 railcars, with GATX as the controlling partner. Lyons remarked, "The benefits long term for GATX are the fact, again, we're going to continue to diversify our fleet." The conversation also touched on GATX's history and core business focus. Lyons stated, "We've been in Chicago for 127 years. Started here as a railcar leasing company in 1898. That's still what we do today." The full transcript can be accessed through the link below.