News

GATX snaps up Allco wagons

By 2009-01-12T13:58:00

GATX wagons.

GATX: The receivers of Sydney-based Allco Finance Group sold the company's North American lease fleet of 3 650 wagons to GATX Corp during December. The price of US$217m comprised US$30m in cash and the assumption of US$187m in debt.

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