General American Transportation Corporation - 1970's dated Automotive, Aircraft and Railroad Bond
Inv# AB5016 Bond
Various Denomination Bonds printed by American Bank Note. Available in Blue, Orange or Red. Please specify color.
General American Transportation Corporation (GATX), now globally recognized as the General American Transportation Corporation, is a leading lessor of transportation assets headquartered in Chicago. Founded in 1898 by Max Epstein with a modest fleet of 48 used railcars, the company pioneered the concept of long-term leasing for specialized equipment to shippers. Over its century-long history, GATX expanded from simple car leasing into manufacturing, a business it exited in 1984. Today, it plays a crucial role in the global supply chain by providing highly specialized rolling stock for the petroleum, chemical, and food industries.
GATX operates as a leading global railcar lessor, with substantial fleets across North America, Europe, and India. Beyond its core rail operations, the company has diversified into aircraft spare engine leasing through a significant joint venture with Rolls-Royce and manages a global fleet of tank containers through its Trifleet subsidiary. As of 2026, GATX continues to uphold its long-standing reputation for financial stability, maintaining an impressive streak of uninterrupted quarterly dividends that dates back to 1919.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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