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     154  0 Kommentare GATX Corporation to Sell American Steamship Company Business Segment to Rand Logistics, Inc. - Seite 2


    The following factors, in addition to those discussed under “Risk Factors” and elsewhere in this report and in our other filings with the U.S. Securities and Exchange Commission (“SEC”), could cause actual results to differ materially from our current expectations expressed in forward-looking statements:
    • exposure to damages, fines, criminal and civil penalties, and reputational harm arising from a negative outcome in litigation, including claims arising from an accident involving our railcars and other transportation assets
    • inability to maintain our transportation assets on lease at satisfactory rates due to oversupply of assets in the market or other changes in supply and demand
    • a significant decline in customer demand for our assets or services, including as a result of:
      • weak macroeconomic conditions
      • weak market conditions in our customers’ businesses
      • declines in harvest or production volumes
      • adverse changes in the price of, or demand for, commodities
      • changes in railroad operations or efficiency
      • changes in railroad pricing and service offerings, including those related to "precision scheduled railroading"
      • changes in supply chains
      • availability of pipelines, trucks, and other alternative modes of transportation
      • changes in condition affecting the aviation industry, including geographic exposure and customer concentrations
      • other operational or commercial needs or decisions of our customers
      • customers’ desire to buy, rather than lease, our transportation assets
    • higher costs associated with increased assignments of our transportation assets following non-renewal of leases, customer defaults, and compliance maintenance programs or other maintenance initiatives
    • events having an adverse impact on assets, customers, or regions where we have a concentrated investment exposure
     
    • financial and operational risks associated with long-term railcar purchase commitments, including increased costs due to tariffs or trade disputes
    • reduced opportunities to generate asset remarketing income
    • inability to successfully consummate and manage ongoing acquisition and divestiture activities
    • operational and financial risks related to our affiliate investments, including the Rolls-Royce & Partners Finance joint ventures and the durability and reliability of aircraft engines
    • fluctuations in foreign exchange rates
    • failure to successfully negotiate collective bargaining agreements with the unions representing a substantial portion of our employees
    • asset impairment charges we may be required to recognize
    • deterioration of conditions in the capital markets, reductions in our credit ratings, or increases in our financing costs
    • uncertainty relating to the LIBOR calculation process and potential phasing out of LIBOR after 2021
    • competitive factors in our primary markets, including competitors with a significantly lower cost of capital than GATX
    • risks related to our international operations and expansion into new geographic markets, including the inability to access railcar supply and the imposition of new or additional tariffs, quotas, or trade barriers
    • changes in, or failure to comply with, laws, rules, and regulations
    • inability to obtain cost-effective insurance
    • environmental remediation costs
    • our assets may become obsolete
    • inadequate allowances to cover credit losses in our portfolio
    • operational, functional and regulatory risks associated with severe weather events, climate change and natural disasters
    • inability to maintain and secure our information technology infrastructure from cybersecurity threats and related disruption of our business
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    GATX Corporation to Sell American Steamship Company Business Segment to Rand Logistics, Inc. - Seite 2 CHICAGO, Feb. 10, 2020 (GLOBE NEWSWIRE) - GATX Corporation (NYSE:GATX) today announced that it has entered into a stock purchase agreement for the sale of its American Steamship Company (ASC) business to Rand Logistics, Inc. for a purchase price …