UNITED States freight wagon leasing compnay GATX announced on August 1 that it has entered into an agreement with American Railcar Industries to purchase 7650 new wagons.
SMBC Rail Services, a subsidiary of Sumitomo Mitusi Banking Corporation, has agreed to acquire American Railcar Leasing, the sixth largest wagon leasing company in the United States with a fleet of 34,300.
THE Greenbrier Companies has rejected American Railcar Industries bid of around $US 543m for the company describing the offer as "inadequate" and one that "grossly undervalues the company and is not the best interest of Greenbrier stockholders."