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Rail International

Rail International is composed of our operations in Europe ("GATX Rail Europe" or "GRE"), and wholly owned railcar leasing businesses in India ("Rail India"), and Russia ("Rail Russia"). GRE leases more than 24,000 railcars, predominantly tank cars, to customers throughout Europe.

Rail India began operations in 2012 as the first company registered to lease railcars under the Indian Railways Wagon Leasing Scheme. As of December 31, 2017, Rail India owned over 1,000 railcars and entered into contracts to acquire approximately 350 additional railcars to be delivered in 2018.

Rail Russia established a wholly owned subsidiary in 2012, and as of December 31, 2017, owned over 150 railcars and had commitments to acquire approximately 165 railcars to be delivered in 2018.