GATX Corporation (NYSE:GATX) Q3 2023 Earnings Call Transcript

What keeps me awake at night is the bigger macro factors that are outside of GATX’s control. And we’ve seen a number of those in the last couple of years, whether it’s the pandemic, the war in Ukraine, kind of the unpredictable macro things are what keep me awake at night. But I guess what allows me to go back to sleep at night is we’ve been through those for 125 years, and we have the business in a really, really stable, strong foundation right now that we can respond and accordingly, whatever macro challenges are thrown our way.

Tom Ellman: And Bascome, I would say, to some degree, you answered your own question, when you talked about that we’ve been talking constructively about each segment and then Bob reminded that the investment volume has been strong across all those segments. So one of the sources of resiliency and strength is that there’s really some reason for optimism across all those segments.

Bascome Majors: Thank you, Bob. Thank you, Tom.

Bob Lyons: Yes. Thank you.

Operator: And we have reached the end of our question-and-answer session. Ms. Shari Hellerman, I turn the call back over to you for some final closing remarks.

Shari Hellerman: I’d like to thank everyone for their participation on the call this morning. Please contact me with any follow-up questions. Thank you.

Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect.