GATX Acquires Leaman Logistics, Appoints CEO

GATX Corporation recently announced that it has acquired the business of Leaman Logistics, Inc., a leading transportation management and integrated logistics solutions provider to the chemical industry. Concurrently, GATX has formed the GATX Chemical Logistics Group by combining Leaman Logistics and GATX's chemical supply chain management and outsourcing businesses: GATX Liquid Logistics, Inc. and GATX Inventory Monitoring Services, Inc. customers.

In addition, GATX announced today that J. Steven Hamilton has been appointed president and CEO of the GATX Chemical Logistics Group. Mr. Hamilton had been president and CEO of Leaman Logistics. Stephen H. Fraser was named executive vice president and COO of the GATX Chemical Logistics Group. Mr. Fraser was formerly the managing director of GATX Liquid Logistics.

GATX Corporation provides financing, asset and logistics solutions for customers and partners worldwide.

For more information: Aaron Hoffman, GATX Corporation. Tel: 312-621-6493.