Since the Company’s IPO in 2008, we have grown our fleet from about 27,000 to over 63,000 units. Today the Group manages one of the largest railcar fleets in the industry.
As of 31 December 2024, the Group’s Total Fleet of 63,584 railcars is split between universal gondola cars (68% of total) and tank cars (29% of total).
In order to retain maximum operational flexibility and ensure business resilience, Globaltrans seeks to maintain an appropriate balance between the size of its Owned Fleet (97% of total) and the Leased-in Fleet (3% of total). The average age of the Group’s Owned Fleet is currently 16 years compared with a useful life for gondola cars of 22 years and for tank cars of 32 years.
A vigorous, established fleet maintenance and repair programme ensures high levels of fleet reliability, thereby improving operating efficiency and service quality for customers, which in turn drives strong client retention.
63,584 units
Total Fleet
97%
In ownership
16.2 years
Average age of Owned Fleet
Gondola cars
A gondola car is an open-top, high-sided universal railcar designed to carry various bulk cargoes. Gondola cars can be redeployed quickly between different bulk cargoes in response to changes in market demand.
Tank cars
A tank car is designed to carry various liquid cargoes.
Other railcars
Locomotives
Globaltrans operates its own fleet of mainline locomotives, which haul block trains.
All information on this page is at 31 December 2023 unless otherwise stated.
Source: Globaltrans.