Since 2008 when the Group listed on the London Stock Exchange, we have grown our fleet almost threefold from about 27,000 to more than 66,000 units. Today the Group manages one of the largest railcar fleets in the industry.
As of 31 December 2022, the Group’s Total Fleet of 66,115 railcars is split between universal gondola cars (69% of total) and tank cars (28% 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 (94% of total) and the Leased-in Fleet (6% of total). The average age of the Group’s Owned Fleet is currently 14.5 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.
3x
Fleet growth since IPO in 2008
66,115 units
Total Fleet
94%
In ownership
14.5 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, such as metallurgical cargoes, coal or construction materials. Gondola cars are the backbone of the Group’s fleet and can be redeployed quickly between different bulk cargoes in response to changes in market demand.
Tank cars
A tank car is designed to carry liquid cargoes.
Other railcars
Globaltrans’ other railcars fleet includes largely flat cars.
Locomotives
Globaltrans operates its own fleet of mainline locomotives, which haul block trains.
All information on this page is at 31 December 2022 unless otherwise stated.
Source: Globaltrans.