GATX Corporation (GATX) leases, operates and manages long-lived, used assets in the rail, marine and industrial equipment markets. GATX also invests in joint ventures that complement existing business activities. Headquartered in Chicago, Illinois, the Company has three business segments: Rail, Specialty and American Steamship Company (ASC). As of December 31, 2008, GATX had balance sheet assets of $6.3 billion, comprised of railcars, marine vessels and joint venture investments. GATX also utilized approximately $1.1 billion of assets, primarily railcars, which were leased-in under operating leases. In 2008, Rail acquired the North American railcar fleet of Allco Finance Group Limited.