good and Shari, morning, Thank you, everybody.
had expectations add of complement thought environment the year. year, the comments that the focus I'll I'd the some the introduction Shari's into we I now we're versus on halfway point Given coming past overall to and
we what you thought we very first line XXXX has year of back always coming the as And of way. way, much in what the the expected. largely and out can is, gave half with fact doesn't our because It when this rarely year with half keep into these discussed first January. this in we I comments outlook occur brief occurs tracked the played But the
little North in and traffic. plan the way has America, very what rate And recovery is and continues Rail of the an we At job. stated occurred. that for we in existing carload The that a term. very supply extend That's Demand recovery to able is to what realize largely do railcars growth outstanding for, expected we was been and we've organization appropriate stable. increases side-driven commercial
we revenue America is year. result, which the income growth, we thought, the a we point at expense, performance well line net in you're at profit. talking very financial that's been maintenance has As where about interest which thought as be with or strong, would consistent our North of of are same remarketing as And Rail segment with this whether both where
All with in line the in second again, reflected That's and year of outlook environment range. line with in quarter and quarter, the market was XX% of overall standpoint LPI, these in forecast, our is essentially our the coming commercial first a XX% plus in from the XX% really positive. full are which
Same their what for customers and fact anticipated. is rolling up for want our existing our highlighting really the strong, stock quarter and we have to been a several change were quarters, even which this rates, renewal sequential success hold holding lease flat in that rate, is which on to
full the to a year the that's such positive had measures. see adjust our for performance and which we year coming issues North that or would major America, on into changes given horizon, key lead Rail strong situation, no we expectations us So
it this thought in pushed and story we of getting to one Rail was year, we market chance really that's second have point bit. in a general, similar as there half is a strong. the be At in a that but Europe, demand reasonable the Rail market to At out GATX International, only appears recovery for the out where sector, relates where caveat, I'd intermodal
is fleet. a of part our Fortunately, Intermodal overall small
We've the continue expectations customer our offset We And year, count. coming So high The appear mark. warranted. their in weakness base across crossed growth, car have and seeing had be and mentioned, has fleet the Europe. excellent XX,XXX other into we in the election there should expand wagon nationwide those We're Shari completed process. Rail to country areas GATX and type be in to as offerings. strong economic growth we India,
Leasing, owned our travel strong or within utilization much occurred whether than high It's portfolio, we our it's Engine spare that's anticipated. pool. assets. our in our and Within has air or for wholly engines recovery those see venture global through to our demand leading of joint very The in faster continuing,
and came mark, $XXX we're lastly, year billion put million. capital attractive the the just year to to returns. at to And volume at full continue halfway find over attractive we the $X.X We range into expecting ways work in
So much seeing opportunities essentially a this on across track. on very And positive units. we're business note, these
and the turns always first while there half occur. year, which overall, some the have of So twists through been
Our internationally, America good commercial operational that's and as out these well, and have thing. year a teams and is playing largely planned, here in navigated extremely the North both and
So we'll go with that, to Q&A.
