American Steamship
Marine Shipping & Transportation · New York, United States · 51-200 Employees
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Overview
Headquarters
500 Essjay Rd Ste 200, Buffalo, New York...Phone Number
(716) 635-0222Website
www.americansteamship.comRevenue
$28.3 MillionIndustry
ZI Rank: 4
Signal Type
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ZI Rank
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About American Steamship
Mainstay Maritime is a leading provider of marine bulk and liquids logistics infrastructure in the Great Lakes Region, boasting 118 years of experience. The company operates a diverse fleet of 26 vessels, including self-unloading bulk carriers and petroleum units, ensuring maximum flexibility and safety in operations. With a commitment to excellence, Mainstay's dedicated team of professionals delivers comprehensive supply chain solutions while maintaining a world-class safety record. Their primary clients include businesses requiring efficient and reliable transportation of goods across the Great Lakes, both in Canada and the U.S.Explore more
American Steamship Org Chart
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Activity Insights
American Steamship is experiencing very low activity levels compared to other companies in the Transportation sector.
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American Steamship is drawing exceptional interest within the Transportation industry, suggesting notable developments or strong market momentum, learn more about American Steamship.
American Steamship Tech Stack
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American Steamship News & Media
GATX Corporation Completes Sale of American Steamship Company Business Segment
CHICAGO, May 14, 2020 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that it completed the sale of its American Steamship Company (ASC) business to Rand Logistics, LLC for approximately $260 million in cash proceeds, subject to customary post-closing adjustments. This is the final step in the sale of ASC to Rand Logistics, LLC, as previously announced on Feb. 10, 2020. GATX Corporation Reports 2020 First-Quarter Results
CHICAGO, May 04, 2020 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2020 first-quarter net income of $46.3 million or $1.31 per diluted share, compared to net income of $41.5 million or $1.12 per diluted share in the first quarter of 2019.GATX Sells Dry Bulk Vessel Segment
Railcar lessor GATX (NYSE: GATX) is selling its dry bulk vessel business segment, American Steamship Company (ASC), to Rand Logistics. read moreGATX Corporation to Sell American Steamship Company Business Segment to Rand Logistics, Inc.
CHICAGO, Feb. 10, 2020 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that it has entered into a stock purchase agreement for the sale of its American Steamship Company (ASC) business to Rand Logistics, Inc. for a purchase price of $260 million, subject to working capital and other closing adjustments. GATX expects the net sales proceeds to reduce its new debt issuance in 2020.
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Frequently Asked Questions Regarding American Steamship
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Mainstay Maritime is a leading provider of marine bulk and liquids logistics infrastructure in the Great Lakes Region, boasting 118 years of experience. The company operates a diverse fleet of 26 vessels, including self-unloading bulk carriers and petroleum units, ensuring maximum flexibility and safety in operations. With a commitment to excellenc... Read More
