Trinity Industries

Trinity forms alliance, sets fiscal subsidiary

Trinity Industries, Inc. announced Monday, Dec. 9, 2013, a new strategic alliance with Element Financial Corp., which will work with Trinity’s newly formed, wholly-owned subsidiary called TrinityRail Asset Management Co., or TRAMCO.

Trinity Industries 2Q beats Street

Trinity Industries, Inc. late Wednesday, July 31, 2013, posted second-quarter earnings of $84 million, or $1.06 per share, surpassing second-quarter 2012 income of $67.8 million, or 84 cents per share.

For Trinity, a record railcar backlog

Trinity Industries, Inc., in announcing earnings results for the
 first quarter ended March 31, 2013, noted that the company’s Rail Group received orders for 14,505 new railcars during the first quarter,
 increasing the backlog to a record 41,265 units with a record value of $5.1
 billion.