(Trinity Photograph)

For Trinity, 1Q25 Reflects ‘Strength, Resiliency’

Trinity Industries President and CEO Jean Savage said in a May 1 financial report that the company’s first-quarter 2025 results “reflect the strength and resilience of our platform,” which provides railcar leasing

“We are introducing our full-year 2025 EPS guidance of $1.50 to $1.80,” Trinity Industries President and CEO Jean Savage said Feb. 20. “This guidance range reflects continued leasing revenue improvement, consistent operating margins, lower deliveries, and a higher proportion of deliveries to our lease fleet with slightly lower gains on lease portfolio sales in support of our net fleet investment targets. (Trinity Industries Photograph)

For Trinity, ‘2025 Performance Will Demonstrate the Strength of Our Platform,’ Savage Says

Trinity Industries’ closed out 2024 with a 10% year-over-year increase for the Railcar Leasing and Services Group and a 68% improvement in profit for the Rail Products Group “despite relatively flat revenue performance,” President and CEO Jean Savage said during a fourth-quarter and full-year 2024 financial and operational report. “In 2025, we expect industry deliveries of 35,000, approximately a 20% decrease from 2024 as uncertainty around tariffs is delaying investment decisions,” she noted.

“G&W is pleased to be at this year's Railway Age [and RT&S] Women in Rail Conference!” the company reported via social media during the event. “Our CEO, Michael Miller, was a featured speaker today on a panel for passenger and freight rail technology and innovation. #womeninrail #railinnovation #railtechnology” (Photograph Courtesy of G&W)

Railway Age/RT&S Women in Rail 2024 Conference Roundup

Railway Age and Railway Track & Structures on Nov. 5-6 returned to Chicago for our second-annual in-person Women in Rail Conference featuring trailblazing women and their allies, who are influencing today’s freight, passenger and transit rail industry.

“This year's consistent performance and our team's dedication are evident in our [3Q24] financial results,” said Jean Savage, President and CEO of Trinity Industries. (Trinity Photograph)

For Trinity, a ‘Strong’ 3Q24 Performance

“Trinity’s third-quarter results once again exhibit strong performance for our business,” Jean Savage, President and CEO of Trinity Industries, said during an Oct. 31 financial report. She added that the railcar manufacturer and lessor is raising its full-year EPS guidance and anticipates ending the year “with continued solid execution and strong financial results.”

The Railway Supply Institute this summer held Innovation in Rail, a one-day event on Capitol Hill. (RSI Photograph)
Commentary

Overheard at ‘Innovation in Rail’

This summer, the Railway Supply Institute (RSI) hosted Innovation in Rail, a one-day event on Capitol Hill focused on rail technology, the regulatory environment, and the economic contributions made by the rail supply

“At our Investor Day in June, we highlighted the strength of our platform, and our second quarter results display significant progress toward our financial targets,” Trinity Industries President and CEO Jean Savage reported Aug. 1. (Atlanta’s Event Photographers)

Trinity’s Savage: 2Q24 Results Show ‘Significant Progress Toward Financial Targets’

“We are encouraged by our second-quarter results and believe they demonstrate the momentum of our operating platform,” Jean Savage, President and CEO of Trinity Industries, said during an Aug. 1 financial report. She added that the railcar manufacturer and lessor is “once again” raising its full-year guidance, “which implies continued strength in operating margins through the balance of 2024.”

Pictured, Left to Right: Jean Savage, Trinity Industries and Parker Hannifin Corporation (Trinity Industries Photograph); Chris Avery, Arctic Gateway Group; and Justin Garrod, HDR. (Photographs courtesy of the respective companies unless otherwise noted.)

People News: PH, AGG, HDR

Trinity Industries’ Jean Savage is elected to the Board of Parker Hannifin Corporation (PH), a motion and control technologies supplier. Also, Manitoba, Canada-based Arctic Gateway Group (AGG) appoints Chris Avery as CEO; and HDR elevates Justin Garrod to Transit and Rail Construction Management Lead.

Six fully electric cranes power NS’s stacking operation at Austell, Ga., which the Class I says “represent a significant step toward reducing environmental impact and increasing operational efficiency.” (NS Photograph)

Class I Briefs: NS, UP

Norfolk Southern (NS) switches from a wheeled to a stacked operation at its Austell, Ga., intermodal terminal. Also, Union Pacific (UP) earns a 2023 Premier Supplier Award from Trinity Industries.

Amsted Digital Solutions IQ Series gateway mounted on a railcar truck. (Amsted Digital Solutions Photograph)

RailPulse, Amsted Team on Telematics

Amsted Digital Solutions has signed a multi-year agreement allowing RailPulse™—the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network”—to act

In the three months ending March 31, 2024, Trinity’s Rail Products Group delivered 4,695 railcars; received orders for 1,880 railcars, valued at $259.5 million; and had a backlog value of $2.9 billion. (Trinity Photograph)

Trinity: ‘Strong Performance’ in 1Q24

“We are pleased with the progress exhibited in Trinity Industries’ first quarter results,” Jean Savage, President and CEO of the railcar manufacturer and lessor said during a May 1 financial report. “Our results show strong performance in both segments of our business, demonstrating the strength of our platform.”

LOAD MORE