Conversion of freight shipments from truck to rail, combined with recent developments in innovation, can benefit more than just shippers’ bottom line—and the broader public wins, too. The industry has done an
While rail has traditionally been perceived as an industry driven by men, the fact is women have played a role from the start. Dating back to the late 19th century, individuals like Mary
Conversations at the Rail Equipment Finance Conference 2024 (REF), held March 3-6, “suggest favorable railcar leasing fundamentals should continue at least through 2024 and that new railcar orders should recover from fourth-quarter
We had one-on-one and group meetings with several rail and rail equipment stakeholders at the Rail Equipment Finance Conference 2024 (REF), held March 3-6 in La Quinta, Calif. Putting the pieces together,
![“We are introducing 2024 EPS annual guidance of $1.30 to $1.50, which reflects improving margins in both our segments [Rail Products Group and Railcar Leasing and Management Services Group],” Trinity Industries President and CEO Jean Savage said on Feb. 22.](https://www.old.railwayage.com/wp-content/uploads/2024/02/Caterpillar_E_Jean_Savage-315x168.jpg)
Trinity Industries’ closed out 2023 with revenue up 51% over 2022 and a backlog of $3.2 billion, President and CEO Jean Savage said during an Feb. 22 financial report. Rising leasing rates
We spent two days in three Southeast cities with Trinity Industries CFO Eric Marchetto and head of Investor Relations Leigh Anne Mann. Management articulated what is arguably a railcar paradigm shift: a
As supply chain, labor and border challenges ease, Trinity Industries’ (TRN) year-to-date choppy execution, despite a backdrop of decidedly favorable supply dynamics, should improve leading to 14% 2024 production growth and accompanying
Trinity Industries, Inc. earnings results for the third quarter ended Sept. 30, 2023 showed improvements in revenue, though railcar deliveries fell due mostly to factors the company could not control. Quarterly total
Trinity Industries, Inc. (Trinity) on Oct. 3 announced that it delivered 4,325 new railcars in the third quarter, 685 units below the company’s third-quarter projection, due to “the closing of the U.S.-Mexico border by the U.S. Customs and Border Protection Agency (CBP).”
The 2023 Railway Age / RT&S Women in Rail event, to be held Nov. 2 in Chicago, will feature a panel of human resources and recruitment executives discussing changes in freight and passenger rail recruitment,