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Trinity Industries

Within the 49% of total shippers who are contemplating railcar orders in the next 12 months, 58% said “yes,” they plan to place orders, versus 54% in third-quarter 2022, and 42% said “maybe,” compared with 46% in third-quarter 2022. This could mean an increased level of certainty about ordering within the total shipper group relative to last quarter. Box and tank cars saw demand improvement relative to third-quarter 2022. Hoppers, gondolas and centerbeams declined relative to third-quarter 2022.
Commentary

Cowen Insight: 4Q22 Shipper Surveys Say …

According to Cowen and Company’s recently conducted fourth-quarter 2022 Rail Equipment and Rail Shipper surveys, the demand for railcars remains strong, and rail-shipping pricing expectations ticked up sequentially. Details follow,…
LRW presented Trinity Industries, Inc., President and CEO Jean Savage with the 2022 Railway Woman of the Year award at the 2023 NRC-REMSA Exhibition Conference in Boca Raton, Fla. (Photograph Courtesy of LRW via LinkedIn)

People News: STB, LRW, IANA

Karen J. Hedlund has been designated Vice Chairman of the Surface Transportation Board (STB). Also, the League of Railway Women (LRW) named Trinity Industries, Inc. President and CEO Jean Savage…
(Autorack Photograph Courtesy of Trinity)

Trinity Acquires Holden America

Trinity Industries, Inc., on Jan. 6 reported the acquisition of Holden America, a Montreal, Quebec-based producer of multi-level vehicle securement and protection systems, gravity-outlet gates, and gate accessories for freight…
(Photograph Courtesy of Port of Long Beach)
Commentary

Cowen: Measuring Supply Chain Shifts

A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment. As the dust begins to settle, we,…

‘Rail Insights: Women in Rail’ Event Set for Nov. 10; Are You Registered?

Topping the list of reasons to attend Railway Age’s inaugural Rail Insights: Women in Rail Conference are headliners Tracy Robinson, President and CEO of CN; Katie Farmer, President and CEO…

Women in Rail Conference: Canfield, Dornan to Address Recruitment

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Merritt Canfield of Meritus Executive Search Excellence and Laurie Dornan of The Greenbrier Companies, discussing how the railroad and…
“Despite a volatile macro environment, we continue to identify attractive long-term growth opportunities in our markets in addition to the signing of a new railcar supply agreement in North America [with Trinity Industries],” GATX Corporation President and CEO Robert C. Lyons said on Oct. 25.

GATX 3Q22: Demand ‘Strong,’ Lease Rates Rise

“Demand for railcars remains strong across our global fleets,” GATX Corporation President and CEO Robert C. Lyons said during a third-quarter 2022 financial report on Oct. 25. “Fleet utilization at…
“The start of 2023 was busy at Trinity as we continued to ramp up production and optimize our business,” Trinity President and CEO Jean Savage said.

Trinity’s Savage: ‘Strong Momentum’ for 2023

Trinity Industries on Oct. 25 reported third-quarter 2022 GAAP and adjusted earnings that “show progress and improvement in our business,” according to President and CEO Jean Savage. “We continue to…

Women in Rail Conference: Whited to Address C-Suite Lessons Learned

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Beth Whited, Union Pacific’s Executive Vice President–Sustainability and Strategy. Hearing from leading industry women like Whited, who will cover…

Trinity Lands $1.8B Multi-Year Railcar Order

Trinity Industries on Oct. 3 reported that it will supply a mix of 15,000 newly built tank and freight railcars to GATX through 2028, with GATX having an option to…

Moore to Help Kick Off ‘Rail Insights: Women in Rail’ Event

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Ontario Northland President and CEO Corina Moore, one of our first Women in Rail award honorees. Hearing from leading…

Farmer Among ‘Rail Insights: Women in Rail’ Headliners

BNSF President and CEO Katie Farmer will top the lineup for Railway Age’s inaugural Rail Insights: Women in Rail Conference, to be held virtually on Nov. 10. Hearing from leading…

‘Rail Insights: Women in Rail’ Event Set for Nov. 10

Railway Age’s inaugural Rail Insights: Women in Rail Conference features a dialogue with the industry’s top women leaders.

Trinity 2Q22: ‘Improvement and Momentum’

Trinity Industries on July 27 reported second-quarter 2022 GAAP and adjusted earnings that “reflect improvement and momentum and reinforce our optimism for the back half of the year,” according to…
According to the Cowen and Company Rail Equipment Survey for 2Q22, it appears that hoppers and gondolas saw demand improvement relative to 1Q22. Containers and centerbeams declined relative to 1Q22.
Commentary

Cowen: 2Q22 Shipper Surveys Say …

According to Cowen and Company’s recently conducted second-quarter 2022 Rail Equipment and Rail Shipper Surveys, the outlook for railcar orders is positive, and rail shipping rates will continue to increase.…

Trinity 1Q22: ‘Clear Line of Sight to Improved Conditions’

Trinity Industries, Inc. reported first-quarter results “highlighted by strong orders and deliveries,” according to President and CEO Jean Savage.
Commentary

Cowen Insight: 1Q22 Shipper Surveys Say …

Cowen and Company transportation analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliott Alper recently conducted their first-quarter 2022 rail equipment and shipper…
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