Trinity Set Up for 2H23 Growth, Says Savage

Written by Marybeth Luczak, Executive Editor
Trinity Industries President and CEO Jean Savage

Trinity Industries President and CEO Jean Savage

Trinity Industries’ second-quarter 2023 results “reflect a favorable operating environment and significant positive trends in our business,” President and CEO Jean Savage said during an Aug. 1 financial report. “We continue to see rising lease rates that reflect a balanced railcar fleet and railcar orders and deliveries to support replacement level demand, setting Trinity up for growth in the second half of the year.” TD Cowen weighs in.

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