Railway Interchange

Trinity Industries President and CEO Jean Savage

Trinity Set Up for 2H23 Growth, Says 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.

(Photograph by William C. Vantuono)

ARCI: 2Q23 Freight Car Numbers on the Rise

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows increases in railcar orders, deliveries and backlog in 2023’s second quarter—both sequentially and year-over-year.

Railway Interchange Postponed

The organizers of Railway Interchange announced March 4 that the largest Rail Industry Conference and Exhibition in North America will be postponed until 2023.