Trinity Industries

(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, at Cowen Research, are taking a closer look at the more long-lasting changes across the supply chain and consumers. A multi-sector angle provides insight into the long-term impact for supply chains and beneficiaries of these shifts.

  • News

‘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 of BNSF; Jenny Bush, President of Cummins Power Systems Business; and Jean Savage, CEO and President of Trinity Industries, Inc. Need more reasons to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET.? Here are five.

  • News

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 supply sectors find and attract top female talent. Hearing from leading industry women like Canfield and Dornan is just one reason to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET. Need more reasons? Here are five.

“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 Rail North America remains high at 99.6% and our renewal success rate was 87.2% during the quarter.”

“We continue to be enthusiastic about our business, and expect a solid fourth quarter to close the year with strong momentum and visibility for 2023,” Trinity President and CEO Jean Savage said on Oct. 25.

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 believe we will perform well in the coming years given our robust backlog and the favorable re-pricing environment for lease rates.”

  • News

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 lessons learned from the Class I railroad C-Suite, is just one reason to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET. Need more reasons? Here are five.

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 order up to 500 more railcars per year from 2023 to 2028.

  • News

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 industry women like Moore is just one reason to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET. Need more reasons? Here are five.

  • News

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 industry women like Farmer is just one reason to participate. Need more? Here are five.