
Trinity’s Savage: ‘Busy’ Start to 2023 (TD Cowen Update, May 4)
While lease rates and utilization improved in first-quarter 2023 for Trinity Industries’ Railcar Leasing and Management Services Group, margins in the Rail Products Group “continue to reflect headwinds,” according to President and CEO Jean Savage, who said during a May 2 financial report that company officials are “optimistic about what Trinity can accomplish in 2023.” TD Cowen weighs in on May 4.