Trinity Industries

Amsted Digital Solutions IQ Series gateway mounted on a railcar truck. (Amsted Digital Solutions Photograph)

RailPulse, Amsted Team on Telematics

Amsted Digital Solutions has signed a multi-year agreement allowing RailPulse™—the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network”—to act

In the three months ending March 31, 2024, Trinity’s Rail Products Group delivered 4,695 railcars; received orders for 1,880 railcars, valued at $259.5 million; and had a backlog value of $2.9 billion. (Trinity Photograph)

Trinity: ‘Strong Performance’ in 1Q24

“We are pleased with the progress exhibited in Trinity Industries’ first quarter results,” Jean Savage, President and CEO of the railcar manufacturer and lessor said during a May 1 financial report. “Our results show strong performance in both segments of our business, demonstrating the strength of our platform.”

A finished tank car emerges from Greenbrier’s Concarril assembly plant in Sahagún, Mexico. (William C. Vantuono Photograph)

SIG Takeaways From REF 2024

Conversations at the Rail Equipment Finance Conference 2024 (REF), held March 3-6, “suggest favorable railcar leasing fundamentals should continue at least through 2024 and that new railcar orders should recover from fourth-quarter