Norfolk Southern, Genesee & Wyoming, Watco Companies, GATX Corp. and TrinityRail are developing a telematics platform for railcars to provide real-time car location and condition/health monitoring data. Called “Rail Pulse,” it will help shippers, car owners/lessors and railroads better manage consists, incidents and maintenance. Rollout is expected by year-end 2022.
Trinity Industries, Inc. has reported financial and operating results for third-quarter 2020 that reflect “solid execution against numerous headwinds, including competitive pricing, declining deliveries, and difficult decisions in rightsizing our operations,” CEO and President Jean Savage said.
Trinity Industries, Inc. announced financial and operating results for second-quarter 2020, and, like many in the industry, it navigated “significant headwinds related to the COVID-19 pandemic and economic fallout”—to the tune of a $206.9 million loss. Quarterly total company revenues of $509 million and quarterly loss from continuing operations per common diluted share (EPS) of $1.76 and quarterly adjusted EPS of $0.02.
Trinity Industries announced first-quarter 2020 total company revenues of $615.2 million; quarterly earnings from continuing operations per common diluted share (EPS) of $1.33, an increase of $1.09 year-over-year; and quarterly adjusted EPS of $0.11 and excludes $0.04 per share related to restructuring activities, $0.03 per share related to the early redemption of high coupon debt, and $1.29 per share related to the effects of the Coronavirus Aid, Relief, and Economic Security Act of 2020 (CARES Act).
Trinity Industries, Inc. announced earnings results for the first quarter ended March 31, 2020, which includes total revenues of $615.2 million and earnings from continuing operations per common diluted share (EPS) of $1.33, an increase of $1.09 year-over-year.
Trinity Industries, Inc. realigned responsibilities for some of its most senior executives, effective April 1, 2020. Specifically, Eric R. Marchetto has been appointed Chief Financial Officer, and W. Relle Howard, currently Vice President and Chief Administrative Officer, will return to his previous role as Chief Information Officer.
Trinity Industries, Inc. released its 4Q19 and full-year 2019 earnings, which show it saw quarterly total company revenues of $850.7 million, reflecting growth of 15.7% year-over-year, but also quarterly earnings from continuing operations per common diluted share (EPS) of $.18, a yearly decrease of 5%.
Cowen and Company recently released its Railcar Industry Forecast, which predicts 21% and 9% declines in deliveries and orders, respectively, this year.
Trinity Industries, Inc. recently named Gregg B. Mitchell the Chief Commercial Officer of TrinityRail.
Trinity Industries, Inc. recently announced earnings results for the third quarter ended September 30, 2019, which include “significantly improved” year-over-year growth in revenue, operating profit and earnings per share.
