‘Women in Rail’: Ramirez, Moreno, Schrampfer to Address ERGs
The 2023 Railway Age / RT&S Women in Rail event, to be held Nov. 2 in Chicago, will feature a panel of corporate diversity leaders discussing the importance of Employee Resource Groups
The 2023 Railway Age / RT&S Women in Rail event, to be held Nov. 2 in Chicago, will feature a panel of corporate diversity leaders discussing the importance of Employee Resource Groups
Topping the list of reasons to attend Railway Age / RT&S Women in Rail, to be held Nov. 2 in Chicago, is opening speaker Judy Carter, Senior Vice President and Chief Human Resources Officer at BNSF.
The industry conversation continues with Railway Age / RT&S Women in Rail 2023—our first in-person Women in Rail conference covering the freight, passenger and transit rail sectors. The Nov. 2 conference, presented
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.
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.
The North American Rail Shippers Association (NARS) will host its annual meeting May 24-26, 2023, in Chicago. This year’s theme is “A New Era in Railroading.”
The American Chemistry Council (ACC) has recognized Norfolk Southern (NS), Trinity Industries and GATX for safety and environmental stewardship as part of its 2023 Responsible Care® Awards program. Also, Nisus Corporation has
!["[The acquisition] is another step as we seek to expand our service offerings with complementary solutions that make rail a more compelling mode of transportation," said Trinity President and CEO Jean Savage.](https://www.railwayage.com/wp-content/uploads/2023/03/Caterpillar_E_Jean_Savage-315x168.jpg)
Trinity Industries, Inc. announced March 9 that it has acquired RSI Logistics, a data-centric provider of proprietary software logistics services and terminal management solutions to the North American rail industry, for $70 million.
At Trinity Industries, the Railcar Leasing and Management Services Group continues to see “lease rate improvement and strong utilization,” and the Rail Products Group “again faced labor and supply chain challenges, impacting deliveries and margins,” President and CEO Jean Savage reported during a fourth-quarter and full-year 2022 earnings announcement on Feb. 21.
Tightness across a wide array of freight cars has continued, and with supply chain challenges limiting the industry’s ability to produce to demand, the lease rate momentum looks sustainable, according to expert panelists at Cowen and Company’s Jan. 19 webinar on the current state and outlook of the rail, locomotive, and railcar leasing and manufacturing markets.