Railway Age and Railway Track & Structures are celebrating rail innovations in September. On Sept. 15, 22 and 29, we will host virtual events showcasing new products and innovations that impact the maintenance-of-way and rail industries.
Railcar demand is on the rise, but so is the price of steel, which Cowen and Company estimates has put a 15%-25% premium on newly built equipment.
CN reported May 7 it will purchase 1,000 high-capacity hopper cars from TrinityRail, a move that follows 14 consecutive months of record grain hauls as demand continues to grow in Canada and abroad.
Trinity Industries, Inc. has publishing its inaugural 2020 Corporate Social Responsibility (CSR) Report, which details the company’s ESG (Environmental, Social, and Governance) initiatives and response to COVID-19.
The RailPulse℠ joint venture has selected Princeton Consultants to design its technology platform that “will facilitate and accelerate the adoption of telematics across the North American railcar fleet.”
Trinity Industries’ financial and operating results for fourth-quarter and full-year 2020 reflect “the decline in railcar demand” following the pandemic, President and CEO Jean Savage reported on Feb. 24.
Miner Enterprises has been recognized as a Trinity Premium Supplier, the only “Direct Supplier” selected.
Trinity Industries Leasing Company (TILC) has put into action its new Green Financing Framework. Business affiliate TrinityRail Maintenance Services is scaling back its Vidor, Tex., plant.
TrinityRail has introduced Trinsight™ tracking to provide shippers with railcar and cargo location, condition and status information in real time. The company also reported that its Maintenance Services division has acquired Bay Worx Rail, a Texas-based tank car cleaning business.
Five major rail industry companies—Trinity Industries, Norfolk Southern, GATX, Genesee & Wyoming and Watco Cos.—have entered into a joint venture called RailPulse that is “expected to accelerate rail modal transformation through the advancement of GPS technology and other telematics across the North American railcar fleet.”