Railcar

Trinity Industries, Inc. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024

Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the fourth quarter and year end ended December 31, 2023.

Key Points: 
  • Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the fourth quarter and year end ended December 31, 2023.
  • “The Rail Products Group faced challenges in the fourth quarter with the border closure and related congestion impacting deliveries and margins in the segment.
  • As a result, we are re-aligning our segments starting in 2024 and moving our maintenance business into the Railcar Leasing & Services segment.
  • This allows us to better leverage our maintenance capabilities to support lease fleet optimization and growth in our services business.”

Trinity Industries, Inc. Announces Second Quarter 2021 Investor Conference Schedule

Retrieved on: 
Friday, April 30, 2021

Our rail-related businesses market their railcar products and services under the trade name TrinityRail\xc2\xae.

Key Points: 
  • Our rail-related businesses market their railcar products and services under the trade name TrinityRail\xc2\xae.
  • The TrinityRail integrated platform provides railcar leasing and management services, as well as railcar manufacturing, maintenance and modifications.
  • Trinity also owns businesses engaged in the manufacture of products used on the nation\xe2\x80\x99s roadways and in traffic control.
  • Trinity reports its financial results in three principal business segments: the Railcar Leasing and Management Services Group, the Rail Products Group, and All Other.

Appalachian Railcar Services Acquires Progress Rail's Amarillo, Texas, Repair Facility

Retrieved on: 
Tuesday, January 5, 2021

COLUMBUS, Ohio, Jan. 5, 2021 /PRNewswire/ --Appalachian Railcar Services ("ARS") has acquired the Amarillo railcar repair facility ("Amarillo") from Progress Rail, a "Caterpillar company.

Key Points: 
  • COLUMBUS, Ohio, Jan. 5, 2021 /PRNewswire/ --Appalachian Railcar Services ("ARS") has acquired the Amarillo railcar repair facility ("Amarillo") from Progress Rail, a "Caterpillar company.
  • "ARS's 12 repair facilities and 600 employees make it the leading network in the industry."
  • "We thank Progress Rail for working with us on this transaction and are looking forward to our future," added Driggers.
  • ARS is one of the largest railcar repair companies in the U.S., providing a range of services including certified tank and freight car repair, railcar cleaning, coating and lining services, mobile repair, on-site customer repair operations, switching operations, and railcar storage.

New Railcar Movers Market Research Report- COVID-19 Analysis Based on Metal and Mineral, Oil and Gas, and CCC Applications| Technavio

Retrieved on: 
Thursday, December 3, 2020

The new railcar movers market research from Technavio indicates Neutral growth in the short term as the business impact of COVID-19 spreads.

Key Points: 
  • The new railcar movers market research from Technavio indicates Neutral growth in the short term as the business impact of COVID-19 spreads.
  • View the full release here: https://www.businesswire.com/news/home/20201202005528/en/
    Technavio has announced its latest market research report titled Global Railcar Movers Market 2020-2024 (Graphic: Business Wire)
    Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the railcar movers market.
  • As the markets recover, Technavio expects the railcar movers market size to grow by USD 2.9 million during the period 2020-2024.
  • Therefore, the railcar movers market share growth by the metal and mineral segment will be significant during the forecast period.

TrinityRail Enters Joint Venture to Transform North America’s Rail Industry

Retrieved on: 
Thursday, November 12, 2020

The new venture, called RailPulse, is committed to develop new standards and systems infrastructure to support the industry in meeting two key objectives.

Key Points: 
  • The new venture, called RailPulse, is committed to develop new standards and systems infrastructure to support the industry in meeting two key objectives.
  • We believe partnering with other leading rail service providers will accelerate widespread adoption of these technologies across the North American railcar fleet and transform rail shipping in the future.
  • The Commonwealth, along with the rail partners that collectively own 20% of the North American railcar fleet, will provide an additional modest investment.
  • A full rollout of the RailPulse platform to North American rail shippers is expected by the end of 2022.

FreightCar America, Inc. Announces Date For Third Quarter 2020 Earnings Conference Call

Retrieved on: 
Wednesday, October 28, 2020

CHICAGO, Oct. 28, 2020 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (Nasdaq: RAIL) will host a conference call and live webcast on Tuesday November 10, 2020 at 11:00 a.m. (Eastern Standard Time) to discuss the Companys third quarter 2020 financial results.

Key Points: 
  • CHICAGO, Oct. 28, 2020 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (Nasdaq: RAIL) will host a conference call and live webcast on Tuesday November 10, 2020 at 11:00 a.m. (Eastern Standard Time) to discuss the Companys third quarter 2020 financial results.
  • The Companys earnings release for the third quarter 2020 will be issued after the market closes on Monday, November 9, 2020 and will be available on the Investor Relations page of the Companys website at www.freightcaramerica.com.
  • To participate in the conference call, please dial (877) 407-0789 or (201) 689-8562, Conference ID 13712647.
  • FreightCar America, Inc. manufactures a wide range of railroad freight cars, supplies railcar parts and leases freight cars through its FreightCar America Leasing Company subsidiaries.

Analysis on Impact of COVID-19- Global Railcar Movers Market 2020-2024 | Evolving Opportunities with Calbrandt and Nordco INC.| Technavio

Retrieved on: 
Thursday, August 13, 2020

The global railcar movers market size is expected to grow by USD 2,904.43 thousand as per Technavio.

Key Points: 
  • The global railcar movers market size is expected to grow by USD 2,904.43 thousand as per Technavio.
  • In addition, the growth in industrialization worldwide is anticipated to boost the growth of the railcar movers market.
  • The railcar movers market is expected to be driven by the rise of the oil and gas and mining industries.
  • Major Five Railcar Movers Companies:
    Calbrandt operates its business through four segments such as reilcar movers, railcar gate openers, railcar retarders, and conveyor lifts.

Wabtec Launches BlueFilter® to Provide Clean Air for Transit Rail Passengers

Retrieved on: 
Monday, June 1, 2020

Wabtec Corporation (NYSE: WAB) launched an air-filtration innovation, called BlueFilter, to provide a clean, healthy environment for passengers on metro and trains.

Key Points: 
  • Wabtec Corporation (NYSE: WAB) launched an air-filtration innovation, called BlueFilter, to provide a clean, healthy environment for passengers on metro and trains.
  • The TV-tested filter continuously provides fresh and clean air onboard metro and railcars by removing more than 90 percent of contaminants per air cycle.
  • They are looking for solutions that enhance safety, improve the air quality and reassure their passengers of a clean environment in the railcars.
  • The BlueFilter provides transit operators that confidence by dramatically reducing contaminants in the railcars compared to todays standard filters.

Shuttlewagon Announces New Zero Emission, All-Electric Railcar Movers

Retrieved on: 
Monday, January 6, 2020

KANSAS CITY, Mo., Jan. 6, 2020 /PRNewswire/ -- Shuttlewagon announces the addition of the SWXe series of compact electric railcar movers to its expansive line of mobile railcar movers.

Key Points: 
  • KANSAS CITY, Mo., Jan. 6, 2020 /PRNewswire/ -- Shuttlewagon announces the addition of the SWXe series of compact electric railcar movers to its expansive line of mobile railcar movers.
  • The SWXe Compact Electric Series adds seven new all-electric models to Shuttlewagon's growing portfolio of diesel railcar movers, and the all-electric NVXe.
  • Shuttlewagon is collaborating with Colmar Technik S.p.A. to provide the most complete offering of electrics in the industry.
  • Shuttlewagon has been an innovator with Commander and Navigator models in mobile railcar movers since 1972.

FreightCar America, Inc. Announces Date for Third Quarter 2019 Earnings Conference Call

Retrieved on: 
Thursday, October 17, 2019

An audio replay of the conference call will be available beginning at 1:00 p.m. (Eastern Daylight Time) on October 31, 2019 until 11:59 p.m. (Eastern Standard Time) on December 1, 2019.

Key Points: 
  • An audio replay of the conference call will be available beginning at 1:00 p.m. (Eastern Daylight Time) on October 31, 2019 until 11:59 p.m. (Eastern Standard Time) on December 1, 2019.
  • An audio replay of the call will be available on the Companys website within two days following the earnings call.
  • FreightCar America, Inc. manufactures a wide range of railroad freight cars, supplies railcar parts and leases freight cars through its FreightCar America Leasing Company subsidiaries.
  • FreightCar America designs and builds high-quality railcars, including bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars, boxcars and coal cars.