Railcar lessor and rail product manufacturer Trinity Industries (NYSE: TRN) will focus exclusively on servicing the rail industry as the company seeks to shore up its financial well-being.
The change comes as the company abruptly ended its trucking business earlier this month. Trinity also ended a logistics business.
Trinity has three goals for its new strategic framework to lower its financial breakeven point. Those goals are to optimize its railcar lease fleet, reduce the impact of cyclicality...
https://www.freightwaves.com/news/trinity-industries-pinpoints-focus-on-rail