Trinity Industries vio caer los ingresos y las ganancias en el cuarto trimestre en menos entregas de nuevos vagones y dijo que se espera que los aranceles estadounidenses reduzcan las entregas de la industria en un 20% en 2025. Durante los tres meses que terminan el 31 de diciembre, Trinity con...
Trinity Industries
Trinity Q4 results fall on lower railcar deliveries
Trinity Industries saw revenue and profit fall in the fourth quarter on fewer deliveries of new railcars and said U.S. tariffs are expected to cut industry deliveries by 20% in 2025.
For the three months ending Dec. 31, Dallas-based Trinity (NYSE: TRN) on Thursday reported revenue of $629 million, down from $798 million year over year, and operating profit of $112 million, off from $149 million.
Pretax earnings fell to $191 million from $225 million. Diluted earnings per share totaled 39 cents...
https://www.freightwaves.com/news/trinity-q4-results-fall-on-lower-railcar-deliveries
El crédito fiscal se actualizaría, expandiría la flota de automóviles de carga ferroviaria de EE. UU.
La legislación reintroducida el martes en la Cámara de Representantes establecería un crédito fiscal del 10% para ayudar a actualizar y expandir la flota de automóviles de carga de los Estados Unidos. La Ley de Revitalización de Actividad Comercial (Freight Railcar) de 2025 fue reintroducida en la...
Tax credit would upgrade, expand US rail freight car fleet
Legislation reintroduced Tuesday in the House of Representatives would establish a 10% tax credit to help upgrade and expand the U.S. freight car fleet.
The Freight Rail Assets Investment to Launch Commercial Activity Revitalization Act (Freight Railcar) Act of 2025 was reintroduced in the House by Illinois Republican Rep. Darin LaHood and Democrat Brad Schneider, with 40 original bipartisan co-sponsors.
The bill was originally introduced in 2023.
The three-year, 10% tax credit is designed to help...
https://www.freightwaves.com/news/tax-credit-would-upgrade-expand-us-rail-freight-car-fleet
Trinity Industries Q3 earnings: First Look
Third-quarter revenue declined but operating profit improved for railcar builder Trinity Industries.
Revenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter.
The Dallas-based company (NYSE: TRN) said in an earnings release that lower deliveries of 4,360 railcars was partially offset by favorable pricing and more outside repair work.
Trinity took in orders for 1,810 new railcars.
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https://www.freightwaves.com/news/trinity-industries-q3-earnings-first-look
FreightCar America, Trinity Industries take hit from migrant crossings
Freight traffic disruptions at the U.S.-Mexico border due to high numbers of daily migrant crossings — as well as responses by state and federal officials to those crossings — prompted rail car manufacturer FreightCar America and rail car lessor and manufacturer Trinity Industries to lower their 2023 earnings guidance, executives from both companies said during recent earnings calls.
If the disruptions continue, expect impacts to fourth-quarter results as well, according to Trinity Industries...
Pending rail car retirements, high scrap rates tighten equipment market
Despite lingering macroeconomic uncertainties, rail equipment manufacturers are upbeat about the rest of 2023 and early 2024 based on factors that appear to be supporting the market for rail car leasing and the production of rail cars or rail equipment, according to comments from various company executives during the recent second-quarter earnings season.
Those factors include the anticipated retirement of different types of rail cars and high scrapping rates for rail cars. Inquiries to lease...
Ohio presses Biden for disaster relief for East Palestine
The state of Ohio is asking President Joe Biden to declare East Palestine the site of a major disaster or emergency because of uncertainty over how the health of area residents will be impacted in the future.
A Norfolk Southern train derailed in East Palestine on Feb. 3. Several days following the derailment, NS and state and local officials decided to vent a tank car carrying vinyl chloride over concern that the car was in danger of exploding.
Ohio’s request comes as NS (NYSE: NSC) has filed a...
https://www.freightwaves.com/news/ohio-presses-biden-for-disaster-relief-for-east-palestine
Trinity Industries, GATX and Wabtec see opportunities amid headwinds
Rail equipment manufacturers and rail car lessors see 2023 as a year of opportunities despite lower North American rail volumes in the first quarter. Here’s what officials said about the rail car market during recent earnings calls.
Trinity Industries upbeat on rail car leasing marketTrinity Industries is optimistic that pent-up demand to move volumes will help support rail car leasing in 2023, even though U.S. rail volumes are down year over year. That decline, though, is partly due to...
Rail Roundup: BNSF reaches sick leave agreements with 3 unions
BNSF and three unions — the International Association of Machinists and Aerospace Workers (IAM), the Brotherhood of Railroad Signalmen and the mechanical and engineering department of the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART-MD) — have reached agreements that would grant paid sick days to those members.
The new agreements call for an additional four paid days off to use as sick days, and they provide...
https://www.freightwaves.com/news/rail-roundup-bnsf-reaches-sick-leave-agreements-with-3-unions