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News Stories (10 Results) - Trinity Industires

Trinity Industries, Inc. announced its plans to enter into a joint venture with Norfolk Southern, GATX Corporation, Genesee & Wyoming and Watco to create a coalition that is expected to accelerate rail modal transformation through the advancement of... Read Story
November 13, 2020, 07:25 AM


Trinity Industries announced that its Board of Directors has unanimously approved a plan to pursue a spin-off of the Company’s infrastructure-related businesses to Trinity shareholders. The separation is planned as a tax-free spin-off transaction to... Read Story
December 15, 2017, 07:05 AM


Trinity Industries announced that W. Relle Howard has joined Trinity as Vice President, Chief Information Officer, Brian D. Madison has joined the Company as President, Trinity Industries Leasing Company, and Bryan P. Stevenson has been promoted to... Read Story
June 03, 2016, 07:18 AM


Trinity Industries, through its wholly-owned subsidiary, TrinityRail Asset Management Company, LLC (“TRAMCo”) announced the extension of its strategic railcar alliance with Element Financial Corporation. Under the extended alliance, Element is... Read Story
October 15, 2015, 07:05 AM


Trinity Industries announced that its subsidiary, Trinity Industries Leasing Company (“TILC”), has renewed its railcar leasing warehouse facility through April 2018, and increased its capacity from $475 million to $1 billion. “We are pleased to... Read Story
April 10, 2015, 07:00 AM


Napier Park Global Capital LLC (“Napier Park”), a global alternative asset management firm, announced today that its Financial Partners team has completed the initial investment of the Napier Park Railcar Lease Fund, LLC (the “Railcar Lease Fund” or... Read Story
May 13, 2014, 05:59 AM


Element Financial Corporation announced that it has closed its third railcar lease portfolio with the purchase of a further US$118 million worth of leased railcars from Dallas-based Trinity Industries, the leading railcar manufacturer in North... Read Story
March 28, 2014, 06:30 AM


Element Financial (“Element” or the “Company”), announced that it has completed its second railcar portfolio acquisition with the purchase of a further US$396 million worth of leased railcars from Dallas-based Trinity Industries, the leading railcar... Read Story
January 29, 2014, 07:00 AM


Element Financial Corporation (“Element” or the “Company”) announced that it has entered into a strategic alliance with Trinity Industries (“Trinity”) to provide lease financing for up to $2 billion worth of railcars over the next two years. Element... Read Story
December 10, 2013, 07:03 AM


Trinity Industries, Inc. announced it has partnered with an institutional investment fund, Napier Park Railcar Lease Fund LLC (the “Napier Park Fund”) and an additional co-investor who also invested in the Napier Park Fund, to create RIV 2013 Rail... Read Story
May 08, 2013, 07:05 AM