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Rail News Home Rail Industry Trends

5/9/2003



Rail News: Rail Industry Trends

TTX orders 2,200 cars to keep pace with increasing intermodal traffic


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TTX Co. recently ordered 2,216 rail cars from four North American car builders. Delivery is expected later this year and in 2004.


TTX ordered 939 three-unit, 53-foot articulated and 880 53-foot stand-alone well cars from The Greenbrier Cos.' Gunderson Inc. and TrentonWorks Ltd., and National Steel Car Ltd. and Thrall-Trinity Freight Car Inc.; 100 89-foot, 100-ton steel-deck flat cars from Johnstown America Corp.; and 300 centerbeam cars from National Steel Car.


"These orders are consistent with our long-term optimism regarding railroad intermodal traffic," said TTX President Andrew Reardon in a prepared statement.


Owned by North America's nine largest railroads, TTX owns and operates a free-running pool of more than 152,000 cars.