Trinity industries, inc. announces $1.8b multi-year railcar order

Dallas--(business wire)--trinity industries, inc. (nyse:trn) (“trinity”) announced that its subsidiary, trinity rail group, llc, has entered into a new long-term railcar supply agreement with gatx corporation (“gatx”) to deliver a mix of 15,000 newly built tank and freight railcars over a six-year period. gatx has the option to order an additional 500 railcars in each order year. under the terms of the agreement, trinity will deliver 6,000 tank cars at a rate of 1,200 cars each year from 2024 t
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