New York Times  Oct 23  Comment 
Oregon and Mississippi became the latest states to prohibit further installation of the Trinity Industries ET-Plus rail head, which is thought to have a dangerous defect.
Market Intelligence Center  Oct 22  Comment 
After Tuesday’s trading in Trinity Industries Inc. (TRN) MarketIntelligenceCenter.com's option trade-picking algorithms uncovered a trade that offers a 8.01% or 33.60% (for comparison purposes only), while providing 12.25% downside protection....
New York Times  Oct 22  Comment 
The action came more than two years after the agency learned that Trinity Industries failed to report possibly hazardous design changes to its highway rails.
TheStreet.com  Oct 21  Comment 
NEW YORK (TheStreet) -- Shares of United Technologies arose Tuesday after reporting revenue and earningsathat beat expectations. However, shares declined slightly duringathe company's conference call.a This surprised Jim Cramer, the co-manager...
Benzinga  Oct 21  Comment 
Harley-Davidson (NYSE: HOG) shares moved up 6.17% to $61.98. The volume of Harley-Davidson shares traded was 422% higher than normal. Harley-Davidson posted better-than-expected earnings for the third quarter. Healthstream (NASDAQ: HSTM) shares...
Insurance Journal  Oct 21  Comment 
Trinity Industries Inc. faces a potential liability of $1 billion after a jury found the company defrauded the U.S. by deliberately withholding information about cost-saving changes to its highway guardrail system that potentially made it more...
Wall Street Journal  Oct 21  Comment 
A federal jury decided that a Texas manufacturer should pay $175 million in a case brought by a whistleblower who questioned the safety of thousands of highway guardrail end caps on the nation’s roads.
New York Times  Oct 21  Comment 
A Texas jury awarded $175 million, an amount that could be tripled, in a case against Trinity Industries, which made systems that can malfunction during crashes and wreck cars.
New York Times  Oct 20  Comment 
A Texas jury awarded $175 million, an amount that could be tripled, in a case against Trinity Industries, which made systems that can malfunction during crashes and wreck cars.
newratings.com  Oct 20  Comment 
WASHINGTON (dpa-AFX) - Trinity Industries Inc (TRN) said Monday that a jury in the U.S. District Court for the Eastern District of Texas returned a verdict against the company in a False Claims Act case and awarded $175 million in damages. The...


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Trinity Industries (NYSE: TRN) is a manufacturing company which specializes on railcars. The company makes money by selling railcars, railcar parts, highway products like guardrails, inland barges, wind towers, pressurized and non-pressurized tanks. Trinity Industries also leases tank and freight cars to clients. Most of these leases range from a single year to 20 years in length. The company runs most of its operations in North America.[1] For the full year 2010, Trinity Industries announced a total revenue of $2.2B and a net income of $75.4M..[2]

Trinities manufactured goods rely heavily on the prices for steel, its main raw input. Most of the company's products are built out of steel. Furthermore, steel makes up roughly 60% of the total production cost of each railcar. As a result, shortages in steel, price increases, or the movement of steel mills abroad will increase the cost of the company's operations.[3]

  1. TRN 2010 10-K PART I "Business" pg 1-2
  2. TRN 2010 10-K PART 6 "Selected Financial Data" pg 19
  3. TRN 2010 10-K PART I "Raw Materials and Supplies" pg 4-5
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