TNW Corporation and TrinityRail® Announce Premium Integrated Rail Services in Texas Panhandle
TNW Corporation, a privately held operator of short line railroads and logistics centers, is
pleased to announce a strategic alliance with TrinityRail® to expand rail offerings at its Texas North Western Railway (TXNW) line in Sunray, Texas. TXNW and TrinityRail® will offer combined expertise and services to create a one-stop supercenter for railcar storage, certified maintenance, and cleaning. The Sunray, Texas location will now offer: · Over 11,000 Railcar Storage spaces · Tank Car Certified Repair Shop Facility · Fast Track Service for quick turn repair projects · Railcar Cleaning and Flaring · Daily Service with Class I interchange (BNSF) · Under 20 hours release to interchange
TrinityRail® is one of North America’s leading manufacturers of railcars, leasing and servicing an owned and managed fleet of more than 140,000 cars. In addition, they are a leading provider of railcar parts, maintenance, and railcar services. TNW Corporation is a leading provider of railcar storage and owns the largest storage facility in the United States. Their three short line railroads and four logistics centers across Texas offer a variety of logistics and railroad services, including railcar cleaning, scrapping and transloading.
TrinityRail® operates a full-service repair shop for tank car compliance events and 40-car length fast track for quick turn maintenance projects. This new strategic alliance will benefit customers by offering enough capacity to take large returns of 300 or more railcars from a terminating lessee and allowing a more expeditious return to service, providing a comprehensive solution for customers to return TrinityRail’s cars for cleaning, end of lease inspection, and repair.
TNW CEO Paul Treangen said, “TNW and TrinityRail understand our customer’s desire for asset utilization, cost control and quality service. We are very pleased to work with an industry leader like TrinityRail.”
TrinityRail® Senior Vice President of U.S. Operations, Aaron Gooding, commented, “The opportunity for TrinityRail and TNW to partner at the Sunray, TX storage complex provides a unique customer experience. The on-site TNW car cleaning operations coupled with TrinityRail’s repair and maintenance capabilities allow customers to have a single location for cleaning, storage, maintenance, and repair of their fleet.”
About Trinity Industries
Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America. Our businesses market their railcar products and services under the trade name TrinityRail®. The TrinityRail integrated platform provides railcar leasing and management services; railcar manufacturing, maintenance and modifications; and other railcar logistics products and services. Trinity reports its financial results in two reportable segments: the Railcar Leasing and Management Services Group and the Rail Products Group. For more information, visit: www.trin.net.