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TTX Company

TTX Company (formerly TrailerTrain) is a provider of railcars and related freight car management services to the North American rail industry. TTX's pool of railcars—over 168,000 cars and intermodal well cars—supports shippers in several industries where flatcars, boxcars and gondolas are required.[1]

TTX Company
FormerlyTrailerTrain
TypePrivate
IndustryFreight car provider
FoundedNovember 1955; 68 years ago (1955-11)
FoundersNorfolk & Western Railway
Pennsylvania Railroad
Rail-Trailer Corp.
Headquarters,
Area served
North America
Key people
Thomas F. Wells, President and CEO
ParentBurlington Northern Santa Fe
Canadian National
Canadian Pacific
CSX Corporation
Ferromex
Kansas City Southern Railway
Norfolk Southern Railway
Pan Am Railways
Union Pacific
SubsidiariesRailbox
Railgon
Websitewww.ttx.com

History edit

TTX was founded as TrailerTrain in 1955 by Norfolk & Western Railway, Pennsylvania Railroad, and Rail-Trailer Corporation.[2] Pennsylvania Railroad employees—6,000 in total—entered possible names in a drawing for the new company, and the name "Trailer Train" won.[3] TrailerTrain's original goals were to standardize TOFC railcar practices, foster the growth of transportation, provide its members with the best available equipment at the lowest cost, and keep its members abreast of new developments. In 1991, the company changed its company name from TrailerTrain to TTX.[citation needed]

TTX operates under pooling authority granted by the Surface Transportation Board. The flatcar pool was first approved in 1974 and then reauthorized in 1989, 1994, 2004, and most recently on October 1, 2014, for a 15-year term.[4]

In late 2023, TTX announced it was relocating its headquarters and 150 employees from Chicago to Charlotte, North Carolina in Spring 2024.[5]

Fleet edit

TTX's railcar fleet consists of flatcars, autoracks, boxcars and gondolas. Half of the fleet is dedicated to flatcars and intermodal wells, with a quarter dedicated to auto racks for hauling finished vehicles. The remaining quarter of the pool includes boxcars, gondolas, and specialized flatcars to carry various general merchandise commodities.[6] TTX provides standardized car types and re-purposes idle assets to serve a dynamic marketplace.

The fleet is maintained through a network of independent repair facilities, TTX-owned Field Maintenance Operations (FMOs) located at intermodal terminals throughout North America, and TTX-owned heavy repair shops located in:[7]

Ownership edit

TTX is privately owned by North America's railroads and is the industry's railcar cooperative. The major railroads listed below all own shares of the company, with a voting member from each railroad making up the TTX Board of Directors.[8]

edit

 
The former logo of the company, replaced in 2008
 

Between 1991 and 2008, the company used a yellow and black logo with speed lines connecting the two T's and an X.

In March 2008, the company released a new logo, colored Tuscan red, in honor of one of the founding railroads, the Pennsylvania Railroad.[citation needed]

See also edit

References edit

  1. ^ "TTX Company". TTX. Retrieved December 28, 2022.
  2. ^ "Piggyback: The Trailer Train Story". Railway Age. May 25, 1964. pp. 44–51.
  3. ^ Buford, Curtis D. (1982). Trailer Train Company: A Unique Force in the Railroad Industry. Newcomen Society in North America. p. 13.
  4. ^ "TTX Company STB Authority". TTX. Retrieved March 30, 2016.
  5. ^ Muccigrosso, Catherine (1 November 2023). "Chicago company chooses South End site to relocate headquarters with 150 jobs". The Charlotte Observer. Retrieved 3 November 2023.
  6. ^ "TTX Equipment". Retrieved March 30, 2016.
  7. ^ "TTX Maintenance Services". Retrieved March 31, 2016.
  8. ^ Railroad Ownership TTX

External links edit

  • Official website  

company, formerly, trailertrain, provider, railcars, related, freight, management, services, north, american, rail, industry, pool, railcars, over, cars, intermodal, well, cars, supports, shippers, several, industries, where, flatcars, boxcars, gondolas, requi. TTX Company formerly TrailerTrain is a provider of railcars and related freight car management services to the North American rail industry TTX s pool of railcars over 168 000 cars and intermodal well cars supports shippers in several industries where flatcars boxcars and gondolas are required 1 TTX CompanyFormerlyTrailerTrainTypePrivateIndustryFreight car providerFoundedNovember 1955 68 years ago 1955 11 FoundersNorfolk amp Western RailwayPennsylvania RailroadRail Trailer Corp HeadquartersChicago Illinois United StatesArea servedNorth AmericaKey peopleThomas F Wells President and CEOParentBurlington Northern Santa FeCanadian NationalCanadian PacificCSX CorporationFerromexKansas City Southern RailwayNorfolk Southern RailwayPan Am RailwaysUnion PacificSubsidiariesRailboxRailgonWebsitewww wbr ttx wbr com Contents 1 History 2 Fleet 3 Ownership 4 Logo 5 See also 6 References 7 External linksHistory editTTX was founded as TrailerTrain in 1955 by Norfolk amp Western Railway Pennsylvania Railroad and Rail Trailer Corporation 2 Pennsylvania Railroad employees 6 000 in total entered possible names in a drawing for the new company and the name Trailer Train won 3 TrailerTrain s original goals were to standardize TOFC railcar practices foster the growth of transportation provide its members with the best available equipment at the lowest cost and keep its members abreast of new developments In 1991 the company changed its company name from TrailerTrain to TTX citation needed TTX operates under pooling authority granted by the Surface Transportation Board The flatcar pool was first approved in 1974 and then reauthorized in 1989 1994 2004 and most recently on October 1 2014 for a 15 year term 4 In late 2023 TTX announced it was relocating its headquarters and 150 employees from Chicago to Charlotte North Carolina in Spring 2024 5 Fleet editTTX s railcar fleet consists of flatcars autoracks boxcars and gondolas Half of the fleet is dedicated to flatcars and intermodal wells with a quarter dedicated to auto racks for hauling finished vehicles The remaining quarter of the pool includes boxcars gondolas and specialized flatcars to carry various general merchandise commodities 6 TTX provides standardized car types and re purposes idle assets to serve a dynamic marketplace The fleet is maintained through a network of independent repair facilities TTX owned Field Maintenance Operations FMOs located at intermodal terminals throughout North America and TTX owned heavy repair shops located in 7 Jacksonville Florida North Augusta South Carolina Waterford Township Michigan Mira Loma CaliforniaOwnership editTTX is privately owned by North America s railroads and is the industry s railcar cooperative The major railroads listed below all own shares of the company with a voting member from each railroad making up the TTX Board of Directors 8 Burlington Northern Santa Fe Canadian National Canadian Pacific Kansas City CSX Corporation Ferromex Norfolk Southern Railway Union PacificLogo edit nbsp The former logo of the company replaced in 2008 nbsp Between 1991 and 2008 the company used a yellow and black logo with speed lines connecting the two T s and an X In March 2008 the company released a new logo colored Tuscan red in honor of one of the founding railroads the Pennsylvania Railroad citation needed See also editList of rolling stock manufacturers Rail terminologyReferences edit TTX Company TTX Retrieved December 28 2022 Piggyback The Trailer Train Story Railway Age May 25 1964 pp 44 51 Buford Curtis D 1982 Trailer Train Company A Unique Force in the Railroad Industry Newcomen Society in North America p 13 TTX Company STB Authority TTX Retrieved March 30 2016 Muccigrosso Catherine 1 November 2023 Chicago company chooses South End site to relocate headquarters with 150 jobs The Charlotte Observer Retrieved 3 November 2023 TTX Equipment Retrieved March 30 2016 TTX Maintenance Services Retrieved March 31 2016 Railroad Ownership TTXExternal links edit nbsp Wikimedia Commons has media related to TTX Company Official website nbsp Retrieved from https en wikipedia org w index php title TTX Company amp oldid 1183236066, wikipedia, wiki, book, books, library,

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