TTX Company · Chicago, IL United States
Company Description
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This link will open in a new window TTX keeps the railroad industry in the US and Canada chugging along by leasing railcars. Railroad operators often opt to lease railcars rather than buy them in order to be more nimble in adjusting to changes in demand. TTX's fleet of more than 210,000 railcars includes three types: intermodal, designed to carry shipping containers; autorack, for vehicles; and general use, for items such as lumber, steel, and farm and construction equipment. Its operations are supported by the Southeastern Repair Division with facilities in Florida, and South Carolina. TTX is owned by the largest US and Canadian railroads, which are also the company's main customers. To read the full description, subscribe now.
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Key TTX Company Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $1,118.1 |
| 2007 Employees | 1,800 |
TTX Company Executives
11 executives listed for TTX Company's Chicago, IL location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Thomas Wells | Network |
| VP and CFO | Kathleen Savard | Network |
| VP and Chief Information Officer | Bruce Schinelli | Network |
Competition
Competitive Landscape for TTX Company
Demand for freight rolling stock is driven by fuel prices, as high gas prices shift freight transport from trucks to rail. Demand for passenger rail rolling stock is driven by public investment in regional rail transportation. The profitability of individual companies depends on securing long-term sales contracts with railroad companies and leasing agencies. Large companies have advantages in manufacturing economies of scale. Small companies can compete effectively through consulting services and custom-building locomotive and passenger railcars. The industry is highly capital-intensive: average annual revenue per worker is $350,000. To read the full description, subscribe now.Top TTX Company Competitors
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