TRN - Mergers and acquisitions

Trinity Industries, Inc. (NYSE:TRN) ("Trinity") today announced the acquisition of RSI Logistics ("RSI") for a purchase price of $70 million. RSI Logistics is a data-centric provider of proprietary software, logistics services, and terminal management solutions to the North American rail industry. Named by Inbound Logistics as a "Top 100 3PL Company" in 2021 and 2022, RSI supports 46 Fortune 500 customers with software and logistics services. RSI offers a full suite of services through four uniquely positioned and synergistic business units: Software, Logistics Services, Terminals, and Intermodal Transportation. "We are excited about the acquisition of RSI Logistics. It is another step as

Trinity Industries, Inc. (NYSE:TRN) ("Trinity") today announced the acquisition of Holden America ("Holden") for an initial purchase price of $70 million with an additional minimum of $5 million per year for the next two years. This acquisition of Holden, a manufacturer of market-leading multi-level vehicle securement and protection systems, gravity-outlet gates, and gate accessories for freight rail in North America, provides Trinity a market-leading bi-level chock system. Along with Trinity's existing tri-level chock system, this acquisition strengthens Trinity's position as the leading manufacturer of autoracks in North America and allows the company to take advantage of an improving aut

Trinity Industries, Inc. (NYSE:TRN) ("Trinity") today announced the acquisition of Quasar Platform Inc. ("Quasar") from Cando Rail & Terminals Ltd.. Quasar is an end-to-end rail logistics software platform providing a real-time data universe to freight rail shippers and operators. The acquisition enhances Trinity's digital product portfolio, including Trinsight™, by adding additional capabilities like yard management, activity-based costing, and new data visualization tools. "Shippers are looking for solutions that increase efficiency and visibility of their supply chain, and the Quasar team puts tremendous value on solving customer challenges and being responsive to rail shippers' needs,"