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

flatcar A flatcar (US) (also flat car, or flatbed) is a piece of rolling stock that consists of an open, flat deck mounted on trucks (US) or bogies (UK) at each end. Occasionally, flat cars designed to carry extra heavy or extra large loads are mounted ...

boxcar A boxcar is the North American (Association of American Railroads, AAR) and South Australian Railways term for a Railroad car#Freight cars, railroad car that is enclosed and generally used to carry freight. The boxcar, while not the simpl ...

s and gondolas are required.

History

TTX was founded as TrailerTrain in 1955 by Norfolk & Western Railway,

Pennsylvania Railroad The Pennsylvania Railroad ( reporting mark PRR), legal name as the Pennsylvania Railroad Company, also known as the "Pennsy," was an American Class I railroad that was established in 1846 and headquartered in Philadelphia, Pennsylvania. At its ...

, and Rail-Trailer Corporation. Pennsylvania Railroad employees—6,000 in total—entered possible names in a drawing for the new company, and the name "Trailer Train" won. 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. TTX operates under pooling authority granted by the

Surface Transportation Board The Surface Transportation Board (STB) of the United States is an independent federal agency that serves as an adjudicatory board. The board was created in 1996 following the abolition of the Interstate Commerce Commission (ICC) and absorbed regula ...

. 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. In late 2023, TTX announced it was relocating its headquarters and 150 employees from Chicago to

Charlotte, North Carolina Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina and the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United ...

in Spring 2024.

Fleet

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. 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: *

Jacksonville, Florida Jacksonville ( ) is the most populous city proper in the U.S. state of Florida, located on the Atlantic coast of North Florida, northeastern Florida. It is the county seat of Duval County, Florida, Duval County, with which the City of Jacksonv ...

* North Augusta,

South Carolina South Carolina ( ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders North Carolina to the north and northeast, the Atlantic Ocean to the southeast, and Georgia (U.S. state), Georg ...

Waterford Township, Michigan Waterford Township (commonly known simply as Waterford) is a charter township in Oakland County, Michigan, Oakland County in the U.S. state of Michigan. A northern suburb of Metro Detroit, Detroit, Waterford is located roughly northwest of downt ...

* Mira Loma,

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

Ownership

TTX is privately owned by

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

'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.Railroad Ownership
TTX *

Burlington Northern Santa Fe BNSF Railway is the largest freight railroad in the United States. One of six North American Class I railroads, BNSF has 36,000 employees, of track in 28 states, and over 8,000 locomotives. It has three Transcontinental railroad, transcontine ...

* Canadian National *

Canadian Pacific Kansas City Canadian Pacific Kansas City Limited, Trade name, doing business as CPKC (known as Canadian Pacific Railway Limited until 2023), is a Canadian railway holding company. Through its primary operating railroad subsidiaries, Canadian Pacific Railw ...

CSX Corporation CSX Corporation is an American holding company focused on rail transportation and real estate in North America, among other industries. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merge ...

* Ferromex *

Norfolk Southern Railway The Norfolk Southern Railway is a Class I freight railroad operating in the Eastern United States. Headquartered in Atlanta, the company was formed in 1982 with the merger of the Norfolk and Western Railway and Southern Railway. The comp ...

Union Pacific The Union Pacific Railroad is a Class I freight-hauling railroad that operates 8,300 locomotives over routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second largest railroad in the United States after BNSF, ...

Logo

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.

References

External links