Rail supplier news from Trinity Industries, Engineering Systems and Verisk

Trinity Industries Inc. reported third-quarter 2025 revenue of $454 million decreased from $799 million Q3 revenue due to lower external deliveries in the rail-car group. Trinity posted net income of $31.4 million, down from $37 million, and diluted earnings per share of 38 cents, down from 44 cents, a year ago. Leased fleet utilization was 96.8%; and future lease rate differential was 8.7% at the end of the quarter, Trinity officials said in a press release. Trinity reported 1,680 rai- car deliveries and 350 new rail-car orders in the quarter, according to a company press release..

Engineering Systems Inc. (ESi) named Matthew Dick to head of rail strategy and development. Dick has 25 years of experience in derailment investigations, rail operations, failure analysis and rail technology in freight and passenger rail. Most recently, he was vice president of strategy and business development at ENSCO Inc., ESi officials said in a press release. "Matt brings a rare combination of technical depth, industry leadership and strategic vision. His arrival marks a pivotal moment in our growth," said ESi President Will Pinkston.

Verisk CargoNet recorded 772 cargo theft incidents across the United States and Canada in Q3, a 1% increase compared to Q3 2024 and a 10% decrease from Q2 2025, according to the firm's third-quarter cargo theft analysis report. Although incident volume remained steady, the value of goods stolen has soared, Verisk officials said in a press release. The value of goods stolen in Q3 was $111.88 million, driven by organized crime groups targeting shipments of enterprise computer hardware, cryptocurrency mining equipment and copper products. While some groups are opting for simpler thefts of unattended loaded trailers, other groups are refining their tactics to bypass security measures. These groups gather intelligence on shipments already assigned to legitimate carriers, then impersonate company representatives to misdirect drivers, Verisk officials said. Most thefts occur at warehouses, distribution centers and truck stops.