Trinity completes second railcar ABS since pandemic

Jennifer Kang

November 06, 2020 05:30 PM

Equipment 575 375 — September 26, 2018 - Mount Pleasant, Wisconsin, USA - Agriculture equipment sales could suffer if farmers are negatively impacted by the agricultural tariff war with China. JORGE MENDEZ bolts tractor wheels and tires to Case Magnum 340 tractors at the Case IH tractor plant in Mount Pleasant (Racine), Wis. Wednesday, September 26, 2018. (Credit Image: © Mark Hertzberg/ZUMA Wire) | Mark Hertzberg/Zuma Press/PA Images

Trinity returned to the securitization market with back to back deals for the first time this year. Sources say the railcar sector will likely benefit under a Joe Biden administration as they believe the Democratic candidate will soothe trade war tensions with China and boost global trade.

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Jennifer Kang