Day: February 26, 2016

Accounting for the Unholy Trinity

Trinity Industries (NYSE: TRN) is a U.S.-based manufacturer of freight and tank railcars; as well as a lessor of railcars. TRN benefited immensely from the crude-by-rail boom in North America over the last five years, given it was the largest supplier of tank railcars to that market. The Company’s revenues increased at an average rate […]