Safety Milestone Achievement
The Jonesboro maintenance facility achieved a significant milestone by going 5 years without a lost time incident, highlighting Trinity's commitment to safety.
Strong Lease Fleet Performance
The lease fleet utilization was at 96.8% with a future lease rate differential of 17.9%. Renewal lease rates were 29.5% above expiring rates, and fleet utilization remained favorable at nearly 97%.
Positive Financial Metrics
Adjusted return on equity was 14.2%, and GAAP EPS was $0.29 despite a 38% decrease in external deliveries year-over-year.
Successful Lease Portfolio Sales
Completed $34 million of lease portfolio sales with gains of $6 million.