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TTX Company

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Company facts

Founded
1955
Headquarters
United States
CEO
Thomas F. Wells

About

The journey of TTX Company began in 1955, born from a vision to revolutionize the burgeoning landscape of North American rail transport. Initially incorporated as TrailerTrain Company by its forward-thinking founders, the Norfolk & Western Railway and the Pennsylvania Railroad, the company embarked on a mission to standardize and optimize the movement of truck trailers on flatcars—a concept then known as 'piggy-backing'. The very name 'TrailerTrain' was the winning suggestion from a Pennsylvania Railroad employee, a testament to the company's early collaborative spirit. With an initial fleet of 500 75-foot flatcars, the company commenced operations in 1956, addressing the critical need for a unified, efficient, and cost-effective system for intermodal transportation. As highway trailers grew in length, so did TrailerTrain's innovation, introducing longer flatcars to accommodate the changing demands of the shipping industry and solidifying its role as a pivotal force in the growth of transportation. By 1991, having firmly established itself as an indispensable partner to the rail industry, TrailerTrain rebranded to TTX Company, a name that has become synonymous with reliability and excellence in freight car management. This change marked a new chapter in the company's evolution, reflecting its expanded services beyond just trailer-on-flatcar. Today, TTX is proudly owned by North America's largest railroads, operating as a unique and vital railcar cooperative. Its massive, free-running pool of nearly 175,000 railcars—including flatcars, boxcars, and gondolas—serves a vast array of industries, from automotive and metals to wind energy and paper products. The company's model of pooling and managing this fleet ensures that railcars are utilized efficiently, minimizing empty miles and reducing costs and risks for the entire rail network. After decades of being headquartered in Chicago, TTX recently relocated its headquarters to Charlotte, North Carolina, in 2024, positioning itself for continued growth and innovation in the heart of a thriving transportation hub.

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