Archive

  1. 2023

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    The STB approves the merger of two of TTX’s owners – CP and KCS – effective April 14, 2023. TTX ownership goes from 8 to 7.

    On July 11, 2023, TTX announces the relocation of its headquarters from Chicago, IL to Charlotte, NC.

    TTX opens 1 FMO.

  2. 2022

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    TTX’s fleet exceeds 170,000 railcars and the FMO network has grown to 77 locations

    The 20,000th TBOX delivers. TTX now owns over 25,000 Plate F, 110-ton boxcars. Initialed TBOX (60-ft, with two 8-ft plug doors per side), or FBOX (50-ft), the cars are intended to replace nearly 70 different varieties of 70-ton, Plate C boxcars that are aging out of the fleet. The larger capacity cars with their near universal specifications, combined with efficient pools managed by TTX, eliminate the need to replace the older cars on a one-for-one basis.

    On April 14, 2022, the STB approves the merger of two of TTX’s owners – CSX and PanAm. With CSX’s acquisition of PanAm, TTX’s owners go from 9 to 8.

    TTX’s Human Resources Department completes the Company’s “Working Together … Reimagined” project, which was responsible the return of the salaried workforce in a hybrid capacity.

    Environmental, Social and Governance (ESG):  TTX formally launches its ESG initiative in 2021, and published the company’s first Fact Sheet in 2022.  This Fact Sheet highlighted the company’s efforts around Employee Safety and Training, Engagement in the community, Environmental Impact and Corporate Governance.

    TTX acquires a railcar storage facility from South Plains Lamesa Railroad, Ltd. (“SPLR”) in Slaton, Texas.

    TTX opens 1 FMO.

  3. 2021

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    The Company’s salaried workforce continues to work in a remote capacity as the COVID-19 pandemic persisted, and City of Chicago & State of Illinois health protocols restricted activity in the Chicago business district. With an eye on returning to the office in 2022, Human Resources led the Company’s “Working Together … Reimagined” project, which is responsible for establishing our future hybrid workplace.

    TTX Talent Development partners with the TTX Equipment Department to launch TTX Company’s inaugural “Railroad Operations Leadership Training Program.” A comprehensive program designed to hire new engineer graduates and train them for Maintenance Operations leadership roles.

    The TTX Law Department co-leads TTX’s “Packing Day” effort, which facilitated the cleaning of physical offices, addressing paper files in accordance with the Record Retention Schedule and scanning of Company records. The Law Department continues its efforts to support TTX’s modernization goals and hybrid work environment through oversight of additional scanning efforts and the evaluation of an Enterprise Content Management System.

    In May 2021, the TTX IT team successfully completes the migration of on-premises SharePoint to the online cloud platform.

    TTX opens 5 FMOs

  4. 2020

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    All corporate headquarters’ employees pivot to a full work remote schedule from mid-March through the end of 2020.

    The TTX Law Department leads the Incident Management Team in its oversight and management of COVID-19 for TTX.

    Key transformational programs TTXNEXTT, TTXINSIGHT and ServiceNow are kicked-off in 2020. TTXNEXTT is a cross functional program aiming to replace, decommission or transform key TTX business processes, systems, tools and data stores used by fleet management, maintenance management, revenue accounting, planning and analytics, and engineering. TTXINSIGHT is an exploratory program that focuses on GPS and Load Tracking & Operational Intelligence sensors and ServiceNow is an IT Service Management and IT Operations Management cloud‐based software to centralize core IT capabilities in addition to aid in TTX’s overall Digital Transformation Strategy.

    In February 2020, the IT team successfully completes the migration of TTX IT-delivered services from our legacy data centers to purpose-built, state-of-the-art colocation facilities.

    In late 2020, TTX reaches a 5-year agreement with the Brotherhood Railway Carmen.

    TTX opens 1 FMO.