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TTX company history timeline

1955

TTX was founded in 1955 by the Norfolk & Western Railway, Pennsylvania Railroad and Rail-Trailer Corporation.

1956

TTX began operations on March 17, 1956 with a fleet of 500 75-foot flatcars.

1958

By 1958, the length of the flatcars used for the piggyback service was increased to 85 feet.

1959

Prior to World War II, the railroad industry had dominated motor vehicle transportation, but as highways improved, the railroads’ share of this market dropped to 10 percent by 1959.

1960

In 1960, the company purchased low-level railcars for its piggyback service in Eastern states, where there were clearance issues in numerous locations.

1961

1961: The company acquires its first 89-foot flatcars.

The first low-level railcars equipped with auto racks went into service in 1961.

1962

TTX began supplying 89-foot cars for motor vehicle movement in 1962.

1964

By 1964, 41 railroads, including virtually every major line in the United States, had become a TTX stockholder. (The number of stockholders subsequently decreased to 15 due to mergers and withdrawals from the railroad industry.)

In 1964 the company increased its fleet by adding general service 60-foot and 85-foot railcars.

1966

An improved hitch, powered by the tractor used to load and unload the trailer, was introduced in 1966.

1968

In 1968 the company introduced 68-foot flatcars capable of holding 100 tons of cargo.

1971

The company closed its Chicago offices in 1971 and consolidated headquarters and operations in Philadelphia.

1973

In 1973, Trailer Train began to use mobile vans in Chicago and St Louis, providing parts and repair services to railroads that kept railcars in service.

1974

On January 14, 1974, the American Rail Box Car Company, or Railbox, was incorporated as a subsidiary of TTX. At that time, high-quality boxcars were in short supply.

TTX acquired its first shop on February 21, 1974, when it consummated its purchase of Hamburg Industries, operator of a repair facility at Hamburg, South Carolina.

The first car is delivered on October 15, 1974.

The Railbox subsidiary of Trailer Train Company was formed in 1974.

More rail carriers soon bought stock as well, and in 1974 they proposed to establish the distribution principles under a “pooling agreement” approved by the federal Interstate Commerce Commission (ICC).

1978

Two years later (1978), Trailer Train opened its second repair facility, located in Mira Loma, California.

1979

Another TTX subsidiary, Railgon Company, was incorporated on May 24, 1979.

1980

In 1980, a third repair facility was opened.

1981

Another repair facility was opened in Jacksonville, Florida in 1981.

In 1981, the company modified over 20,000 railcars because truck trailers were longer.

1984

In 1984, TTX established its first Field Maintenance Operation (FMO)—an FMO employs mobile repair vehicles to perform running maintenance on TTX cars when necessary, avoiding unproductive trips to repair shops.

In 1984 the facility was sold to Amtrak.

The company opened its first FMOs in Chicago and Houston in 1984.

1985

TTX acquired its first 320 double-stack cars in 1985.

1985: The company purchases its first 320 double-stack cars.

1990

"Where Intermodal Is Headed: A TT View," Railway Age, March 1990.

1991

In 1991 TTX acquired 21 heavy-duty, depressed-center flatcars for transportation of heavy equipment, including transformers and pressure vessels.

In 1991, the company changed its company name from TrailerTrain to TTX.

1992

In 1992 TTX continued to supply thousands of 89-foot flatcars for this service.

1995

Also, heavy-duty flatcars became part of the TTX fleet.In 1995, Reload, a company that managed the distribution of autoracks, was absorbed by TTX. The same year, the company began adding articulated bi-level railcars to its fleet.

1999

TTX bought its first 53-foot double-stack railcars in 1999.

2000

Since 2000, TTX has continued to expand and innovate.

Invested in new railcars since 2000.

2003

According to a 2003 Crain's Chicago Business article, the exemption was granted so that small rail lines could afford intermodal equipment.

In 2003, specialty boxcars designated as TBOX and FBOX were added to the TTX fleet.

2004

According to a July 2004 company press release, the company was working to extend the length of the platform on five-unit spine cars from 48-feet to 53-feet.

"TTX Fleet Changes to Meet Intermodal Demands," Journal of Commerce, July 26, 2004.

With renewal of the exemption due in 2004, speculation regarding TTX's monopolistic position began to arise.

In 2004, the company expected to receive $600 million in flatcar deliveries—a company record.

2008

As more and more wind farms were started to generate electricity, railcars able to carry windmill components became part of the fleet in 2008.

2022

Todd, William; Stansell, Christina "TTX Company ." International Directory of Company Histories. . Encyclopedia.com. (June 21, 2022). https://www.encyclopedia.com/books/politics-and-business-magazines/ttx-company-0

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Founded
1955
Company founded
Headquarters
Chicago, IL
Company headquarter
Founders
Pennsylvania Railroad
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Zippia gives an in-depth look into the details of TTX, including salaries, political affiliations, employee data, and more, in order to inform job seekers about TTX. The employee data is based on information from people who have self-reported their past or current employments at TTX. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by TTX. The data presented on this page does not represent the view of TTX and its employees or that of Zippia.

TTX may also be known as or be related to TTX, TTX Company, TTX Corporation, TrailerTrain and Ttx Company.