TTX Company
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TTX Company
TTX Company (formerly TrailerTrain) is a provider of railcars and related freight car management services to the North American rail industry. TTX's pool of railcars – over 165,000 cars and intermodal wells – supports shippers in the intermodal, automotive, paper & forest, metals, machinery, wind energy and other markets where flatcars, boxcars and gondolas are required. Owned by several large North American railroads, TTX's pools allow members to share capacity to reduce costs and risk. History TTX was founded in 1955 by the Norfolk & Western Railway, Pennsylvania Railroad, and Rail-Trailer Corporation. Pennsylvania Railroad employees - 6,000 in total - entered possible names in a drawing for the new company, and the name "Trailer Train" won. TrailerTrain's original goals were to standardize TOFC railcar practices, foster the growth of transportation, provide its members with the best available equipment at the lowest cost, and keep its members abreast of new developments. ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Railbox
Railbox Company , founded in 1974, is a North American boxcar pooling company, and a subsidiary of the Chicago-based TTX Company. It was created to address a boxcar shortage in the United States in the 1970s. The concept behind Railbox, as evidenced by the slogan, "Next Load, Any Road" was, because Railbox was jointly owned by many of the railroads as a privately owned cooperative, these boxcars were not subject to load/empty rules. Railbox cars could be assigned for service on any railroad in Canada, Mexico and the United States on lines where an AAR Plate-C loading gauge is permitted. Railbox purchased boxcars from many manufacturers, including American Car and Foundry Company, FMC Corporation, and Pullman-Standard (P-S). See also * Demurrage * Railgon Company The Railgon Company, (reporting marks GONX GNTX) established in 1979, owned railroad gondola cars available for use by multiple railroads by placing the cars in a cooperative pool. Shipments in gondola cars and o ...
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Railway Age
''Railway Age'' is an American trade magazine for the rail transport industry. It was founded in 1856 in Chicago (the United States' major railroad hub) and is published monthly by Simmons-Boardman Publishing Corporation. History The magazine's original title was the ''Western Railroad Gazette,'' and was renamed the ''Railroad Gazette'' in 1870. In June 1908, after purchasing its chief rival, ''The Railway Age'' (founded in 1876 in Chicago), it changed its title to ''Railroad Age Gazette'', then in January 1910, to ''Railway Age Gazette''. In 1918 it shortened its name to the current title. ''Railway Review'' (originally the ''Chicago Railway Review'') was merged into ''Railway Age'' in 1927. Publications that have been merged into ''Railway Age'' include ''American Railroad Journal'', founded 1832, renamed ''The Railroad and Engineering Journal'' in 1887 by its then new owner/editor, Matthias N. Forney. It became ''American Engineer & Railroad Journal'' in 1883, then ''Railway ...
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Gondola (rail)
In US railroad terminology, a gondola is an open-topped rail vehicle used for transporting loose bulk materials. Because of their low side walls, gondolas are also suitable for the carriage of such high-density cargos as steel plates or coils, or of bulky items such as prefabricated sections of rail track. Gondolas are distinct from hopper cars in that they do not have doors on their floor to empty cargo. In Australia these wagons are called ''open wagons''. History The first gondola cars in North America were developed in the 1830s, and used primarily to carry coal. Early gondolas were little more than flatcars with wooden sides added, and were typically small – or less in length, and or less in weight. These cars were not widely used at first, as they could only be unloaded by workers shoveling out their cargo by hand, a slow and labor-intensive process. A solution for this problem was developed around the 1860s with the drop-bottom gondola, which had hatches installed ...
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Boxcar
A boxcar is the North American ( AAR) term for a railroad car that is enclosed and generally used to carry freight. The boxcar, while not the simplest freight car design, is considered one of the most versatile since it can carry most loads. Boxcars have side sliding doors of varying size and operation, and some include end doors and adjustable bulkheads to load very large items. Similar covered freight cars outside North America are covered goods wagons and, depending on the region, are called ''goods van'' ( UK and Australia), ''covered wagon'' ( UIC and UK) or simply ''van'' (UIC, UK and Australia). Use Boxcars can carry most kinds of freight. Originally they were hand-loaded, but in more recent years mechanical assistance such as forklifts have been used to load and empty them faster. Their generalized design is still slower to load and unload than specialized designs of car, and this partially explains the decline in boxcar numbers since World War II. The ...
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Flatcar
A flatcar (US) (also flat car, or flatbed) is a piece of rolling stock that consists of an open, flat deck mounted on a pair of trucks (US) or bogies (UK), one at each end containing four or six wheels. Occasionally, flat cars designed to carry extra heavy or extra large loads are mounted on a pair (or rarely, more) of bogies under each end. The deck of the car can be wood or steel, and the sides of the deck can include pockets for stakes or tie-down points to secure loads. Flatcars designed for carrying machinery have sliding chain assemblies recessed in the deck. Flatcars are used for loads that are too large or cumbersome to load in enclosed cars such as boxcars. They are also often used to transport intermodal containers (shipping containers) or trailers as part of intermodal freight transport shipping. Specialized types Aircraft parts flatcars Aircraft parts were hauled via conventional freight cars beginning in World War II. However, given the ever-increasing size of ...
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Wind Power
Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wind power, impact on the environment than burning fossil fuels. Historically, wind power has been used in sails, windmills and windpumps but today it is mostly used to generate electricity. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission Electrical grid, network. New Onshore wind farm, onshore (on-land) wind farms are cheaper than new Coal-fired power station, coal or Gas-fired power plant, gas plants, but expansion of wind power is being hindered by fossil fuel subsidies. Onshore wind farms have a greater visual #Impact on environment and landscape, impact on the landscape than some other power stations. Small onshore wind farms can feed some energy into the grid or provide power t ...
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Machine
A machine is a physical system using Power (physics), power to apply Force, forces and control Motion, movement to perform an action. The term is commonly applied to artificial devices, such as those employing engines or motors, but also to natural biological macromolecules, such as molecular machines. Machines can be driven by Animal power, animals and Human power, people, by natural forces such as Wind power, wind and Water power, water, and by Chemical energy, chemical, Thermal energy, thermal, or electricity, electrical power, and include a system of mechanism (engineering), mechanisms that shape the actuator input to achieve a specific application of output forces and movement. They can also include computers and sensors that monitor performance and plan movement, often called mechanical systems. Renaissance natural philosophers identified six simple machines which were the elementary devices that put a load into motion, and calculated the ratio of output force to input fo ...
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Metal
A metal (from Greek μέταλλον ''métallon'', "mine, quarry, metal") is a material that, when freshly prepared, polished, or fractured, shows a lustrous appearance, and conducts electricity and heat relatively well. Metals are typically ductile (can be drawn into wires) and malleable (they can be hammered into thin sheets). These properties are the result of the ''metallic bond'' between the atoms or molecules of the metal. A metal may be a chemical element such as iron; an alloy such as stainless steel; or a molecular compound such as polymeric sulfur nitride. In physics, a metal is generally regarded as any substance capable of conducting electricity at a temperature of absolute zero. Many elements and compounds that are not normally classified as metals become metallic under high pressures. For example, the nonmetal iodine gradually becomes a metal at a pressure of between 40 and 170 thousand times atmospheric pressure. Equally, some materials regarded as metals ...
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Forestry
Forestry is the science and craft of creating, managing, planting, using, conserving and repairing forests, woodlands, and associated resources for human and environmental benefits. Forestry is practiced in plantations and natural stands. The science of forestry has elements that belong to the biological, physical, social, political and managerial sciences. Forest management play essential role of creation and modification of habitats and affect ecosystem services provisioning. Modern forestry generally embraces a broad range of concerns, in what is known as multiple-use management, including: the provision of timber, fuel wood, wildlife habitat, natural water quality management, recreation, landscape and community protection, employment, aesthetically appealing landscapes, biodiversity management, watershed management, erosion control, and preserving forests as " sinks" for atmospheric carbon dioxide. Forest ecosystems have come to be seen as the most important componen ...
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Pulp And Paper Industry
The pulp and paper industry comprises companies that use wood as raw material and produce pulp, paper, paperboard and other cellulose-based products. Manufacturing process The pulp is fed to a paper machine where it is formed as a paper web and the water is removed from it by pressing and drying. Pressing the sheet removes the water by force. Once the water is forced from the sheet, a special kind of felt, which is not to be confused with the traditional one, is used to collect the water. Whereas, when making paper by hand, a blotter sheet is used instead. Drying involves using air or heat to remove water from the paper sheets. In the earliest days of paper making, this was done by hanging the sheets like laundry. In more modern times, various forms of heated drying mechanisms are used. On the paper machine, the most common is the steam heated can dryer. History of the paper industry Papermaking as a craft is ancient, and for centuries it used various fibers, mainly grasses ...
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Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ...
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