Trinity Industries acquired RSI Logistics for a purchase price of $70 million. RSI Logistics is a data-centric provider of proprietary software, logistics services and terminal management solutions for the North American rail industry. Named by Inbound Logistics as a “Top 100 3PL Company” in 2021 and 2022, RSI supports 46 Fortune 500 customers with software and logistics services. RSI offers services through four business units: software, logistics services, terminals and intermodal transportation.
“We are excited about the acquisition of RSI Logistics. It is another step as we seek to expand our service offerings with complementary solutions that make rail a more compelling mode of transportation. Specifically, RSI expands the breadth and quality of Trinity’s platform, adding logistics services, terminal operations and intermodal transportation,” Jean Savage, Trinity’s President and CEO, said. “Also, coupling RSI’s expertise and reputation with the transformational technology of Trinsight will deliver a unique tool to rail shippers to gain more control of their supply chains.”
The acquisition closed on March 8, 2023 and is not expected to be material to Trinity’s results. Trinity will retain all employees of RSI as part of the transaction.
Trinity Industries, headquartered in Dallas, Texas, owns businesses that provide rail transportation products and services in North America, including railcar leasing and management services, as well as railcar manufacturing, maintenance and modifications.
