TTX

Since 1955, TTX has been a unique and creative provider to the rail industry. Throughout the United States, Canada and Mexico, the signature yellow cars of TTX Company move along North America’s railroads carrying containers, trailers, automobiles, lumber, steel, paper and a long list of other goods and raw materials that consumers and companies rely on every day.

But, TTX is not a railroad. And, it is not a railcar leasing company.

What is TTX?

TTX is a railcar pooling company. Founded as Trailer Train in 1955 by the Pennsylvania Railroad, the subsidiary invested in a new technology - flatcars that would haul highway trailers. 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).

Pooling means that railroads share the railcars bringing several benefits. First, railroads have the flexibility to respond to changing market conditions because the fleet is already established. Second, they do not have to waste resources switching out and returning empty railcars, eliminating supply chain inefficiencies. Third, the capital burden on railroads is reduced because TTX buys the cars, lowering operating costs, and reducing the industry’s risk. All of these help keep the railroads competitive to the benefit of the shipping public.

Our right-sized, low cost, reliable fleet of over 220,000 railcars and intermodal wells serves North America’s railroads and the world’s freight needs. TTX helps railroads meet their customers’ needs by providing well-maintained railcars in an efficient, pooled environment, investing over $2.3 billion in additional railcars, over the past five years alone.

TTX has a complete engineering and design team to care for its large and varied fleet with maintenance operations in terminals across the network. Keeping a fleet shared by different railroads in safe, operable condition requires a major commitment and investment – TTX spends over $700 million a year on railcar maintenance alone.

In addition to this vital role as a railcar pool operator, TTX invests in and operates sophisticated industry technology solutions. These solutions improve the quality and timeliness of financial and operating information for managing our business and that we share with our owners to help them manage theirs. Further, TTX is a recognized innovator in the technical design and engineering of railcar components.

Are you selective about your job or career? So are we – about the people who join us.

TTX Company was recently recognized as a Top 35 Chicagoland midsize employer. We especially appreciate this recognition as it was based on an independent survey of our employees.

TTX offers a unique mix of careers in the rail industry, combining sophisticated market intelligence and logistics management services with heavy equipment maintenance and repair. We look for talented people who are excited about bringing their ideas and energy to sustaining the long-term value of a seasoned, well regarded company.

Whether seeking a career in the rail industry or to further your professional expertise, consider becoming a valued member of our Enterprise.

Learn more about TTX and our work environment in the highlights video below.

 Here’s what awaits you at TTX:

• A great culture with intelligent people who enjoy working together.

• Professional development with continuing learning opportunities.
• Financial rewards for hard work through competitive pay and bonuses
• A robust Total Rewards package that reflects our commitment to our employees’ health, financial security, and work-life balance.

Our performance management model supports your professional development.

• Succeed and Grow – the TTX performance management program – helps cultivate your development and increase your contribution to the company. Managers meet quarterly with employees to set priorities and a growth plan for the quarter. TTX promotes a culture of continuous feedback.
• The Educational Assistance benefit supports your continued learning and growth. Dependent on grade achievement, TTX will reimburse 100% of tuition and fees up to $7,500 per year for job-related courses at accredited institutions.
• The Career Development Program builds leadership strength across the organization. Program objectives help selected employees:

1. Grow awareness in career strengths and opportunities

2. Deepen networks and connections across TTX
3. Solve business challenges
4. Establish a plan to focus and accelerate career development

Healthcare

TTX plans offer comprehensive coverage and have low out-of-pocket costs when you receive health care services.

Financial Protection

Life and disability insurance plans give you peace of mind knowing that you and your family members would have money coming to them if you pass away or become disabled and cannot work.

Company provided insurance:

• Life and Accident Coverage

• Supplemental Sickness

Additional Insurance you may purchase:

• Supplemental Life and Accident coverage for yourself and/or family members

• Voluntary Long Term Disability

Time Off

We work hard and play hard. To help you manage your work-life balance, TTX provides:

• Vacation

• Absence Days

• Paid Holidays

Other Perks

• Employee Assistance Program (EAP) is available 24/7 to help with work/life concerns and wellness information

• Adoption Assistance reimburses up to $10,000 of eligible adoption expenses

• TTX Perks offers discounts for a variety of goods and services such as dining out, movie tickets, electronics, cell phone plans, and more.

• Employee Matching Gift Program supports the community by matching your contributions to eligible non-profit institutions, up to $1,000 a year.

• Educational Assistance reimburses 100% of tuition and fees up to $7,500 per year for job-related courses at an accredited institution.

Retirement and Savings

Thrift Plan (a 401(k) Plan)

• Take an active role in building your future security by contributing to a retirement savings account.

• When you save, TTX rewards you with a company match.
• Your account can grow further through investment earnings

Railroad Retirement Benefits

While TTX is not a railroad company, it does come under the provisions of the Railroad Retirement Act rather than the Social Security Act. The objective is the same: federally-sponsored accident, sickness, disability, unemployment, and pension benefits paid for by employers and employees. The paycheck deductions will differ from Social Security, as will the benefits. Previously accumulated benefits under Social Security will not be forfeited.

The TTX Internship program is designed to create a beneficial experience for current undergraduate and graduate students while increasing awareness of TTX operations, the railroad industry and providing practical and valuable experience for interns across disciplines and professions.

The program is geared to provide a rich experience in the specific department you join, as well as the company as a whole. Interns are encouraged to attend any sessions offered to obtain the full internship program experience.

Interns will have an opportunity to participate in events such as:

• TTX 101 Overview Sessions

• Field Site Visit

• Intern Social Events

• Lunch with the CEO and VP’s

• Internship Capstone Presentation

Throughout the United States, Canada and Mexico, the signature yellow cars of TTX Company move along North America’s railroads carrying goods and raw materials that consumers and companies rely on. Our corporate headquarters is located in Chicago, Illinois and our Repair Shop Operations (RSO) and Field Maintenance Operations (FMO) have numerous locations throughout North America.