Trinity Industries, Inc.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 27, 2010 Trinity Industries, Inc. (Exact name of registrant as specified in its charter) Delaware 1-6903 75-0225040 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 2525 Stemmons Freeway, Dallas, Texas 75207-2401 (Address of principal executive offices) (Zip Code) Registrant s telephone number, including area code: 214-631-4420 Not Applicable Former name or former address, if changed since last report Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition. The Registrant hereby furnishes the information set forth in its News Release, dated October 27, 2010, announcing operating results for the three and nine month periods ended September 30, 2010, a copy of which is furnished as exhibit 99.1 and incorporated herein by reference. On October 28, 2010, the Registrant held a conference call and web cast with respect to its financial results for the three and nine month periods ended September 30, 2010. The conference call scripts of Gail M. Peck, Treasurer; Timothy R. Wallace, Chairman, Chief Executive Officer, and President; D. Stephen Menzies, Senior Vice President and Group President of the Rail and Railcar Leasing Groups; Antonio Carrillo, Vice President and Group President of the Energy Equipment Group; William A. McWhirter II, Senior Vice President and Group President of the Construction Products and Inland Barge Groups and James E. Perry, Vice President and Chief Financial Officer are furnished as exhibits 99.2, 99.3, 99.4, 99.5, 99.6 and 99.7, respectively, and incorporated herein by reference. This information is not "filed" pursuant to the Securities Exchange Act of 1934 and is not incorporated by reference into any Securities Act of 1933 registration statements. Additionally, the submission of the report on Form 8-K is not an admission of the materiality of any information in this report that is required to be disclosed solely by Regulation FD. Item 7.01 Regulation FD Disclosure. See "Item 2.02 Results of Operations and Financial Condition." This information is not "filed" pursuant to the Securities Exchange Act of 1934 and is not incorporated by reference into any Securities Act of 1933 registration statements. Additionally, the submission of the report on Form 8-K is not an admission of the materiality of any information in this report that is required to be disclosed solely by Regulation FD. Item 9.01 Financial Statements and Exhibits. (a) - (c) Not applicable. (d) Exhibits: Exhibit No. / Description 99.1 News Release dated October 27, 2010 with respect to the operating results for the three and nine month periods ended September 30, 2010. 99.2 Conference call script of October 28, 2010 of Gail M. Peck, Treasurer. 99.3 Conference call script of October 28, 2010 of Timothy R. Wallace, Chairman, Chief Executive Officer, and President. 99.4 Conference call script of October 28, 2010 of D. Stephen Menzies, Senior Vice President and Group President of the Rail and Railcar Leasing Groups. 99.5 Conference call script of October 28, 2010 of Antonio Carrillo, Vice President and Group President of the Energy Equipment Group. 99.6 Conference call script of October 28, 2010 of William A. McWhirter II, Senior Vice President and Group President of the Construction Products and Inland Barge Groups. 99.7 Conference call script of October 28, 2010 of James E. Perry, Vice President and Chief Financial Officer.

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Trinity Industries, Inc. October 28, 2010 By: James E. Perry Name: James E. Perry Title: Vice President and Chief Financial Officer

Exhibit Index Exhibit No. Description 99.1 News Release dated October 27, 2010 with respect to the operating results for the three and nine month periods ended September 30, 2010. 99.2 Conference call script of October 28, 2010 of Gail M. Peck, Treasurer. 99.3 Conference call script of October 28, 2010 of Timothy R. Wallace, Chairman, Chief Executive Officer, and President. 99.4 Conference call script of October 28, 2010 of D. Stephen Menzies, Senior Vice President and Group President of the Rail and Railcar Leasing Groups. 99.5 Conference call script of October 28, 2010 of Antonio Carrillo, Vice President and Group President of the Energy Equipment Group. 99.6 Conference call script of October 28, 2010 of William A. McWhirter II, Senior Vice President and Group President of the Construction Products and Inland Barge Groups. 99.7 Conference call script of October 28, 2010 of James E. Perry, Vice President and Chief Financial Officer.

Exhibit 99.1 NEWS RELEASE Investor Contact: James E. Perry Vice President and Chief Financial Officer Trinity Industries, Inc. 214/631-4420 FOR IMMEDIATE RELEASE Trinity Industries, Inc. Reports Third Quarter Results; Backlogs in Rail and Inland Barge Grow During the Quarter DALLAS October 27, 2010 Trinity Industries, Inc. (NYSE:TRN) today reported net income attributable to Trinity Industries stockholders of $29.7 million, or $0.37 per common diluted share for the third quarter ended September 30, 2010. Net income for the same quarter of 2009 was $23.2 million, or $0.29 per common diluted share. Included in the results for the third quarter of 2010 was a pre-tax gain of $10.2 million, or $0.08 per common diluted share, related to the disposition of insured property, plant and equipment damaged by a flood at Trinity s barge manufacturing facility in Tennessee last May. Revenues for the third quarter of 2010 were $540.0 million compared with revenues of $557.4 million for the same quarter of 2009. I am pleased with our accomplishments during the third quarter, in which we had a number of positive occurrences that contributed to our success, said Timothy R. Wallace, Trinity s Chairman, CEO, and President. We received orders in the quarter that increased our railcar and inland barge backlogs. Our Construction Products businesses experienced consistent levels of demand during the construction season and performed well. Our railcar leasing business finished the quarter with another increase in fleet utilization. In addition, we are maintaining a strong liquidity position. We ended the third quarter with $371.2 million in unrestricted cash and short-term marketable securities and total liquidity of more than $1.0 billion. We publicly announced yesterday our completion of a longterm railcar leasing financing transaction in the amount of $369.2 million with a coupon of 5.19%. We will use a portion of the proceeds to call all of our $201.5 million 6.50% Senior Notes due March 2014, enabling us to extend our long-term debt maturity profile. I continue to be encouraged by the Company s positive momentum. Revenues in the Construction Products Group totaled $160.4 million in the third quarter of 2010, compared to $146.3 million in the same quarter of 2009. The businesses within this group recorded an operating profit of $20.3 million in the third quarter of 2010, including $3.8 million in gains from asset divestitures, compared to $13.1 million in the third quarter of 2009. The positive results during the third quarter were primarily due to the performance of the highway products businesses. In the third quarter of 2010, the Rail Group had revenues of $131.0 million with an operating profit of $3.3 million. This compares to revenues of $166.1 million and an operating loss of $12.0 million in the third quarter of 2009. TrinityRail shipped approximately 1,140 railcars and received orders for approximately 2,010 railcars during the third quarter. As of September 30, 2010, TrinityRail s order backlog grew to approximately $388 million, representing approximately 4,860 railcars compared to a backlog of approximately $300 million, representing approximately 3,990 railcars at June 30, 2010. As of January 1, 2010, TRIP Rail Holdings and its wholly-owned subsidiary (together, TRIP ) are included in the Company s consolidated financial statements due to the adoption of a new accounting pronouncement. TRIP is a railcar leasing company formed in 2007 that owns 14,700 railcars. During the third quarter of 2010, the Company acquired an additional 29% equity ownership in TRIP Rail Holdings for approximately $28.6 million. Trinity Industries Leasing Company ( TILC ) owns 57.1% of the equity in TRIP Rail Holdings and is the manager of the

TRIP railcar portfolio. The assets and liabilities of TRIP are included in the Company s balance sheet beginning with the first quarter of 2010. Revenues and operating profit of TRIP are included in the Company s financial statements beginning with the first quarter of 2010 and are included in the Leasing Group s results. During the third quarter of 2010, the Railcar Leasing and Management Services Group reported revenues of $122.1 million, including revenues from TRIP of $28.8 million, and operating profit of $52.9 million, including operating profit from TRIP of $16.3 million. TILC had approximately 51,640 railcars in its fleet as of September 30, 2010. This compares to TILC s fleet of approximately 50,970 railcars as of June 30, 2010. TILC s lease fleet utilization rose to 98.9% as of September 30, 2010, compared to 98.7% as of June 30, 2010. TRIP s lease fleet utilization was 99.6% at September 30, 2010 compared to 99.5% as of June 30, 2010. Revenues for the Inland Barge Group were $98.9 million in the third quarter of 2010, compared to $113.8 million in the third quarter of 2009. Operating profit for the Inland Barge Group in the third quarter of 2010 was $22.4 million, which includes the aforementioned $10.2 million pre-tax gain, compared to $26.7 million in the same quarter of 2009. The Inland Barge Group received orders worth approximately $264 million during the third quarter of 2010 and had a backlog of approximately $516 million as of September 30, 2010 compared to a backlog of approximately $348 million at June 30, 2010. The Energy Equipment Group recorded revenues of $106.6 million in the third quarter of 2010, compared to $132.7 million in the same quarter of 2009. The group produced operating profit of $6.0 million in the third quarter of 2010, compared to $16.2 million in the same quarter of 2009. The order backlog for structural wind towers as of September 30, 2010 totaled approximately $1.0 billion, compared to $1.1 billion at June 30, 2010. Earnings Outlook The Company anticipates earnings per common diluted share of between $0.10 and $0.15 for the fourth quarter of 2010. For the full year 2010, the Company anticipates earnings per common diluted share of between $0.73 and $0.78. These amounts include a charge of approximately $0.04 in the fourth quarter related to the redemption of the Company s Senior Notes. Conference Call Trinity will hold a conference call at 11:00 a.m. Eastern on October 28, 2010 to discuss its third quarter results. To listen to the call, please visit the Investor Relations section of the Trinity Industries website, www.trin.net. An audio replay may be accessed through the Company s website or by dialing (402) 220-0429 until 11:59 p.m. Eastern on November 4, 2010. Trinity Industries, Inc., headquartered in Dallas, Texas, is a multi-industry company that owns a variety of marketleading businesses which provide products and services to the industrial, energy, transportation, and construction sectors. Trinity reports its financial results in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group. For more information, visit: www.trin.net. Some statements in this release, which are not historical facts, are forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about Trinity s estimates, expectations, beliefs, intentions or strategies for the future, and the assumptions underlying these forward-looking statements. Trinity uses the words anticipates, believes, estimates, expects, intends, forecasts, may, will, should, and similar expressions to identify these forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from historical experience or our present expectations. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Forward-Looking Statements in the Company s Annual Report on Form 10-K for the most recent fiscal year. TABLES TO FOLLOW -

Trinity Industries, Inc. Condensed Consolidated Income Statements (in millions, except per share amounts) (unaudited) Three Months Ended September 30, 2010 2009 Revenues $540.0 $557.4 Operating costs: Cost of revenues 409.6 449.9 Selling, engineering, and administrative expenses 48.6 42.9 Gain on disposition of flood-damaged property, plant, and equipment (10.2) Goodwill impairment 448.0 492.8 Operating profit 92.0 64.6 Interest expense, net (includes TRIP Holdings of $11.7 in 2010) 45.0 31.3 Other (income) expense 0.2 (4.4) Income from continuing operations before income taxes 46.8 37.7 Provision for income taxes 15.2 14.5 Income from continuing operations 31.6 23.2 Discontinued operations: Loss from discontinued operations (0.1) (0.0) Net income 31.5 23.2 Net income attributable to noncontrolling interest 1.8 Net income attributable to Trinity Industries, Inc. $ 29.7 $ 23.2 Net income attributable to Trinity Industries, Inc. per common share: Basic: Continuing operations $ 0.37 $ 0.29 Discontinued operations $ 0.37 $ 0.29 Diluted: Continuing operations $ 0.37 $ 0.29 Discontinued operations $ 0.37 $ 0.29 Weighted average number of shares outstanding: Basic 77.0 76.5 Diluted 77.1 76.6 On January 1, 2010, Trinity adopted the provisions of a new accounting standard requiring the inclusion of the consolidated financial statements of TRIP Rail Holdings LLC ( TRIP Holdings ) and subsidiary in the consolidated financial statements of Trinity Industries, Inc. as of January 1, 2010. See the Company s September 30, 2010 Form 10-Q for additional information.

Trinity Industries, Inc. Condensed Consolidated Income Statements (in millions, except per share amounts) (unaudited) Nine Months Ended September 30, 2010 2009 Revenues $1,537.1 $2,067.0 Operating costs: Cost of revenues 1,181.9 1,692.7 Selling, engineering, and administrative expenses 142.5 139.1 Gain on disposition of flood-damaged property, plant, and equipment (10.2) Goodwill impairment 325.0 1,314.2 2,156.8 Operating profit (loss) 222.9 (89.8) Interest expense, net (includes TRIP Holdings of $35.3 in 2010) 135.3 88.5 Other (income) expense 1.1 (4.9) Income (loss) from continuing operations before income taxes 86.5 (173.4) Provision (benefit) for income taxes 29.5 (21.2) Income (loss) from continuing operations 57.0 (152.2) Discontinued operations: Loss from discontinued operations (0.1) (0.1) Net income (loss) 56.9 (152.3) Net income attributable to noncontrolling interest 6.8 Net income (loss) attributable to Trinity Industries, Inc. $ 50.1 $ (152.3) Net income (loss) attributable to Trinity Industries, Inc. per common share: Basic: Continuing operations $ 0.63 $ (2.00) Discontinued operations $ 0.63 $ (2.00) Diluted: Continuing operations $ 0.63 $ (2.00) Discontinued operations $ 0.63 $ (2.00) Weighted average number of shares outstanding: Basic 76.8 76.4 Diluted 76.9 76.4

Trinity Industries, Inc. Condensed Segment Data (in millions) (unaudited) Three Months Ended September 30, Revenues: 2010 2009 Rail Group $131.0 $166.1 Construction Products Group 160.4 146.3 Inland Barge Group 98.9 113.8 Energy Equipment Group 106.6 132.7 Railcar Leasing and Management Services Group (includes TRIP Holdings of $28.8 in 2010) 122.1 81.5 All Other 12.4 11.2 Eliminations lease subsidiary (69.6) (75.0) Eliminations other (21.8) (19.2) Consolidated Total $540.0 $557.4 Operating profit (loss): Three Months Ended September 30, 2010 2009 Rail Group $ 3.3 $(12.0) Construction Products Group 20.3 13.1 Inland Barge Group 22.4 * 26.7 Energy Equipment Group 6.0 16.2 Railcar Leasing and Management Services Group (includes TRIP Holdings of $16.3 in 2010) 52.9 30.3 All Other (1.3) 0.1 Corporate (9.5) (7.3) Eliminations lease subsidiary (0.9) (1.9) Eliminations other (1.2) (0.6) Consolidated Total $ 92.0 $ 64.6 *Includes gain on disposition of flood-damaged property, plant, and equipment of $10.2 million. Trinity Industries, Inc. Condensed Segment Data (in millions) (unaudited) Nine Months Ended September 30, Revenues: 2010 2009 Rail Group $ 317.5 $ 753.3 Construction Products Group 449.7 423.1 Inland Barge Group 295.8 407.5 Energy Equipment Group 312.0 395.6 Railcar Leasing and Management Services Group (includes TRIP Holdings of $87.9 in 2010) 362.9 437.4 All Other 34.5 36.0 Eliminations lease subsidiary (173.5) (330.3) Eliminations other (61.8) (55.6) Consolidated Total $1,537.1 $2,067.0 Operating profit (loss): Nine Months Ended September 30, 2010 2009

Rail Group $ (7.3) $ (346.5) * Construction Products Group 40.7 27.1 Inland Barge Group 52.2 ** 95.9 Energy Equipment Group 29.9 59.7 Railcar Leasing and Management Services Group (includes TRIP Holdings of $50.9 in 2010) 150.3 118.2 All Other (6.0) 1.2 Corporate (28.5) (22.7) Eliminations lease subsidiary (6.4) (19.6) Eliminations other (2.0) (3.1) Consolidated Total $ 222.9 $ (89.8) * Includes Rail Group goodwill impairment charge of $325.0 million. ** Includes gain on disposition of flood-damaged property, plant, and equipment of $10.2 million.

Trinity Industries, Inc. Condensed Consolidated Balance Sheets (in millions) (unaudited) September 30, December 31, 2010 2009 Cash and cash equivalents $ 151.2 $ 611.8 Short-term marketable securities 220.0 70.0 Receivables, net of allowance 251.6 159.8 Income tax receivable 22.2 11.2 Inventories 357.4 231.5 Net property, plant, and equipment (including TRIP Holdings of $1,002.6 in 2010) 4,119.6 3,038.2 Goodwill 194.9 180.8 Restricted cash (including TRIP 193.0 138.6 Holdings of $48.9 in 2010) Other assets 164.5 214.5 $5,674.4 $4,656.4 Accounts payable $ 137.5 $ 76.8 Accrued liabilities 442.9 374.5 Debt, net of unamortized discount of $113.8 and $121.6 (including TRIP Holdings of $1,017.4 in 2010) 2,821.6 1,845.1 Deferred income 34.2 77.7 Deferred income taxes 364.5 397.9 Other liabilities 71.4 78.1 Stockholders equity (including noncontrolling interest related to TRIP Holdings of $75.7 in 2010) 1,802.3 1,806.3 $5,674.4 $4,656.4

Trinity Industries, Inc. Additional Balance Sheet Information (in millions) (unaudited) September 30, December 31, 2009 2010 2009 Property, Plant, and Equipment Corporate/Manufacturing: Property, plant, and equipment $1,172.7 $1,165.3 Accumulated depreciation (673.4) (648.2) 499.3 517.1 Leasing: Wholly owned subsidiaries: Machinery and other 38.2 38.1 Equipment on lease 3,255.2 3,098.9 Accumulated depreciation (351.7) (286.9) 2,941.7 2,850.1 TRIP Holdings: Equipment on lease 1,282.0 Accumulated depreciation (81.6) 1,200.4 Deferred profit on railcars sold to the Leasing Group: Sold to wholly owned subsidiaries (324.0) (329.0) Sold to TRIP Holdings (197.8) (521.8) (329.0) $4,119.6 $3,038.2

Trinity Industries, Inc. Additional Balance Sheet Information (in millions) (unaudited) September 30, December 31, 2010 2009 Debt Corporate/Manufacturing Recourse: Revolving credit facility $ $ Convertible subordinated notes 450.0 450.0 Less: unamortized discount (113.8) (121.6) 336.2 328.4 Senior notes 201.5 201.5 Other 2.1 2.7 539.8 532.6 Leasing: Wholly owned subsidiaries: Recourse: Capital lease obligations 51.8 53.6 Term loan 58.0 59.8 109.8 113.4 Non-recourse: Secured railcar equipment notes 519.0 542.3 Warehouse facility 137.2 141.4 Promissory notes 498.4 515.4 1,154.6 1,199.1 TRIP Holdings Non-recourse: Warehouse loan 1,017.4 $2,821.6 $1,845.1

Trinity Industries, Inc. Additional Balance Sheet Information (in millions) (unaudited) September 30, December 31, 2009 2010 Debt Summary Total Recourse Debt $ 649.6 $ 646.0 Total Non-Recourse Debt 2,172.0 1,199.1 $2,821.6 $1,845.1 Total Corporate/Manufacturing Debt * $ 653.6 $ 654.2 Total Leasing Debt Wholly owned subsidiaries $1,264.4 $1,312.5 TRIP Holdings 1,017.4 $2,281.8 $1,312.5 Equipment on Lease ** Wholly owned subsidiaries $2,941.7 $2,850.1 TRIP Holdings 1,200.4 $4,142.1 $2,850.1 Total Leasing Debt as % of Equipment on Lease Wholly owned subsidiaries 43.0% 46.1% TRIP Holdings 84.8% *Excludes unamortized discount on convertible debt. **Excludes net deferred profit on railcars sold to the Leasing Group.

Trinity Industries, Inc. Reconciliation of EBITDA (in millions) (unaudited) EBITDA is defined as income (loss) from continuing operations plus interest expense, income taxes, and depreciation and amortization including goodwill impairment charges. EBITDA is not a calculation based on generally accepted accounting principles. The amounts included in the EBITDA calculation, however, are derived from amounts included in the historical statements of operations data. In addition, EBITDA should not be considered as an alternative to net income or operating income as an indicator of our operating performance, or as an alternative to operating cash flows as a measure of liquidity. We have reported EBITDA because we regularly review EBITDA as a measure of our ability to incur and service debt. In addition, we believe our debt holders utilize and analyze our EBITDA for similar purposes. We also believe EBITDA assists investors in comparing a company s performance on a consistent basis without regard to depreciation and amortization, which can vary significantly depending upon many factors. However, the EBITDA measure presented in this press release may not always be comparable to similarly titled measures by other companies due to differences in the components of the calculation. Three Months Ended September 30, 2010 2009 Income (loss) from continuing operations $ 31.6 $ 23.2 Add: Interest expense 45.3 31.6 Provision (benefit) for income taxes 15.2 14.5 Depreciation and amortization expense 47.3 40.1 Goodwill impairment Earnings from continuing operations before interest expense, income taxes, and depreciation and amortization expense $139.4 $109.4 Nine Months Ended September 30, 2010 2009 Income (loss) from continuing operations $ 57.0 $(152.2) Add: Interest expense 136.3 89.4 Provision (benefit) for income taxes 29.5 (21.2) Depreciation and amortization expense 143.3 120.8 Goodwill impairment 325.0 Earnings from continuing operations before interest expense, income taxes, and depreciation and amortization expense $366.1 $ 361.8 -END -

Exhibit 99.2 Trinity Industries, Inc. Earnings Release Conference Call Comments of Gail Peck Treasurer October 28, 2010 Thank you, Ty. Good morning from Dallas, Texas. Welcome to the Trinity Industries third quarter 2010 results conference call. I m Gail Peck, Treasurer of Trinity. Thank you for joining us today. Following the introduction you will hear from Tim Wallace our Chairman, Chief Executive Officer and President. After Tim, our business group leaders will provide overviews of the businesses within their respective groups. Our speakers are: Following their comments, James Perry, our Vice President and Chief Financial Officer, will provide the financial summary and guidance. We will then move to the Q&A session. Mary Henderson, our Vice President and Chief Accounting Officer, is also in the room with us today. I will now turn the call over to Tim Wallace for his comments. Tim Steve Antonio Bill Steve Menzies, Senior Vice President and Group President of the Rail and Railcar Leasing Groups Antonio Carrillo, Vice President and Group President of the Energy Equipment Group; and Bill McWhirter, Senior Vice President and Group President of the Construction Products and Inland Barge Groups To James Q&A Session That concludes today s conference call. A replay of this call will be available after one o clock eastern standard time today through midnight on Thursday, November 4 th 2010. The access number is 402-220-0429. Also the replay will be available on the website located at www.trin.net. We look forward to visiting with you again on our next conference call. Thank you for joining us this morning.

Exhibit 99.3 Thank you, Gail, and good morning everyone. Trinity Industries, Inc. Earnings Release Conference Call Comments of Tim Wallace Chairman, CEO and President October 28, 2010 I am pleased with our accomplishments during the 3 rd quarter. We had a number of positive events during the 3 rd quarter which contributed to our success. I anticipate that each quarter will continue to have its own unique characteristics, challenges and opportunities based on different levels of uncertainty that continues to circulate within the global business environment. During the 3 rd quarter, our barge manufacturing facility in Tennessee fully recovered from the damage it received due to the flood last May. James will provide details about the financial aspects of this unique situation during his comments. I am very pleased by the way our employees responded to the challenges associated with the flood. Our structural wind towers business completed additional reshuffling of its production schedules during the quarter to accommodate customers. Our railcar leasing group provided consistent earnings during the quarter. Our Rail Group generated a profit in a highly competitive market environment. Our barge group was very successful in extending their backlog. Demand for products in most of our businesses continues to reflect a positive trend. During the past 6 months we have seen a steady demand for products in our highway construction-related businesses that were consistent with previous construction seasons. I am very pleased with the progress our businesses made during the 3 rd quarter in pursuing orders. Our overall performance during the quarter reflects the talents and hard work of our people; the diversification of our businesses; our emphasis on operational excellence; and the strength of our market leadership positions. Our manufacturing businesses remain prepared to flex as the demands in their markets shift. I am confident in their ability to successfully respond as their markets change. In a rapidly changing business climate like the one we are experiencing, we are fortunate to have a highly-seasoned group of employees. I will now turn it over to Steve Menzies for his comments.

Exhibit 99.4 Thank you, Tim, Good morning! Trinity Industries, Inc. Earnings Release Conference Call Comments by Steve Menzies Senior Vice President and Group President Rail and Railcar Leasing Groups October 28, 2010 Third quarter operating results of the Rail Group and Leasing Group were in line with our expectations. Our Leasing Group saw lease fleet utilization increase to 98.9% while continuing to grow. Our Rail Group posted a modest operating profit while shipping approximately 1,140 new railcars. And our order backlog grew during the third quarter allowing us to plan a higher level of production for the balance of the year and into the 1 st quarter of 2011. I am pleased with our operating performance in a highly challenging and competitive railcar marketplace. We have seen continued, modest improvement in railcar demand in certain markets. Demand has improved for railcars that transport chemicals, minerals and agricultural products while railcars that serve the lumber, paper, automotive and coal industries continue to suffer from weak demand. Significant numbers of idle intermodal railcars have been placed back into service and orders for new intermodal railcars were prominent during the quarter. Lease renewals and lease rates appear to have stabilized and are even improving in several markets. The overhang of idle railcars and slow economic recovery, however, continues to dampen demand for certain railcar types. During the 3rd quarter, the industry received orders to build approximately 9,200 new railcars raising the yearto-date total to more than 19,200. Industry orders during the 3 rd quarter were heavily weighted toward strategic purchases of intermodal railcars by railroads and TTX. The balance of industry orders were principally for covered hoppers and tank cars. Current order inquiries reflect additional strategic purchases being considered by railroads. TrinityRail received approximately 2,000 railcar orders during the 3 rd quarter. We continue to be very selective about orders we pursue. Our orders during the quarter fit well with our production plans and profitability targets. They included tank and covered hopper cars for industrial shippers and third party lessors. TrinityRail s backlog was approximately 4,860 railcars at the end of the 3 rd quarter up 22% from the end of the prior quarter. Approximately 31% of the units in our railcar production backlog are for customers of our leasing business. Based upon orders received and current inquiry levels, we have increased our projection for railcar production through the end of the year. We now expect to deliver between 1,900 and 2,100 railcars during the 4 th quarter. In comparison, we shipped 1,140 railcars in the 3 rd quarter and 890 railcars in the 2nd quarter of this year. We added 790 new railcars to our lease portfolio during the 3 rd quarter bringing our total lease fleet to more than 51,640 railcars, a 4% increase compared to the end of the 3 rd quarter 2009. Our lease fleet utilization increased sequentially to 98.9% from 98.7% at the end of the 2 nd quarter. Our average remaining lease term declined to 3.5 years and the average age of the fleet is 5.8 years. The TRIP lease fleet totals 14,700 railcars operating at a 99.6% utilization. We have adjusted our new railcar production plans as a result of our increased backlog. Our operating flexibility has allowed us to increase production to meet customer needs. We continue to closely monitor demand in the various industry market segments each of which has its own set of supply and demand dynamics. The economic data and rail transportation metrics are leading indicators currently pointing toward a slow recovery in railcar demand. We will adjust to further changes in the marketplace as needed while aggressively pursuing select railcar

building and lease investment opportunities that meet our objectives. We expect to continue to grow our lease fleet which continues to perform very well. I ll now turn it over to Antonio.

Exhibit 99.5 Thank you Steve, and good morning! Trinity Industries, Inc. Earnings Release Conference Call Comments of Antonio Carrillo Vice President and Group President Energy Equipment Group October 28, 2010 During the third quarter, we received some new orders for wind towers. Some of these orders filled production openings created by the reshuffling that Tim mentioned. The economics of the wind energy industry continue to be challenged by a number of issues which is causing additional wind farm projects to be delayed. In the short term, this impacts our margins as we work to reschedule deliveries. Over the long term, it enhances our customer relationships. Once a sustainable recovery occurs, we will be in a position to produce strong results. I am pleased with our plants ability to handle this production reshuffling while remaining profitable. We continue to be optimistic about the long-term prospects for wind energy. Our $1 billion backlog provides us with a long-term production platform. In the short-term, we may face some additional uncertainty about the timing of deliveries. There are too many variables to predict when a sustainable recovery will occur. We are concentrating on staying flexible and responsive to customer requirements while maintaining sufficient capacity to handle new customer demand when it develops. Our other businesses saw demand stabilize during the third quarter for most of their products and their backlogs began to grow. I will now turn the call over to Bill for his comments.

Exhibit 99.6 Thank you Antonio and good morning everyone. Trinity Industries, Inc. Earnings Release Conference Call Comments of William McWhirter Senior Vice President and Group President Construction Products and Inland Barge Groups October 28, 2010 Our Construction Products Group had a good quarter posting operating profit of $20.3 million. These results continue to be driven by the performance of our highway products business coupled with construction-friendly weather. On the concrete and aggregate side, we continued to see weak demand. During the quarter we divested of our East Texas asphalt business and a single Ready Mix plant in Louisiana. We considered these assets not to be core to the operations. The result was a one-time gain of $3.8 million. The divested assets represented approximately $40 million in annual revenue. Moving to the Inland Barge Group... During the third quarter we received orders of $264 million dollars, bringing our backlog to $516 million. We consider most of these orders to be replacement orders for aging equipment. This level of backlog helps provides a strong sense of clarity for 2011. During the third quarter, we incurred approximately $500 thousand in costs, not covered by our insurance policies, related to the flooding at our Tennessee barge plant. The plant is now operating at normal production levels. I continue to be pleased with our performance in this challenging economic climate. And now I turn the presentation back to James.

Exhibit 99.7 Thank you, Bill, and good morning everyone. Trinity Industries, Inc. Earnings Release Conference Call Comments by James E. Perry Vice President and Chief Financial Officer October 28, 2010 My comments relate primarily to the third quarter of 2010. We will file our form 10-Q later today. For the third quarter of 2010, Trinity reported earnings of $0.37 per diluted share. This compares to earnings of $0.29 per diluted share in the third quarter of 2009. The results for third quarter of 2010 include a pre-tax gain of $10.2 million or $0.08 per common diluted share related to the disposition of insured property, plant and equipment that were damaged by a flood at Trinity s Tennessee barge manufacturing facility in May. Revenues for the third quarter were $540 million, compared to $557 million in the same quarter last year. For the third quarter, Trinity s EBITDA was $139 million, compared to $109 million in the same quarter of 2009. The reconciliation of EBITDA was provided in the news release yesterday. Revenues for our Construction Products Group were $160 million in the third quarter, compared to $146 million a year ago. This group reported operating profit of $20.3 million, compared to $13.1 million in the same period a year ago. The results for the third quarter of 2010 include a pre-tax gain of $3.8 million recognized from certain divestitures in our Concrete and Aggregates business. Our highway products business, including the acquisition of Quixote Corporation earlier this year, continues to perform favorably. Rail Group revenues increased sequentially by 16% over the second quarter to $131 million. The operating profit for the Rail Group was $3.3 million, a 2.5% margin. The Rail Group backlog grew to an estimated value of $388 million as of September 30, 2010. Our Railcar Leasing and Management Services Group reported revenues of $122 million, including $29 million of revenues from TRIP. Operating profit for the quarter was $52.9 million, including $16.3 million from TRIP. In the third quarter, TRIP provided Trinity with earnings per share of $0.02. We expect the EPS quarterly contribution from TRIP to be between $0.02 and $0.03 per share for the fourth quarter, assuming TRIP s current operating metrics remain relatively consistent. During the quarter, Trinity negotiated the acquisition of an additional 29% equity interest in TRIP at a discount for a purchase price of $28.6 million. Trinity s total ownership in TRIP after the purchase was 57% at the end of the third quarter. The purchase was the result of an investment portfolio restructuring by one of TRIP s equity partners. The Inland Barge Group generated third quarter revenue of approximately $99 million and operating profit of $22.4 million, resulting in a margin of 22.6%. As previously mentioned, the Inland Barge Group s third quarter performance included a $10.2 million pre-tax gain from the disposition of damaged property, plant, and equipment from the flood at our Tennessee manufacturing facility in May. Our barge business received $264 million of orders during the third quarter and had a backlog value of approximately $516 million as of September 30, 2010, an increase of 48% over the second quarter of this year. During the third quarter, the Energy Equipment Group s revenues were $107 million with the wind towers business contributing $65 million. Operating profit for the group was $6.0 million, resulting in an operating margin of 5.6%. This compares to operating profit of $16.2 million in the third quarter of 2009. These results reflect our ability to adjust to our customers needs due to the on-going softness in the wind tower market. The backlog for the wind towers business as of September 30, 2010 remains healthy at approximately $1 billion. I will now move to our balance sheet and capital structure. At September 30, we had $338 million available

under the leasing warehouse facility and $344 million available under Trinity s revolving credit facility after accounting for $81 million in letters of credit. Combined with our unrestricted cash and short-term marketable securities balance of $371 million, our total liquidity position was in excess of $1.0 billion at the end of the third quarter. Subsequent to quarter end, our Leasing Company executed a railcar lease financing transaction for $369 million. This transaction has a coupon of 5.19% which provides us with attractively priced capital. With a portion of the proceeds, we paid down $55 million of our warehouse facility and have issued a redemption notice for all of our $201.5 million of 6.5% Senior Notes that were scheduled to mature in 2014. The redemption will settle in late November and will result in a net charge of approximately $0.04 in the fourth quarter. The net benefit to the company of these transactions is reduction in our overall borrowing rate and a longerterm maturity profile. The remaining cash further enhances our liquidity as we continue to grow our leasing business and seek investment opportunities throughout our portfolio of businesses. I will now discuss our forward-looking guidance. We anticipate earnings per share for the Company to be between $0.10 and $0.15 in the fourth quarter after including an approximate $0.04 net impact from the redemption of the Senior Notes. For 2010, we anticipate full year earnings will range between $0.73 and $0.78 per diluted share. We anticipate that the Rail Group will report operating results between breakeven and a $2 million profit for the fourth quarter of 2010. Inland Barge revenues are expected to be between $115 and $125 million in the fourth quarter with an operating margin in the range of 12% to 14% for the same period. Revenues for Energy Equipment are expected to be approximately $110 to $120 million in the fourth quarter with margins anticipated to be between 4% and 6%. We expect the wind tower business to contribute $260 to $280 million in revenue during 2010. Year to date, non-leasing capital expenditures are $22 million. Our current forecast is for approximately $30 million of non-leasing capital expenditures in 2010. Year to date, net additions of railcars to the lease fleet total $154 million. For 2010, we anticipate approximately $175 to $200 million in net fleet additions. We remain well positioned with a diversified portfolio of businesses, a strong balance sheet and solid cash flows. Our continued focus on liquidity solidly positions us to capitalize on business opportunities as they arise. Our operator will now prepare us for the question and answer session. Q&A Session