Who owns TTX Company

TTX Company - Profile

TTX Company is the railcar pooling cooperative of the North American rail industry, formed in November 1955 as TrailerTrain by the Pennsylvania Railroad, the Norfolk and Western Railway and Rail-Trailer Corp, renamed TTX in 1991, and now run from Charlotte, North Carolina after moving from Chicago in 2024. It owns and manages a fleet of more than 168,000 railcars, roughly half intermodal flatcars and well cars, a quarter autoracks and a quarter boxcars and gondolas, and supplies them to the railroads through a shared pool rather than each carrier buying and holding its own cars of those types. TTX handles the maintenance of the fleet through its own repair shops in Florida, South Carolina, Michigan and California plus independent contract shops, and it operates under pooling authority granted by the Surface Transportation Board, currently running to 2029.

The disclosed stakes

One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.

Where each figure comes from

A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.

• Union Pacific Corporation, as of 30 Jun 2026. Union Pacific Railroad (UPRR) applies the equity method of accounting (ASC 323) to its 37.03 percent economic interest in TTX, a rail car pooling company jointly owned with other North American railroads. The 10-Q states the carrying value only as a rounded figure, 'UPRR had $2.0 billion recognized as investments related to TTX,' identical at both June 30, 2026 and December 31, 2025. No more precise dollar figure or share count is disclosed; TTX is a private company with no public share count. The balance sheet 'Investments' line totals $2,977 million at June 30, 2026 (versus TTX's disclosed $2.0 billion), meaning roughly $1.0 billion of other, unnamed investments make up the remainder of that combined balance; those other investments are not sized or named anywhere in the filing and are not recorded here. sourcesource 2
• CSX Corporation, as of 31 Dec 2025. FY2025 10-K, Note 15: 'CSX owns about 20 percent of TTX's common stock, and the remaining is owned by the other leading North American railroads and their affiliates.' CSX applies the equity method to this investment. Carrying value disclosed as $1,055 million at December 31, 2025 ($1,012 million at December 31, 2024). This percentage was established independently from CSX's own filings and is materially different from Union Pacific's separately disclosed 37.03 percent economic interest in TTX (per the union-pacific.json research file); each Class I railroad holds a different share of TTX and the two figures should not be conflated or copied between companies. TTX is privately held with no public share count, so shares is null. source
• Norfolk Southern Corporation, as of 30 Jun 2026. TTX's 19.78% ownership percentage is disclosed (Q2 2026 10-Q, Note 9), but no standalone dollar value is given. TTX sits inside the balance sheet's combined 'Investments' line ($4,155 million at June 30, 2026 versus $4,089 million at December 31, 2025), which also includes the $1.9 billion Conrail investment and other items such as corporate-owned life insurance cash surrender value, none of which are broken out individually. Per the brief's rule against assigning a combined balance to one investee, value_usd is left null here; see notes and unknowns. sourcesource 2