The decision by Trinity Tank Car, a company subsidiary, was also prompted b y ethanol industry ``volatility’’ and changes in the financial condition of certain third-party lessees, said Timothy R. Wallace, chief executive of Trinity, the largest US rail car builder.
The tank cars would have been delivered in 2010 and 2011 to Trinity’s leasing company, he said. Growth in corn-based ethanol production had fueled a boom in tank car construction since 2005, with Dallas-based Trinity the market leader.
The
