EXHIBIT 99.2


                     SECOND QUARTER RESULTS CONFERENCE CALL
                                   NEIL SHOOP
                                 AUGUST 7, 2003

                                                       DIAL IN ON UNIQUE PHONE #
                                                       9-1-(785) 832-2267

NEIL SHOOP:

THANK YOU ROBERT

GOOD MORNING FROM DALLAS, TEXAS AND WELCOME TO THE TRINITY INDUSTRIES' SECOND
QUARTER RESULTS CONFERENCE CALL. I'M NEIL SHOOP, TREASURER FOR TRINITY. THANK
YOU FOR BEING WITH US TODAY.

         1.       WITH ME TODAY ARE:

                  a.       TIM WALLACE, CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE
                           OFFICER

                  b.       JOHN ADAMS, EXECUTIVE VICE PRESIDENT

                  c.       JIM IVY, SR. VICE PRESIDENT AND CHIEF FINANCIAL
                           OFFICER, AND...

                  d.       CHAS MICHEL, CONTROLLER

         2.       A REPLAY OF THIS CONFERENCE CALL WILL BE AVAILABLE STARTING
                  ONE HOUR AFTER THE CONFERENCE CALL ENDS TODAY THROUGH MIDNIGHT
                  ON THURSDAY, AUGUST 14TH.

         3.       THE REPLAY NUMBER IS (402) 530-0420.

A.       I WOULD ALSO LIKE TO WELCOME OUR AUDIO WEBCAST LISTENERS TODAY. REPLAY
         OF THIS BROADCAST WILL ALSO BE AVAILABLE ON OUR WEBSITE LOCATED AT
         www.trin.net.

B.       IN A MOMENT, JOHN ADAMS, JIM IVY AND CHAS MICHEL WILL HAVE SOME BRIEF
         COMMENTS.

         1.       THEN, TIM WALLACE WILL GIVE HIS PERSPECTIVE AND OUTLOOK.

         2.       FOLLOWING THAT, WE'LL MOVE TO THE Q&A SESSION.

C.       BEFORE WE GET STARTED, LET ME REMIND YOU THAT:

                  "TODAY'S CONFERENCE CALL CONTAINS FORWARD LOOKING STATEMENTS
                  AS DEFINED BY THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
                  1995 AND




                  INCLUDES STATEMENTS AS TO EXPECTATIONS, INTENTIONS AND
                  PREDICTIONS OF FUTURE FINANCIAL PERFORMANCE. STATEMENTS THAT
                  ARE NOT HISTORICAL FACTS ARE FORWARD LOOKING. PARTICIPANTS ARE
                  DIRECTED TO TRINITY'S FORM 10-K AND OTHER SEC FILINGS FOR A
                  DESCRIPTION OF CERTAIN OF THE BUSINESS ISSUES AND RISKS, A
                  CHANGE IN ANY OF WHICH COULD CAUSE ACTUAL RESULTS OR OUTCOMES
                  TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN THE FORWARD
                  LOOKING STATEMENTS.

D.       NOW, HERE'S JOHN ADAMS.  JOHN ...

JOHN
JIM
CHAS
TIM

E.       THANKS, TIM.  NOW OUR OPERATOR WILL PREPARE US FOR THE Q & A SESSION.
         ROBERT.

Q & A SESSION

         THANKS, ROBERT

1.       THIS CONCLUDES TODAY'S CONFERENCE CALL.

2.       REMEMBER, A REPLAY OF THIS CALL WILL BE AVAILABLE STARTING ONE HOUR
         AFTER THIS CALL ENDS TODAY THROUGH MIDNIGHT, THURSDAY, AUGUST 14TH.

3.       THE ACCESS NUMBER IS (402) 530-0420.

4.       ALSO, THIS REPLAY WILL BE AVAILABLE ON OUR WEBSITE LOCATED AT
         www.trin.net.

5.       WE'LL LOOK FORWARD TO VISITING WITH YOU AGAIN ON OUR NEXT CONFERENCE
         CALL.

6.       THANK YOU FOR JOINING US THIS MORNING.