Greenbrier Companies Announces Q2 Results

Greenbrier Companies Announces Q2 Results

In its second quarter ending Feb. 29, Greenbrier Companies, Inc. expanded its lease fleet and secured new railcar orders, the Oregon-based freight transportation provider announced April 5. The company located in Lake Oswego said it was able to grow its lease fleet by 500 units to 14,600 with almost 99% of the fleet in steady use. Greenbrier also brought in 5,900 units of new railcar orders valued at nearly $690 million and delivered 5,600 units, resulting in a new railcar backlog of 29,200 units worth roughly $3.6 billion, the company said. Greenbrier’s net earnings for the quarter were $33 million…
Read More
Oregon-Based Greenbrier Overhauls Business Operations Structure

Oregon-Based Greenbrier Overhauls Business Operations Structure

Lake Oswego, Oregon-based firm Greenbrier Companies, a global supplier of freight transportation equipment and services, on Jan. 8 announced changes to its business structure, including the roles of some senior managers. Brian Comstock, a 26-year Greenbrier veteran with more than four decades of railway industry experience, has assumed responsibility for all operations in the Americas, including the U.S., Mexico, Canada and Brazil. Additionally, William Glenn, who has spent more than 20 years at Greenbrier in various roles, has assumed responsibility for all operations in Europe. Greenbrier’s board appointed Comstock to the position of executive vice president and president, the Americas,…
Read More
Manufacturer Greenbrier Received Orders for 15,300 Railcars in Latest Fiscal Quarter

Manufacturer Greenbrier Received Orders for 15,300 Railcars in Latest Fiscal Quarter

During its fiscal fourth quarter, which ended Aug. 31, transportation equipment manufacturer Greenbrier Companies, Inc. secured orders for 15,300 new railcars valued at $1.9 billion, giving the Lake Oswego, Oregon-based company its highest quarterly order count in almost a decade. The company’s Sept. 21 announcement did not include railcars under any multi-year order activity, Greenbrier said. “The diverse range of orders across railcar types exceeded Greenbrier's expectations for the quarter,” Chief Commercial and Leasing Officer Executive Vice President Brian J. Comstock said, adding that the orders reflect Greenbrier's strength in the North American and European markets. “Order levels are distinct…
Read More