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…
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