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…
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