Greenbrier Receives More Than $530MM in Railcar Orders in Fiscal Q4

Greenbrier has received new orders totaling 5,500 railcar units valued at more than $530 million thus far during its fourth fiscal quarter, which began on June 1. These orders increase Greenbrier’s backlog and provide further visibility entering fiscal 2022. The orders include a range of railcar types, including intermodal railcars, boxcars, tanks, covered hoppers and gondolas.

“Greenbrier continues to see momentum in our markets as we navigate the economic recovery and COVID variants,” William A. Furman, chairman and CEO of Greenbrier, said. “Our commercial and leasing teams have performed exceptionally in this environment. Greenbrier’s proven ability to adjust production capacity in response to growing demand positions us to actively secure new orders, strengthening our backlog. We expect this order trend to continue into fiscal 2022.”

Greenbrier, headquartered in Lake Oswego, OR, is an international supplier of equipment and services to global freight transportation markets.

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.