Greenbrier Companies

Greenbrier first fiscal quarter orders top 14,000 cars

The Greenbrier Cos. Inc. recently received orders for another 2,700 freight cars, bringing the total number of cars ordered in the company’s first fiscal quarter (September-November 2014) to 14,100 units valued at $1.24 billion. Orders for the quarter include small-cube covered hopper cars for sand and cement transportation, boxcars, doublestack intermodal, units, automobile carrying cars, gondolas, and tank cars, both for crude oil and other commodity types.

Analysis: OPEC move tugs at railcar expectations

KeyBanc Capital Markets Inc. issued best- and worst-case scenarios for the freight railcar production market Thursday, Dec. 4, 2014, “[g]iven the dramatic share price volatility in the railcar space following OPEC’s decision last week.”

Greenbrier Cos. touts record 4Q, full year

The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced “record results for [the] fourth quarter and fiscal year,” adding it had received orders of “an additional 11,400 units” after its fiscal fourth quarter ended on Aug. 31, 2014.

Railcar builder stocks tumble following PHMSA NPRM comment period

Shares of The Greenbrier Companies and Trinity Industries fell 10.2% and 7.7%, respectively, in afternoon trading on Wednesday, Oct. 1, 2014, one day after the deadline for final comments on the U.S. DOT Pipeline and Hazardous Materials Administration’s Notice of Proposed Rulemaking on tank cars carrying flammable liquids. Wall Street analysts attributed the stock plunge (which also affected American Railcar Industries, down 5.8%) to investor wariness over an “oil tank car rule fight.”
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