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 names Isselmann to Senior VP slot

The Greenbrier Companies has promoted Vice President, External Affairs & Communications Jack Isselmann to Senior Vice President, External Affairs & Programs.

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.

Greenbrier calls for no delays on PHMSA rulemaking, legacy tank car retrofits

Greenbrier on Oct. 10, 2014 reiterated its support for the Pipelines and Hazardous Materials Safety Administration’s (PHMSA) proposed Option 2 design for new tank cars in flammable service built after Oct. 1, 2015, which will be designated the DOT-116.

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.”

Greenbrier responds to PHMSA tank car NPRM

The Greenbrier Companies, Inc. on Sept. 30, 2014, filed comments to the Notice of Proposed Rulemaking (NPRM) on HHFTs (High Hazard Flammable Trains)—hazmat tank cars carrying crude oil and ethanol—issued by the Pipeline and Hazardous Materials Safety Administration (PHMSA). The deadline for filing comments is Sept. 30.

Greenbrier touts healthy, diverse orders

The Greenbrier Companies, Inc. announced Wednesday, Sept. 17, 2014 it has received new orders amounting to 10,300 railcar units during its fiscal fourth quarter, which ended Aug. 31, 2014.

The changing freight car landscape

A shifting traffic base is generating improved designs, and a building boom not seen in years.

Analysts, legal and financial experts weigh in on DOT’s HHFT NPRM

The Notice of Proposed Rulemaking issued by the U.S. DOT for HHFTs (High-Hazard Flammable Trains) hauling crude oil and other commodities the DOT deems hazardous in tank cars has produced a flurry of commentary and analysis, with varied opinions.
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