The Greenbrier Companies news – Page 3
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NewsGreenbrier and Watco to combine wagon maintenance activities
USA: Wagon manufacturer The Greenbrier Companies and short line and wagon repair group Watco are to combine their wagon repair, refurbishment and maintenance workshops through the formation of an equally-owned joint venture to be known as GBW Railcar Services. Announcing the plan on June 4, the companies said the ...
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NewsGreenbrier announces alliance with Mitsubishi UFJ Lease & Finance
USA: The Greenbrier Companies announced an ‘alliance’ with Mitsubishi UFJ Lease & Finance on May 22, saying this would combine Greenbrier Leasing Co's expertise in wagon leasing and management with MUL's experience of asset finance. MUL plans to acquire a $1bn portfolio of new and used wagons in the coming ...
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NewsSlower trains will need more wagons
USA: Announcing that it had received orders for 5 600 wagons worth $460m in its second financial quarter which ended on February 28, The Greenbrier Companies said it expects that current 'downward trends in railroad train velocity' will lead to stronger demand for certain types of wagon. The orders include ...
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NewsGreenbrier plans safer tank car design
USA: Responding to growing concern over the safety of crude oil movements by rail in North America, rolling stock builder The Greenbrier Companies announced on February 5 that it is to develop a new-generation ‘Tank Car of the Future’ for the transport of hazardous freight, including crude oil and ethanol. ...
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NewsGreenbrier to maintain CIT Rail wagons
USA: The Greenbrier Companies is to provide leasing company CIT Rail with dedicated access to wagon repair capacity at its Atchison, Kansas, workshop under an agreement announced on August 12. The deal could be extended to include additional Greenbrier facilities across the USA. The companies will collaborate to match CIT ...
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NewsConvertible multi-deck automotive wagon launched
USA: The Multi-Max car-carrying wagon incorporating an adjustable deck enabling conversion from two to three levels to suit the type of vehicle being carried was unveiled by The Greenbrier Companies on May 29. The wagon is compatible with existing bi-level and tri-level fleets, so operators do not need to ...
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NewsTimken to buy Greenbrier roller bearing business
USA: An agreement has been reached for The Greenbrier Companies to sell its wheelset roller bearing reconditioning business in Elizabethtown, Kentucky, to Timken. The deal is expected to close by May 31, and includes a long-term agreement for Timken to supply Greenbrier with new and reconditioned bearings. Financial terms were ...
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NewsWagon builder sees revival in rail market
USA: 'Recent orders for double-stack equipment represent the early signs of a restoration in demand for this car type', President & CEO of The Greenbrier Companies William A Furman said on August 25, when the company announced contracts to built more than 1 000 double-stack container wagons and 700 hoppers ...
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