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Greenbrier expects mid-2021 recovery


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A photograph of tank cars parked inside a garage.

The second half of 2021 could be the time frame when the rail industry will “turn the corner” and see not only sustained higher volumes but also more opportunities for railcar lessors and manufacturers, executives with railcar manufacturer Greenbrier (NYSE: GBX) said Friday.

This turnaround will happen provided that the broader economy recovers successfully from the COVID-19 pandemic.

“Economic uncertainty persists across all our end markets, but there are pockets of recovery if longer-term...

https://www.freightwaves.com/news/greenbrier-expects-mid-2021-recovery

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