Although U.S. rail volumes have been sluggish in 2023, Greenbrier’s orders for new rail cars have been anything but. The manufacturer received orders for 15,300 rail cars with an aggregate value of $1.9 billion in its fourth fiscal quarter, which ended Aug. 31.
These orders, which spanned a range of rail car types and represented a breadth of customers, yielded Greenbrier’s highest quarterly order count “in nearly a decade,” Greenbrier (NYSE: GBX) said in a Thursday news release. The rail car...
https://www.freightwaves.com/news/greenbrier-nets-most-rail-car-orders-in-nearly-a-decade