All The Greenbrier Companies articles
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Rail Business UKJNA-X box wagon prototype for GB Railfreight rolled out
UK: The first of 50 JNA-X box wagons ordered by leasing company Porterbrook for use by GB Railfreight has been rolled out at Greenbrier Europe’s factory at Arad in Romania. The order was announced on March 15, and deliveries are planned in two batches in September ...
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Rail Business UK
Wagon bogies ordered
UK: Greenbrier Europe has awarded Wabtec UK’s Axiom Rail Freight business a £8·2m contract to supply TF25 bogies for two batches of 102 tonne box wagons which it is to build in Romania for delivery to the UK in 2022. This year marks the 25th anniversary ...
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News
High-strength steel wagons designed to improve efficiency
USA: A ‘stronger, lighter and more energy-efficient’ open wagon design which makes use of high strength steel to reduce empty weight by 6·8 tonnes has been announced by US Steel, The Greenbrier Companies and Norfolk Southern, which has ordered an initial batch of 800. The companies ...
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Rail Business UK
Freightliner estimates 7% emissions reduction from latest container wagons
UK: Freightliner has taken delivery of the first 40 of 230 FFA-G 40ft intermodal wagons which it said were the culmination of 2½ years of work across four countries with partners Greenbrier Europe and Wabtec Axiom Rail. The Polish-built wagons are more than 2 tonnes lighter ...
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Rail Business UK
GB Railfreight orders Greenbrier wagons
UK: GB Railfreight has selected leasing company Porterbrook to finance an order for 100 Greenbrier 60 ft intermodal twin wagons, following an ‘extended commercial exercise’. The contract will initially operate as a 10-year dry lease. The first batch of wagons are scheduled to be completed in ...
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News
Greenbrier and Longwood announce wagon leasing joint venture
USA: Wagon manufacturer The Greenbrier Companies and transport asset advisory and management firm Longwood Group have announced plans to form a wagon leasing joint venture in the first quarter of this year. GBX Leasing’s initial portfolio will be based on leased wagons on Greenbrier’s balance sheet ...
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News
Railway supply industry news round-up
Sinara Transport Machines has acquired a 49% stake in the Vagonmash joint venture of Kirov Works and Škoda Transportation, which manufactures NeVa trainsets for the St Petersburg metro. Alstom booked €1·7bn of orders in its Q1 from April 1 to June 30, compared ...
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News
Greenbrier GIMSA Joint Venture agreement amended
MEXICO: As part of its response to the effects of the coronavirus pandemic, The Greenbrier Companies has amended its 50:50 joint venture agreement with Grupo Industrial Monclova, the manufacturing partner at the Greenbrier GIMSA wagon plant in Monclova, Mexico. Both partners will receive additional revenue and dividends ...
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News
Greenbrier suspends wagon manufacturing at Gunderson site
USA: The Greenbrier Companies has suspended wagon manufacturing at its Gunderson site in Portland, Oregon, owing to the economic impacts of Covid-19. The announcement on April 16 came a week after Greenbrier Gunderson ended production on its double-stack intermodal line, which has run nearly continuously for 25 ...
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News
Two goals for Greenbrier in the Covid-19 crisis
GREENBRIER: Wagon manufacturer The Greenbrier Companies has two primary goals during the coronavirus pandemic, Chairman & CEO William A Furman said when presenting its Q2 results on April 7. These are ‘protecting the safety and health of employees and preserving the economic well-being of our enterprise in ...
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Tsunami Gate wagon to make a splash at Railway Interchange
USA: A patent-pending Tsunami Gate door system that allows shippers to customise grain discharge speeds is at the heart of the latest design of covered hopper wagon to be developed by The Greenbrier Companies. The 147 m3 capacity wagon can be emptied in 30 sec, with automated ...
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Greenbrier to acquire American Railcar Industries in $400m deal
USA: The Greenbrier Companies Inc has agreed to acquire the manufacturing business of American Railcar Industries from ITE Management in a deal worth $400m. The transaction announced on April 18 is expected to close this year, subject to customary regulatory approvals. The gross purchase price is $430m, including $30m for ...
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News
Greenbrier announces 'solid results'
GREENBRIER: Wagon manufacturer The Greenbrier Companies has announced net earnings of $151·8m on revenue of $2·5bn for the year to August 31 2018, with adjusted net earnings of $133·9m and adjusted EBITDA of $318·2m, or 12·6% of revenue. A total of 20 900 wagon units were delivered, and orders received ...
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Saudi Railway Co and Greenbrier announce joint venture
SAUDI ARABIA: The Greenbrier Companies and Saudi Railway Co have signed an agreement to establish a joint venture to invest in the Saudi rail freight market and potentially the wider Gulf Co-operation Council region. The agreement is subject to the completion of final due diligence by the parties and ...
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News
GBW Railcar Services joint venture ends
USA: The Greenbrier Companies and Watco have agreed to end their GBW Railcar Services joint venture, which was established in July 2014 to bring together the two companies’ workshops to form a national wagon maintenance network. The assets and employees of 12 workshops will return to Greenbrier, with 14 workshops ...
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News
Greenbrier invests in Turkish wagon manufacturer
TURKEY: The Greenbrier Companies’ European business Greenbrier-AstraRail has agreed to acquire a 68% stake in Adana-based wagon, bogie and component manufacturing and maintenance company Rayvag Vagon Sanayi ve Ticaret. Rayvag was founded in 2007 by Asim Suzen, who will retain a 32% equity interest and continue as Managing Director. ...
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News
Wagons delivered from Poland to Saudi Arabia
SAUDI ARABIA: Abnormal load logistics specialist ALS has completed a 20-month project to deliver a total of 1 185 wagons of three types from The Greenbrier Companies’ Wagon Świdnica factory in Poland to Saudi Railway Co. The wagons are 14·35 m long, 3 200 mm wide and 4 500 mm ...
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News
‘Transformational’ deal creates Europe’s largest wagon manufacturer
EUROPE: The 'transformational' deal to combine the European activities of The Greenbrier Companies and Astra Holding to create what the firms describe as Europe's largest wagon manufacturing and repair business was completed on June 1. According to Greenbrier-Astra Rail supervisory board Chairman and head of commercial operations Thomas Manns, the ...
