All The Greenbrier Companies articles – Page 2

  • Danobat portal lathe for wheel reprofiling.

    Greenbrier orders Danobat wheelset machining equipment


    USA: Danobat Group has won an order to supply wagon manufacturer The Greenbrier Companies with wheel and axle profiling machines, including a portal lathe for wheel reprofiling. The contract includes supply of the ‘cutting edge’ equipment by September, along with assembly, maintenance and staff training. Danobat Sales & Marketing Director ...

  • tn_amsted-maxion-wagon.jpg

    Greenbrier announces ‘strategic investment’ in Brazil


    BRAZIL: The Greenbrier Companies announced an agreement to acquire a 19·5% stake in wagon manufacturer Amsted-Maxion Hortolândia for US$15m on January 7. The deal is expected to close in the second quarter of 2015, and the US company also has an option to acquire an additional 40·5% stake by September ...

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    Record results at Greenbrier


    GREENBRIER: US wagon manufacturer The Greenbrier Companies has reported record net earnings of $99·3m and Ebitda of $253·8m for the year to August 31 2014, with revenue of $2·2bn and cash generated from operating activities totalling $136m. The company delivered 16 200 wagons, and received orders for 34 300 valued ...

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    GBW Railcar Services established


    USA: The Greenbrier Companies and Watco announced the formal establishment of their equally-owned GBW Railcar Services wagon repair joint venture on July 21. The companies said GBW has ‘the largest independent railcar repair shop network in North America’, with a total of 38 repair, refurbishment and maintenance workshops. ‘GBW will ...

  • tn_us-greenbrier-oil-tank-car_04.jpg

    Don’t squelch oil by rail, says Greenbrier


    USA: Announcing provisional orders from ‘multiple customers’ for an initial 3 500 of its Tank Car of the Future flammable products wagons on June 19, Chairman & CEO of The Greenbrier Companies William Furman warned that government regulation must not delay the implementation of new design standards or impede the ...

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    Greenbrier 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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    Greenbrier 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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    Slower 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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    Greenbrier 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. ...

  • CIT Rail tank wagon (Photo: CIT Rail).

    Greenbrier 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 ...

  • Greenbrier Multi-Max car-carrying wagon.

    Convertible 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 ...

  • US freight train.

    Timken 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 ...

  • Generic double-stack wagon.

    Wagon 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 ...