The Greenbrier Companies, Inc., completes its second railcar asset-backed securities issuance. Also, H.W. Lochner, Inc., a Chicago, Ill., transportation infrastructure planning and engineering services provider, acquires Denver, Colo.-based Triunity, Inc.
The Greenbrier Companies, Inc. on Nov. 9 published its fifth-annual Environmental, Social and Governance (ESG) report.
“During the fiscal year, Greenbrier met the evolving needs of our customers to maintain our market-leading position. At the same time, we advanced our strategy to drive operational improvements and realize margin enhancement,” said Greenbrier President and CEO Lorie L. Tekorius during a report on fourth-quarter 2023 and full year financials.
The Greenbrier Companies boosted its order book by 15,300 railcars in its fiscal fourth quarter ending Aug. 31, 2023. Customers operating in “various commercial sectors” are purchasing a “range of railcar types” with an aggregate value of $1.9 billion, the manufacturer reported Sept. 21. TD Cowen offered insight.
The Greenbrier Companies’ third fiscal quarter, ending May 31, 2023, “reflects continued operating momentum and strong commercial activity,” President and CEO Lorie L. Tekorius said June 29 during the Oregon-based railcar manufacturer’s financial report. The company also raised its delivery and revenue guidance for the year, and announced that Canadian Pacific Kansas City (CPKC) advisor Patrick J. Ottensmeyer has joined its Board of Directors. TD Cowen offers insight.
The Greenbrier Companies on March 22 reported receiving orders for 4,500 new railcars during the fiscal second quarter ended Feb. 28, 2023, for which it provided preliminary results, including deliveries of 7,200 units. TD Cowen offers insight.
“Greenbrier’s business momentum continued in our fiscal first quarter, driven by a strong commercial performance that led to a book-to-bill of 1.2x,” Greenbrier President and CEO Lorie Tekorius reported on Jan. 6 for the quarter ended Nov. 30, 2022. “However, as new railcar production ramped, manufacturing margins were impacted by higher costs for outsourced parts, material shortages, supplier issues and lingering supply chain complications.”
The Greenbrier Companies, Inc., on Jan. 3 reported acquiring 100% interest in GBX Leasing (GBXL), its railcar leasing joint venture with The Longwood Group.
The Greenbrier Companies, Inc. on Nov. 1 published its fourth-annual Environmental, Social and Governance (ESG) report.
Greenbrier on Oct. 27 reported fourth-quarter 2022 results, which marked a “strong end” to its fiscal year and “demonstrates the value of its diverse business activities,” said President and CEO Lorie Tekorius.