Demand for new freight cars is on the rise, and builders appear to be aggressively using pricing tools to take advantage of the recovery and retain or increase market share, according to market research conducted by Cowen and Company analyst Matt Elkott.
Railcar builder Greenbrier Cos. reported weaker revenue and earnings in the fiscal third quarter from a year ago amid “challenging” markets that are expected to continue into 2018.
The Greenbrier Companies and Tokyo-based Mitsubishi UFJ Lease & Finance Company Limited (MUL) today completed agreements to expand their existing commercial relationship in North America.
Railcar builder Greenbrier Companies reported sales and earnings that beat estimates, and announced a new railcar lease agreement worth more than $1 billion.
