WOMEN IN RAIL 2021
RAILWAY AGE, NOVEMBER 2021 ISSUE: Railway Age’s Women in Rail awards recognize leaders for driving their businesses forward while making a difference in the industry and in their communities.
The Greenbrier Companies
For Greenbrier, 5,500 Railcars
The Greenbrier Companies, Inc. has received new orders for 5,500 railcars valued at more than $530 million during its fourth fiscal quarter that began on June 1, 2021.
Amid Rising Railcar Demand, Who’s ‘Steeling’ the Show?
Railcar demand is on the rise, but so is the price of steel, which Cowen and Company estimates has put a 15%-25% premium on newly built equipment.
Greenbrier Outlook: ‘Increasingly Optimistic’
Greenbrier’s fiscal second-quarter 2021 financial results (the company begins its fiscal year on Sept. 1 of the prior year) are based on a $2.5 billion railcar backlog of 24,900 as of Feb. 28.
Cowen 4Q20 Surveys: Rail Pricing, Car Orders Up Slightly, Say Shippers
Rail shippers in fourth-quarter 2020 expected price increases of 3.2% (up 10bps sequentially), and their sub-group of railcar buyers raised order expectations modestly, according to two surveys conducted by Cowen and Company analysts Jason H. Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliot Alper.
The Cowen Insight: OEM Earnings, Railcar Demand
At Cowen and Company, we are revising our transportation OEM and machinery earnings estimates for fourth-quarter 2020 and 2021, and introducing our 2022 estimates; updating our North American Class 8 production forecast; and fine-tuning our railcar supply demand model. What are we seeing? Gradually improving supply-side dynamics.
Greenbrier meets 2Q railcar order estimates, affirms guidance
The Greenbrier Companies reported new car orders and deliveries that met or were near estimates for the second quarter, along with gains in key financial indicators.