The Longwood Group

Greenbrier President and CEO Lorie Tekorius

Greenbrier’s Tekorius: ‘Managing Through Near-Term Economic Uncertainty’

“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.”

Through GBX Leasing, The Greenbrier Companies and The Longwood Group are developing an owned portfolio of leased railcars that will be primarily built by Greenbrier.
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Supply Side: Greenbrier; Railroad Software/Automated Rail

The Greenbrier Companies, Inc. has completed the first offering of railcar asset-backed securities and long-term financing for GBX Leasing, its joint venture with The Longwood Group. Also, Railroad Software and Automated Rail have formed a strategic partnership.