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Greenbrier

May 4, 2023 | Freight

Greenbrier Europe adopts telematics from Amsted Digital Solutions

The system will improve shipment tracking and wagon maintenance.

September 13, 2022 | Rolling stock

Rail industry set for growth in uncertain times

Despite the impact of the energy crisis, the war in Ukraine and the Covid-19 pandemic, the railway supply industry can expect growth, as Maria Leenen and Alexander Borchers* of SCI Verkehr explain, drawing on the findings of the consultancy’s global railway market study for 2022.

June 29, 2022 | Fleet

Wascosa unveils Network Rail wagon fleet

Leasing company is supplying 570 wagons for infrastructure maintenance.

August 26, 2019 | Freight

GB Railfreight receives new wagons from Greenbrier

GB Railfreight has taken delivery of an initial batch of 25 JNA-T open wagons, which are being manufactured by Greenbrier Europe in Romania.

July 29, 2019 | Financial

Greenbrier completes ARI manufacturing business acquisition

GREENBRIER completed its acquisition of the manufacturing business of American Railcar Industries (ARI) from ITE Management on July 26, largely along the terms of the $US 430m agreement announced in April.

April 29, 2019 | Fleet

PKP Cargo to develop Podkarpacie wagon factory

PKP Cargo signed a letter intent with the government-owned finance company Industrial Development Agency (ARP) on April 25 to begin the production of wagons in Podkarpacie in southeast Poland. Advanced talks are underway for Greenbrier subsidiary Wagony Świdnica to join the project and sign the letter of intent.

April 18, 2019 | Financial

Greenbrier to acquire manufacturing business of American Railcar Industries

GREENBRIER has entered into a $US 430m agreement to acquire the manufacturing business of American Railcar Industries (ARI) from ITE Management (ITE).

March 22, 2019 | Financial

Greenbrier second quarter earnings decline

FREIGHT wagon supplier Greenbrier announced its preliminary financial results for its fiscal second quarter, ending February 28, on March 22, and said it expects revenue of approximately $US 650m and unadjusted earning per share (EPS) of $US 0.07 to $US 0.09 per share.

October 26, 2018 | Middle East

Greenbrier and Saudi Railway Company to form Joint Venture

GREENBRIER and Saudi Railway Company (SAR) announced on October 26 that they have reached an agreement to form a joint venture (JV) to “execute railway projects and supply wagons for profitable growth of the Saudi freight rail market,” with a projected investment of Riyal 1bn ($US 266.6m).

August 9, 2018 | Rolling stock

Greenbrier buys majority stake in Turkish wagon manufacturer

GREENBRIER announced on August 8 it has acquired a 68% stake in Turkish freight wagon manufacturer Rayvag, expanding its European operations in an area it says offers a key connection between Asia and Europe.

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