Perspectives & Updates
Want to get a better sense of what’s happening at Greenbrier?
Barge launches, conference highlights, trade shows, white papers, community activities, industry commentary, awards and recognition, or employee profiles, it’s all here at Perspectives & Updates.
Additionally, our annual company review video is available on our financial information page for those wishing to get a high-level overview of our recent performance.
Rail Car Hire: The Basics
A crucial, but poorly understood, aspect of Greenbrier's railcar management capabilities is our car hire processing business. Car hire occurs when an equipment owner “rents” out a railcar to be used by railroads, and the railroads then compensate the equipment owner based on factors such as time and mileage. This is an old practice dating back to the beginning of the railroad industry and has allowed railroads to make the most efficient use of capital equipment as it travels around the continent.
Mon, Jul 11 2016 8:20AM PST
Freight Rail Industry in Middle East Gulf Countries Poised for Growth
In the same way the United States’ economy has benefited from the expansion of the rail network, the Gulf Cooperation Council (GCC) countries plan to broaden their economies by building a connected rail network over the next several years. Comprised of Saudi Arabia, United Arab Emirates, Kuwait, Oman, Bahrain, and Qatar, the GCC is expected to add approximately 5,000 miles of track to the existing network, a 500% increase in capacity.
Fri, June 24 2016 1:00PM PST
The Automotive Railcar Market: An Introduction
In 2015 auto producers sold a record 17.5 million cars and light trucks in the U.S, a 5.7% increase over 2014. The surge in demand was a result of both lower gas prices and a steadily improving economy from the 2008 recession. Barring an unforeseen recession or geopolitical shock to global oil markets, these trends should continue to be a tailwind for the North American auto industry. Strong auto sales are good news for the rail industry since auto manufacturers use rail to move parts to their plants and to deliver finished vehicles to market.
Thu, Apr 07 2016 9:00AM PST
Video: Greenbrier Launches Second Articulated Kirby Barge
On January 23rd, 2016, we launched our second articulated Kirby barge at our flagship manufacturing plant, Gunderson, in Portland, Oregon. A little rain didn't deter crowds from coming out to see this impressive barge, measuring more than one and a half football fields long and one of the largest ever built in Greenbrier's history.
Tue, Mar 8 2016 9:06AM PST
U.S. Legislative Update for the Freight Rail Industry: FAST Act & 2016 Omnibus Appropriations
For the first time three years, Congress passed a funding and authorization bill to govern United States federal surface transportation spending. In December, the FAST Act (“Fixing America’s Surface Transportation Act”) passed and was signed followed immediately by the Fiscal Year 2016 Omnibus Appropriations Bill later in the month. Both pieces of legislation have important implications for the freight rail industry. Here’s our analysis.
Wed, Feb 3 2016 12:01PM PST
The Basics of Railcar Cleaning & Re-Lining
Like the cars, SUVs and trucks we drive, freight railcars periodically need basic maintenance to operate safely and efficiently. At GBW Railcar Services, we offer a multitude of maintenance and repair services to keep railcars in good working order.
Tue, Dec 29 2015 8:00AM PST