Greenbrier lands new orders for 7,000 rail cars

May 21, 2014 | 07:08 PM | Frank Haflich

Tags  steel, demand, rail cars, tanker cars, energy-related market, Greenbrier Cos, new orders, Mexico U.S.

LOS ANGELES — Greenbrier Cos. has received new orders for a "broad range" of 7,000 rail cars that could result in a total requirement of roughly 120,000 tons of steel, according to industry sources.

Greenbrier said this week that the orders, received in April and May, are valued at over $700 million and bring Greenbrier’s total orders since the start of its fiscal year March 1 to 10,000 units, with a value of nearly $1 billion.....

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