LOS ANGELES Rail car
deliveries by Greenbrier Cos. will fall approximately 20
percent in the companys current fiscal year.
The Lake Oswego, Ore.-based rail
car and barge builder said it expects to deliver about 13,000
units in the 12 months ending Aug. 31, compared with 15,000
deliveries in fiscal 2012.
However, Greenbrier said its
total fiscal 2013 revenue will be similar to the previous year
with a "more favorable" product mix and higher average selling
Greenbriers new rail car
backlog was 9,700 units at the close of its fiscal first
quarter ended Nov. 30, with an estimated value of $1.11 billion
and average unit sales of $114,000. This compares with 10,700
units at the end of its previous fiscal quarter, with an
estimated value of $1.2 billion at an average selling price of
$112,000 per unit.
Greenbriers marine revenue
should be stronger this year, according to Mark Rittenbaum,
executive vice president and chief financial officer, who also
noted that the company is ramping up production of both tank
and intermodal cars.