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04 Feb
18:37

Greenbrier sees broad recovery in railcar market

Freight transportation equipment provider Greenbrier says the variety of new railcar orders it is receiving shows a resurgence in the North American freight railcar market. In the freight transportation equipment provider’s first fiscal quarter ended 30 November, 2021, it received orders for 6,300 new railcars valued at $685 million, pushing its backlog to 28,000 units with a value of $3 billion. Orders during December and January reached $345m for 2,900 new…
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