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PR Newswire·

Greenbrier Announces 3,400 Railcar Orders Valued at $600 Million in Fiscal Fourth Quarter

  • Greenbrier received orders for 3,400 new railcars with an aggregate value of approximately $600 million during its fiscal fourth quarter ended August 31, 2026.
  • The order package includes 780 units for the Saudi Arabian government-owned Saudi Railway Company (SAR).
  • The SAR order consists of tank cars designed for transporting phosphoric acid & molten sulfur, as well as intermodal units.
  • This agreement marks Greenbrier's first sale of intermodal units to SAR, expanding a partnership that began with a 2015 tank car order.
  • Tank cars constructed from U.S. steel were manufactured at Greenbrier's North American facilities in Mexico & have begun shipping to SAR.
  • The specialized intermodal units utilize double-stack technology to maximize freight efficiency while maintaining a lower center of gravity.
  • The railcars are intended to support freight transportation capacity & infrastructure development in Saudi Arabia.
  • Brian Comstock, Executive Vice President & President of The Americas, stated the orders demonstrate global demand & reinforce Greenbrier's foundation entering fiscal 2027.