Rail manufacturers Wabtec and Greenbrier share plans to fight climate change
Wabtec shares its “30 by 30” strategy for combating climate change. Greenbrier plans to track its emissions and energy intensity in 2021.
Wabtec shares its “30 by 30” strategy for combating climate change. Greenbrier plans to track its emissions and energy intensity in 2021.
Even with a better-than-expected fiscal second quarter, Greenbrier invokes several measures to protect its workers and the “viability of the enterprise.”
With rail traffic lower year-over-year and PSR initiatives in full swing, it’s understandable that soft railcar demand attracted attention at an investor conference.
GBX management explains soft guidance and provides outlook for sequential earnings improvement.
A number of rail equipment lessors and manufacturers have been merging and consolidating in recent months as a way to leverage themselves against marketplace changes brought about by precision scheduled railroading. Meanwhile, industry observers are watching whether railcar utilization grow in 2019.