Todd Maiden
Thursday, April 16, 2020
Idled production, layoffs continue at Greenbrier
Diminished railcar demand and COVID-19 headwinds force railcar maker to halt production and trim staff.
Diminished railcar demand and COVID-19 headwinds force railcar maker to halt production and trim staff.
Even with a better-than-expected fiscal second quarter, Greenbrier invokes several measures to protect its workers and the “viability of the enterprise.”
FreightCar America’s fourth-quarter results highlight the weakened railcar demand environment.