Latest news with #Greenbrier
Yahoo
2 days ago
- Automotive
- Yahoo
Elevating rail safety standards with state-of-the-art training
Rail is one of the safest options in the transportation industry, and Greenbrier continues to advance that operational safety through innovation. The company's latest initiative—the GBX Training Tank Car—represents a significant advancement in tank car education. Built from an actual tank car, this mobile classroom delivers hands-on safety instruction and technical training. 'Rail safety is a core value at Greenbrier and this new training tank car is another example of how we lead the industry,' said Tom Jackson, Greenbrier Vice President of Marketing and General Manager. Set to launch on August 1, this mobile training platform will be available at select Greenbrier Maintenance Center locations nationwide and at industry events, addressing a persistent challenge in the rail sector: providing consistent, accessible education. Due largely to the complexity and variety of tank cars on the market, companies operating in the rail industry often struggle to offer comprehensive, hands-on training across different locations. This can lead to knowledge gaps and reliance on expensive and inefficient off-site training options that vary in quality. The GBX Training Tank Car addresses the inefficiencies by providing instruction at centralized locations, reducing operational disruptions for participants without sacrificing quality. During training, all instruction is delivered by Greenbrier's experienced safety specialists, ensuring consistent, expert-level education. Additionally, the GBX Training Tank Car provides exposure to equipment that teams might otherwise rarely encounter in training settings. 'Our mobile classroom is a proactive investment, offering interactive training, regulatory guidance and hands-on demos for shippers, repair crews and owners,' explains Jeff Bobst, Greenbrier Senior Manager of Program Management and Field Services. The initiative supports key stakeholders across the rail ecosystem, including operators, leasing companies, safety and compliance teams, maintenance crews, technical trainers and customers who rely on tank cars. The GBX Training Tank Car incorporates multiple educational components engineered for maximum instructional efficacy. For example, the exterior features an elevated rooftop platform with safety railings that facilitate comprehensive viewing of all primary top fitting package types—critical components for proper operation and maintenance protocols. A strategically positioned jacket cut-out window provides visualization of insulation systems, heating coils and thermal protection mechanisms that remain concealed during standard inspection procedures. The interior transforms into a climate-controlled classroom, enabling year-round use and accommodating up to 15 participants. In addition, interactive display racks showcase a variety of tank car valves and gauging devices, providing a tactile experience with components regularly encountered in field operations. Training safety protocols are demonstrated through practical features, including an interior roof ladder with an access hatch, which illustrates proper access procedures and regulatory compliance requirements. 'Shippers, responders and operators are essential to the future of rail safety—and empowering them with critical knowledge keeps pace with the growing complexity of the freight industry,' said Diana Aylward, Greenbrier Vice President of Asset Management and Regulatory Services. The GBX Training Tank Car reflects Greenbrier's forward-thinking approach to the growing complexity of rail freight operations and the evolving industry knowledge demands that come with it. This initiative positions Greenbrier at the forefront of rail safety innovation—not by reacting to industry changes, but by anticipating them and addressing challenges head-on. The program also supports environmental sustainability by optimizing tank car operations and maintenance. Through comprehensive training, it enhances operational efficiency and supports broader environmental goals—a growing priority across the rail industry. Greenbrier's training tank car initiative demonstrates a substantial investment in advancing rail safety, helping build a more technically proficient workforce through accessible, hands-on education delivered directly to operational personnel. The mobile classroom concept removes traditional barriers to specialized training while maintaining consistent educational standards. By addressing both immediate operational needs and long-term industry challenges, the GBX Training Tank Car exemplifies Greenbrier's commitment to safety leadership and technological innovation. For more information about the GBX Training Tank Car , visit The post Elevating rail safety standards with state-of-the-art training appeared first on FreightWaves.
Yahoo
23-05-2025
- Business
- Yahoo
Baun joins railcar builder Greenbrier as chief commercial officer
The Greenbrier Cos. announced that Ted Baun has joined its North American Commercial Team as senior vice president. Baun will become chief commercial officer in January 2026, succeeding Tim Schitter, who will retire at year-end. Most recently, Baun served as CCO for PNW Railcars, overseeing its tank and freight railcar fleet, and directing efforts to maximize new railcar leases and renewals. Prior to that, Baun spent 23 years at FreightCar America and its predecessor, Johnstown America, including 11 years as chief commercial officer. Baun reports to Brian Comstock, executive vice president and president, The Americas, for Greenbrier (NYSE: GBX), based in Lake Oswego, to FreightWaves' Rail e-newsletter and get the latest insights on rail freight right in your inbox. Find more articles by Stuart Chirls here. Norfolk Southern expands short line interchange improvement program Rail agenda steams up as short lines blitz Congress Coal extends surprising lead in weekly US rail traffic J.B. Hunt and Eastern and Canadian railways see steady intermodal volume The post Baun joins railcar builder Greenbrier as chief commercial officer appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
1 Safe-and-Steady Stock to Own for Decades and 2 to Think Twice About
A stock with low volatility can be reassuring, but it doesn't always mean strong long-term performance. Investors who prioritize stability may miss out on higher-reward opportunities elsewhere. Luckily for you, StockStory helps you navigate which companies are truly worth holding. Keeping that in mind, here is one low-volatility stock that could offer consistent gains and two that may not deliver the returns you need. Rolling One-Year Beta: 0.67 Having designed the industry's first double-decker railcar in the 1980s, Greenbrier (NYSE:GBX) supplies the freight rail transportation industry with railcars and related services. Why Are We Out on GBX? Customers postponed purchases of its products and services this cycle as its revenue declined by 1.7% annually over the last two years Gross margin of 13.3% is below its competitors, leaving less money to invest in areas like marketing and R&D Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 12 percentage points At $44.84 per share, Greenbrier trades at 6.6x forward EV-to-EBITDA. Read our free research report to see why you should think twice about including GBX in your portfolio, it's free. Rolling One-Year Beta: 0.07 With roots dating back to 1887 and a transformative merger in 1989 that gave the company its current name, Bristol-Myers Squibb (NYSE:BMY) discovers, develops, and markets prescription medications for serious diseases including cancer, blood disorders, immunological conditions, and cardiovascular diseases. Why Are We Wary of BMY? Annual sales growth of 1.9% over the last two years lagged behind its healthcare peers as its large revenue base made it difficult to generate incremental demand Sales are projected to tank by 4.4% over the next 12 months as demand evaporates Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions Bristol-Myers Squibb's stock price of $46.90 implies a valuation ratio of 7.1x forward P/E. To fully understand why you should be careful with BMY, check out our full research report (it's free). Rolling One-Year Beta: 0.48 With locations often featuring Western-inspired decor, Texas Roadhouse (NASDAQ:TXRH) is an American restaurant chain specializing in Southern-style cuisine and steaks. Why Will TXRH Outperform? Aggressive strategy of rolling out new restaurants to gobble up whitespace is prudent given its same-store sales growth Same-store sales growth over the past two years shows it's successfully drawing diners into its restaurants Stellar returns on capital showcase management's ability to surface highly profitable business ventures, and its rising returns show it's making even more lucrative bets Texas Roadhouse is trading at $186.54 per share, or 26.4x forward P/E. Is now the right time to buy? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free.
Malaysian Reserve
21-05-2025
- Automotive
- Malaysian Reserve
Greenbrier Announces Ted Baun as Next Chief Commercial Officer
Joins Greenbrier with 30 years of rail industry experience Assumes Chief Commercial Officer role in January 2026 LAKE OSWEGO, Ore., May 21, 2025 /PRNewswire/ — The Greenbrier Companies, Inc. (NYSE: GBX) (Greenbrier), a leading international supplier of equipment and services to global freight transportation markets, announced today that Ted Baun has joined Greenbrier's North American Commercial Team as Senior Vice President (SVP). He will become Chief Commercial Officer in January 2026, succeeding Tim Schitter, who will retire at year-end. Baun brings more than 30 years of experience in the rail industry to Greenbrier. Most recently, he served as the Chief Commercial Officer for PNW Railcars, overseeing its tank and freight railcar fleet and directing efforts to maximize new railcar leases and renewals. Before joining PNW, he spent 23 years at FreightCar America (FCA) and its predecessor, Johnstown America, including 11 years as Chief Commercial Officer. At FCA, Baun managed production planning, scheduling, pricing and commercial activities. He also held a senior sales role at Mitsui Rail Capital, LLC from 2003 through 2005. Brian Comstock, Executive Vice President and President, The Americas, stated, 'We are excited to welcome Ted to Greenbrier's leadership team. His deep railcar manufacturing and leasing expertise make him an ideal fit for the Chief Commercial Officer position. Ted's business acumen, industry knowledge and commercial experience are invaluable as we continue to enhance our offerings, invest in our lease fleet, and boost customer experience. I would also like to express my sincere gratitude to Tim for his unwavering dedication and numerous achievements during his 11 years at Greenbrier. We wish him all the best in retirement.' 'I am honored to join Greenbrier and help expand its leadership in railroad transportation products and services. Greenbrier enjoys a rich heritage of innovation and exceptional customer experience. I am eager to lead the best team in our industry, driving impactful initiatives that deliver significant value to our customers. Together, we will build on Greenbrier's legacy and explore new avenues for growth and excellence,' Baun said. About Greenbrier Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America. Greenbrier owns a lease fleet of approximately 16,600 railcars that originate primarily from Greenbrier's manufacturing operations. Greenbrier offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. Learn more about Greenbrier at Forward-Looking Statements This press release may contain forward-looking statements, including statements that are not purely statements of historical fact. Greenbrier uses words, and variations of words, such as 'continue,' 'drive,' 'leading,' and similar expressions to identify forward-looking statements. These forward-looking statements include, without limitation, statements about our guidance and outlook, backlog and other orders, leasing performance, leasing strategy, financing, cash flow, tax treatment, and other information regarding future performance and strategies and appear throughout this press release. These forward-looking statements are not guarantees of future performance and are subject to certain risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements. Factors that might cause such a difference include, but are not limited to, the following: an economic downturn and economic uncertainty; changes to tariffs or import duties, including retaliatory tariffs; changes in macroeconomic policies; inflation (including rising energy prices, interest rates, wages and other escalators) and policy reactions thereto (including actions by central banks); disruptions in the supply of materials and components used in the production of our products; labor disputes; loss of market share to other modes of freight shipment; and the war in Ukraine and related events. Our backlog of railcar units and other orders not included in backlog are not necessarily indicative of future results of operations. Certain orders in backlog are subject to customary documentation which may not occur. More information on potential factors that could cause our results to differ from our forward-looking statements is included in the Company's filings with the SEC, including in the 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections of the Company's most recently filed periodic report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Except as otherwise required by law, the Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date hereof.
Daily Mail
17-05-2025
- Daily Mail
'Secret' East Coast beach known for its dreamy white sand to require reservations days in advance
Travelers planning to spend a day at Maryland 's 'Secret Beach' will soon have to make reservations in advance. The Maryland Park Service is launching a new Day-Use Reservation System at Greenbrier State Park. The reservation requirement will take effect on May 24, and all visitors will have the chance to reserve day-use passes starting seven days before their visit. Guests will be able to edit or cancel their reservations until 8.00am the day before they arrive at the park. Greenbrier State Park's 42-acre lake and white sandy beach attract 500,000 visitors annually. With this system, the goal is to reduce overcrowding, shrink park entrance traffic, and decrease the chances of the area reaching full capacity. 'By allowing visitors to plan ahead, we're helping families make the most of their time outdoors — with less stress and more confidence that they'll have a great day in our state parks,' said Maryland Park Service Director Angela Crenshaw. The system will also launch for Sandy Point State Park on May 19 and expand to other Maryland parks later this year. Parkgoers will be required to make their reservations on the Maryland State Parks website. Once upcoming guests fill out the necessary information, they will need to pay at the time of their reservation. Greenbrier visitors are required to pay $3 per vehicle for a day pass for any day of the week. However, the price will increase to $5 per visitors on Saturdays and Sundays starting Memorial Day weekend. Visitors who aren't from Maryland will be required to pay an addition $2. Discounts can be applied to Maryland Park Pass holders, veterans and individuals with disabilities. Staff members may also adjust prices depending on the number of parkgoers per vehicle. Guests will be required to show a QR code at arrival when checking in with park employees. The goal is to reduce overcrowding, shrink park entrance traffic, and decrease the chances of the area reaching full capacity It comes after Maryland state parks experienced a significant boost in visitors. The parks with the most visitor growth feature public swimming access. Before the COVID-19 pandemic, around 10.8 million travelers visited the state parks every year from 2010 to 2019. Now, visitation for all Maryland parks is clocking in at an average of 18.7 million per year. This growth has caused increased traffic jams, and left some hopeful visitors disappointed when they have been turned away by park employees due to overcrowding. If the new reservation system works as planned, each attraction will be 'more welcoming and accessible to all,' said Crenshaw. The system launch date for places like Point Lookout, Newtowne Neck, and North Point State Parks will be announced in the next few weeks.
