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The Greenbrier Cos. Inc. reported $623.8 million in revenue for the second quarter of its fiscal-year 2020, a decrease of $125.6 million from the prior fiscal quarter due to fewer deliveries. Adjusted net earnings were $15.3 million, or $0.46 per diluted share, excluding $1.7 million of integration related expenses from the American Railcar Industries acquisition. Greenbrier also received 8,500 rail car orders, valued at over $185 million, in the second quarter of FY2020.
The Govia joint venture has obtained an 18-month government contract to continue operating the Southeastern railway network in England. Govia — a joint venture between Keolis and Go-Ahead Group — has operated the high-speed rail route since 2006.
Hub Group appointed Dario Skocir executive vice president and president of Hub Group Trucking. Skocir previously served as senior VP of field operations at US Foods and in various operations management positions at UPS.