This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
4/10/2026
The Greenbrier Cos. Inc. this week released financial results for the second quarter of fiscal-year 2026, which ended Feb. 28. The company posted net earnings attributable to Greenbrier of $15 million, or 47 cents per diluted share, on revenue of $587.5 million, compared to Q2 2025 results of $52 million, or $1.56 per diluted share, on revenue of $762 million. In the quarter, Greenbrier obtained orders for 2,900 new units valued at $390 million and 3,800 units were delivered, resulting in a new rail-car backlog of 15,200 units with an estimated value of $2.1 billion and utilization rate of 98.5%, said Greenbrier officials.
Siemens Mobility on April 3 marked the opening of its new rail-car manufacturing and service center in Lexington, North Carolina. The $220 million facility features 10 buildings across 200 acres and employs more than 375 people, Siemens officials said in a press release. The first Amtrak Airo passenger-rail coaches are under production and on track for delivery in summer, they added. Once fully operational, the facility will be the first in North America to offer both coach and locomotive overhauls.
Wi-Tronix, a supplier of remote monitoring and AI-powered analytics systems for rail, has named R. J. Corman Railroad Group as its preferred field services partner for the planned installation of Wi-Tronix technology across more than 75 short lines in 32 states. The American Short Line and Regional Railroad Association, in conjunction with Wi-Tronix, in fiscal-year 2023-24 was awarded a federal grant to deploy the technology across ASLRRA member railroads, Wi-Tronix officials said in a press release. R. J. Corman crews will install a range of technology upgrades on locomotives.
Comet Industries has launched C-Suite, a connected technology system designed to modernize the way rail, industrial and intermodal operators monitor and manage their networks. The system combines Comet's intelligence platform, Cinq, and field-deployable hardware such as AEI sensor arrays, Cinq Edge. C-Suite aims to bridge the gap between wayside assets and centralized operations, said Comet officials in a press release.