The Greenbrier Companies, Inc. announced on September 22, 2026, that it received orders for 3,400 new railcars with an aggregate value of approximately $600 million during its fiscal fourth quarter ended August 31, 2026.
The orders span a range of railcar types and end markets. A significant portion of the total, 780 railcars, was placed by the Saudi Railway Company (SAR). This order includes tank cars for transporting phosphoric acid and molten sulfur, as well as intermodal units. This marks Greenbrier's first sale of intermodal units to SAR, expanding a customer relationship that began with a 2015 tank car order.
The tank cars were constructed from U.S. steel at Greenbrier's North American manufacturing operations in Mexico and have begun shipping to SAR. Greenbrier pioneered double-stack intermodal railcar technology in the 1980s, utilizing specialized, low-profile railcars designed to maximize freight efficiency.
Brian Comstock, Executive Vice President and President of The Americas, stated that the orders demonstrate global customer demand for the company's products and the value of its commercial and engineering capabilities. He noted that the SAR award is an example of the company's ability to deliver specialized equipment tailored to customer needs and that the orders reinforce the business's reach and provide a foundation for fiscal 2027.
