advertisement

---

Officials at The Greenbrier Cos. Inc. hope the second quarter was a harbinger of things to come.



After receiving 1,500 orders and completing 700 deliveries during the quarter, the rail-car manufacturer announced July 9 that its backlog as of May 31 stood at 2,700 units valued at $140 million — a $40 million valuation increase compared with a Feb. 28 backlog of 1,900 units.



"The company experienced growth in its quarterly backlog for the first time in nearly two years," said Greenbrier President and Chief Executive Officer William Furman in a prepared statement, adding that markets in North America and Europe were showing signs of improvement.