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RAIL EMPLOYMENT & NOTICES



Rail News Home Railroading Supplier Spotlight

4/9/2025



Rail News: Railroading Supplier Spotlight

Supplier news from Greenbrier and Kearney (April 9)


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The Greenbrier Cos. reported financial results for its second-quarter 2025, which ended Feb. 28. The company posted net earnings of $52 million, or $1.56 per diluted share, on revenue of $762 million in the quarter, compared to $33 million in net earnings, or $1.03 per diluted share, on revenue of $863 million in Q2 2024. During Q2 2025, Greenbrier reported lease fleet utilization of 98%. It ordered 3,100 fleet units, valued at $400 million; 5,500 units were delivered, resulting in a new rail-car backlog of 20,400 units with an estimated value of $2.6 billion.

The Kearney Cos. Inc., a subsidiary of Precision Terminal Logistics (PTL), now offers specialized transportation and logistics solutions. The new services include freight-rail management and rail logistics support, commodity warehousing, bulk and break-bulk truck/rail transloading, as well as truck and barge services. Kearney will extend the new services to PTL customers at independent rail/truck transload terminals operated by PTL, according to a company press release.