Greenbrier gets $200M order

Portland Business Journal:

The Greenbrier Cos. Inc. on Monday announced an order for 3,000 railcars valued at roughly $200 million, but the company also warned that it expects to post a surprise fourth-quarter loss.

The order, for 2,250 double-stack intermodal platforms, 500 covered hopper cars and 250 other cars, will be delivered this year and next. It augments an order announced on Aug. 25 to build 1,700 new railcars and refurbish 1,100 existing railcars.

Read the full article here. Discuss below.