Greenbrier Forms JV To Grow Owned Railcar Lease Fleet

The Greenbrier Companies, Inc. , a leading international supplier of equipment and services to global freight transportation markets,   announced plans to form GBX Leasing, a new leasing joint venture (JV) with The Longwood Group (“Longwood”) to develop an owned portfolio of leased railcars primarily to be built by Greenbrier. Longwood is a Chicago-based transportation equipment advisory and asset management firm. GBX Leasing will acquire approximately $200 million of newly-built and leased railcars per annum from Greenbrier

-via Press Release

This article was posted on: February 9, 2021