Greenbrier Secures $600 Million Railcar Orders Including Units for Saudi Arabia
The Greenbrier Companies, a leading international supplier of rail equipment and services, has secured orders for 3,400 new railcars valued at approximately $600 million, including an order for 780 railcars for Saudi Arabia Railways (SAR). The orders were received during Greenbrier’s fiscal fourth quarter ended August 31, 2026, and cover a range of railcar types and end markets. The 780-railcar order from SAR, the Saudi Arabian government-owned railway operator, includes tank cars for transporting phosphoric acid and molten sulfur, as well as intermodal railcars. The order marks Greenbrier’s first sale of intermodal units to SAR, expanding on a business relationship that began in 2015 with an earlier tank car order. The new railcars will support freight transportation capacity and railway infrastructure development in Saudi Arabia, particularly for the movement of bulk commodities and intermodal freight. The tank cars, manufactured using U.S. steel, were completed at Greenbrier’s North American manufacturing operations in Mexico and have begun shipping to SAR. The intermodal railcars incorporate Greenbrier’s specialized low-profile technology, designed to enable the double-stacking of freight containers while maintaining a lower center of gravity and improving freight transportation efficiency. Greenbrier pioneered double-stack intermodal railcar technology in the 1980s and has continued to develop specialized rail equipment for freight transportation markets worldwide. Brian Comstock, Executive Vice President and President, The Americas at Greenbrier, said the company is pleased to continue its partnership with SAR and support the development and upgrading of Saudi Arabia’s freight transportation infrastructure. He added that the SAR order demonstrates Greenbrier’s ability to provide specialized rail equipment tailored to customers’ operational requirements while expanding its proven railcar technology into international markets.