Greenbrier Responds to Trade Petition on Railway Tank Cars

Greenbrier Responds to Trade Petition on Railway Tank Cars

Greenbrier Responds to Trade Petition on Railway Tank Cars

PR Newswire

LAKE OSWEGO, Ore., Oct. 5, 2026

LAKE OSWEGO, Ore., Oct. 5, 2026 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) ("Greenbrier"), a leading international supplier of equipment and services to global freight transportation markets, strongly disagrees with allegations made in petitions filed by UTLX Manufacturing LLC (UTLX), a wholly owned subsidiary of Berkshire Hathaway, Inc., seeking antidumping and countervailing duties on certain railway tank cars and parts. Greenbrier will vigorously defend its record before the U.S. Department of Commerce and the U.S. International Trade Commission.

The petitions are not supported by the facts or the law. Greenbrier rejects the false suggestion that it abandoned U.S. tank car production or American workers. Greenbrier operates a purpose-built tank car manufacturing facility in Marmaduke, Arkansas, where American employees build tank cars today. In fact, the petition itself identifies Greenbrier as a U.S. producer and acknowledges Greenbrier's domestic tank car production in 2025.

Greenbrier's commitment to American manufacturing is broad. The company employs more than 2,000 skilled Americans in railcar manufacturing, component assembly, repair and maintenance at more than 20 facilities in 11 states. The petition's effort to portray Greenbrier's manufacturing operations as a retreat from the United States is disconnected from the facts. Since 2019, Greenbrier has invested more than $500 million in its Arkansas manufacturing operations, including Marmaduke and Paragould. These investments support American welders, machinists, electricians, engineers and suppliers across the United States.

Greenbrier also rejects allegations that its tank cars are unfairly priced or subsidized. Greenbrier competes on safety, quality, innovation, productivity and customer value. Its tank cars are built to rigorous U.S. Department of Transportation and Association of American Railroads (AAR) standards, everywhere they are manufactured, including our AAR-certified site in Arkansas. In fact, Greenbrier purchases tons of steel annually from U.S. foundries as the primary input into the tank cars that UTLX alleges to be dumped and subsidized.

Trade remedies should be based on a complete factual record, not a competitor's unsupported claims about Greenbrier's business, workforce or future intentions. Greenbrier will cooperate fully with Commerce and the Commission while advocating for its American employees, customers, shareholders and suppliers, as well as the efficiency and competitiveness of the North American rail network and the broader U.S. economy.

About Greenbrier

Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars in North America, Europe, and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America. Greenbrier owns a lease fleet of approximately 20,600 railcars that originate primarily from Greenbrier's manufacturing operations. Greenbrier offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. Learn more about Greenbrier at www.gbrx.com.

View original content:https://www.prnewswire.com/news-releases/greenbrier-responds-to-trade-petition-on-railway-tank-cars-302899098.html

SOURCE The Greenbrier Companies, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center