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Greenbrier completes formation of GBX Leasing

Greenbrier completes formation of GBX Leasing
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CUNY Names Dr Patricia Ramsey as Sixth President of Medgar Evers College

CUNY Names Dr Patricia Ramsey as Sixth President of Medgar Evers College
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After contentious debate, Senate panel amends then advances measure to replace Maryland s police Bill of Rights

A Maryland Senate committee signed off on legislation aimed at repealing the state’s controversial Law Enforcement Officers’ Bill of Rights late Friday after several days of contentious arguments over how to craft a disciplinary process for police officers to replace the law.

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Greenbrier, Longwood to Form Leasing JV

Greenbrier, Longwood to Form Leasing JV Written by Marybeth Luczak, Executive Editor The GBX Leasing joint venture will “develop an owned portfolio of leased railcars primarily to be built by Greenbrier,” according to Greenbrier and Longwood. The Greenbrier Companies and The Longwood Group are teaming on a railcar leasing joint venture, they reported Feb. 5. GBX Leasing will “develop an owned portfolio of leased railcars primarily to be built by Greenbrier,” according to the companies. Its formation is “subject to completion of final documentation,” but origination and funding is slated for the first calendar quarter of 2021, they said. Greenbrier will own about 95% of GBX Leasing with the balance held by Longwood, a Chicago-based transportation equipment advisory and asset management firm.

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Greenbrier forms JV to grow owned railcar lease fleet; extends commercial platform

Greenbrier forms JV to grow owned railcar lease fleet; extends commercial platform New joint venture to own growing portfolio of leased railcars; complements existing go-to-market strategy Investment goal is to create stable, tax-advantaged cash flows & ROE Railcar leasing veteran D. Stephen Menzies to invest in joint venture and serve as Chairman & CEO News provided by Share this article Share this article LAKE OSWEGO, Ore., Feb. 5, 2021 /PRNewswire/ The Greenbrier Companies, Inc. (NYSE: GBX) ( Greenbrier ), a leading international supplier of equipment and services to global freight transportation markets, today 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.

United statesLake oswegoWilliama furmanGreenbrier companies incGe capitalLongwood groupTrinity industriesGulf cooperation councilGreenbrier companiesCoronavirus aidEconomic securityChairman williamSenior vice presidentGroup presidentNorth americanTransport capital