President, Chief Executive Officer & Director, Greenbrier Cos The
Search every verified Lorie Tekorius interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Lorie Tekorius, President and CEO of The Greenbrier Companies, has been discussing the company's financial performance and industry conditions in several media appearances and earnings calls. In September 2024, she noted that the company had recently reported its highest earnings per share in over four and a half years, with consolidated gross margins in the mid-teens. She attributed the company's share performance to the leadership team's focus on its footprint, facility investments, and improving manufacturing and aggregate gross margins. Tekorius also stated that the company is working toward goals of doubling recurring revenue and increasing return on invested capital. Tekorius has also commented on trade and border issues affecting the rail industry. She described unannounced closures of rail crossings at the U.S.-Mexico border as a critical economic issue, stating that Mexico is the U.S.'s number one trade partner and that the closures disrupt commerce. She said she hopes policymakers can find a way to address the migration issue while maintaining cross-border trade. In other remarks, Tekorius noted that the rail industry is seeing a focus on infrastructure investment from both sides of the aisle, and that companies are shifting manufacturing to northern Mexico as part of a near-shoring trend following COVID-19 supply chain issues. She also discussed the company's involvement in Rail Pulse, an initiative to aggregate freight network information, and described technology and AI as evolving areas for the industry.
“The Greenbrier Companies is one of the world's largest builders of freight rail cars. We also lease and maintain rail cars with operations across the United States, Mexico, Poland, Romania, and Brazil, making us a huge freight rail car provider globally.”
“We're celebrating the 40th anniversary of pioneering the intermodal rail car, which is driven by consumer spending and demand. This innovation allows containers to be stacked two on top of each other going down the rail.”
“We've recently invented a high strength steel gondola which supports infrastructure building and a MultiMax Plus rail car that transports both light and heavier duty vehicles. There's a lot of innovation going on that I've seen over my 29 years with Greenbrier.”
“Seventy-five percent of the cars in North America move via rail. People often don't think about where the products they buy come from, but many have been transported by rail at some point.”
“Just a few weeks ago, we posted our third quarter earnings with record EPS based on the last four and a half years. I'm proud to represent our 14,000 employees who are all working hard to double our recurring revenue, increase our return on invested capital, and maintain solid manufacturing gross margins in the mid-tee...”
“We're pioneers in Intermodal rail cars where you have double stack rail cars for containers, and we've expanded internationally to Mexico, Poland, Romania, and Brazil, which has been an amazing ride.”
“One of the biggest challenges quarter to quarter is trying to get a hold of the global economy or the logistics changes you can make in the operation to squeeze out more efficiency.”
“Most products we buy, whether at HomeGoods or grocery stores, have spent some part of their life in a rail car, either as base ingredients or finished products to get to where we can all buy them.”
“We have production down in Mexico and move things back and forth; North America is an amazing trading block with an integrated railroad system, so we have to be flexible and ready to respond to tariffs or other changes.”
“There is a lot of strength in the North American market that is underappreciated, and rail is an environmentally friendly way to move bulk products across the country.”
“We're growing our leasing portfolio in the North American market to take some of the volatility out of manufacturing, which can be cyclical, by generating repeatable revenues and strong cash flow.”
“While we didn't meet Street expectations on revenue, our margin performance was strong and we had record EPS based on the last four and a half years, showing our focus on generating shareholder value day in and day out.”
“Technology and AI are evolving in the rail industry; we're participants in Rail Pulse, which pulls together information across the freight network to help shippers know better where their products are and how they're going to get there.”
“Anything that helps the economy, helps consumers, that benefits the railroad because so much of what you and I buy at the stores or on the internet some way, shape or form it's been moved in a rail car.”
“We're hearing it on all sides of the aisle is the focus on investing on infrastructure and where we need upgrades around the country.”
Lorie Tekorius, CEO of The Greenbrier Companies, discusses the rail industry's evolution since Greenbrier's IPO 30 years ago ...
Greenbrier (GBX) designs, manufactures, and markets freight car equipment, Lorie Tekorius, CEO of The Greenbrier Companies ...
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04/05/2024 Q&A: 21:38 The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in ...
Greenbrier CEO Lorie Tekorius joins 'The Exchange' to discuss the company's manufacturing operations, southern border issues, ...
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