Herzog Inc. Chief Commercial Officer James Hansen was elected NRC chairman.Photo – NRC
The Greenbrier Companies Inc. reported $7.7 million, or 23 cents per diluted share, on revenue of $769.4 million in its first fiscal quarter, which ended Nov. 30, 2019. Quarterly results include $2.2 million of integration-related expenses from the American Railcar Industries acquisition. Greenbrier also received 4,500 rail car orders during the quarter, valued at $450 million. Based on current business trends and production schedules for fiscal-year 2020, company officials said in a press release that revenue will total about $3.5 billion and the company will deliver between 26,000 and 28,000 cars.
Cubic Transportation Systems and Moovit have entered into a definitive agreement to co-develop mobile solutions for public transit agencies. The partnership will allow integration of Moovit’s MaaS application programming interfaces with Cubic’s Traveler application to enable mobile ticketing, service alerts, multimodal trip planning and real-time arrival information in a single platform.
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