The Greenbrier Companies, Inc. announced that its subsidiary, Greenbrier Management Services LLC (GMS) has expanded its industry-leading railcar asset management business with the launch of a new Regulatory Services Group.
As a part of GMS, the new group offers regulatory, engineering, process consulting and advocacy support to the tank car and petrochemical rail shipper community, among other services. Petrochemical shippers and other tank car users are a customer base that Greenbrier has successfully served in recent years and are a rail user group that offers substantial growth in demand for discrete, unique and value-added asset management services.
The new group complements GMS’ existing service portfolio and customer base, and offers immediate financial contributions to Greenbrier. The Regulatory Services Group also fits seamlessly within Greenbrier’s integrated business model. It allows Greenbrier to deliver the most complete offering to customers in the railcar market. Tank car customers shipping chemicals, petrochemicals and other commodities will particularly benefit from Greenbrier’s added regulatory compliance capability. For example, a railcar built utilizing Greenbrier’s safer tank design can be financed through Greenbrier Leasing Company; managed by Greenbrier Management Services; operate in compliance with relevant regulations after consultation with the Regulatory Service Group; receive replacement wheels and parts from Greenbrier; and be professionally maintained and recertified through our GBW Railcar Services joint venture. This portfolio of products and services is available exclusively from Greenbrier to customers using all railcar types. It is scalable and adaptable to meet the host of requirements encountered by railcar owners.
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