Earnings Calls: Q2 '24 Highlights (part 1)
RD a Compliance Fuel, SAF trigger happy, Stacking CFR + BC LCFS
Greenbrier (GBX)
“…We still see quite a bit of tank car demand, covered hopper car demand, auto demand…Some of the large buyers are back in the market for some fairly large interest at this point, we think those will materialize into orders…international demand is still strong. the fleet, if you look at the fleet of international intermodal wells, it's over 90% utilized at this point…”
-Brian Comstock (Americas EVP & President)
Union Pacific (UNP)
“…In addition, grain products business was favorable due to increased demand for renewable diesel, strong demand for ethanol and new business wins…Renewable diesel, I’ll start with that. That’s an emerging market. I’ve been really excited that the team has been out there growing origin points and destination points. It allows us to pitch and catch.”
-Kenny Rocker (EVP, Marketing & Sales)