Yes, I think the mix is it's a better mix, we're starting to see a little bit more automotive product, as well as tank cars into the mix. Hello from sunny Southern California! Save my name, email, and website in this browser for the next time I comment. Thanks, Brian.
Despite the ongoing economic murkiness, our outlook in North America remains unchanged, with railcar deliveries to be at or near replacement levels for the next few years. The credit union is adding a risk and resilience solution from iluminr to its arsenal. Thank you for taking the questions. The conversion side is always lumpy. Never before has the need for critical information-sharing been greater. Wichita Art Museum. You may now go ahead. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. So I'll follow up with a kind of follow on question. Read the latest news and information for business continuity professionals. The conference has now concluded thank you for attending today's presentation. We do have a high volume of renewals in 2024 resulting from the portfolio we purchased in September of 2021. Backdrop aside, at the company level, we continue to take actions to create a stronger, more sustainable Greenbrier. And we continue to see healthy railcar inquiries and orders for a variety of rail car types. Do you mind just starting from the beginning there? NCQA Makes "Engine" Software Requirements Open-Source, Expanding Access to HEDIS Digital Content ; 2.24.2016 NEWS . Copyright 2023 The Business Continuity Institute (BCI) Company No. Could you talk specifically about the actions that you've already got completed and maybe quantify how much of that $50 million to $55 million you think you've already achieved? And lastly, the consistent improvement in our financial performance across economic cycles. Thank you. I think we saw improvement, both in North America and Europe in the quarter, North America has a disproportionate weighting there, just from a size perspective of both operations performed very well and improved sequentially. An executive from an emergencyplanning and incident response company discusses preparing for hurricanes and other natural disasters. The . And then I guess one more on the refurbishment side, net backlog has been kind of declining, are we reaching closer to like an end of like market cycle here where there's not as much activity on those that side of the conversions or whatever it's called just any color, there would be great? Rothstein Publishing 2023. Our next question will come from Justin Long with Stephens. I just want to understand how we should think about that given the build to revenue, kind of take follow through? Attend optional pre- and post-conference courses, plus much more. Right now what we're seeing in North America is pretty steady production coming out of where we're going to close out the fourth quarter. Greenbrier's global backlog was 23,400 units valued at $2.9 billion.
Conferences in New York City, USA 2023, 2024 - Clocate.com Thank you, Justin, for your phone. Choose from more than 50 educational sessions on Operational Resilience, Professional Development, Measurement, Metrics and Maturity, Case Studies, and more. So I think what you'll see is just a shift from some of the large conversions to some of the large tank car requalification programs. As highlighted during our investor day in April, one of Greenbrier strategic initiatives is a balanced approach to capital allocation.
2023 Continuity Insights Management Conference - Rothstein Hey, Justin, this is Justin. And second, can you remind us what the target is contingent on, do we have to be in a demand upcycle does it work at a you know at high replacement level or below replacement level demand because the recurring parts of the business should grow? Bring your team! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Group C Media, Inc.The Galleria, 2 Bridge Avenue, Suite 231Red Bank, NJ 07701. I just going to see if Mr. Comstock can handle it. And our team is preparing for another busy year in 2024. Have a Happy Independence week and be safe. This is an important component of our multiyear plan and is expected to result in the doubling of recurring revenues within the next five years. And as I briefly recap results for this quarter, I'll highlight some achievements towards these goals, with the important caveat that we do not expect our progress to be linear, and our strategic plan and targets contemplate a five-year time horizon. The main conference program concludes on Wednesday, April 27. Save my name, email, and website in this browser for the next time I comment. We use cookies to ensure you get the best experience on our website, BCI Summit - Conferences in New York City, USA 2023, 2024. Fusion Risk management, a leading provider of operational resilience, risk management, and business continuity software and services, today announced expanded functionality of its Dynamic Response capability as well as the , The thought of a new virus impacting businesses is probably the last thing anyone wants to hear after two years dealing with Covid-19. During Q3, we funded $54 million of debt from our nonrecourse leased railcar warehouse facility backed by 72 million of assets and have funded a total of about $120 million through the warehouse over the last two quarters. We are confident in our long term strategy as highlighted at our investor day, I believe the best is yet to come. They are traditionally in the market, but over the last couple of years due to COVID and other reasons. If you are able to get them renewed earlier, the market is pretty hot right now. Jan. Feb. Mar. Yes, there's undoubtedly, when you look at the traffic side of the equation, velocities improving a bit, there's a number of segments that are down because the number of segments in the rail industry that are still fairly robust. And sometimes the size of those orders are such that it would really skew our concentration. Thanks, Ken. Phishing, spear phishing, and social engineering are at the top of the chart as the most disruptive attack vectors, followed by malware and ransomware, according to the 2018 BCI Cyber , Bringing your employees back to the workplace safely in the midst of a crisis presents a number of office and employee challenges. Is Europe accretive to the overall manufacturing margin, or are those pretty even? Sorry, we've had a few technical difficulties. And I think on the outlook question, obviously, Lorie can correct and chime in as needed. Acronis has released How to Develop and Effective IT Disaster Recovery Plan, a new white paper that includes an 8-step process to ensure that your business doesnt suffer a major , The governments continuing thrust against corruption and its emphasis on regulatory compliance in the budget is welcome It was inevitable. And based on the backlog you have today, including the orders you've just received here in June, can you speak to your level of visibility to production in 2024 at this point? Large symbols - observed value of a data point removed in a fold. So I just want to understand what changed, was there something in there that that did change that led you to raise the outlook?
Program Announced for Continuity Insights' 2022 Management Conference So it's probably because every one of our field sales people was hurriedly calling in because I was complementing our sales -- can you still hear me? Learn More. Between the second and third quarter Greenbrier repurchased a total of 1.7 million shares for $49 million, of which 3 million was part of the prior authorization program. The energy and drive to do better for members is alive and well and I am confident the industrys best days are ahead of us. Registration is now open for the 2023 Continuity Insights Management Conferencethe ONLY industry conference designed for senior-level business continuity professionals. It was our pleasure to assemble a conference program to help you build the ultimate resilient organization. Email Bob Nakao, [emailprotected]. The broader economic background is somewhat mixed, with several factors creating economic crosscurrents. The conference comprises three days of comprehensive educational programming, numerous networking opportunities, including a review of the latest technologies and practices, additional certification, post-conference workshops, and much more. As business continuity professionals, this conference is the timely and important opportunity to share best practices, lessons learned, and effective strategies to ensure organizational resilience. Selling and administrative expenses at approximately $230 million to $235 million. While we are growing our own balance sheet lease fleet, it is still a fairly modest fleet. Thanks, and good morning. So I'm curious if you could talk about your view on this broader industry production as we move into year fiscal '24. So are you getting closer to the full ramp up on that production for the internal build versus external sales? Snowflake is making another generative AI push.
No, I think you hit it, Lorie. But they're definitely accretive to our margins. I can address the first part of that question for you, which is on the $50 billion to $55 billion of cost savings. I'm pleased to report that our Board increased our quarterly dividend by 11% to $0.30 per share yesterday. And now that most of the supply chain issues in Mexico and the U.S. are behind you fingers crossed. Your excitement at this event reaffirmedsomething Ive always known: our industry is hungry for opportunities to connect and grow. And there was a 10%, sequential step up in the ASP, how much of this was mixed versus other factors, because after the -- for the 7900, after Q3, I think the ASP goes back down to being 4% below 2Q. I'd like to publicly welcome Pat to our Board and look forward to working with Pat to get his perspectives on the freight rail market, as well as his insight into the U.S. Mexico activity. May 25, 2023 May 25, 2023 Group C Media, Inc. Acquires Continuity Insights Management Conference and ContinuityInsights.com FOR IMMEDIATE RELEASE Media Contact: Ted Coene Co-President, Group C Media tcoene@groupc.com 732-616-8483 www.groupc.com Red Bank, NJ - May 25, 2023 - Red Bank, NJ-based Group C Media, Inc. a June 30, 2023 by B. Dan Berger, Berger Leadership Blog. 3D SHOOT Search Results 43 Shoot(s) were found. I would say it's tremendous hard work and focus by the men and women in our manufacturing operations. Thanks and have a great day. And so I think you're seeing a combination of a better mix as well as continued uplift in pricing. Maybe to follow up on that last point you made Lorie. Is that market kind of just softening? And we're focused on ramping up production in Europe as well, it's not quite the same volume, as you would see here in North America. [Operator instructions] Our next question we have follow up from Matt Elkott or TD Cowen, you may now go ahead. So if I could just kind of follow on a little bit on Bascome's question there. As we finish 2023, we expect Q4 liquidity levels to remain strong as operating momentum and working capital efficiencies continued to improve. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Group C Media, Inc.The Galleria, 2 Bridge Avenue, Suite 231Red Bank, NJ 07701. You know, the returns are still very strong. And we're keeping an eye on having a very disciplined approach to how we're growing the fleet on the balance sheet. So it's going to be hard to for Europe to up in that. If you have an ad-blocker enabled you may be blocked from proceeding. Got it understood. An integral part of this strategy is to return capital to our shareholders through dividends and share repurchases. Just you know, do you think that is a growth opportunity, or at least an opportunity for stability in your business as we look out 6, 12, 18 months?
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