Written by: Ben Vient, Managing Editor The Greenbrier Companies announced Sept. 8, 2016 that its subsidiary, Greenbrier Management Services LLC (GMS) has expanded its railcar asset management business with the launch of a new Regulatory Services Group led by James H. Rader, Vice President of Regulatory Services. Rader’s four decades of railroad industry experience includes service at two Class I railroads, the Federal Railroad Administration and the Association of American Railroads. He worked most recently for Watco Companies, a 50/50 partner with Greenbrier in the GBW Railcar Services railcar repair joint venture. Currently, Rader serves on the board of the Mechanical Association Railcar Technical Services (MARTS) and recently represented shor tline railroads on the AAR Tank Car Committee, where he chaired major subcommittees. He is also a regular contributor at the FRA Railroad Safety Advisory Committee (RSAC). “Watco thanks our Compliance Service team for a job well done and wish them well in their new role with our good partner, Greenbrier,” said Eric Wolfe, head of Watco Supply Chain Services. “Most importantly, we believe this is a good outcome for our team and our mutual Customers and Customers at GBW.” Dan Weiler, Senior Vice President, Asset Management, Greenbrier Leasing Company and head of GMS said, “Expert people paired with proprietary technology are at the core of what we do at GMS. Our new Regulatory Services Group, with decades of expertise in railroad-related compliance, offers great synergies with the industry-leading fleet management group along with the advanced software systems we have built at GMS. It will produce further opportunities to collaborate across Greenbrier’s integrated businesses,"Weiler continued, “Jim Rader is one of the most respected people in his field. With the addition of Jim’s team, Greenbrier now offers the industry’s most comprehensive railcar asset management platform with a broad range of service capabilities to all constituencies in the rail freight business.” “My team and I are thrilled to join GMS, an established and trusted rail asset manager,” Rader said. “Greenbrier has a successful history of advancing enhanced safety, maintenance and compliance practices for rail assets. We look forward to offering best-in-class compliance services and domain support to rolling stock owners who require comprehensive and advanced asset management solutions, working with other colleagues across Greenbrier on exciting new opportunities.” Continue reading...
