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Greenbrier disputes UTLX's claims of unfair trade practices in railway tank car production.

Market News
05 Oct 2026
PRNewsWire
View Source
Neutral
Greenbrier disputes UTLX's claims of unfair trade practices in railway tank car production.

Greenbrier Companies strongly rejects allegations by UTLX Manufacturing, a Berkshire Hathaway subsidiary, which filed petitions for antidumping and countervailing duties on certain railway tank cars and parts. Greenbrier asserts it continues to manufacture tank cars in the U.S., particularly at its facility in Arkansas, employing over 2,000 Americans across multiple states. The company highlights its $500 million investment since 2019 in U.S. manufacturing and denies any unfair pricing or subsidies, emphasizing compliance with strict safety and quality standards. Greenbrier will defend its position before U.S. trade authorities while supporting its workforce and the competitiveness of the North American rail industry.

Berkshire Hathaway Inc Class B shares are trading at USD 504.17 on Pluang as of Oct 06, 2026 08:01 WIB, showing a modest 0.30% increase for the day. The stock's market capitalization stands at $1.08 trillion, reflecting its significant presence in the financial sector. Despite the trade petition involving its subsidiary UTLX Manufacturing, the shares maintain steady volume with over 4.1 million traded on Pluang.

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