25 Under 40: Part 3 of 4
RAILWAY AGE, FEBRUARY 2024 ISSUE: Railway Age is proud to recognize 25 ‘Fast Trackers’ Under 40 in 2024.
Wabtec Corporation
Wabtec Wins $157MM Siemens Brake Order
Wabtec Corporation on Jan. 24 reporting landing a $157 million brake system order from the Mobility Business of Siemens India Private Limited for Indian Railways’ (IR) new line of 1,200 electric locomotives for freight service.
Wabtec Releases 2023 Sustainability Report
Wabtec Corporation on Nov. 6 released its 2023 Sustainability Report highlighting the company’s “vision and progress on key environmental, social and governance (ESG) commitments.”
Supply Side: Wabtec, FourKites
Wabtec Corporation is supplying brakes and couplers for 640 MTA New York City Transit (NYCT) R211s on order with Kawasaki Rail Car Inc. Also, supply chain visibility provider FourKites updates its AI-enabled Slot Manager system.
Supply Side: Blume Global, Rio Tinto IOC, Wabtec
Canadian Pacific Kansas City (CPKC) will use Blume Global’s asset management system to foster intermodal traffic growth. Also, Rio Tinto’s Iron Ore Company of Canada (Rio Tinto IOC) is donating C$4 million to a Quebec college for a new training, research and innovation pavilion for the rail, industrial maintenance and energy intelligence industries; and Penn State names Wabtec Corporation as its 2023 Corporate Partner of the Year.
Wabtec Modernizing 60 Additional CN Locomotives
CN on July 26 announced an order to enhance an additional 60 locomotives in its existing fleet through Wabtec’s modernization program, supporting the Class I railroad’s “commitment to drive growth in a sustainable manner and build success for customers, employees and communities.”
Wabtec Lands FLXdrive Order, Alternative Fuel Testing Partnership With Vale
Wabtec Corporation is supplying three FLXdrive battery locomotives to global mining company Vale, and the two companies are teaming to test ammonia as an alternative fuel replacing diesel, they reported July 13.
Wabtec Signs Agreements With CBH Group, Politecnico di Torino
Wabtec Corporation has landed a narrow-guage locomotive order from Australian cooperative CBH Group and is teaming with Politecnico di Torino in Italy on research, innovation and education projects.
Wabtec Acquires L&M Radiator, Inc.
Wabtec Corporation (Wabtec) announced June 16 that it has acquired L&M Radiator, Inc., a leading manufacturer of heavy-duty radiators and heat exchangers.
Wabtec Secures MTR Locomotive Upgrade Contract
Hong Kong public transport operator MTR Corporation has awarded an approximately $14.9 million (£12 million) contract to Wabtec Corporation for the modernization of 25 Mk3 battery-electric locomotives. The service life of the