Wabtec Corporation on July 30 reported receiving a $277 million order for Evolution Series ES43ACmi locomotives from SimFer, a joint venture among the government of the Republic of Guinea, Rio Tinto, and Chalco Iron Ore Holdings.
Wabtec Corporation and Indian Railways on July 25 celebrated the launch of locomotive service operations at the Gooty Maintenance Shed in southern India’s Andhra Pradesh. The shed complements the manufacturer’s existing locomotive
![According to Rail Vision, its Shunting Yard System “automatically detects and classifies objects within a range of 200 meters [656 feet]—in any weather or light conditions.” (Image Courtesy of Rail Vision)](https://www.old.railwayage.com/wp-content/uploads/2024/06/Screenshot-2024-06-11-at-4.16.13-PM-1-315x168.png)
Track maintenance equipment and services provider Loram takes delivery of Rail Vision Ltd.’s monitoring and obstacle detection system for yards. Also, Wabtec Corporation achieves ISO 27001 certification; and Eco-Energy, LLC partners with Commtrex to deliver outsourced logistics and fleet management services throughout North America.
![According to Rail Vision, its ShuntingYard system “automatically detects and classifies objects within a range of 200 meters [218 yards]—in any weather or light conditions.” (Image Courtesy of Rail Vision)](https://www.old.railwayage.com/wp-content/uploads/2024/06/Screenshot-2024-06-11-at-4.16.13-PM-315x168.png)
A U.S. Class I railroad has taken delivery of Rail Vision Ltd.’s monitoring and obstacle detection system for yards. Also, Wabtec Corporation’s Green Friction braking system will be deployed on RER A line trains operating in the Paris, France, metropolitan area.
Global mining company Vale has signed a 10-year master service agreement valued at approximately $340 million (R$1.8 billion) with Wabtec Corporation “to increase the efficiency and operations” of the Evolution Series (EVO) locomotive
Wabtec Corporation (Wabtec) on May 20 inaugurated its new manufacturing campus in Rohtak, India, an investment of $18 million (Rs. 150 crore).
Engineering is a profession that has traditionally been male dominated. In fact, men outnumber women in the global engineering workforce 86.3% to 13.7% (Source: Fictiv). But for innovation to thrive, it requires
Southeastern Pennsylvania Transportation Authority (SEPTA) appoints Elisa Cunningham as Chief Technology Officer. Also, Wabtec Corporation elevates Kyra Yates to Vice President of Investor Relations.
At age 87, Zoltan (Zoli) Kovacs is many things: a proud father, grandfather, and great-grandfather; an accomplished martial arts master and teacher; and a dedicated life-long learner, something he applied every day at Wabtec in his role as Regional Manager, Transit. But most of all, he’s a competitor—a fierce one at that!—who likes nothing more than translating his knowledge of rail applications into new Wabtec customers.
“The Wabtec team delivered a strong finish to 2023 as evidenced by higher sales, margin expansion, increased earnings and improved cash flow,” President and CEO Rafael Santana said in a Feb. 14 earnings announcement. Sales were up 15.7% year-over-year, driven by Freight and Transit growth. TD Cowen offers updated insight on Feb. 15.