Wabtec Archives

(Photograph Courtesy of Port of Long Beach)

Commentary

November 21, 2022
Intermodal

Cowen: Measuring Supply Chain Shifts

A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment. As the dust begins to settle, we, at Cowen Research, are taking a closer look at the more long-lasting changes across the supply chain and consumers. A multi-sector angle provides insight into the long-term impact for supply chains and beneficiaries of these shifts.

Wabtec has signed a definitive agreement to acquire Brazil-based Super Metal. (Collage Courtesy of Wabtec)

November 17, 2022
M/W

Wabtec Expanding M/W Business

Wabtec Corporation on Nov. 17 reported the addition of Brazil-based Super Metal to its maintenance-of-way (m/w) business. Financial terms of the acquisition were not disclosed.

November 14, 2022
Locomotives

Wabtec, National Labs Collaborate on Carbon Reduction

To “identify solutions for applying hydrogen in the rail industry,” Wabtec has entered into collaborative research and development agreements (CRADA) with Oak Ridge and Argonne National Laboratories, the company announced Nov. 10.

November 02, 2022
Locomotives

First Wabtec AC44C6Ms Arrive at CN

The first two of CN’s 50-unit order of AC44C6M remanufactured locomotives from Wabtec have arrived in Canada.

“Our technologically differentiated portfolio of products and solutions, combined with our global installed base and multi-year backlog will allow us to capitalize on growth opportunities while remaining highly resilient,” Wabtec President and CEO Rafael Santana said during Nov. 1 financial report.

November 01, 2022
Mechanical

Santana: Wabtec ‘Well-Positioned to Drive Long-Term Profitable Growth’ (UPDATED, Cowen)

Wabtec “delivered a strong quarterly performance,” President and CEO Rafael Santana said during a Nov. 1 financial report. Third-quarter 2022 sales were up 9.1% from the prior-year period, which the company attributed to “significantly higher Freight segment sales, partially offset by lower Transit segment sales.”

October 28, 2022
News

Wabtec Celebrates 10 Years in Fort Worth

In October 2012, Wabtec opened the doors to its one-million-square-foot locomotive plant and 250,000-square-foot mining plant in Fort Worth, Tex. Now, 10 years later, the company has established the site as “one of the premier production facilities for the rail and mining industries.”

Wabtec in an Oct. 17 Twitter post wrote: “Last week, execs from @CNRailway visited our Ft. Worth facility to see the 1st of 50 modernized locos to roll off the line. The upgrades increase the locomotive’s lifespan, improve operational efficiencies and reduce emissions. #WabtecFreightServices.” (Photograph Courtesy of Wabtec, via Twitter)

October 17, 2022
Locomotives

First Look: CN’s Dash 9, Transformed

Wabtec earlier this month debuted the first of 50 modernized locomotives for CN at its Fort Worth, Tex., plant.

Improving safety, reliability and availability of rolling stock is the aim of Wabtec’s partnership with Akiem, Wabtec reported on Oct. 13. (Photograph Courtesy of Wabtec)

October 13, 2022
Locomotives

Wabtec Lands Akiem Locomotive Service Contract

Wabtec on Oct. 13 reported signing a five-year contract with Akiem, a European rolling stock leasing company, to maintain locomotive components for rail operator customers in France and Germany.

September 20, 2022
Locomotives

Wabtec, KTZ Sign $600MM MOU

Wabtec and Kazakhstan Temir Zholy (KTZ, Kazakhstan National Railway) have signed a $600 million memorandum of understanding (MOU) for 150 FLXdrive™ battery-electric switchers and modernization work to transform the KTZ main line diesel-electric fleet into NextFuel™ liquified natural gas-powered (LNG) locomotives.

September 19, 2022
News

Rebuild, Renew, Repower

RAILWAY AGE, SEPTEMBER 2022 ISSUE: For many freight railroads, upgrading their existing locomotive fleets to current standards of improved fuel efficiency and emissions reductions is far more cost-effective than acquiring new power.