2021 Railway Age Readers’ Influential Leaders
RAILWAY AGE MAY 2021 ISSUE: The mantra of these railroaders: Making a difference. They’re not only helping to shape the industry, but also tomorrow’s leaders.
Wabtec
Supply Side: PS Technology, Wabtec, Senceive, Bentley
The Belt Railway Company of Chicago (BRC) has selected PS Technology’s (PST) crew management system; Wabtec Corp. will supply Alstom with advanced brake systems and other components for new trains in India; Canadian industrial technology group Eddyfi/NDT has acquired London-based Senceive Ltd.; and Bentley Systems, Inc., an infrastructure engineering software company, has established an education program and is purchasing two software providers.
Wabtec 1Q21: ‘Earnings Beat, Backlog Grows Modestly’
Wabtec Corp. reported a “strong operational quarter” and a position of “profitable long-term growth,” due to continued signs of industry recovery, a modestly growing backlog, and its order pipeline.
Metra Eyes ‘Green’ Power
The move to zero-emission locomotives is picking up electrons—not steam—with Metra’s announcement that it will issue a Request for Proposals (RFP) challenging manufacturers to convert three of its older F40PH-3 diesels to battery power.
Railway Age 2021 Readers’ Influential Leaders
Railway Age is pleased to present the results of its second annual Readers’ Influential Leaders program.
Cowen Surveys Find ‘Encouraging’ Shipper Business Outlook
Two first-quarter 2021 surveys of rail shippers on pricing and business outlook as well as equipment needs conducted by Cowen and Company analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliot Alper indicate that, compared with the previous quarter, Class I railroad customers are anticipating somewhat higher rate increases, and a slight decline in new railcar demand.
Wabtec Acquiring Nordco
Wabtec Corp. reported March 23 it has signed a definitive agreement to acquire Nordco from Greenbriar Equity Group LP.
Wabtec, G&W, Carnegie Mellon to Launch Research Institute
Wabtec President and CEO Rafael Santana announced the establishment of a research institute in partnership with Carnegie Mellon University (CMU) and Genesee & Wyoming (G&W), during a recent House Transportation and Infrastructure Committee hearing.
Supply Side: Chart Industries/Ballard, Knorr-Bremse/Irdeto, TRAC Intermodal, Wabtec
Six major companies in the railway and intermodal supply space have reported developments in joint ventures and charitable works.
For Wabtec, ‘Positive Momentum’ Going Into 2021
Despite a challenging market, backlog remains strong, Wabtec Corp. reported during its fourth-quarter and full-year 2020 earnings release.