Despite continued market challenges, Wabtec Corp. “strengthened” its financial position in second-quarter 2021, growing its 12-month backlog—“the highest since second-quarter 2019”—and posting a “year-to-date book-to-bill above 1.0,” the company reported.
Cargo owners, terminal operators, railroads and truckers can now gauge the movement of containers—imports, exports and empties—at the Port of Los Angeles up to six months in advance.
CSX is teaming with Wabtec to modernize locomotives across its fleet, boosting their fuel efficiency and reducing emissions.
Wabtec Corp. and General Motors (GM) have signed a nonbinding memorandum of understanding to develop and commercialize GM’s Ultium battery and HYDROTEC hydrogen fuel cell systems to power locomotives.
Wabtec Corp. has opened a 11,000-square-foot additive manufacturing facility at Pittsburgh (Pa.) International Airport’s Innovation Campus.
CSX has appointed Mark K. Wallace, Kevin S. Boone and Sean R. Pelkey to senior leadership roles; Norfolk Southern (NS) has promoted Jason Morris to Vice President Labor Relations; and A. Stucki Co. has named Philip F. Pietrandrea Division President of Maintenance of Way.
Wendy McMillan will join Wabtec as Regional Vice President for Australia/New Zealand on June 15.
Wabtec has published a Green Finance Framework, as part of its sustainability strategy; Washington Metropolitan Area Transit Authority (WMATA) has released Climate Bonds Certified green bonds, as part of its “commitment to delivering sustainable, cost-effective transportation service to the Washington [D.C.] Metropolitan Region.”
New legislation has been introduced in Congress to establish a Freight Rail Innovation Institute (FRII) in which a university research partner and a locomotive manufacturer would work to develop zero-emission locomotives.
BNSF and Wabtec reported May 17 that their three-month pilot of a battery-electric locomotive (BEL) reduced fuel consumption and greenhouse gas (GHG) emissions by an average of 11% in a revenue service train.