Wabtec 3Q20: ‘All-Around Beat, Backlog Intact’
Wabtec Corp. reported a “strong operational third quarter in the face of a challenging and dynamic environment,” and updated its 2020 guidance.
Wabtec Corp. reported a “strong operational third quarter in the face of a challenging and dynamic environment,” and updated its 2020 guidance.
Rail transit rail equipment is among the transportation equipment subsectors most likely to benefit from a potential “Blue Wave” in January following a Joe Biden/Kamala Harris win and the Democrats flipping enough seats in the U.S. Senate in the November Presidential election to take control of that chamber.* As well, a power shift in Washington could drive a public transit service recovery in the U.S.
Wabtec Corp. is outlining its sustainability strategy in a new 46-page report. The company also announced the appointment of Nicole Theophilus as Executive Vice President and Chief Human Resources Officer, succeeding Scott Wahlstrom, who has retired.
Wabtec Corp. will open a new additive manufacturing facility in spring 2021 at the Pittsburgh Airport Innovation Campus.
Penn State and Wabtec Corp. have formed strategic partnership for energy management, battery technology and machine learning research, and for professional and talent development.
While New Mexico Rail Runner Express (NMRX) service remains suspended due to COVID-19, work is under way to upgrade the wireless network for its commuter rail fleet, which includes nine Wabtec-manufactured Rail Runner locomotives and nine cab cars. Positive Train Control (PTC) installation also continues.
RAILWAY AGE, AUGUST 2020 ISSUE: Improvements in train handling, fuel efficiency and safety are all possible through the advanced microprocessor technology quickly becoming standard on locomotives.
RAILWAY AGE, AUGUST 2020 ISSUE, ANNUAL WINTER PREPAREDNESS REPORT: Winter preparedness is essential for avoiding frozen equipment, malfunctioning cars, service delays or even suspended operations.
Fail to prepare for winter’s harsh conditions and your railroad will be running on ice—literally and figuratively. One railroad that prepares for winter’s onslaught is BNSF, which has some of the most rugged territory in North America.
Wabtec Corp.’s Trip Optimizer energy management system, described by the company as a “smart cruise control system for trains,” has surpassed, globally, 500 million miles in operation.
New York’s Metropolitan Transportation Authority (MTA) Board recently awarded a $233 million contract to Wabtec for 25 electric-diesel hybrid locomotives for use on NYC Transit work trains as part of the agency’s “ongoing efforts to improve environmental sustainability and health and safety for employees and customers.”