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March 7, 2023
VLI, which holds the concession for the Central Atlantic Railway (FCA), has signed a contract with Wabtec for nine ES-43BBI locomotives.
December 6, 2022
article about: RailTrends, Tony Hatch, Marty Oberman, Oliver Wyman, Rick Webb, RailPulse, CPKC, Keith Creel, Pat Ottensmeyer, Tracy Robinson, Jim Foote. From the editors of Progressive Railroading Magazine
September 23, 2022
PITTSBURGH, Sept. 20, 2022 — Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdriveTM battery-electric shunters and modernization work to transform the mainline fleet into NextFuelTM liquid natural gas-powered (LNG) locomotives. The investment marks the largest sustainable technology agreement by the CIS railroad, and will further revolutionize KTZ’s mainline and yard operations, while significantly reducing greenhouse gas emi...
September 20, 2022
WASHINGTON (dpa-AFX) - Wabtec Corp. (WAB), a transportation solutions provider, announced Tuesday that it has signed a memorandum of understanding or MOU worth $600 million with regional transportation
August 22, 2022
“If our union leaders aren't willing to fight and risk being arrested for standing up against these companies,” the worker said, “then maybe they need to step down from their cushy retirement jobs.”
March 24, 2022
Norfolk Southern (NS) has awarded Wabtec a multi-year contract to modernise 330 locomotives as part of the railway’s efforts to improve fuel efficiency.
October 28, 2021
WAB earnings call for the period ending October 27, 2021.
August 8, 2021
HUNTINGTON — CSX’s business is up in all market segments, including coal. However, the railroad giant is having a difficult time finding enough people to hire to work on its
May 17, 2021
Wabtec: Battery-electric locomotive reduces fuel use by 11% Efforts to commercialize second-generation battery-electric locomotive already underway 0 25 2 minutes read Wabtecs FLXdrive locomotive. (Photo: Wabtec) Wabtec’s (NYSE: WAB) battery-electric locomotive reduces a train’s fuel consumption by an average 11%, the Pittsburgh-headquartered rail equipment manufacturer and technology provider said Monday. The FLXdrive, which Wabtec bills as the world’s first 100% battery-powe...
February 19, 2021
Share: Wabtec (NYSE: WAB) could develop more battery electric locomotives in the future as prospective buyers eye ways to improve fuel efficiency, executives of the rail technology provider said during the companys fourth-quarter earnings call on Thursday. BNSF (NYSE: BRK-B) is conducting advanced tests on what Wabtec calls "the worlds first battery electric locomotive," which the Pittsburgh-headquartered rail technology provider has dubbed FLXdrive. The heavy-haul locomotive could potentially ...