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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.

WAB earnings call for the period ending October 27, 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

Wabtec: Battery-electric locomotive reduces fuel use by 11% Efforts to commercialize second-generation battery-electric locomotive already underway 0 25 2 minutes read Wabtec's 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-powered, heavy-haul freight locomotive, also reduced the train’s greenhouse gas emissions, according ...

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 company's fourth-quarter earnings call on Thursday. BNSF (NYSE: BRK-B) is conducting advanced tests on what Wabtec calls "the world's first battery electric locomotive," which the Pittsburgh-headquartered rail technology provider has dubbed FLXdrive. The heavy-haul locomotive could potentially reduce fuel consumption by 10% to 30%, and the technology is attracting interest from customers in...