Press Releases

PITTSBURGH, Feb. 13, 2024 — Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services. The agreement will transform the remaining AC4400 locomotives in CSX’s fleet providing improved fuel efficiency, reliability, utilization, and tractive effort.

PITTSBURGH, January 17, 2024 – Wabtec’s (NYSE: WAB) Trip Optimizer surpassed a major milestone as railroads used the energy-management software to efficiently operate their trains for more than 1 billion auto miles, the equivalent of more than 40,000 trips around the Earth. The 12,000 locomotives worldwide using the Trip Optimizer system accounted for significant reductions in fuel consumption and emissions for the rail industry.

PITTSBURGH, Dec 4, 2023 – Wabtec (NYSE: WAB) announced today that it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The recognition comes as Wabtec makes significant year-over-year progress on all diversity, equity, and inclusion targets.

PITTSBURGH, November 6, 2023 – Wabtec Corporation (NYSE: WAB) released today its 2023 Sustainability Report highlighting the company’s vision and progress on key environmental, social, and governance (ESG) commitments. The company’s strategy is to contribute to a better, more sustainable world through its unique business offerings, leading technologies, and sustainable business practices, while creating value for customers, employees, and other stakeholders.

ERIE, PA Oct. 31, 2023 – Wabtec and its launch customer, Roy Hill, a leading iron ore miner majority owned by Australia’s most successful private company, Hancock Prospecting, have celebrated the debut of the FLXdrive battery locomotive, the world’s first 100% battery-powered, heavy-haul locomotive for mainline service. The ceremony unveiled the unique, striking pink-colored locomotive at Wabtec’s design and development center in Pennsylvania in front of employees, customer executives, and government and community officials.

RIO DE JANEIRO, July 13, 2023 - Vale announced a partnership with Wabtec Corporation (NYSE: WAB) to advance the decarbonization of the company's rail operations. The deal includes an order for three of Wabtec’s FLXdrive battery locomotives and a collaboration to test ammonia as a potential clean, alternative fuel to replace diesel.

MELBOURNE, May 30, 2023 — Wabtec today published its first Reconciliation Action Plan (Reflect RAP), a formal statement documenting how the company will support reconciliation with Aboriginal and Torres Strait Islander peoples in Australia. The plan is part of Wabtec’s people first approach to a diverse and inclusive workforce where all employees treat each other with respect and dignity.

PITTSBURGH, February 27, 2023 — Wabtec Corporation (NYSE: WAB) announced today leadership moves aimed at accelerating the long-term growth strategy in the Services and Transit businesses, as well as the company’s overall sustainability, and business development initiatives.

PITTSBURGH, February 21, 2023 – Wabtec Corporation (NYSE: WAB) released today its 2022 Sustainability Report highlighting the company’s progress on key environmental, social, and governance (ESG) commitments. The company is focused on creating a sustainable future through innovative technologies, responsible operations, and empowering people and communities.

Wabtec (NYSE: WAB) celebrated today its 1,000th locomotive modernization in North and South America. The milestone delivery to Norfolk Southern highlights the commercial and environmental success of Wabtec’s modernization program.