Featured News

Wabtec honored as Penn State’s Corporate Partner of the Year

Penn State has named transportation industry leader Wabtec Corporation as its 2023 Corporate Partner of the Year. The annual award celebrates corporate partners that have demonstrated exceptional commitment in the promotion and support of Penn State, have excellent track records of philanthropy and research and actively engage Penn State students and alumni in the workplace and the classroom.

https://www.psu.edu/news/development-and-alumni-relations/story/wabtec-honored-penn-states-corporate-partner-year/
Wabtec: Hydrogen is the locomotive fuel of the future

As the railroad industry searches for ways to reduce and ultimately eliminate its greenhouse gas emissions, Wabtec sees hydrogen as the locomotive fuel of the future, whether it’s burned in internal combustion engines or used to power fuel cells.

https://www.trains.com/trn/news-reviews/news-wire/wabtec-hydrogen-is-the-locomotive-fuel-of-the-future/
Transportation solutions company Wabtec joins E-ffiliates

Wabtec, a transportation solutions company, has joined E-ffiliates to drive new innovations for decarbonizing transportation technology.

https://acee.princeton.edu/acee-news/transportation-solutions-company-wabtec-joins-e-ffiliates/
Wabtec lifts 2023 forecast on strong demand in freight and transit businesses

Heavy industrial parts maker Wabtec Corporation on Thursday raised its full-year sales and earnings outlook on continued growth in its freight and transit segments.

https://www.reuters.com/article/westinghouse-air-results/wabtec-lifts-2023-forecast-on-strong-demand-in-freight-and-transit-businesses-idUSL4N39D3BM
Vale announces purchase of electric locomotives for the country's first hybrid railway

Vale and Wabtec Corporation announced this Thursday (13) the purchase of three FLXdrive battery-powered locomotives and a partnership to study an ammonia engine as an alternative fuel to diesel. The expectation is to advance in the decarbonization of the mining company's railway operations .

https://www-cnnbrasil-com-br.translate.goog/economia/vale-compra-tres-locomotivas-eletricas-e-faz-parceria-para-uso-de-amonia-como-combustivel/?_x_tr_sl=pt&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
Wabtec Secures $190MM Parts Agreement to Support PT KAI’s Locomotive Fleet

Wabtec Corporation (Wabtec) announced July 10 that it has entered into a $190 million agreement with PT Imeco Inter Sarana (PT IMECO) to support PT Kereta Api Indonesia’s (PT KAI) 150 locomotive fleet.

https://www.railwayage.com/mechanical/locomotives/wabtec-secures-190mm-parts-agreement-to-support-pt-kais-locomotive-fleet/
Wabtec to supply passenger information systems and pantographs for Stadler tram-trains

WABTEC has been awarded a contract by Stadler to supply passenger information systems and a new design of pantograph for 246 CityLink tram-trains as part of the German Transport Association’s (VDV) tram-train procurement project led jointly by six German and Austrian operators. The contract is for 10 years and includes an option to supply the equipment for another 258 vehicles.

https://www.railjournal.com/fleet/wabtec-to-supply-passenger-information-systems-and-pantographs-for-stadler-tram-trains/
Australian agricultural cooperative orders 17 locomotives from Wabtec

PERTH, Australia — Australian agricultural cooperative CBH Group will purchase 17 narrow gauge locomotives from Wabtec, CBH has announced. Wabtec will build 17 dual-cab, diesel-electric CM20ACi locomotives, with the first group of five set for delivery in the March quarter of 2026 and the remainder in the following quarter.

https://www.trains.com/trn/news-reviews/news-wire/australian-agricultural-cooperative-orders-17-locomotives-from-wabtec/
Wabtec Wins G&W Order for ‘Pre-Owned’ Power

Wabtec on June 27 reported that it will deliver 69 “certified pre-owned” locomotives this year to six of Genesee & Wyoming Inc.’s U.S. subsidiaries in a deal that includes an extended warranty.

https://www.railwayage.com/mechanical/locomotives/wabtec-lands-gw-order-for-pre-owned-power/
Wabtec launches Generation 3 Collision Avoidance System

Wabtec Digital Mine says it is setting a new global industry benchmark for workplace safety with the launch of its latest Generation 3 Collision Avoidance System (CAS). It says the new system will enhance safety and productivity, as well as provide a new level of performance with a rules and intelligence capability.

https://im-mining.com/2023/06/06/wabtec-launches-generation-3-collision-avoidance-system/
Wabtec 1Q23: ‘Strong Start to 2023’

For first-quarter 2023, Wabtec reported GAAP earnings per diluted share of $0.93, up 16.3% compared to the prior-year period’s $0.80. Adjusted earnings per diluted share were $1.28, up 13.3% compared to the prior-year period’s $1.13.

https://www.railwayage.com/mechanical/wabtec-1q23-strong-start-to-2023/
Wabtec secures locomotive contract in Brazil

US-based Wabtec has received a contract worth around $38.3m (R$200m) from logistics solutions company VLI for the delivery of nine Evolution Series locomotives.

https://www.railway-technology.com/news/wabtec-secures-locomotive-contract-brazil/
Wabtec Delivers the 500th Evolution Series Locomotive to Indian Railways

Patna, India: Wabtec Corporation celebrated the delivery of the 500th Evolution Series Locomotive to Indian Railways. The celebration at Wabtec's plant in Marhowra, Bihar marked another milestone in the 2015 USD $2.5 billion agreement as part of the Government of India's Public Private Partnership 'Make in India' program to develop and supply 1,000 fuel-efficient, emission-compliant diesel-electric Evolution Series locomotives.

https://auto.economictimes.indiatimes.com/news/automotive/wabtec-delivers-the-500th-evolution-series-locomotive-to-indian-railways/98094731
Wabtec VP: US needs to invest in hydrogen rail technologies

FreightWaves chats with scientists at Oak Ridge National Laboratory to discuss a four-year project between Oak Ridge, Argonne National Laboratory and rail technology provider Wabtec (NYSE: WAB) aimed at developing a hybrid locomotive that can run on both diesel and hydrogen.

https://www.freightwaves.com/news/wabtec-vp-us-needs-to-invest-in-hydrogen-rail-technologies