Press Releases

CSX Corporation (NASDAQ: CSX) and Wabtec (NYSE: WAB) are partnering to accelerate sustainable rail by modernizing locomotives across CSX’s fleet and implementing advanced digital technologies to deliver significant fuel efficiency and emissions reductions for CSX’s rail operations. The partnership will help CSX in their commitment to reduce greenhouse gas emissions intensity by 37 percent by 2030.

Wabtec Corporation (NYSE: WAB) announced today it has signed a definitive agreement to acquire Nordco, a leading North American supplier of new, rebuilt and used maintenance of way equipment with a broad product and service portfolio including mobile railcar movers and ultrasonic rail flaw detection technologies, from Greenbriar Equity Group LP.

Today at Railway Interchange 2019, Wabtec Corporation (NYSE: WAB) announced two new offerings designed to modernize its global installed base of 23,000 locomotives. To maximize asset lifecycle value and reduce total cost of ownership for customers, Wabtec has developed a fuel-saving engine upgrade package, called “FDL Advantage,” for its FDL locomotive platform as well as a complete control system replacement. In addition to addressing industry imperatives for improved fuel efficiency and reliability, these solutions introduce next-generation data and software capabilities to position railroads for the future of transportation.