Wabtec Corp. Tuesday said its MotivePower subsidiary has signed a $45 million contract with regional transportation authority Metrolinx to repower 11 locomotives with new engines and propulsion systems that meet…
Union Pacific will partner with EMD to develop 25 experimental locomotives that are based in two rail yards in California to be used in a $20 million test of new technology designed…
Early registration has been extended through Friday, Aug. 17, for the upcoming RSI/CMA 2012 event at the Sheraton Chicago Hotel & Towers, in Chicago Sept. 22-25. Those registering by Aug.…
CIT Group Inc. announced Monday, July 30, that railcar lessor CIT Rail has ordered an additional 3,000 tank cars from multiple manufacturers. Deliveries are to begin in 2014.
GE Transportation reported $1.6 billion in second-quarter 2012 revenue, up 27% year-over-year, and a segment profit for the quarter of $282 million, up 58% from $178 million in the second…
Wabtec Corp. announced Tuesday that it has signed a contract valued at about $28 million to supply electronically controlled pneumatic (ECP) braking equipment for 159 locomotives operated by Rio Tinto, a mining company…
General Electric Co. Tuesday said it will expand its new, advanced manufacturing battery factory in Schenectady, N.Y., which is part of the company's new Energy Storage business.