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KeyBanc: Wabtec story "intriguing"
During much of fourth-quarter 2015, investor interest in Wabtec (Westinghouse Air Brake Technologies Corp.) has increased due to concerns about the North American railcar cycle, Wabtec’s pending acquisition of Faiveley…
First MP54AC testing on GO Transit
GO Transit’s first MP54AC Tier 4-compliant diesel-electric locomotive from the MotivePower Inc. (MPI) Division of Wabtec has been delivered and underwent testing on the weekend of Dec. 12-13, 2015. No.…
Soussan replaces Wilder at Siemens Mobility
Siemens Mobility Division executive Sabrina Soussan has been named CEO of the division’s High Speed and Commuter Rail and Locomotive business units, reporting to Siemens Mobility Division CEO Jochen Eickholt.
Wabtec receives $26 million order for Saudi Arabia Railway
Wabtec Corporation has received an order valued at about $26 million to provide components, including electronically controlled pneumatic (ECP) braking equipment, for 1,186 freight cars to be built for the…
Siemens to build new locomotives for SEPTA
Siemens has been awarded a $118 million USD contract to build 13 ACS-64 electric locomotives for the Southeastern Pennsylvania Transportation Authority (SEPTA), operator of regional and mass transit in Philadelphia,…
GE to supply 1,000 locomotives to Indian Railways
GE Transportation announced Nov. 9, 2015 that it received a Letter of Award from India’s Ministry of Railways for a locomotive supply and maintenance contract worth approximately $2.6 billion over…
All Aboard Florida reveals Brightline brand
All Aboard Florida, the intercity passenger subsidiary of Florida East Coast Railway (FEC), announced on Nov. 9, 2015 that its Miami-Fort Lauderdale-Orlando service will be branded Brightline and also revealed…
Three states add to Siemens Charger orders
California, Illinois and Maryland have ordered a combined 34 Charger diesel-electric passenger locomotives from Siemens Mobility, bringing the number of state Departments of Transportation procuring these units to six and…
Norfolk Southern rolls out the GP33ECO
Norfolk Southern joined local and state officials on Nov. 5, 2015 to dedicate a new fleet of GP33ECO environmentally friendly yard locomotives for Chicago at its 47th Street intermodal facility.
Motive Power Resources hires Monaghan as VP of Sales
Motive Power Resources Inc., a supplier of locomotives, components, spare parts and repair and building services, has hired Terry Monaghan as Vice President of Sales.
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