For Wabtec, “a year of transition”

Wabtec Corp., in reporting results for its 2017 fourth quarter and full year, and issuing 2018 financial guidance, referred to 2017 as “a year of transition” in which the company “made excellent progress on the Faiveley Transport integration and continued to invest in worldwide growth opportunities,” according to President and CEO Ray Betler.

The ongoing crew consist size debate

The battle between labor and the management over mandatory two-person crews is far from over and will heat up if a new Democratic-controlled Congress takes charge in 2019. Hoping for big Democratic wins in the U.S. House and Senate later this year, railroad labor quietly continues to set the stage to push for mandatory two-person train crew legislation.