“The Wabtec team delivered a strong start to 2024, continuing the momentum experienced in 2023. This was evidenced by higher sales, margin expansion, and increased earnings in the quarter,” President and CEO Rafael Santana said in an April 24 earnings announcement. Sales were up 13.8% year-over-year, driven by sales growth in both the Freight and Transit segments.
Zero-emissions rail solutions technology company Intramotev announced April 24 that it is partnering with global mining company Carmeuse Americas to deploy its TugVolt technology at a mining site in Cedarville, Mich.
“We continue to experience solid demand globally for most railcar types in our fleets,” GATX President and CEO Robert C. Lyons said during a first-quarter 2024 financial report. “At Rail North America,
Norfolk Southern’s Operations Task Force, led by Executive Vice President and Chief Operating Officer John Orr, reports that has made several improvements at the Conway Yard locomotive shop in Pennsylvania, northwest of
Watco has made several executive leadership changes that the company said “will refine its focus and simplify its mission.” The changes go into effect immediately. Nick Coomes is now Executive Vice President
Norfolk Southern has deployed its second Digital Train Inspection Portal (DTI) in Jackson, Ga., on its Atlanta South District Subdivision, where approximately 19 trains pass through daily. Each portal features Machine Vision
Conversion of freight shipments from truck to rail, combined with recent developments in innovation, can benefit more than just shippers’ bottom line—and the broader public wins, too. The industry has done an
Safety is preeminent among Greenbrier’s core values and extends to every part of our organization. As Greenbrier’s CEO, employee safety is my highest priority. While this seems foundational, it is essential to
Our 1Q24 survey results are neutral to mildly positive for railcar demand. The order outlook was mixed, but a lower percent of shippers not ordering cited “no need” in 1Q24 than did
The National Transportation Safety Board (NTSB) on April 9 issued the final report for its investigation of a Dec. 13, 2022, accident, in which a Norfolk Southern (NS) employee was killed and
