
Wabtec, KTZ Sign $600MM MOU
Wabtec and Kazakhstan Temir Zholy (KTZ, Kazakhstan National Railway) have signed a $600 million memorandum of understanding (MOU) for 150 FLXdrive™ battery-electric switchers and modernization work to transform the KTZ main line diesel-electric fleet into NextFuel™ liquified natural gas-powered (LNG) locomotives.