Wabtec Corporation

(Photo Collage Courtesy of Wabtec)
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Female Engineers on a Mission

Engineering is a profession that has traditionally been male dominated. In fact, men outnumber women in the global engineering workforce 86.3% to 13.7% (Source: Fictiv). But for innovation to thrive, it requires

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People News: SEPTA, Wabtec

Southeastern Pennsylvania Transportation Authority (SEPTA) appoints Elisa Cunningham as Chief Technology Officer. Also, Wabtec Corporation elevates Kyra Yates to Vice President of Investor Relations.

Zoltan recently received a service award from his engineering colleagues at Wabtec for “Putting the brakes on a coupler career.”

Watch: Wabtec Celebrates Zoltan’s 60 Years of ‘Magnificent’ Service

At age 87, Zoltan (Zoli) Kovacs is many things: a proud father, grandfather, and great-grandfather; an accomplished martial arts master and teacher; and a dedicated life-long learner, something he applied every day at Wabtec in his role as Regional Manager, Transit. But most of all, he’s a competitor—a fierce one at that!—who likes nothing more than translating his knowledge of rail applications into new Wabtec customers.

(Wabtec Photograph)
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Wabtec: ‘Solid’ 4Q23, ‘Strong’ Order Pipeline (UPDATED 2/15)

“The Wabtec team delivered a strong finish to 2023 as evidenced by higher sales, margin expansion, increased earnings and improved cash flow,” President and CEO Rafael Santana said in a Feb. 14 earnings announcement. Sales were up 15.7% year-over-year, driven by Freight and Transit growth. TD Cowen offers updated insight on Feb. 15.

Shutterstock/ Kikujiarm
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25 Under 40: Part 3 of 4

RAILWAY AGE, FEBRUARY 2024 ISSUE: Railway Age is proud to recognize 25 ‘Fast Trackers’ Under 40 in 2024.

(Siemens Mobility Photograph)

Wabtec Wins $157MM Siemens Brake Order

Wabtec Corporation on Jan. 24 reporting landing a $157 million brake system order from the Mobility Business of Siemens India Private Limited for Indian Railways’ (IR) new line of 1,200 electric locomotives for freight service.

Wabtec has landed a “multi-million-dollar” order from Kawasaki Rail Car for brakes and couplers that will be used on MTA New York City Transit’s 640 new R211 rapid transit cars. The 640 cars were ordered in 2022 as an option to a 2018 base order for 535 cars (pictured).
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Supply Side: Wabtec, FourKites

Wabtec Corporation is supplying brakes and couplers for 640 MTA New York City Transit (NYCT) R211s on order with Kawasaki Rail Car Inc. Also, supply chain visibility provider FourKites updates its AI-enabled Slot Manager system.

“Blume’s asset management solution is well established as the marketplace where IMCs obtain railroad-owned intermodal equipment,” Blume Global CEO Pervinder Johar said Sept. 11. “We look forward to helping CPKC expand their business in the U.S.”
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Supply Side: Blume Global, Rio Tinto IOC, Wabtec

Canadian Pacific Kansas City (CPKC) will use Blume Global’s asset management system to foster intermodal traffic growth. Also, Rio Tinto’s Iron Ore Company of Canada (Rio Tinto IOC) is donating C$4 million to a Quebec college for a new training, research and innovation pavilion for the rail, industrial maintenance and energy intelligence industries; and Penn State names Wabtec Corporation as its 2023 Corporate Partner of the Year.