Wabtec Railway Electronics

FRA PTL: Supporting Next-Generation Train Operations

The ability to precisely locate and track train movement on the rail network is the cornerstone of modern train control systems. The Interoperable Electronic Train Management System (I-ETMS) and Positive Train Control (PTC) systems currently used by Class I railroads, operational on approximately 54,000 route-miles, rely on the Global Positioning System (GPS) to identify the location of the train lead locomotive, crew-entered track information, and switch position. The location of the rear of the train is then derived from the location of the lead locomotive using the train length, typically provided by the railroad’s management information systems (MIS) and confirmed or updated by the locomotive engineer.

Wabtec completes GE merger, posts strong financials

Wabtec Corporation has completed its merger with GE Transportation. The combined company, which is expected to boast revenues greater than $8 billion in 2019, has a compelling growth profile—especially as market conditions improve in its industries. Wabtec announced the transaction completion at the same time as its 4Q18 and full-year 2018 financials.

For Wabtec, a challenging 2016

Wabtec Corp. on Feb. 21 reported results for 2016’s fourth quarter and full year, and issued financial guidance for 2017, that reflects “significant headwinds” in the freight and industrial markets, as well as ongoing effects from its acquisition of Faiveley Transport.

Parsons awarded Metra PTC contract

Metra, Chicago’s commuter rail operator, has awarded Parsons a contract to install Positive Train Control (PTC) technology on its commuter rail lines.