Norfolk Southern (NS) recognizes 15 customers and suppliers for leadership in energy efficiency, innovation and environmental stewardship. Also, Union Pacific (UP) reports the Mexican government’s extension of the Carta Porte grace period.
A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment. As the dust begins to settle, we, at Cowen Research, are taking a closer look at the more long-lasting changes across the supply chain and consumers. A multi-sector angle provides insight into the long-term impact for supply chains and beneficiaries of these shifts.
Wabtec Corporation on Nov. 17 reported the addition of Brazil-based Super Metal to its maintenance-of-way (m/w) business. Financial terms of the acquisition were not disclosed.
To “identify solutions for applying hydrogen in the rail industry,” Wabtec has entered into collaborative research and development agreements (CRADA) with Oak Ridge and Argonne National Laboratories, the company announced Nov. 10.
The first two of CN’s 50-unit order of AC44C6M remanufactured locomotives from Wabtec have arrived in Canada.
Wabtec “delivered a strong quarterly performance,” President and CEO Rafael Santana said during a Nov. 1 financial report. Third-quarter 2022 sales were up 9.1% from the prior-year period, which the company attributed to “significantly higher Freight segment sales, partially offset by lower Transit segment sales.”
In October 2012, Wabtec opened the doors to its one-million-square-foot locomotive plant and 250,000-square-foot mining plant in Fort Worth, Tex. Now, 10 years later, the company has established the site as “one of the premier production facilities for the rail and mining industries.”
Wabtec earlier this month debuted the first of 50 modernized locomotives for CN at its Fort Worth, Tex., plant.
Wabtec on Oct. 13 reported signing a five-year contract with Akiem, a European rolling stock leasing company, to maintain locomotive components for rail operator customers in France and Germany.
Union Pacific Railroad (UP) and ZTR, a locomotive control systems supplier, announced on Oct. 6 a partnership to build hybrid-electric locomotives. The locomotives will be built at UP’s North Little Rock, Ark., facility with the first prototype expected to be delivered in late 2023 and five additional units arriving in 2024.
