The Wabtec Foundation, Canadian Pacific (CP) and Kansas City Southern (KCS) are donating $100,000, $500,000 and $500,000, respectively, in support of humanitarian relief efforts in Ukraine and for Ukrainian refugees.
Union Pacific (UP) will begin using a higher biodiesel blend in locomotives acquired from Wabtec, the Class I railroad reported on March 8.
Cowen and Company on Feb. 15 held a webinar with five expert panelists addressing the current state and outlook for the rail, locomotive, and railcar leasing and manufacturing markets.
“The breadth of our product portfolio combined with our multi-year backlog provides us with a solid foundation for growth in 2022,” Wabtec Corp. President and CEO Rafael Santana said during a fourth-quarter and full-year 2021 earnings announcement on Feb. 16; he noted that the company’s FLXdrive battery-electric locomotive is “gaining traction.”
RAILWAY AGE FEBRUARY 2022 ISSUE: Railway Age is proud to recognize 25 “Fast Trackers” Under 40 in 2022.
Union Pacific on Jan. 28 reported ordering 10 battery-electric locomotives apiece from Progress Rail, a Caterpillar Company, and Wabtec Corp. for yard testing; the “green” units plus yard infrastructure upgrades will exceed $100 million and support the Class I railroad’s efforts to reach net-zero emissions by 2050.
Railway Age is pleased to announce the 25 “Fast Trackers” selected for this year’s 25 Under 40 awards program.
This is the third order to be placed by an Australian freight company for battery-electric locomotives.
Four FLXdrive battery-electric locomotives from Wabtec will begin tests runs in 2024 along Rio Tinto’s western Australian rail network, the mining company reported on Jan. 10.
Wabtec Corp. is growing its brakes product portfolio with the addition of New Delhi, India-based MASU’s railway friction business; the deal is valued at approximately $34 million.