Continuous Real-Time Checkups
RAILWAY AGE, NOVEMBER 2023 ISSUE: Technologies that leverage AI are improving the way railroads operate and maintain equipment and infrastructure.
Wabtec
2023 Women in Rail: Innovating, Inspiring
RAILWAY AGE, NOVEMBER 2023 ISSUE: Since 2017, Railway Age has celebrated women leaders who break down barriers and create opportunities for the next generation. This year, 23 honorees and five honorable mentions were selected from more than 100 Women in Rail awards candidates by judges Barbara Wilson and KellyAnne Gallagher, with input from the Railway Age staff. These visionaries from all levels of North American railroading are not only excelling in their respective fields, but also making an impact in the historically male-dominated freight, transit and supply sectors; supporting and inspiring more women to join the industry; and serving their communities. Congratulations to these women whose accomplishments are presented here.
Wabtec Releases 2023 Sustainability Report
Wabtec Corporation on Nov. 6 released its 2023 Sustainability Report highlighting the company’s “vision and progress on key environmental, social and governance (ESG) commitments.”
Wabtec, Roy Hill Unveil Second-Gen FLXdrive (Updated)
Wabtec on Oct. 31 revealed its second-generation FLXdrive battery locomotive, which will be delivered in 2024 to Australian iron ore mining company Roy Hill. The unit’s pink livery symbolizes Roy Hill’s commitment to supporting breast cancer research and patients.
Wabtec 3Q23: ‘Strong’ Results, Full-Year Guidance Raised
Despite “an increasingly volatile macro-economic environment,” Wabtec delivered a “strong” third quarter, as evidenced by increased growth in sales, margin, earnings and operating cash flow, Wabtec President and CEO Rafael Santana said during an Oct. 25 financial presentation. Sales were up 22.5% from the prior-year quarter, driven by the Freight and Transit segments, which experienced double-digit growth.
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.
Railway Age Announces 2023 Women in Rail Honorees
Railway Age’s 2023 Women in Rail awards program recognizes 23 women who not only excel at leadership but also serve the community and drive industry change, paving the way for the next generation of railroaders.
ASLRRA Staff Participate in Railway Interchange
The Association had a strong presence at Railway Interchange this week in both the exhibit hall and education sessions.
Commentary
Environmental Engine-uity
Wabtec’s site in Grove City, Pennsylvania is one of the country’s premier diesel engine manufacturing plants. The team builds thousands of engines each year for locomotives and marine applications. In addition to those engines, the site now is producing a new product – power.
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.