Wabtec

“Looking ahead, we’re building momentum, and the pace of our commercial activity across segments and regions is growing,” Rafael Santana said July 27 during a second-quarter 2023 financial report.

Wabtec: ‘Strong’ 2Q23 Results, Full-Year Guidance Raised

Wabtec “delivered another strong quarter” for the three months ending June 30, 2023, with double-digit earnings per share growth, said President and CEO Rafael Santana, who noted during a July 27 financial report that the “orders pipeline is expected to strengthen” in second-half 2023. The company also raised its full-year 2023 guidance.

Wabtec’s Services team will modernize CN’s 60 certified pre-owned Dash-9 locomotives to bring the total modernized fleet to 110 locomotives.

Wabtec Modernizing 60 Additional CN Locomotives

CN on July 26 announced an order to enhance an additional 60 locomotives in its existing fleet through Wabtec’s modernization program, supporting the Class I railroad’s “commitment to drive growth in a sustainable manner and build success for customers, employees and communities.”

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Supply Side: American Seating, Wabtec, Smart North Florida/TRAINFO

American Seating reveals plans for new headquarters. Also, Wabtec Corp. (Wabtec) will invest $2.7 million to increase capacity in Virginia’s City of Salem; and the Florida Department of Transportation (FDOT) partners with Smart North Florida and TRAINFO in a pilot program aimed to ease traffic congestion at a railroad crossing in San Marco, Fla.

CSX Carries Out B20 Fuel Testing in Tampa Fleet

CSX on July 14 reported that testing of 20% soybean oil-based fuel in a locomotive fleet serving Tampa, Fla.-based phosphate customer Mosaic, which began in 2022 to demonstrate the effectiveness of the B20 biodiesel blend in Wabtec FDL Advantage engines, “continues to yield impressive results.”