Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The acquisition is subject to customary closing conditions and financial terms were not disclosed.
Wabtec Corporation (NYSE: WAB) announced today it was awarded a contract from Central Organisation For Modernisation Of Workshops (COFMOW), Indian Railways for its Online Monitoring of Rolling Stock (OMRS) project.
Wabtec Corporation (NYSE: WAB) is introducing a new locomotive model to Brazil’s freight rail market with deliveries to Suzano, MRS and Rumo in late March and early April.
Wabtec Corporation (NYSE: WAB) announced today an additional multi-year order from Norfolk Southern (NYSE: NSC) to modernize 330 locomotives as part of its continued partnership. Extended partnership furthers railroad’s sustainability, fuel efficiency efforts.
Union Pacific Railroad (NYSE: UP) will begin using a higher biodiesel blend in locomotives it acquired from Wabtec (NYSE: WAB). The new collaboration helps Union Pacific as it works to increase the percentage of low-carbon fuels consumed to 10% of its total diesel consumption by 2025 and 20% by 2030.
Wabtec Corporation (NYSE: WAB) and Rio Tinto announced today an order for four FLXdrive battery-electric locomotives to support sustainable operations of the mining company’s rail network in the Pilbara region of Western Australia
Wabtec Corporation (NYSE: WAB) announced yesterday it recently acquired the railway friction business from MASU, a leading manufacturer of friction products across the automotive and rail industry
Wabtec Corporation (NYSE: WAB), a leading technology supplier for thefreight and transit rail industries, announced today its locomotive plant in Marhowrah, Bihar was recognized for the Best Skill Development Program at the Tata Institute of Social Science (TISS)-Leapvault CLO Awards India. The award honors the investment Wabtec made in its employees through learning and skill development initiatives.