In Part 3 of this FreightWaves Classics article, the focus is primarily on Edward Budd’s contributions to the passenger rail industry in the 1930s, as well as his legacy.
From trains to trucks to data centers, Cummins Inc. sees $400 million in revenue from hydrogen-making electrolyzers in 2025 as it pursues green hydrogen from renewable sources like solar and wind instead of gray hydrogen made from natural gas.
The stalled truck engine business will recover as it always does. But Cummins isn’t waiting around as it charges into making hydrogen and fuel cells for trains, ships and trucks.
The European Competition Commissioner rejected the proposed merger of Alstom and Siemens’ rail businesses on the grounds that it would damage the market. But the German Government wants to change European competition law in a bid to create companies that are European champions.
Trains are easier to run with autonomous vehicle technology, so they should come before self-driving cars, right?
