Wabtec
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Company earnings
Wabtec anticipates volume recovery later this year
Multimillion-dollar backlog will help the rail equipment and locomotive manufacturer stay afloat, executives said.
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News
Wabtec seeks global opportunities amid North American rail slump
The rail equipment and locomotive manufacturer eyes freight opportunities abroad amid a sluggish North American freight rail market.
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News
Freight sales boost Wabtec’s fourth-quarter profits
The rail equipment and locomotive manufacturer benefits from its merger with GE Transportation.
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News
Wabtec buys Iowa locomotive builder and repairer
Wabtec says the $29 million acquisition of RELCO will expand its freight services offerings.
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Company earnings
Wabtec looks to international opportunities amid sluggish North American market
The rail equipment and technology manufacturer sees international opportunities as an area for business to grow.
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News
Wabtec to consolidate Boise and Erie operations
The rail equipment manufacturer will close its Boise facility and move operations to Erie.
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News
How can railroads and shippers use technology to bolster service and capacity?
“If a shipper can share some of its production forecast information to railroads, railroads can plan better to meet that capacity. Conversely, if railroads can…
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Company earnings
Wabtec lowers its sales expectations for 2019
Train products manufacturer and supplier Wabtec lowered its sales guidance for 2019 but kept its projections for how much profit it expects to make from…
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Asia-Pacific
Rio Tinto’s autonomous trains can’t work in North America…yet
Autonomous trains might be fully running in remote Australia, but it will take awhile before those kinds of trains will be rolling down the North…
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Intermodal
Rail equipment sector eyes mergers, lease renewal rates
A number of rail equipment lessors and manufacturers have been merging and consolidating in recent months as a way to leverage themselves against marketplace changes…
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