Class I railroads CSX, CN, CP and KCS tout recognition for their sustainability efforts, while rail technology provider Wabtec gets a nod for its battery-electric locomotive.
Wabtec says the acquisition of Super Metal will expand the rail tech provider’s presence in international markets.
Railcar manufacturers expressed five themes in recent earnings calls. Their consensus: There is still much to be upbeat about.
News briefs involving short line acquisitions, Class I rail headcount in August and rail technology developments.
Improvements in rail service and “unparking” locomotives are market signals that could bode well for Wabtec in the back half of this year.
Companies tout it as ‘largest investment in modernized locomotives in rail industry history’
Union Pacific on Wednesday enlisted Wabtec to modernize 600 locomotives to improve fuel efficiency, reliability and haulage ability.
CN will implement Wabtec’s precision dispatch system over the next year.
This week’s rail news roundup includes CSX’s to offer SMART-TD members advance payments to improve relations and Wabtec’s latest acquisition.
Near-term deployment of long-term technologies such as automation isn’t as far away as one might think.
