Wabtec
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News
Wabtec to reduce headcount as rail industry copes with lower volumes
The rail equipment and technology provider is one of many companies that have laid off or furloughed employees because of the lower-volume environment exacerbated by…
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Business
PINC parent company acquires Wabtec TMS
Digital yard management company continues summer growth streak.
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American Shipper
Port of LA gives The Signal to cargo stakeholders
Information sharing is part of Executive Director Gene Seroka’s quest for more efficient operations.
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News
Settlement in $48.9 million class-action suit against railway suppliers approved
A district court judge has signed off on a $48.9M class-action settlement for employees of two of the nation’s largest railway suppliers that are alleged…
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Rail
CN, Wabtec appoint new chief technology officers
Wabtec’s former chief technology officer departs for CN; Wabtec appoints a new leader to the role.
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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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