Wabtec

Digital yard management company continues summer growth streak.

Information sharing is part of Executive Director Gene Seroka’s quest for more efficient operations.

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 to have engaged in no-poaching agreements.

Wabtec’s former chief technology officer departs for CN; Wabtec appoints a new leader to the role.

Multimillion-dollar backlog will help the rail equipment and locomotive manufacturer stay afloat, executives said.

The rail equipment and locomotive manufacturer eyes freight opportunities abroad amid a sluggish North American freight rail market.

The rail equipment and locomotive manufacturer benefits from its merger with GE Transportation.

Wabtec says the $29 million acquisition of RELCO will expand its freight services offerings.

The rail equipment and technology manufacturer sees international opportunities as an area for business to grow.

The rail equipment manufacturer will close its Boise facility and move operations to Erie.

“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 open up and show where their empty railcars are to the shipper so that the shipper has a bit more confidence that the right number of railcars are going to show up, then the shipper can more confidently choose rail.”

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 its operations.

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 American countryside.

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 brought about by precision scheduled railroading. Meanwhile, industry observers are watching whether railcar utilization grow in 2019.