Press Releases

Wabtec Announces Railcar Telematics Platform

PITTSBURGH, December 14, 2023 – Wabtec (NYSE: WAB) announced today its entrance into the railcar telematics market via an agreement with Intermodal Telematics B.V. (“IMT”), a Dutch company, under which Wabtec will create a railcar telematics platform using IMT technology. Wabtec’s new railcar telematics platform will deliver real-time information to railcar and tank container owners and operators, allowing them to turn rail cargo into smart, connected assets.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-announces-railcar-telematics-platform
Wabtec Expands Services Capabilities with Acquisition of RELCO Locomotives

Wabtec Corporation (NYSE: WAB) announced today it has acquired RELCO Locomotives, a long-established player in the locomotive overhaul and maintenance industry. The acquisition expands Wabtec’s freight services capabilities and capacity to support growth in the remanufacturing and repair business.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-expands-services-capabilities-with-acquisition-of-relco-locomotives