Press Releases

Wabtec Corporation announced today the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The acquisition is subject to customary closing conditions and financial terms were not disclosed.

Wabtec Corporation has been awarded a contract from Central Organisation For Modernisation Of Workshops (COFMOW), Indian Railways for its Online Monitoring of Rolling Stock (OMRS) project. The new automated OMRS system is part of Indian Railways’ “SMART Yard” initiative and will improve the availability of the railway’s fleet of coaches, wagons, and locomotives by detecting and addressing defects, preventing in-service failures.

Itus Digital and Wabtec today announced a partnership to deliver Asset Performance Management (APM) solutions to the mining industry. The solution combines Itus's APM platform with Wabtec's mining equipment expertise and enables mining organizations to deliver predictable production, optimize maintenance activities and reduce operational risk.

PITTSBURGH October 21, 2021 - Wabtec Corporation (NYSE: WAB) announced today an order to improve passenger experience, reliability, and safety for Metra, the commuter rail system in the Chicago metropolitan area serving the city of Chicago and its surrounding suburbs. The contract includes the latest brakes, passenger access doors, heating, ventilation, and air conditioning (HVAC), and event recorder solutions for 200 new rail cars.

Wabtec announced today that it has signed a memorandum of understandings (MOU) with Carnegie Mellon University and Genesee & Wyoming Inc. (G&W), which formalizes their joint aim to create technologies that will decarbonize freight rail transport, improve freight safety, and generate greater rail network utilization.

Learn how Wabtec digital technologies are helping railroads to effectively utilize data and analytics to drive competitive advantages.

In today’s automated economy, there is a growing expectation among shippers for digital tools to support business needs. One of the challenges shippers have is knowing when railcars will arrive. Railroads that can help shippers track and organize railcar shipments unlock growth potential by making rail easier to use.

CSX Corporation (NASDAQ: CSX) and Wabtec (NYSE: WAB) are partnering to accelerate sustainable rail by modernizing locomotives across CSX’s fleet and implementing advanced digital technologies to deliver significant fuel efficiency and emissions reductions for CSX’s rail operations. The partnership will help CSX in their commitment to reduce greenhouse gas emissions intensity by 37 percent by 2030.

Learn how the modernization of RailConnect™ Transportation Management is improving railroad process efficiencies

Designed to help railroads achieve speed, efficiency, consistency, and visibility in scheduling for improved performance.

Classification Yard Planner combines dynamic planning tools, increased visibility, and powerful decision support to unlock productivity and network efficiency.

PITTSBURGH and GOTHENBURG, Sweden, November 17, 2020 – Wabtec (NYSE: WAB) has signed an agreement with the Port of Gothenburg to implement Port Optimizer™, a first-of-its-kind information portal designed to digitize maritime shipping data for cargo owners and supply chain stakeholders through secure, channeled access. The agreement marks the first use of Port Optimizer by a European port.

Wabtec (NYSE: WAB) has signed an agreement with the New Mexico Rail Runner Express (NMRX) to upgrade the wireless network of NMRX’s commuter fleet, in cooperation with Wabtec’s strategic networking technology partner, Rajant Corporation. This order is the first for Wabtec and Rajant since forming their strategic partnership to accelerate wireless technology for the global rail industry.

Wabtec Corporation’s (NYSE: WAB) Trip Optimizer system surpassed a milestone as railroads utilized the energy management system to operate their trains for more than 500 million auto miles. The system greatly reduces emissions and fuel costs for railroads worldwide.

Wabtec (NYSE: WAB) secures agreements worth $120M to implement signaling and train control systems for Virgin Trains USA. The project is a unique high-speed signaling and train control application for the North America market.