Press Releases

PITTSBURGH, Feb. 13, 2024 — Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services. The agreement will transform the remaining AC4400 locomotives in CSX’s fleet providing improved fuel efficiency, reliability, utilization, and tractive effort.

PITTSBURGH, January 17, 2024 – Wabtec’s (NYSE: WAB) Trip Optimizer surpassed a major milestone as railroads used the energy-management software to efficiently operate their trains for more than 1 billion auto miles, the equivalent of more than 40,000 trips around the Earth. The 12,000 locomotives worldwide using the Trip Optimizer system accounted for significant reductions in fuel consumption and emissions for the rail industry.

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.

PITTSBURGH, July 24, 2023 – Wabtec (NYSE: WAB) Digital Mine, a leading provider of innovative mining solutions, announced the company received a series of orders for 3,500 of its new Generation 3 Collision Avoidance System (Gen 3 CAS) from three major global mining companies. The capabilities of the new system will drive performance and safety improvements at the customers’ mining operations.

BRISBANE, June 06, 2023 – Wabtec (NYSE: WAB) Digital Mine is setting a new global industry benchmark for workplace safety with the launch of its latest Generation 3 Collision Avoidance System (CAS). The new system will enhance safety and productivity, as well as provide a new level of performance with a rules and intelligence capability.

PITTSBURGH, Sept. 20, 2022 — Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdriveTM battery-electric shunters and modernization work to transform the mainline fleet into NextFuelTM liquid natural gas-powered (LNG) locomotives. The investment marks the largest sustainable technology agreement by the CIS railroad, and will further revolutionize KTZ’s mainline and yard operations, while significantly reducing greenhouse gas emissions and operating costs.

Wabtec Corporation has acquired Collins Aerospace’s ARINC rail solutions business segment, a provider of intelligence-based rail dispatch and back office solutions. The financial terms of the acquisition were not disclosed.

Wabtec has launched its new Precision Dispatch System (PDS) with an order from CN. The Precision Dispatch deal marks a major step toward network automation for CN and the entire rail industry.

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.