Press Releases

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.

Wabtec Corporation (NYSE: WAB), a leading technology supplier for the freight and transit rail industries, inaugurated today the Wabtec India Engineering and Technology Center (WITEC) in Bengaluru. The company’s new center is a world-class facility designed to support growth and innovation.

Wabtec Corporation (NYSE: WAB) today announced a strategic initiative with Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, to transition business-critical applications of the global logistics leader, to cloud. This is part of Wabtec’s recent merger with GE Transportation.

Wabtec Corporation (NYSE: WAB) was selected to provide fully integrated Positive Train Control (PTC), digital imaging, and data transfer and analytics capabilities for Iowa Northern Railway Company, marking Wabtec’s first such deal since closing its merger with GE Transportation. Under the contract, Wabtec will provide an integrated offering, including its Interoperable Electronic Train Management System (I-ETMS®) PTC safety-overlay solution, LDRS-V video recorder, training, and system integration services across Iowa Northern Railway’s entire locomotive fleet.

Wabtec (NYSE: WAB) was selected to implement the Positive Train Control (PTC) system for the New Mexico Rail Runner Express (NMRX), in an order worth $55 million. Building on ongoing design work, Wabtec will provide full system integration for deployment of PTC on NMRX’s full fleet of 18 locomotives/cab cars and nearly 100 miles of track extending from Belen to Santa Fe.

Today GE Transportation (NYSE:GE) is celebrating the 50th anniversary of its patented LOCOTROL® technologies, moving freight worldwide with the industry’s leading Distributed Power control and communication system.

GE Transportation (NYSE:GE), a global technology leader and supplier of equipment, services and digital solutions to the rail, mining, marine, stationary power and drilling industries, announced today that it has joined the Blockchain in Transport Alliance(BiTA). BiTA is the transportation and logistics industry’s leading trade association for blockchain education and standards development.