Press Releases

Wabtec Finalizes $405-Million Locomotive Deal with Kazakhstan Temir Zholy

PITTSBURGH, Oct. 21, 2024 -- Wabtec (NYSE: WAB) announced today a $405-million agreement to supply Evolution Series ES44ACi locomotives to Kazakhstan Temir Zholy (KTZ). The new locomotives will upgrade KTZ’s aging fleet and support growing rail demand in the region.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-finalizes-405-million-locomotive-deal-with-kazakhstan-temir-zholy
Wabtec Secures a $277-Million Locomotive Order from SimFer (Rio Tinto JV) to Support the Simandou Iron Ore Project

PITTSBURGH, July 30, 2024 - Wabtec Corporation (NYSE: WAB) today announced an order for Evolution Series ES43ACmi locomotives from SimFer, a joint venture among the Government of the Republic of Guinea, Rio Tinto, and Chalco Iron Ore Holdings (CIOH). The order, valued at $277 million, will provide a locomotive fleet to service the rail operations for the Simandou high-grade iron ore project, located in the east of Guinea.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-secures-a-277-million-locomotive-order-from-simfer-rio-tinto-jv-to-support-the-simandou-iron-ore-project
Wabtec Expands Locomotive Services Capabilities in India as the Gooty Maintenance Shed in Andhra Pradesh Starts Operations

GOOTY, Andhra Pradesh, July 25, 2024 — Wabtec Corporation (NYSE: WAB) and Indian Railways celebrated the start of locomotive service operations at the Gooty Maintenance Shed in Andhra Pradesh, India. The shed expands Wabtec’s locomotive service capabilities in the southern part of the country and marks a new service model in India by leveraging existing Indian Railways infrastructure and staff.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-expands-locomotive-services-capabilities-in-india-as-the-gooty-maintenance-shed-in-andhra-pradesh-starts
Vale and Wabtec Sign an R$1.8B Services Agreement to Enhance Carajás Railway Locomotive Fleet

SÃO LUÍS (MA), Jun 4, 2024 - Vale and Wabtec Corporation (NYSE: WAB) announced today a master service agreement (MSA) to further increase the efficiency and operations of the Evolution Series (EVO) locomotive fleet on the Estrada de Ferro Carajás (EFC). The strategic 10-year deal, valued at R$1.8 billion, will optimize the maintenance services for Vale’s fleet increasing performance, reliability, and the potential for expanded freight transport on the EFC connecting the southeast of Pará to the capital of Maranhão, São Luís.

https://www.wabteccorp.com/newsroom/press-releases/vale-and-wabtec-sign-an-r18b-services-agreement-to-enhance-caraj-s-railway-locomotive-fleet
Wabtec Signs First Locomotive Deal with Grupo RAS in Uruguay

CONTAGEM, Brazil – March 12, 2024 – Grupo RAS, a Uruguay-based multinational integrated logistics leader with over 30 years of experience, announced today an order for three C23EMP locomotives from Wabtec Corporation (NYSE: WAB). This deal marks a crucial step for Grupo RAS as it enters the Uruguayan railway market.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-signs-first-locomotive-deal-with-grupo-ras-in-uruguay
MRS Orders 30 Wabtec Evolution Series Locomotives

RIO DE JANEIRO and PITTSBURGH, Feb 21, 2024 - MRS Logística (MRSA-MB) and Wabtec Corporation (NYSE: WAB) announced an agreement for 30 new Evolution Series locomotives. The deal is valued at approximately R$500 million with the first deliveries scheduled for 2024. The purchase is part of MRS’s railway fleet renewal strategy and reinforces the almost 30-year relationship between the two companies.

https://www.wabteccorp.com/newsroom/press-releases/mrs-orders-30-wabtec-evolution-series-locomotives
Wabtec and Roy Hill Unveil the First FLXdrive Battery Locomotive

ERIE, PA Oct. 31, 2023 – Wabtec and its launch customer, Roy Hill, a leading iron ore miner majority owned by Australia’s most successful private company, Hancock Prospecting, have celebrated the debut of the FLXdrive battery locomotive, the world’s first 100% battery-powered, heavy-haul locomotive for mainline service. The ceremony unveiled the unique, striking pink-colored locomotive at Wabtec’s design and development center in Pennsylvania in front of employees, customer executives, and government and community officials.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-and-roy-hill-unveil-the-first-flxdrive-battery-locomotive
Vale Partners with Wabtec on Alternative Fuels Study and Orders Three FLXdrive Battery-Electric Locomotives

RIO DE JANEIRO, July 13, 2023 - Vale announced a partnership with Wabtec Corporation (NYSE: WAB) to advance the decarbonization of the company's rail operations. The deal includes an order for three of Wabtec’s FLXdrive battery locomotives and a collaboration to test ammonia as a potential clean, alternative fuel to replace diesel.

https://www.wabteccorp.com/newsroom/press-releases/vale-partners-with-wabtec-on-alternative-fuels-study-and-orders-three-flxdrive-battery-electric-locomotives
Wabtec’s Certified Pre-Owned Program Wins Its Largest Order for 69 Locomotives from Six Genesee & Wyoming Railroads

PITTSBURGH, June 27, 2023 — Wabtec Corporation (NYSE: WAB) announced today its largest certified pre-owned locomotive order from six Genesee & Wyoming Inc. (G&W) subsidiaries – Buffalo & Pittsburgh Railroad; Chicago, Ft. Wayne & Eastern Railroad; Connecticut Southern Railroad; Indiana & Ohio Railway; New England Central Railroad and Providence and Worcester Railroad.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-s-certified-pre-owned-program-wins-its-largest-order-for-69-locomotives-from-six-genesee-wyoming-railroads
VLI Signs Contract for Nine Wabtec Locomotives

VLI – a logistics solutions company that operates ports, railways and terminals –signed a contract today for nine Wabtec Evolution Series locomotives (ES43BBI model), which will join the company's premium fleet for the transport of cargo on the Ferrovia Centro-Atlântica (FCA ). The order, valued at approximately R$200 million, represents another investment by VLI in the national rolling stock industry. The first locomotives are expected to be delivered in about 18 months.

https://www.wabteccorp.com/newsroom/press-releases/vli-signs-contract-for-nine-wabtec-locomotives
Wabtec Delivers the 500th Evolution Series Locomotive to Indian Railways

PATNA, India February 20, 2023 — Wabtec Corporation (NYSE: WAB) celebrated the delivery of the 500th Evolution Series Locomotive to Indian Railways. The celebration at Wabtec’s plant in Marhowra, Bihar marked another milestone in the 2015 $2.5 billion agreement as part of the Government of India’s Public Private Partnership ‘Make in India’ program to develop and supply 1,000 fuel-efficient, emission-compliant diesel-electric Evolution Series locomotives.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-delivers-the-500th-evolution-series-locomotive-to-indian-railways
Wabtec to Deliver Australia’s First Fleet of Modernised Locomotives to Fortescue

Wabtec Corporation has announced an agreement to modernise locomotives for Fortescue Metals Group (Fortescue), representing Wabtec’s delivery of the first fleet of modernised locomotives for an Australian customer.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-to-deliver-australia-s-first-fleet-of-modernised-locomotives-to-fortescue
Wabtec Introduces a New Sustainable, Heavy-Haul Locomotive to Brazil’s Freight Rail Market

Wabtec Corporation (NYSE: WAB) is introducing a new locomotive model to Brazil’s freight rail market with deliveries to Suzano, MRS and Rumo in late March and early April. The introduction of the ES44ACi diesel-electric locomotive provides Brazil’s railroads improved performance on their decarbonization journey.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-introduces-a-new-sustainable-heavy-haul-locomotive-to-brazil-s-freight-rail-market
Wabtec and BNSF Railway Biofuels Pilot to Advance Sustainability

Wabtec and BNSF Railway are partnering to advance sustainability in the rail industry with a new biofuel project aimed at quantifying the impact of alternative fuels on emissions, durability, and performance in Wabtec locomotives.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-and-bnsf-railway-biofuels-pilot-to-advance-sustainability
Wabtec and Union Pacific Railroad Partner to Reduce Emissions with Higher Biodiesel Blends

Union Pacific Railroad (NYSE: UP) will begin using a higher biodiesel blend in locomotives it acquired from Wabtec (NYSE: WAB). The new collaboration helps Union Pacific as it works to increase the percentage of low-carbon fuels consumed to 10% of its total diesel consumption by 2025 and 20% by 2030.

https://www.wabteccorp.com/newsroom/press-releases/wabtec-and-union-pacific-railroad-partner-to-reduce-emissions-with-higher-biodiesel-blends