Supply Side: Railmark, Wabtec
Railmark Holdings, Incorporated turns 25. Also, Wabtec joins the Princeton E-filliates Partnership.
Railmark Holdings, Incorporated turns 25. Also, Wabtec joins the Princeton E-filliates Partnership.
Manufacturing operations at Wabtec Corp.’s Erie County, Pa., rail plant could end if a new labor agreement is not reached with some 1,400 striking union workers, County Executive Brenton Davis said Aug.
Wabtec “delivered another strong quarter” for the three months ending June 30, 2023, with double-digit earnings per share growth, said President and CEO Rafael Santana, who noted during a July 27 financial report that the “orders pipeline is expected to strengthen” in second-half 2023. The company also raised its full-year 2023 guidance.
CN on July 26 announced an order to enhance an additional 60 locomotives in its existing fleet through Wabtec’s modernization program, supporting the Class I railroad’s “commitment to drive growth in a sustainable manner and build success for customers, employees and communities.”
American Seating reveals plans for new headquarters. Also, Wabtec Corp. (Wabtec) will invest $2.7 million to increase capacity in Virginia’s City of Salem; and the Florida Department of Transportation (FDOT) partners with Smart North Florida and TRAINFO in a pilot program aimed to ease traffic congestion at a railroad crossing in San Marco, Fla.
CSX on July 14 reported that testing of 20% soybean oil-based fuel in a locomotive fleet serving Tampa, Fla.-based phosphate customer Mosaic, which began in 2022 to demonstrate the effectiveness of the B20 biodiesel blend in Wabtec FDL Advantage engines, “continues to yield impressive results.”
Wabtec Corporation is supplying three FLXdrive battery locomotives to global mining company Vale, and the two companies are teaming to test ammonia as an alternative fuel replacing diesel, they reported July 13.
Amtrak, BNSF, CSX and Union Pacific (UP) have each been recognized as a “Best Place to Work for Disability Inclusion” by the American Association of People with Disabilities (AAPD) and nonprofit Disability:IN, achieving high scores on the 2023 Disability Equality Index® (DEI).
Wabtec Corporation (Wabtec) announced July 10 that it has entered into a $190 million agreement with PT Imeco Inter Sarana (PT IMECO) to support PT Kereta Api Indonesia’s (PT KAI) 150 locomotive fleet.
Wabtec Corporation (Wabtec) on July 6 announced that it has won a contract to supply passenger information systems (PIS) and pantographs for up to 504 Stadler cars as part of the VDV Tram-Train project.