Locomotive builder Wabtec’s revenue and profits increased in the fourth quarter, but the company’s stock tumbled 11% ...

Internationally, Wabtec recently received new locomotive orders worth $401 million from six customers, as well as a $248 million order for the Simandou mining project in West Africa. Most of ...

Wabtec Corporation (NYSE: WAB) announced Tuesday a $248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou (WCS, a Baowu & Winning joint venture ...

Story Highlights Wabtec Corp. secured a $248 million contract with a Guinea company. Trains will run on an under construction railway connecting an iron ore mine to Port of Morebaya. Wabtec will ...

as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and is the worldwide leader in the decarbonization of freight rail.

Wabtec and TRANSAP officials sign the deal for C30ACi locomotives, which are scheduled for delivery in 2026. Credit: Wabtec Corporation. US-based rail manufacturer Wabtec has secured an order from ...

Reports Q4 revenue $2.58B, consensus $2.62B. “The Wabtec (WAB) team delivered a strong 2024 as evidenced by higher orders, sales, margin expansion, increased earnings and robust cash flow ...

The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial ...

Overall, Wabtec (as it is also known) ended the quarter with a solid performance in margins and cash flow, reinforcing its strong market positioning. Westinghouse Air Brake Technologies ...

Wabtec has landed $248 million order for Evolution Series ES43ACmi ... The 385-mile, double-track, heavy-haul Transguinean Railway is under construction to connect the Simandou mine and the inland ...

There is a very high frequency of deaths that occur in the gold mining sector. The common cause is that of the wall collapsing from excessive water being used in the open pit. The current mining ...