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 ...
The 600km TransGuineen Railway, currently under construction, will connect the Simandou mine to the Port of Morebaya. WCS CEO Zhang Cheng said: “This locomotive order with Wabtec is another important ...
REPORTER AVA RASH HAS MORE. WABTEC SHOWING OFF THIS MASSIVE, FUTURISTIC VEHICLE IN DOWNTOWN PITTSBURGH. IT’S ALL PART OF ITS ADVANCED TECHNOLOGY TEAM, DISPLAYING THE FUTURE AND RAIL TECHNOLOGY.
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 ...
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 ...
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.