Press Releases

Wabtec Appoints Byron Foster to Board of Directors

Wabtec Corporation (NYSE: WAB) announced today the appointment of Byron Foster to its Board of Directors, effective immediately.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-appoints-byron-foster-to-board-of-directors
Wabtec Announces Second Quarter 2021 Earnings Release Date

Wabtec Corporation (NYSE: WAB) announced it will report 2021 second quarter results before the U.S. financial markets open on July 29, 2021.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-announces-second-quarter-2021-earnings-release-date
CSX and Wabtec Partner to Drive Sustainable Transportation Solutions

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.

https://www.wabteccorp.com/de/newsroom/press-releases/csx-and-wabtec-partner-to-drive-sustainable-transportation-solutions
Wabtec Reduces Emissions at Port of Kiel in Germany with Shore Power Solutions

Wabtec Corporation (NYSE: WAB) and the Port of Kiel celebrated today the installation of a sustainable shore power solution to support cruise operators. ShoreCONNECT has potential to reduce nearly all emissions from cruise ships by providing shore power while berthing at the port.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-reduces-emissions-at-port-of-kiel-in-germany-with-shore-power-solutions
Wabtec and GM to Develop Advanced Ultium Battery and HYDROTEC Hydrogen Fuel Cell Solutions for Rail Industry

Wabtec Corporation (NYSE: WAB) and General Motors (NYSE: GM) today announced they will collaborate to develop and commercialize GM’s Ultium battery technology and HYDROTEC hydrogen fuel cell systems for Wabtec locomotives.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-and-gm-to-develop-advanced-ultium-battery-and-hydrotec-hydrogen-fuel-cell-solutions-for-rail-industry
Wabtec Begins Operations at Neighborhood 91 Additive Hub

Wabtec Corporation (NYSE: WAB) celebrated today the start of operations at Neighborhood 91, the additive manufacturing production campus at Pittsburgh International Airport’s Innovation Campus. The new 11,000-sq-ft facility builds upon Wabtec’s efforts to drive innovation in the rail industry through its growing additive manufacturing capabilities.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-begins-operations-at-neighborhood-91-additive-hub
Wabtec Announces Pricing of €500 Million Senior Notes Offering

Wabtec Corporation (NYSE:WAB) (“Wabtec”) and Wabtec Transportation Netherlands B.V. (the “Issuer”), a wholly owned subsidiary of Wabtec, have announced the pricing of the Issuer’s public offering of €500 million aggregate principal amount of 1.250% Senior Notes due 2027 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Wabtec.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-announces-pricing-of-500-million-senior-notes-offering
Driving Efficiency in Rail Transportation Management: Online Inventory

Learn how the modernization of RailConnect™ Transportation Management is improving railroad process efficiencies

https://www.wabteccorp.com/de/newsroom/press-releases/driving-efficiency-in-rail-transportation-management-online-inventory
Wabtec introduces Green Financing instruments to accelerate sustainable solutions in passenger and freight rail

Wabtec Corporation (NYSE: WAB) published today its Green Finance Framework, supported by a second-party opinion from Sustainalytics, a Morningstar Company and a globally-recognized provider of ESG research, ratings and data. The company will utilize green financing instruments to accelerate the development of technologies that enable sustainable value creation for both the passenger and freight rail sectors.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-introduces-green-financing-instruments-to-accelerate-sustainable-solutions-in-passenger-and-freight-rail
Wabtec’s All-Battery Locomotive, FLXdrive, Lowers Freight Train’s Fuel Consumption by More Than 11 Percent in California Pilot

Wabtec Corporation (NYSE: WAB) announced today a rail industry first as its FLXdrive battery-electric locomotive delivered more than an 11-percent average reduction in fuel consumption and greenhouse gas emissions for an entire train. It is the equivalent of over 6,200 gallons of diesel fuel saved and approximately 69 tons of CO2 emissions reduced.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-s-all-battery-locomotive-flxdrive-lowers-freight-train-s-fuel-consumption-by-more-than-11-percent-in-california
Wabtec Supports Delhi-Meerut Regional Rapid Transport System with Major Components

Wabtec Corporation (NYSE: WAB) announced today it will support the Delhi-Meerut Regional Rapid Transport Systems (RRTS) with critical component orders valued at about $15 million for new rolling stock. The company will supply advanced technology brake systems, pantographs, roof disconnector switches and fully integrated passenger information systems to Alstom, which is building the coaches for the project.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-supports-delhi-meerut-regional-rapid-transport-system-with-major-components
Wabtec Reports First Quarter 2021 Results; Updates 2021 Guidance

Wabtec Corporation (NYSE: WAB) today reported first quarter 2021 earnings per diluted share of $0.59 and adjusted earnings per diluted share of $0.89, versus earnings per diluted share of $0.58 and adjusted earnings per diluted share of $0.97 a year ago. Total sales were $1.8 billion and cash from operations was strong at $292 million.

https://www.wabteccorp.com/de/newsroom/press-releases/wabtec-reports-first-quarter-2021-results-updates-2021-guidance