Wabtec to manufacture brake equipment for GATX Rail Europe

Wabtec Corporation has signed a contract to manufacture brake equipment for freight cars to be purchased by GATX Rail Europe, a leading European rail equipment lessor. Under the contract, which is expected to last several years and has a value of about US$18 million, Wabtec will provide various models of brake systems which will be manufactured by Wabtec units in Europe.
July 30, 2012 Read time: 1 min
6079 Wabtec Corporation has signed a contract to manufacture brake equipment for freight cars to be purchased by GATX Rail Europe, a leading European rail equipment lessor. Under the contract, which is expected to last several years and has a value of about US$18 million, Wabtec will provide various models of brake systems which will be manufactured by Wabtec units in Europe.  

For more information on companies in this article

Related Content

  • Long-range electric vehicles ‘set to gain popularity globally’
    April 22, 2015
    According to new analysis from Frost & Sullivan, the global electric vehicles (EV) market has made huge progress, with more than 55 models now available globally. Currently, over 70 per cent of the models on the market are battery EVs (BEVs) and approximately 25 per cent are plug-in hybrid EVs (PHEVs). Nevertheless, the number of PHEVs is likely to increase over the next three to four years. The market will see greater demand for longer-range vehicles that allow customers to drive up to and past the pure EV
    Read More
  • European, Australian companies to collaborate on V2I
    October 8, 2015
    Siemens, Cohda Wireless and NXP Semiconductors are to partner on vehicle to infrastructure (V2I) technology, a part of cooperative intelligent transport systems (C-ITS), which share information between vehicles and roadside infrastructure such as traffic lights. This increases the quality and reliability of information available to drivers about their immediate environment, other vehicles and road users. Under the agreement, Cohda Wireless will develop and produce V2I roadside units (RSUs) for Siemens, e
    Read More
  • Future traffic management needs new thinking, new technology
    January 23, 2012
    One of the biggest problems facing US ITS professionals, says Georgia DOT's Hugh Colton, is the constrained thinking which is sometimes forced upon those making procurement decisions. It is time, he says, to look again at how we do things. In the November/December 2010 edition of this journal, Pete Goldin interviewed Joseph Sussman, chairman of the US's ITS Program Advisory Committee. Amongst other observations that Sussman made was that, technologically, ITS in the US is 10 years behind that in the world-l
    Read More
  • Cubic awarded London ticketing contract
    July 30, 2014
    Transport for London (TfL) has confirmed the award of its Electra ticketing and fare collection contract, starting in August 2015, to Cubic Corporation’s UK subsidiary Cubic Transportation Systems following a competitive tender. The seven-year contract is valued at over US$700 million and includes an option to extend the contract for a further three years, giving the contract an expected value of over US$1 billion. The announcement means the continuation of the partnership between TfL and Cubic which ha
    Read More

Highlighted Content