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

  • Magway delivers future of transport
    January 18, 2021
    A dramatic shift towards e-commerce and home working, plus the need for sustainable deliveries, means future cities are at a crossroads, says Phill Davies of Magway
    Read More
  • EBRD finances road repairs and upgrades in Eastern Europe
    July 15, 2016
    The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to US$86 million (€65 million) to Bosnia and Herzegovina to support an infrastructure programme aimed at repairing and upgrading the country’s road network, which has been damaged by severe floods in recent years. The improvements to the network will support regional connectivity, making it easier for domestic companies to transport their products to local and regional customers. Supporting regional integratio
    Read More
  • Government funding for Lincoln transport hub
    August 25, 2016
    The UK government has announced funding for the Lincoln transport hub, including a new bus station and 1,000 space car park. There will also be improvements to Lincoln Central railway station and a pedestrianised plaza connecting the bus and rail stations. As part of the upgrade, the new bus station will provide live travel information for both bus and rail passengers, while the 1,000 space multi-storey will have up to 32 electric vehicle charging points to power the next generation of vehicles. Cycle
    Read More
  • Smoothing out city freight movements
    May 28, 2014
    David Crawford welcomes a national first. Urban freight movements, while commercially and socially vital, are a growing logistical headache for planners and people alike. Figures from France’s Lyon Laboratory of Transport Economics indicate that goods transport in major urban areas accounts for: 20% of traffic; 35% of CO2 emissions made by all urban trips; and 50% of the diesel used; while final km delivery runs account for 20% of the total cost of the transport chain.
    Read More

Highlighted Content