Skip to main content

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

  • Active traffic management increases safety and capacity
    February 2, 2012
    WSDOT is deploying Active Traffic Management in order to increase safety and capacity on its strategic roads. WSDOT's Patricia Michaud elaborates
  • Indra wins in India with two transport and traffic contracts
    November 30, 2015
    Indra has increased its penetration of the Indian transport and traffic by winning two contracts with a total value of US$12.5 million to deploy its technology in the longest tunnel in Southeast Asia, between Chenani and Nashri, and in the Navi Mumbai metro system, in India's financial capital, both currently under construction. Under the first contract, Indra is responsible for the design, supply, set-up and rollout of the control system for the 9.2 km long tunnel and will equip the control center with
  • European public transport market expected to reach US$1.9 billion by 2016
    October 25, 2012
    According to a new research report from analysts Berg Insight, the European market for ITS systems for public transport is in a growth phase which will last for several years to come and by 2016 the market value for ITS systems deployed in public transport operations in Europe is expected to reach US1.9 billion by 2016. The report claims the fluctuating economic climate has in most countries had little effect on the market as the public investments which underpin a major part of the ITS initiatives have rem
  • Bombardier supplies 60 Aventra vehicles for London Rail Structure
    December 19, 2017
    Bombardier has signed a contract with Porterbook and C2c to supply 60 of its Aventra vehicles to be used on the C2c rail franchise from September 2021 with the intention of increasing capacity and improving journeys for commuters into London. The overall value of the rolling stock and maintenance and support services contract is valued £105m ($139m) and will run until November 2029.