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

  • Rail industry, regulators debate feasibility of PTC
    March 10, 2014
    US rail industry officials and federal accident regulators have disagreed about the viability of a looming mandate that most US railways be equipped with automated control systems by the end of next year. Congress is requiring that most major railroad companies install automated systems known as positive train control (PTC) by December 2015. Automated train systems have gained renewed attention after a spate of high-profile accidents on passenger and freight railways, including most recently a Decem
  • Indra’s railway control technology to be installed on Spanish rail lines
    July 22, 2014
    Indra is to deploy its advanced railway control, security and signalling technology on the high-speed rail lines between Valladolid and Leon and Venta de Baños and Burgos in Spain. The contract, worth more than US$47 million also includes facility maintenance. Indra will deploy the centralised traffic control system on the new line, together with auxiliary detection systems and security sensor concentrators, based on an innovative Indra safety platform. This is the vital processing system that guarantee
  • Growth of fleet management systems in Russia/CIS and Eastern Europe
    July 4, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Russia/CIS and Eastern Europe was 2.9 million in the fourth quarter of 2013. Growing at a compound annual growth rate (CAGR) of 15.7 per cent, this number is expected to reach 5.9 million by 2018. The Russian market accounts for a significant share of the region’s total installed base. The top ten providers of fleet management solutions for commercial v
  • Major car makers opt for TomTom
    March 4, 2015
    TomTom has announced new deals with motor manufacturers Kia Motors Europe, Fiat/Chrysler in Latin America and Hyundai in Europe. Starting in summer 2015, the company will integrate its connected services, including TomTom Traffic, speed cameras, local search and weather, in new Kia cars, beginning with the Kia cee’d and Kia Optima, and in Hyundai cars starting with the launch of the All-New Tucson SUV in the second half of 2015. Kia and Hyundai customers will benefit from the delivery of TomTom’s connected