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

  • Sensys Traffic to acquire Gatso
    June 23, 2015
    Sensys Traffic is to acquire Dutch enforcement company Gatso in a deal worth around US$33.9 million. Sensys’ acquisition of Gatso and the merger of the operations the two companies will create the largest supplier of traffic enforcement equipment with a strong presence in Europe, the Middle East, Asia and Australia, as well as the North American managed services market. The combined company will operate under the name Sensys Gatso Group, with an installed base of 18,000 systems and 202 employees. The
  • Uganda toll road secures funding
    February 27, 2017
    The European Union, International Finance Corporation, France’s AFD and African Development Bank have committed to funding of up to US$400 million for the US$1.1-billion project to construct the 77-kilometre tolled highway in Uganda, according to Engineering News-Record. The private sector will provide an additional US$300 million. The road will link the capital Kampala to the industrial eastern city of Jinja and is designed to speed up freight flow to landlocked Rwanda, eastern Democratic Republic of Co
  • Parliamentary council urges UK gov to support EC safety proposals
    May 18, 2018
    A key UK safety body is calling for legislative action on European Commission vehicle safety proposals. The Parliamentary Advisory Council for Transport Safety (PACTS) wants the EC’s third mobility package to be adopted by the UK government. These measures are part of the Juncker Commission’s initiative to implement less polluting vehicles in Europe and provide more advanced technological solutions. This package outlines a new road safety policy framework for 2020-2030 and is accompanied by two legislativ
  • Freight poses growing problem for city authorities
    March 3, 2017
    Wes Guckert considers possible solutions and countermeasures to the problems of increased freight deliveries in growing cities. In January 2016, the US Department of Transportation (USDoT) conducted a session on the SmartCity Challenge and Urban Freight and Logistics. This session was a follow-up to the USDoT report titled, Beyond Traffic 2045.