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

  • STV selected to design Massachusetts rail extension
    May 10, 2018
    Transport design firm STV has been chosen as lead designer for the Massachusetts Bay Transportation Authority’s (MBTA’s) $1.3bn Green Line Light Rail Extension (GLX). MBTA expects the 4.3 mile expanded route to reduce up to 26,000 regional daily vehicle miles travelled, improving air quality and reducing congestion. Once completed, the increased line will provide commuters in Cambridge, Somerville and Medford with journeys to downtown Boston. Construction is expected to begin later this year, with the se
    Read More
  • Iteris first quarter 2015 revenues up
    October 17, 2014
    Iteris has reported total revenues of US18.1 million for its fiscal first quarter 2015, up six per cent over the same quarter a year ago. This was primarily driven by a 20 per cent increase in roadway sensors. iPerform revenues were also up 15 per cent, while transportation systems revenues were down seven per cent, but added US$10.1 million in new contracts The increase in roadway sensors revenues was largely attributable to the success of various growth initiatives, including increases in the distribut
    Read More
  • Alstom opts for TagMaster RFID systems
    February 18, 2013
    Sweden’s supplier of RFID solutions for rail applications, TagMaster, has been awarded a major new contract by Alstom Transport in France to develop and supply RFID systems to Alstom’s signalling division. Both companies have signed an agreement that will see TagMaster develop a customised version of its heavy duty (HD) RFID reader which, together with HD ID tags, will be used to provide positive train detection functionality as a sub-system in the Alstom Urbalis communications based train control (CBTC) si
    Read More
  • Connecting people and mobility
    February 3, 2012
    Stéphane Petti, Business Development Manager - Automotive, at Orange Business Services' International M2M Center, says that the ITS industry can no longer afford to ignore the telecommunications industry's role in connecting people and mobility services. To telephone companies (telcos), the Machine-to-Machine (M2M) sector is nothing new. Worldwide, they have been focusing considerable attention on M2M in all its sub-segments for several years now. It is the migration of M2M from fixed to wireless connectivi
    Read More

Highlighted Content