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

  • Corporate car sharing fleets set to reach 85,000 vehicles in 2020
    February 24, 2014
    A recent analysis from Frost & Sullivan estimates the number of vehicles in car sharing fleets to stand at around 2,000 in 2013 and forecasts that by 2020 there could be between 75,000 and 100,000 of such vehicles in operation, as providers such as OEMs, leasing arms, rental companies, car sharing organisations (CSOs) and technology providers continually enter the market and expand geographically with competing solutions. With more than half of European automobile sales now accounted for by fleet sales, set
  • Los Angeles Metrolink debuts mobile ticketing
    March 7, 2016
    Los Angeles Metrolink has launched the first version of its mobile ticketing app, which will allow its passengers the option to purchase tickets via a smartphone, tablet or other mobile device for the first time in the agency's 23-year history. The Metrolink mobile app utilises the Masabi JustRide mobile ticketing system, which is used by other transportation providers across the US and Europe. Metrolink will test the app and enable passengers to purchase tickets on the Inland Empire-Orange County L
  • Indra to modernise CCTV surveillance for Sydney rail network
    December 14, 2015
    Sydney Trains, which provides railway services in the city of Sydney and surrounding area, has awarded Indra a contract valued at around US$52.6 million to modernise the railway network video surveillance system, using state-of-the-art technology. The project is expected to be completed within five years and includes maintenance for three years. Indra will fully equip two control centres using closed-circuit television (CCTV) in a network of over 150 commuter stations, and will install state-of-the-art o
  • Tri-nation cooperation on C-ITS Corridor
    June 20, 2016
    In the European C-ITS Corridor project, authorities from three countries are working with the automotive industry on the deployment of Cooperative (V2X) Systems. Cooperative Intelligent Transport Systems/Services (C-ITS) has the potential to improve road safety, transport efficiency and environmentally friendly mobility, as well as creating additional services and new business models. A set of international standards have been developed to provide the technical basis for the deployment of Cooperative ITS.