Wabtec revenue and profits increase while order backlog grows

Locomotive cabs in primer paint on factory floor

PITTSBURGH — Wabtec reported higher quarterly revenue and earnings today thanks to growth in its freight and transit business segments. “The Wabtec team has started the year strong, delivering over 20% in earnings per share growth and highlighting the continued business momentum across both the Freight and Transit segments,” CEO Rafael Santana said. Operating income […]

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Mount Vernon Railroad launches service at Indiana port

MOUNT VERNON, Ind. — The Mount Vernon Railroad, a partnership between OmniTRAX and the Ports of Indiana-Mount Vernon, marked its grand opening on Tuesday with ceremonies including a ribbon cutting and a visit by local elementary school students to see the two locomotives they named in a context. OmniTRAX will serve as switching operator for the […]

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FRA, Amtrak revise plans for rehabilitation of Dock Bridge

Aerial view of steel railroad lift bridge

WASHINGTON — The Federal Railroad Administration and Amtrak will cut some elements from a planned rehabilitation of the Northeast Corridor’s Dock Bridge over the Passaic River in New Jersey, reducing the cost of the project by $140 million. Transportation Secretary Sean P. Duffy said in a press release that “refocusing” the project “will fast-track a […]

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