Wabtec Celebrates the 1,000th Modernized Locomotive in the Americas
August 06 2021 - 1:30PM
Business Wire
- Locomotives reduced more than 1.4 million tons of
CO2
- Remanufacturing reused more than 100,000 tons of
steel
Wabtec (NYSE: WAB) celebrated today its 1,000th locomotive
modernization in North and South America. The milestone delivery to
Norfolk Southern highlights the commercial and environmental
success of Wabtec’s modernization program.
“This achievement is a testament to the value that our
locomotive modernization service provides to customers,” said
Pascal Schweitzer, President of Wabtec Freight Services “Our
modernization program breathes new life and technological
advancements into customers’ aging locomotives, while also reducing
a railroad’s operating costs and carbon footprint.”
The modernization program is a key component of Wabtec’s
sustainability efforts. Modernizations revitalize older locomotives
resulting in up to a 25-percent improvement in fuel efficiency;
more than a 40-percent increase in reliability; up to a 55-percent
increase in haulage ability; and up to a 20-percent reduction in
maintenance, repair, and overhaul expenses. The fuel efficiency
benefits of these 1,000 locomotives have reduced carbon emissions
by more than 1.4 million tons since 2015. That reduction is the
equivalent of removing the emissions from 340,000 cars.
Norfolk Southern accounts for 500 of the 1,000 locomotives
Wabtec has modernized. Each modernized locomotive in Norfolk
Southern’s fleet reduces more than 500 tons of carbon emissions per
year. With rail already four times more fuel efficient at moving
freight than trucking, the increased emission savings from
locomotive modernizations further helps Norfolk Southern and its
customers meet their sustainability targets.
“As a leading transportation provider, it is our responsibility
to reduce our environmental impact,” said Tom Schnautz, Vice
President – Advanced Train Control for Norfolk Southern. “Our
partnership with Wabtec is one way we plan to achieve our target of
a 42-percent reduction in emissions intensity by 2034. Wabtec’s
program is maximizing the value of our locomotives, lowering
operating costs, and reducing emissions.”
Wabtec’s modernization program also reduces emissions by reusing
the existing steel on the locomotive through a robust
requalification and remanufacturing process. More than half of a
locomotive’s critical components are reused, rebuilt, or
remanufactured at least three times over their useful life.
Wabtec’s locomotive plants in Erie, PA; Fort Worth; and Contagem,
Brazil have reused more than 100,000 tons of steel in modernizing
the 1,000 locomotives.
“The modernization program has been a tremendous success and has
created a new segment in the market. It is now a key pillar of
fleet management strategies for many railroads,” said Schweitzer.
“That is a tribute to our employees, suppliers and customers. From
product development to industrialization, their support was
essential in making this service such a success in the market.”
Wabtec’s modernization program updates aging locomotives with
customized solutions that range from simple changes like control
system upgrades to complex restorations, such as the comprehensive
transformation of an aged DC locomotive into an AC locomotive
outfitted with state-of-the-art digital technology.
About Wabtec
Wabtec Corporation (NYSE: WAB) is focused on creating
transportation solutions that move and improve the world. The
company is a leading global provider of equipment, systems, digital
solutions and value-added services for the freight and transit rail
industries, as well as the mining, marine and industrial markets.
Wabtec has been a leader in the rail industry for over 150 years
and has a vision to achieve a zero-emission rail system in the U.S.
and worldwide. The company has approximately 27,000 employees
located at facilities in 50 countries throughout the world. Visit
Wabtec’s new website at: www.wabteccorp.com.
About Norfolk Southern
Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s
premier transportation companies, moving the goods and materials
that drive the U.S. economy. Norfolk Southern connects customers to
markets and communities to economic opportunity, with safe,
reliable, and cost-effective shipping solutions. The company’s
service area includes 22 states and the District of Columbia, every
major container port in the eastern United States, and a majority
of the U.S. population and manufacturing base.
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version on businesswire.com: https://www.businesswire.com/news/home/20210806005323/en/
Wabtec Media Inquiries: Tim Bader, 682-319-7925 or
tim.bader@wabtec.com
Wabtec Investor Inquiries: Kristine Kubacki, CFA, 412-450-2033
or kristine.kubacki@wabtec.com
Norfolk Southern Media Inquiries: Media Relations, 404-420-4444
or media.relations@nscorp.com
Norfolk Southern Investor Inquiries Meghan Achimasi,
470-867-4807 or meghan.achimasi@nscorp.com
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