Wabtec Signs Contract Worth $5 Million To Provide Yard Train Control For RUMO In Brazil
December 13 2017 - 8:00AM
Wabtec Corporation (NYSE:WAB) has signed a contract worth about $5
million to design, install, test and commission a yard train
control solution for RUMO, one of the largest freight railroads in
Brazil.
Under the contract, Wabtec will provide its Train Management
& Dispatching System (TMDS) associated with wayside signaling
interlocking, training and systems integration. Installation is
expected to be completed by the end of 2018, providing increased
safety and efficiency to one of the main ports in Brazil.
The initiative will allow the port, located in Santos, São Paulo
state, to prepare for future technology upgrades and to integrate
with other railroads. In doing so, it will become an
essential interoperable point to Brazil’s railroads.
Raymond T. Betler, Wabtec’s president and chief executive
officer, said: “Wabtec’s relationship with RUMO is extremely strong
as a result of the Freight Products and Services for both cars and
locomotives that we have been supplying for decades. The addition
of this Train Control Contract allows for even greater
collaboration while providing innovative railway solutions that
reinforce our position as a leading technology supplier in the
region”.
RUMO operates more than 7,000 miles of track along the western
and southern areas of Brazil. It is the primary freight
railroad connecting the geographical regions producing sugar,
grains, ethanol, cellulose and paper to other railroads and ports
for naval exporting.
Wabtec Corporation (www.wabtec.com) is a leading global provider
of equipment, systems and value-added services for transit and
freight rail. Through its subsidiaries, the company
manufactures a range of products for locomotives, freight cars and
passenger transit vehicles. The company also builds new switcher
and commuter locomotives, and provides aftermarket services. The
company has facilities located throughout the world.
Contact:
Richard J. Stimel Phone: +
1 412 825 1423E-mail: rstimel@wabtec.com
Charlotte Rougeron
Phone: + 33 1 48 13 65 11
Email: charlotte.rougeron@wabtec.com
Wabtec Corporation1001 Air Brake AvenueWilmerding, PA
15148Website: www.wabtec.com
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