Westinghouse Air Brake Technologies : 12/13/2017 Wabtec Signs Contract Worth $5 Million To Provide Yard Train Control For RUMO In Brazil
December 13, 2017 at 02:14 pm
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WILMERDING, PA, December 13, 2017 - 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.
Wabtec Corporation published this content on 13 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 December 2017 14:13:05 UTC.
Original documenthttps://www.wabtec.com/press-releases/8394/wabtec-signs-contract-worth-5-million-provide-yard-train-control-rumo-brazil
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Westinghouse Air Brake Technologies Corporation is one of the world's leading suppliers of value-added technological equipment, systems and services for the transportation sector. The activity is aorganized primarily around 4 families of products and services:
- electronics and special products: including electronic positive train control and pneumatic braking systems, event recorders, monitoring equipment, couplings, gears, couplers, air compressors and heat exchangers;
- transit products: heating, ventilation and air conditioning equipment, doors for buses and metro cars, pantographs, window assemblies, couplers, traction motors, etc.;
- brake components and friction products;
- refurbishment, overhaul and construction services: suburban locomotive construction and switching, overhaul and refurbishment of buses, subway cars and locomotives.
Net sales per market are divided between rail freight transport (71.9%), bus, metro and high-speed train transport (28.1%).
Net sales are distributed geographically as follows: the United States (47%), North America (9.1%), Europe (17%), South America (3.6%), Africa (1.1%) and other (22.2%).