Union Pacific Inks $1.2B Locomotive Modernization Deal With Wabtec
Key Takeaways Union Pacific struck a $1.2B agreement with Wabtec to modernize a locomotive fleet. WAB gains revenue visibility as the deal delivers fuel savings, higher tractive effort and reliability. UNP targets efficiency, sustainability, and asset life extension by embedding diagnostics and control.Union Pacific(UNP) is doubling down on large-scale fleet modernization with its $1.2 billion agreement with Westinghouse Air Brake Technologies (WAB) , operating as Wabtec Corporation, a move that signals a ...