13.02.2024 13:56:01 - dpa-AFX: Wabtec Extends Deal With CSX To Modernize Over 200 Locomotives

WASHINGTON (dpa-AFX) - Tuesday, Wabtec (WAB) announced an extension of its
modernization deal with CSX Corp. (CSX). The new agreement involves upgrading
over 200 locomotives, in addition to the 260 already ordered by CSX.

The agreement aims to equip the remaining AC4400 locomotives in CSX's fleet with
Wabtec's hardware innovations, including the FDL Advantage engine upgrade and
digital solutions like Locotrol Expanded Architecture.

These upgrades are expected to result in up to 8 percent fuel savings and 170
tons of carbon reduction per locomotive annually. It will also extend the
locomotives' lifespan, improve reliability by up to 35 percent, and tractive
effort by up to 14 percent, and enhance availability and capabilities while
reducing operating costs.

Wabtec is set to carry out the modernization work at its locomotive plants in
the United States between 2024 and 2028.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CSX Corp 865857 NASDAQ 34,540 09.05.24 20:01:19 +0,320 +0,94% 34,530 34,540 34,220 34,220
Wabtec 896022 NYSE 167,300 09.05.24 20:01:18 +1,740 +1,05% 167,250 167,340 165,260 165,560

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