Tag: Business Wire News Releases

Sep 20

Wabtec and Kazakhstan Temir Zholy Sign $600 Million Memorandum of Understanding for FLXdriveTM Battery-Electric Shunters and NextFuelTM Liquid Natural Gas-Powered Locomotives

Article content PITTSBURGH — Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdriveTM battery-electric shunters and modernization work to transform the mainline fleet into NextFuelTM liquid natural gas-powered (LNG) locomotives. The investment marks the largest sustainable technology agreement by the CIS railroad, and will further revolutionize […]