Wabtec announced it will provide brakes and couplers for 640 MTA New York City Transit, or NYCT, train cars via its client Kawasaki Rail Car, Inc. The multi-million-dollar order for service-proven equipment provides seamless interoperability with other subway fleets in the New York City Transit System. The commonality of brake control components across the fleets benefits the transit authority with maintainability and inventory advantages.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on WAB:
- WAB Earnings this Week: How Will it Perform?
- North American rail traffic down 2.1% for the week ending October 14
- North American rail traffic up 0.5% for the week ending October 7
- North American rail traffic up 1% for the week ending September 30
- North American rail traffic up 1.7% for the week ending September 23