Rail News

Wabtec signs $45 million contract to repower locomotives for Toronto’s Metrolinx

Wabtec signs $45 million contract to repower locomotives for Toronto’s Metrolinx

24th Aug 2012 Press Release Rail News

Wabtec Corporation said its MotivePower subsidiary has signed a $45 million contract with Metrolinx, an agency of the Province of Ontario and the regional transportation authority for the Greater Toronto and Hamilton Area (GTHA), to repower 11 locomotives with new engines and propulsion systems that meet significantly higher environmental standards.

Ex-Im Bank approves $83 Million for sale of U.S. Locomotives to Canada

Ex-Im Bank approves $83 Million for sale of U.S. Locomotives to Canada

28th Feb 2012 Press Release Rail News

The Export-Import Bank of the United States (Ex-Im Bank) approved an $83.1 million loan guarantee to support the sale of six American-made locomotives, railroad cars, and mining equipment to the Iron Ore Company of Canada (IOC). This transaction supported 500 U.S. jobs across a range of American businesses in six states (Arkansas, Illinois, Missouri, Tennessee, Virginia and Wisconsin).

OC Transpo implements major route changes September 4

OC Transpo implements major route changes September 4

30th Aug 2011 Press Release Rail News

Effective Sunday, September 4, OC Transpo’s new fall service plan will introduce major route changes designed to provide a more streamlined, reliable and efficient transit network that will be financially sustainable into the future.