Rail supplier news from Wabtec, ITS America and NEMA (July 11)

Wabtec Corp. and Intermodal Telematics B.V. (IMT), the Dutch leader in rail telematics technology, announced an agreement that calls for expanding the exclusive distribution rights to include the European market. The agreement makes Wabtec the exclusive distributor of IMT's telematics solutions for rail cars in the major European freight markets. By combining IMT's telematics expertise with Wabtec's in-depth knowledge of braking systems and rail technology, the two companies will offer their customers smarter maintenance, enhanced safety and improved operational efficiency, the companies said in a Wabtec press release.

The Intelligent Transportation Society of America (ITS America) and the National Electrical Manufacturers Association (NEMA) have released of a white paper titled "Procurement Solutions for Modern Transportation Technologies," created by a task force of members from both organizations. ITS America and NEMA recently agreed to work together to share information, promote shared policy objectives and scale the deployment of intelligent transportation systems across the United States. The white paper makes a case for outcomes-based contracting (OBC) as a solution to modernize infrastructure procurement, streamline innovation and deliver better public value, the organizations said in a joint press release.