Supplier news from Wabtec, GATX, Hitachi and Scan Global Logistics

Wabtec Corp. has finalized a long-term material and technical support agreement with Transnet Engineering to support the company's Class D43 and D44 locomotives. Under the $390 million deal, Wabtec will provide Transnet Engineering with components, technical expertise and predictive maintenance services, including Wabtec's Expert-on-Alert™ digital condition monitoring platform. The agreement also prioritizes technical collaboration, knowledge transfer and localization initiatives to help develop South Africa's rail sector.

GATX Corp. on Oct. 29 reported third-quarter 2026 net income of $105.2 million, or $2.92 per diluted share, up from $82.2 million and $2.25 in the same quarter last year. GATX's Rail North America segment reported profit of $121.3 million in Q3 2026, compared to $70.7 million last year. The results were driven by higher lease revenue, increased management fee revenue and higher net gains on asset dispositions, partially offset by higher interest, depreciation and maintenance expenses, GATX officials said in a press release. As of Sept. 30, Rail North America's fleet totaled about 199,100 cars. Excluding the company's 9,000-unit box-car fleet, utilization was 98.4%, compared to 98.9% in Q3 2025.

Hitachi Rail's Spain and Turkey teams will deliver the signaling systems for Tunnel 26 (T26) and the Bilecik depot on the Ankara-Istanbul line in Turkey. The work will enable Turkish infrastructure operator TCDD to separate high-speed, conventional and freight traffic in those areas, Hitachi Rail officials said in a press release. Separating high-speed traffic from other rail service will reduce travel times and increase the line's capacity. Hitachi Rail will modify the existing interlockings and traffic control center, including trackside equipment and new turnouts and signals; expand the current telecommunications equipment; and equip T26 and the depot with European Train Control System L1 and L2.

Scan Global Logistics (SGL) has signed an agreement to acquire OIA Global, an Oregon-based provider of end-to-end supply chain and logistics solutions. The transaction will be the largest investment in the Danish company's history and will place it among the top 20 freight forwarders in the world, SGL officials said in a press release. Founded in 1988, OIA Global employs more than 1,200 people across over 30 countries. Its acquisition will complement SGL's existing offerings and strengthen SGL's presence in the U.S., they added. The transaction is expected to close in first-quarter 2027.