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RAIL EMPLOYMENT & NOTICES



Rail News Home Railroading Supplier Spotlight

5/6/2020



Rail News: Railroading Supplier Spotlight

Rail supplier news from Wabtec, Siemens, Burns & McDonnell and Alstom (May 6)


Siemens Mobility sold its 1,000th Vectron locomotive.
Photo – Siemens

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Wabtec Corp. reported total sales of $1.9 billion in first-quarter 2020 compared with $1.6 billion in the same quarter last year. The increase was primarily due to sales from acquisitions, Wabtec officials said in a press release. The company also reported earnings per diluted share of 58 cents and adjusted earnings per diluted share of 97 cents versus a loss per diluted share of 4 cents and adjusted earnings per diluted share of $1.21 a year ago. Wabtec withdrew its 2020 financial guidance due to uncertainty caused by the COVID-19 pandemic.

Siemens Mobility recently announced it sold its 1,000th Vectron locomotive. The locomotive was ordered by Danish State Railways. To date, 1,003 Vectrons have been sold to 49 customers in 16 countries. The Vectron is used for both freight and passenger service.

Burns & McDonnell hired Steve Kellerman to lead and expand construction services for transportation projects, including rail. Previously, he was chief engineer for a regional construction company and a third-party manager for a $288 million design-build project in eastern Kansas.

Alstom and SMRT Trains signed a long-term service support agreement for Singapore’s Mass Rapid Transit Circle rail line. Under the contract, Alstom will provide spare parts, repairs, obsolescence management and technical support until 2035. Alstom will work alongside SMRT Trains to maintain the availability and security of the line’s driverless train control system. 



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