Wabtec Announces Railcar Telematics Platform
14 Dezembro 2023 - 9:00AM
Business Wire
Wabtec (NYSE: WAB) announced today its entrance into the railcar
telematics market via an agreement with Intermodal Telematics B.V.
(“IMT”), a Dutch company, under which Wabtec will create a railcar
telematics platform using IMT technology. Wabtec’s new railcar
telematics platform will deliver real-time information to railcar
and tank container owners and operators, allowing them to turn rail
cargo into smart, connected assets.
Wabtec plans to begin offering this railcar telematics solution
in the first quarter of 2024. The solution will be offered
exclusively by Wabtec in North America and other heavy-haul freight
markets globally as set forth in the agreement.
“The rail industry is on the verge of a new era where the use of
real-time data about the status and condition of cargo will be
transformative to the customer experience and supply chain
efficiency,” said Nalin Jain, Group President of Digital
Intelligence at Wabtec. “Telematics builds on Wabtec’s rich history
serving the freight car markets with next-generation solutions. Our
innovative solutions will improve shipment visibility, increase
on-time performance, and expand asset utilization to make shipping
freight by rail more competitive.”
Wabtec railcar telematics will include sensors, gateways,
wireless communications, and analytics. The technology will be
offered for retrofit on existing fleets and also will make Wabtec's
current railcar components smarter by integrating solutions right
from production. The new offering will include a comprehensive
suite of solutions that track real-time location and monitor key
attributes such as handbrakes, hatches, doors, and loaded/unloaded
status for a railcar, as well as cargo temperature and pressure for
a tank container.
About Wabtec
Wabtec Corporation (NYSE: WAB) is focused on creating
transportation solutions that move and improve the world. The
company is a leading global provider of equipment, systems, digital
solutions and value-added services for the freight and transit rail
industries, as well as the mining, marine and industrial markets.
Wabtec has been a leader in the rail industry for over 150 years
and has a vision to achieve a zero-emission rail system in the U.S.
and worldwide. Visit Wabtec’s website at:
https://www.wabteccorp.com/
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version on businesswire.com: https://www.businesswire.com/news/home/20231214336724/en/
Wabtec Media Contact: Tim Bader 682-319-7925
tim.bader@wabtec.com
Wabtec Investor Contact: Kristine Kubacki, CFA
412-450-2033 kristine.kubacki@wabtec.com
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