Financial News
Wabtec Launches the Next-Generation Railcar Mover – the Commander NXT
Wabtec (NYSE: WAB) launched today its Shuttlewagon Commander NXT, the next generation of railcar movers. The NXT series will provide the railcar moving industry improved performance, reliability, and efficiency.
“The Commander NXT was designed with the customer in mind and represents the future in railcar mobilization,” said Raj Gupta, President and CEO – Maintenance of Way, Wabtec. “Packed with a narrower frame and an advanced rail wheel stability system, the NXT allows for efficient navigation of challenging rail, tunnels, and sharp curves, without compromising on power or performance. This capability helps our customers efficiently and reliably run their railyard operations.”
The Commander NXT series debuts with four dynamic models, offering tractive efforts ranging from 26,000 lbs to a robust 41,300 lbs, catering to diverse operational needs of customers. This new railcar mover also features the patented ShuttleLaunch technology, a cutting-edge solution specifically engineered to optimize tractive effort, substantially reduce wheel slipping, and extend tire life, marking a notable advancement in the industry.
Each model in the NXT series boasts cutting-edge features, including an advanced joystick operation for precision control, a dual-rail wheel design enabling navigation of tighter curves, and a proven AAR coupler and rubber tire drive system. These enhancements collectively elevate the functionality and efficiency of the NXT series.
Since 1972, Wabtec’s Shuttlewagon railcar mover has served more than 1,000 customers in over 12 industries that include government, agriculture, chemicals, mining, and other industries that are integral to the supply chain.
About Wabtec Corporation
Wabtec Corporation (NYSE: WAB) is a global leader in the rail industry, offering a comprehensive range of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors. With a history spanning over 150 years, Wabtec continues to lead with a focus on safety, efficiency, reliability, and productivity. For more information about Wabtec and its innovative solutions, please visit www.wabteccorp.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240227533558/en/
Contacts
Wabtec Media Contacts:
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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