Siemens Mobility will supply 26 S700 light-rail vehicles (LRVs) to the Tri-County Metropolitan Transportation District of Oregon (TriMet) to replace its Type-I vehicle fleet. The low-floor LRVs will include an IoT framework enabling efficiencies in operations and maintenance, Siemens officials said in a press release. The contract includes options for up to 60 additional vehicles, which would accommodate future TriMet service expansions. The first delivery is expected in 2021. Additionally, Siemens will supply 25 S700 LRVs to the San Diego Metropolitan Transit System (SDMTS). The LRVs will replace SDMTS’ high-floor SD100 vehicles, which were manufactured by Siemens in the ‘90s. After delivery in 2021, SDMTS’ fleet will be fully transitioned to accessible, low-floor vehicles.
Wabtec Corp. reported second-quarter 2019 net income of $102.8 million, compared with $83.3 million in Q2 2018. Earnings per diluted share fell 33 cents in the quarter compared with 87 cents per diluted share in 2018. Wabtec’s freight segment sales increased by $1.08 billion as a result of $1.1 billion in acquisitions which offset an $34 million organic sales decrease. Transit sales increased by $43 million as a result of $81 million in organic sales growth and $3 million in acquisitions. Unfavorable changes in foreign currency exchange rates also offset both freight and transit sales. Meanwhile, Wabtec delivered five diesel-electric PowerHaul series locomotives to Korfez Ulastirma in Turkey.
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