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Union Pacific Signs Largest Locomotive Modernization Deal in Rail Industry History with Wabtec

PR Newswire - Wed Jul 27, 2022

OMAHA, Neb. and PITTSBURGH, July 27, 2022 /PRNewswire/ -- Union Pacific (NYSE: UNP) signed a historic deal with Wabtec Corporation (NYSE: WAB) for 600 locomotive modernizations featuring a suite of digital solutions and innovations. The agreement, worth more than $1 billion, is the largest investment in modernized locomotives in rail industry history, and part of Union Pacific's fleet strategy to move more freight efficiently and sustainably across its service territory.

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