Fleet ModernizationWabtec's CEO highlighted significant opportunity for North America locomotive fleet modernization, with over 25% of units exceeding 20 years of age.
International Market GrowthWabtec announced a $4.2 billion deal with Kazakhstan’s national railway, marking the largest rail equipment contract in the company’s history.
Rail ConsolidationRail consolidation is considered a positive factor, as winning truck share is driving more locomotive, services, and tech capital expenditure, leading to more revenue for WAB.