Wabtec Says Certified Pre-Owned Program Wins Its Largest Order For 69 Locomotives From Six Genesee & Wyoming Railroads
Portfolio Pulse from Benzinga Newsdesk
Wabtec Corporation (WAB) has received its largest order for 69 locomotives from six Genesee & Wyoming (G&W) railroads, as part of Wabtec's certified pre-owned program.
June 27, 2023 | 11:09 am
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Wabtec Corporation (WAB) has secured its largest order for 69 locomotives from six Genesee & Wyoming railroads, which will likely boost its certified pre-owned program.
The news of Wabtec's largest order for 69 locomotives from six G&W railroads is a positive development for the company. This order will likely boost Wabtec's certified pre-owned program, which in turn may lead to increased revenues and potentially higher stock prices in the short term.
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