CSX signs $670M locomotive deal with Wabtec for fleet upgrade

CSX Corp. (NASDAQ: CSX) announced a $670 million agreement with Wabtec Corporation (NYSE: WAB) to upgrade its locomotive fleet with 100 new Evolution Series locomotives, 50 modernized locomotives, and digital solutions.

The new Evolution Series locomotives are designed to improve fuel efficiency, tractive effort, and reliability for long-haul and heavy-duty operations. CSX will also modernize aging D9 locomotives by converting them from DC to AC traction, which extends service life and improves fleet standardization.

"Our locomotive fleet is a fundamental element of our safe and reliable railroad," said Mike Cory, Executive Vice President and Chief Operating Officer at CSX. "Modernizing these critical assets strengthens network performance and supports the level of service our customers depend on."

The modernized D9 locomotives will enable the use of advanced control and diagnostic technologies, with expected improvements in fuel efficiency, tractive effort, and reliability. The order includes digital capabilities designed to support more efficient locomotive operations.

Both new and modernized locomotives will be equipped with Trip Optimizer with Smart Horsepower per Ton, an EPA-certified system intended to support fuel efficiency.

"CSX's fleet modernization initiative underscores its strong commitment to enhancing operational efficiency and delivering reliable customer service," said Rogerio Mendonca, President, Freight Equipment at Wabtec.

Delivery of the new Evolution Series locomotives is expected to begin this year, with deliveries of the modernized locomotives beginning in 2027. The information was disclosed in a company press release.

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