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Wabtec Rail recently obtained a five-year, $40 million contract to maintain 31 high-speed locomotives for United Kingdom-based rail equipment lessor HSBC Rail.
Wabtec Rail will be responsible for all maintenance and running repairs for the Class 91 electric locomotives, which run on the UK’s East Coast main line.
HSBC Rail owns about one-third of the UK’s rolling stock, and provides a range of rolling stock and management services for the passenger- and freight-rail markets.
8/15/2007
Rail News: Rail Industry Trends
Wabtec obtains $40 million locomotive maintenance contract from UK rail equipment lessor
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Wabtec Rail recently obtained a five-year, $40 million contract to maintain 31 high-speed locomotives for United Kingdom-based rail equipment lessor HSBC Rail.
Wabtec Rail will be responsible for all maintenance and running repairs for the Class 91 electric locomotives, which run on the UK’s East Coast main line.
HSBC Rail owns about one-third of the UK’s rolling stock, and provides a range of rolling stock and management services for the passenger- and freight-rail markets.
