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Stock impact report

CSX Announces $670M Locomotive Fleet Upgrade with Wabtec

CSX Corporation (CSX) 
Last csx corporation earnings: 4/22 04:02 pm Check Earnings Report
Company Research Source: GlobeNewswire
JACKSONVILLE, Fla., Feb. 09, 2026 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has signed a $670 million deal with Wabtec Corporation (NYSE: WAB) to upgrade its fleet with 100 new Evolution Series locomotives, 50 modernized locomotives, and a suite of digital solutions and services. “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 new Evolution Series locomotives will support CSX’s fleet by improving fuel efficiency, tractive effort, and overall reliability. The locomotives are designed to reduce fuel consumption while maintaining performance for long-haul and heavy-duty operations. In addition, CSX will modernize aging D9 locomotives by converting them from DC to AC traction. These upgrades extend service life, improve fleet Show less Read more
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