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Wabtec, Knorr Settle Railway No-Poach Suit for $49M

Wabtec, Knorr-Bremse AG, and their affiliates will pay a combined $49 million to settle claims in Pittsburgh federal court that they agreed with other...

US: GE Transportation merges with Wabtec in US$11.1b deal

General Electric confirmed on Monday, May 21, it was unloading the bulk of its transportation business which makes train engines to Wabtec, a US...

US: Knorr, Wabtec agree to end pacts to not poach workers

Rail equipment suppliers Knorr-Bremse AG and Westinghouse Air Brake Technologies Corporation have agreed to end agreements to not compete for each other’s employees, the...
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