Progress Rail and Wabtec settle antitrust dispute

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Go back to Progress Rail and Wabtec settle antitrust dispute

Progress Rail and Wabtec Reach a Settlement in Antitrust Case

February 26, 2026 4:30 PM EST

ALBERTVILLE, Ala. & PITTSBURGH--(BUSINESS WIRE)-- Progress Rail, a Caterpillar company, and Wabtec Corporation (NYSE: WAB) announced today that the two parties have reached a settlement in Progress Rail v. Wabtec. The parties agree that this settlement is best for both companies, customers, and consumers, and the prospect of additional litigation is not in anyones interest. There is no admission of liability. The two companies acknowledge that they have been and remain suppliers of long-haul freight locomotives and cab... More