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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Wabtec Corp | NYSE:WAB | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.81 | 0.50% | 163.02 | 164.1423 | 162.74 | 163.28 | 1,410,488 | 01:00:00 |
From May 2021 to May 2024
By Maria Armental
Union Pacific Corp. will test a higher biodiesel blend in locomotives it acquired from Wabtec, Union Pacific said Tuesday.
The company seeks to increase the percentage of low-carbon fuels consumed to 10% of its total diesel consumption by 2025 and 20% by 2030.
Union Pacific targets reducing greenhouse-gas emissions 26% by 2030 and reaching "net-zero" emissions by 2050.
Union Pacific plans to test B20 biodiesel and R55 renewable diesel on trains powered by Wabtec FDL engines operating in California in the second quarter.
"Biodiesel and renewable diesel are important sustainable solutions for the rail industry both in the near-term and in the future," said Bob Bremmer, group vice president for Wabtec's fleet innovation and transformation division.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
March 08, 2022 14:41 ET (19:41 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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