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Stock impact report

Sewage on the train tracks: will the rail industry clean up after itself? [Yahoo! Finance]

Westinghouse Air Brake Technologies Corporation (WAB) 
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am Check Earnings Report
US:NYSE Investor Relations: wabtec.com/investors
Company Research Source: Yahoo! Finance
A House of Commons briefing paper from 2017 estimated that around 25% of operators were still dumping toilet waste. In the same year, the then head of Network Rail - Mark Carne - and the UK Government announced a crackdown within two years. This has not worked out as intended, with some train operating requesting temporary non-compliance (TNC) status from Network Rail while they upgrade their fleets. TNCs are only issued when the only other option is to take trains out of service for upgrades, leading to either service cancellations or running overcapacity. This failure to completely stop toilet contents being tipped onto tracks has been condemned by rail workers' unions. “This is a filthy and disgusting practice that should have been outlawed decades ago, and should have no place on a modern railway. Despite repeated promises from politicians, the practice still continues,” says Mick Cash, general secretary of the National Union of Rail, Maritime and Transport Workers (RMT). Show less Read more
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