The chip shortage and supply chain disruptions may have put pressure on Wabtec’s freight segment in the third quarter, but the underlying demand is still there and should bode well for the company in the fourth quarter, executives said during Wabtec’s third-quarter 2021 earnings call Wednesday.
“We believe that the underlying customer demand for our products and the end market momentum remains strong” even though there may be continued headwinds from a more challenging sales and cost environment...
https://www.freightwaves.com/news/wabtec-sees-underlying-demand-amid-dampening-market-pressures