Ansaldo STS USA

Ansaldo STS USA

(Formerly Known As “Union Switch & Signal”)
 Ansaldo STS USA

Founded by George Westinghouse

(1846-1914)
• 1881 Union Switch & Signal Company

– Union Electric Signal Company plus the

Interlocking Switch & Signal Company.
• Among a lifetime portfolio of 361 patents,
Westinghouse was named inventor or co-
inventor on 18 patents pertaining to railway
signaling equipment and systems.

2
 Ansaldo STS USA

Original Plant
Swissvale, PA

Evolution of
Ansaldo STS USA
Pittsburgh Headquarters
• US&S formation 1881 Pittsburgh Technology Park
• American Std. acquisition of US&S 1968
• Ansaldo acquisition of US&S 1988
• Ansaldo STS Initial Public Offering 2006
• Transition to Ansaldo STS USA inc 2009

3
 Ansaldo STS USA

Ansaldo STS Corporate Family

$20.1 B OTHER MILAN STOCK
Revenue EXCHANGE
SHAREHOLDERS

40%SHARE 60%SHARE

Revenues $1.5 B

4
 Ansaldo STS USA

Vital Signaling and Automation Systems

Railroads / Mass Transit

Efficiency Safety

Wayside Cab Office Crossings

Inter- Vital CAD/ Gate

lockings Logic CTC Mechs

Track Cab Computer Flashing

Circuits Display Systems Lights

Ground Gate
SCADA
Material Arms

5
 Ansaldo STS USA
North American
Passenger Transit Customers

6
 Ansaldo STS USA
Global Customers
Sweden

Denmark
South Korea

Spain
China
Italy
Taiwan

Malaysia
Mexico
India

Bangladesh Australia
Brazil

Chile

7
Technology Leader in Driverless Metros Ansaldo STS USA

Copenhagen, Demark
• 22km, 22 stations, 34 trains
• Revenue service 2002 Efficiency / Safety
• Capacity: 12,000 pphpd
• Ridership 2007 = 40 million

Brescia, Italy
• 14km, 18 stations, 21 trains
• Revenue service 2012
• Capacity: 17,000 pphpd

Milan Line 5
• 16km, 9 stations, 10 trains
• Revenue service 2011
• Capacity: 20,832 pphpd

Rome Line C
• 42km, 42 stations, 43 trains
• Revenue service 2011
• Capacity: 48,000 pphpd

Thessaloniki, Greece
• 10km, 13 stations, 18 trains
• Revenue service 2012
• Capacity: 21,000 pphpd

8
 Ansaldo STS USA
Technology Leader in High Speed Signaling

FRANCE – BELGIUM HS Link

Paris - Brussels HSL
UK - FRANCE HS Line
Paris - London CHINA
Qinhuangdao - Shenyang
GERMANY Shijiazhuang - Taiyuan
FRANCE - All HS Lines Saarbrücken - Mannheim Zhengzhou - Xi’an
LGV Méditerranée
LGV Nord - Europe
LGV Rhône - Alpes ITALY
LGV East European Rome - Naples
LGV Atlantique Turin - Novara
LGV Rhin-Rhône Milan - Bologna SOUTH KOREA
Bologna - Florence Seoul - Pusan
Novara - Milan

SPAIN
Madrid - Lleida SPAIN - FRANCE HS Link
Madrid - Atocha bypass Figueres - Perpignan

9
North American Freight RR Customers Ansaldo STS USA

Canadian
Pacific (CP)
Canadian
National (CN)
Burlington
Northern/
Santa Fe (BNSF)
CSX
Transportation
(CSXT)
Union
Pacific (CP)
Norfolk Southern (NS)

Other Freight
Railroads
Quebec, North
Shore & Labrador Kansas City
Southern (KCS)
RailAmerica/Rail
Tex

10
 Ansaldo STS USA

Which Country has the most

efficient and competitive
Freight Railroad System?
Russia?
China?
Japan?
Germany?

11
 Ansaldo STS USA

History - USA
After WW II, The Interstate
Highway system and the
Trucking Industry had Railroads
at a competitive disadvantage

By the 1970’s the over-regulated

Rail Industry could not react and
was in Bankruptcy

12
 Ansaldo STS USA

What Happened?
Government Rail Road
Intervention Investment
De-Regulation Between
Staggers Act 1980 and 2005
1980 Class 1’s
invested over
$120 B!

Source: AAR
13
The Staggers Act: Ansaldo STS USA

An American Success Story

(Index 1981 = 100)
300
270
Productivity
240
210
Staggers Act
180 Passed Oct. 1980 Volume
150 Uncertain Future
120
Revenue
90
60
Price
30
0
'64 '68 '72 '76 '80 '84 '88 '92 '96 '00 '04 08p

p – preliminary Source: AAR

14
 Ansaldo STS USA

Freight Rail is Green!

15
 Ansaldo STS USA

Freight Trains are Efficient

A freight train Gallons of Fuel Consumed Hauling
One Ton of Freight Coast-to-Coast
hauls one ton
Trains: 7 gallons
of freight an
average of 436

457 miles on Trucks: 27 gallons

one gallon of
fuel.

That’s three to
four times
farther than a
truck. 16
 Ansaldo STS USA

Trains cannot replace Trucks!

Balance is the KEY

17
 Ansaldo STS USA

Freight Rail = Less Pollution

One Freight Train
will remove 280
or more Trucks
from the Highways

18
Freight Rail = Less Pollution
Ansaldo STS USA

Ratio Ratio
of Emissions
of EmissionsPer Ton-Mile:
per Ton-Mile: Freight
Freight Rail vs.Rail vs. Trucks
Trucks
24
20 1:22
16
12 1:13
8 1:7
4 1:4
0
NOX CO Particulates VOC*
Railroads Trucks

*Volatile organic compounds Source: Univ. of Iowa Public Policy Center for the U.S. DOT
19
 Ansaldo STS USA

20
 Ansaldo STS USA

21
 Ansaldo STS USA

Which Country has the most

efficient and competitive
Freight Railroad System?

22
 Average U.S. Freight Rail Rates* Ansaldo STS USA

Lowest in the World

Index U.S. = 100

U.S.
Canada
Russia
China
Japan
France
Italy
South Africa
Spain
India
Germany

0 100 200 300 400 500 600 700 800

*Adjusted for purchasing power parity. Data are 2005. Source: World Bank & AAR
23
 Ansaldo STS USA

24