John Flannery took a step on Monday toward his goal of making General Electric a “simpler, leaner” company by spinning off its railroad business in a deal valued at roughly $11 billion. John Flannery ...
Amsted Rail and GE Transportation have formed a joint venture “to combine GE’s experience in train management and locomotive monitoring with Amsted Rail’s expertise in onboard monitoring of railcar ...
STOCKHOLM--(BUSINESS WIRE)--GE Transportation, the world’s leading provider of innovative rail products and services, announced today it is launching a new European Train Control System (ETCS) and ...
BERLIN--(BUSINESS WIRE)--A series of announcements by GE Transportation (NYSE:GE) at InnoTrans 2016 reinforce how advanced digital technologies and analytics are helping to create an efficient, ...
FORT WORTH -- After a couple of slow years, General Electric's locomotive plant in Fort Worth is back to cranking out lots of shiny new railroad equipment. The enormous plant near Texas Motor Speedway ...
General Electric Co., the beleaguered manufacturer undergoing a strategic review, is in talks to sell its century-old locomotive business to rail-equipment maker Wabtec Corp., according to people ...
General Electric is giving up full control of its century-old rail division as the conglomerate's empire continues to shrink. GE, an early pioneer of the locomotive industry, agreed on Monday to merge ...
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