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Transnet financing aids big locomotive buy
South Africa's Transnet said Monday, March 2, 2015 it has concluded financing to acquire 1,064 locomotives, estimated to cost $4.3 billion, for its Transnet Freight Rail subsidiary, which were ordered…
The 110-mph MPI HSP46 is the newest addition to the Massachusetts Bay Transportation Authority regional rail locomotive fleet. MBTA is taking delivery on 40 HSP46 diesel-electric locomotives, nos. 2000-2039, built…
Four paths to natural gas
LNG or CNG? At the High Horsepower Summit in New Orleans, four newer players in the natural gas-powered-locomotive field described their plans.
Ex-Im Bank financing GE locomotives for Indonesia
Export-Import Bank of the U.S. (Ex-Im Bank) Chairman and President Fred P. Hochberg, GE Transportation President and CEO Russell Stokes, and Indonesia's PT Kereta Api (PTKAI) of Jakarta President and…
Analyst: GE/Alstom deal strengthens Alstom’s competitive position
According to analyst Eshna Basu of The Motley Fool, “the General Electric-Alstom deal could create the world’s largest rail equipment maker.” Basu’s analysis follows GE’s multi-billion-dollar purchase of Alstom’s power…
GE Client Conference spotlights software innovations
At its 25th Annual Client Conference June 23-25, 2014, GE Transportation announced new software systems and services and recognized seven customers with its Fast Track Award for rail industry software…
GE Transportation lands Singapore CBTC contract
GE Transportation said Monday, May 5, 2014 it has been selected by Singapore's Land Transport Authority (LTA) to supply fully automated driverless train control and signaling solutions for the Thomson…
GE seeks to acquire Alstom energy business, would leave Transport sector alone
General Electric, having given up on its efforts to acquire Ansaldo STS from Italian conglomerate Finmeccanica, is reportedly in negotiations with Alstom over a $13 billion takeover of the French…
GE nixes possible Ansaldo STS purchase
Fairfield, Conn.-based General Electric Co. said Friday, April 4, 2014 it sees no route for purchasing Ansaldo STS from parent Finmeccanica S.p.A.
FEC taps GE Transportation for 24 locomotives
Jacksonville, Fla.-based Florida Florida East Coast Railway, LLC (FEC) announced Thursday, Jan. 30, 2014 it will acquire 24 new ES44C4 locomotives from Erie-Pa.-based GE Transportation.
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