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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.
Locomotive backlog cited in GE 3Q earnings
A strong backlog of manufactured goods orders, including locomotives and jet engines, helped drive third-quarter earnings for Fairfield, Conn.-based General Electric Co., which reported financial results Friday, Oct. 18, 2013.
GE Transportation sets RailConnect 360, ShipperConnect
Erie, Pa.-based GE Transportation on Wednesday, Oct. 9, 2013, unveiled its RailConnect 360 Monitoring and Diagnostics (M&D) and ShipperConnect software at the second annual Minds + Machines Conference in Chicago.
Experts weigh in on LNG
Programs to evaluate LNG (liquefied natural gas) as a locomotive fuel are expanding throughout the rail industry, led by such stakeholders as GE Transportation, Electro-Motive Diesel, BNSF, Union Pacific, CN,…
GE Transportation marks good year
GE Transportation's fourth-quarter results included $252 million in earnings, or "segment profits," in the fourth quarter, up 11.5% from $226 million in the comparable 2011 quarter.
GE Transportation powers parent’s 3Q earnings
Erie, Pa.-based GE Transportation notched revenue of $1.4 billion in the third quarter, up 9% from the same period a year ago, and a profit of $265 million, up 35%…
GE’s continental-European PowerHaul debuts at InnoTrans
At the InnoTrans 2012 expo in Berlin, GE Transportation unveiled its PowerHaul Series PH37ACai diesel-electric locomotive, which the company says “is continental Europe’s newest cross-border locomotive and our most technologically…
GE expands New York battery factory
General Electric Co. Tuesday said it will expand its new, advanced manufacturing battery factory in Schenectady, N.Y., which is part of the company's new Energy Storage business.
Bombardier Sustainability Awards go to GE, SKF
Bombardier Transportation has presented its Transportation Sustainability Awards to SKF Group and General Electric Co., "recognizing accomplishments in the field of sustainable development and emphasizing the strong strategic importance of a responsible supply…
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