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Canada to finance Angolan locomotive order
Canada’s export credit agency, Export Development Canada (EDC), has agreed to provide Angola with a $US 429.5 million loan to finance the purchase of 100 locomotives from General Electric (GE),…
Rail Insights: Supplier international opportunities
From Chicago, and Railway Age's Rail Insights Conference and Expo today, June 8: William C. Vantuono, Editor-in-Chief, Railway Age: What opportunities are seen in the international market?
Engines of change
State-of-the-art locomotives stand ready to make their mark on what is ideally a power-hungry industry. Problem is, with traffic down, the railroads aren’t so hungry for new power.
Rail figures big in GE’s Russian market endeavors
A strategic business plan signed by General Electric and Russian locomotive and car builder Transmashholding for a diesel powerplant joint venture is an important component of a plan for GE…
GE’s new axle tester offers improved inspection quality, performance
GE Measurement & Control on Nov. 17, 2015 introduced the Compact Hollow Axle Tester (CHAT), combining hollow-axle inspection mechanics and ultrasonic angle-beam probes with GE’s high-quality ultrasonic instrumentation. For organizations…
GE to supply 1,000 locomotives to Indian Railways
GE Transportation announced Nov. 9, 2015 that it received a Letter of Award from India’s Ministry of Railways for a locomotive supply and maintenance contract worth approximately $2.6 billion over…
Automating the industry, one yard at a time
Classification yard performance has a direct impact on network velocity and efficiency. Process control systems are helping improve that performance.
GE to provide maintenance service of PT KAI’s rail fleet
GE and PT Kereta Api Indonesia (PT KAI) on Oct. 26, 2015 signed a Letter of Intent for a multi-year maintenance service agreement for 50 CC206 diesel-electric locomotives, the latest…
Jamie Miller named new president and CEO of GE Transportation
GE has appointed Jamie Miller as president and CEO of GE Transportation, the company announced Sept. 14, 2015. Miller succeeds Russell Stokes, who will lead GE’s Energy Management business, effective…
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…
GE Transportation reports strong revenue gain
Erie, Pa.-based GE Transportation Friday reported a "segment profit" of $232 million in the first quarter of 2012, up 48% from the same quarter a year ago. Revenue of $1.3…
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