GE

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…
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.
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.
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.
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'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.
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%…
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…
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 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…
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…
Fairfield, Conn.-based General Electric Co. Wednesday advanced its latest television commercial highlighting various aspects of the company, this one featuring employees from GE Transportation's Erie, Pa., plant.
The 23d Annual CSX Short Line Workshop was yet another standard-setter in terms of content, delivery, and overall message. The emphasis throughout was more on customer service than the mechanical…
Transportation Secretary Ray LaHood, along with representatives from the Federal Railroad Administration, will join representatives from original equipment manufacturers Alstom, Bombardier, Electro-Motive Diesel, GE, NipponSharyo, Siemens, Talgo, and Wabtec at…
Erie, Pa.-based GE Transportation on Friday reported $1.5 billion in fourth-quarter 2011 revenue, up 43% year-over-year. Revenue for the full year 2011 was $4.9 billion, up 45% compared with fiscal…
During a ceremony Tuesday at the Transnet Rail Engineering (TRE) facility in Koedoespoort, South Africa, Transnet SOC Ltd. and GE South Africa Technologies Ltd. (GESAT) marked the signing of a…
Erie, Pa.-based GE Transportation said it had completed its acquisition of software provider RMI from The Carlyle Group. GE said late Tuesday the acquisition significantly expands its Software and Optimization…

Italy's Trenitalia has awarded a contract to GE Transportation worth an estimated $60 million for the design, supply, and installation of 400 onboard SSC (Sistema di Supporto alla Condotta) train-protection systems for passenger and freight diesel locomotives. Trenitalia is the operating company of Italian State Railways.

--> Italy's Trenitalia has awarded a contract to GE Transportation worth an estimated $60 million for the design, supply, and installation of 400 onboard SSC (Sistema di Supporto alla Condotta) train-protection systems…

Greenbrier Cos. Inc. says it could be forced to trim expenses, and lay off more employees, if GE Railcar Services Corp. holds firm in reducing an existing delivery contract of 11,900 railcars over an eight-year period. Greenbrier said GE Railcar, a subsidiary of Fairfield, Conn.-based General Electric Co., "desires to substantially reduce, delay, or otherwise cancel railcar deliveries."

--> Greenbrier Cos. Inc. says it could be forced to trim expenses, and lay off more employees, if GE Railcar Services Corp. holds firm in reducing an existing delivery contract of 11,900…
General Electric Co. Wednesday said it will cut 350 jobs, and furlough 1,200 employees, at GE Transportation due to the economic climate, affecting roughly 14% of the 11,400 workers in…
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