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…