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GE unveils Indian Railways design scheme
This week GE Transportation unveiled the final design for the 700 3.36MW and 300 4.47MW locomotives it is delivering to Indian Railways.
GE plants women STEM seeds
GE on Feb. 13 announced goals of having 20,000 women fill STEM (Science, Technology, Engineering and Math) roles by 2020 and obtaining 50:50 representation in all the company’s technical entry-level…
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…
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 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…
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