GE: Big Data for a big port

A pilot project utilizing advanced analytics software from GE Transportation is under way at the Port of Long Beach, Calif., the busiest port complex in North America. Designed to improve container movements at three of the port’s six container terminals—Long Beach Container Terminal, Total Terminals International and International Transportation Service—the two-month project incorporates GE’s Port Optimizer™ software to access data to move containers more efficiently.

GE expands into Chile

GE Transportation will supply Chilean private transport provider FCAB (Ferrocarril de Antofagasta) with five C23EMP diesel-electric locomotives in 2019. The contract, which includes a parts, service and warranty agreement, is GE’s first contract with FCAB.

GE rolls out first Ukraine TE33A

GE Transportation and Ukrainian Railways on July 9 marked the first GE Evolution Series TE33A locomotive to be built as part of a framework agreement signed in early 2018. It is the first of 30 locomotives that are being built this year in support of the railroad’s effort to upgrade its fleet. “Items of exploration” under the framework agreement include additional locomotives over 10 years, modernization of locomotives in the railway’s legacy fleet, as well as long-term maintenance services.

tank car

Cowen: Need a DOT-117? It’ll cost you a grand

Analyst Cowen and Co. this week hosted its quarterly rail equipment conference call with expert panelists across the industry spectrum.

GE locomotive Kansas City Southern

GE lands big KCS loco order

Kansas City Southern is powering up ahead of expected growth in North American rail freight.

GE brings EdgeLINC™ to the cutting edge

GE Transportation, in the midst of its acquisition by Wabtec Corp., is introducing new capabilities and features to its EdgeLINC™ Industrial Internet of Things (IIoT) platform, “extending its scalability, device support and deployment options.”

GE Transportation locomotive CN

GE rolls out first of 200 locomotives for CN

GE Transportation has completed the first of 200 Evolution series diesel-electric locomotives, which it is building at its plant in Fort Worth, Texas, for CN Railway.

Wabtec + GE Transportation: It’s official

The boards of General Electric and Wabtec on May 21, 2018 approved the merger of GE Transportation with Wabtec in a deal worth $11.1 billion. The merger will make Wabtec a Fortune 500 company and a major player in the railway equipment and services market, with operations in more than 50 countries.

Consolidation comments from Cowen’s Elkott

Cowen and Company Equity Research Analyst Matt Elkott, who covers the railway supply sector, on May 4 issued a report that looks favorably upon two potential combinations: Trinity and GATX, and Wabtec and GE Transportation.

GE Transportation acquired by Wabtec?

Reports by Bloomberg of a potential sale of GE Transportation to Wabtec Corp. surfaced late Friday April 20, resulting in Wabtec shares gaining 4.5%. The potential transaction size is $6.8 billion, according to Bloomberg.

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