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.
Classification yard performance has a direct impact on network velocity and efficiency. Process control systems are helping improve that performance.
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 addition to PT KAI’s fleet of existing diesel-electric locomotives. GE has worked with PT KAI for more than 60 years, bringing 350 locomotives to the country, the company says.
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 Oct. 1.
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.
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% from $197 million in the third quarter of 2011.