General Electric Co. has proposed plans for a pair of rail sidings along the Housatonic Railroad, allowing for train transit ...
John Flannery took a step on Monday toward his goal of making General Electric a “simpler, leaner” company by spinning off its railroad business in a deal valued at roughly $11 billion. John Flannery ...
Amsted Rail and GE Transportation have formed a joint venture “to combine GE’s experience in train management and locomotive monitoring with Amsted Rail’s expertise in onboard monitoring of railcar ...
STOCKHOLM--(BUSINESS WIRE)--GE Transportation, the world’s leading provider of innovative rail products and services, announced today it is launching a new European Train Control System (ETCS) and ...
General Electric Co., the beleaguered manufacturer undergoing a strategic review, is in talks to sell its century-old locomotive business to rail-equipment maker Wabtec Corp., according to people ...
NEW YORK — General Electric will tie its train engine division to the railroad equipment maker Wabtec in deal worth about $11 billion as GE CEO John Flannery continues to break off parts of the ...
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