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 ...

GE Transportation and Colas Rail Ltd., one of Europe’s largest providers of rail infrastructure services, have signed an agreement for GE to provide 10 Class 70 UK PowerHaul Series locomotives. “The ...

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 ...

FAIRFIELD, Conn.–(BUSINESS WIRE)–GE (NYSE:GE) announced today that it has reached separate agreements to sell its tank car fleet assets and railcar repair facilities to Marmon Holdings, Inc., and its ...

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 ...

General Electric is giving up full control of its century-old rail division as the conglomerate's empire continues to shrink. GE, an early pioneer of the locomotive industry, agreed on Monday to merge ...

NEW YORK (Reuters) - General Electric Co said on Tuesday it decided not to sell its railcar leasing business, making it the second time in three years the U.S. conglomerate has auctioned the roughly ...

GE and Deutsche Bahn Energie GmbH announce they are partnering to optimize Deutsche Bahn’s rail network’s power supply. GE Energy Management will bring the technology and expertise that will couple ...

ATLANTA--(BUSINESS WIRE)--GE Transportation (NYSE: GE), a global provider of innovative rail products, software, and services, will feature its latest RailConnect™ 360 suite of software solutions for ...

The transportation division of the General Electric Company announced on Monday it would merge with Wabtec Corp. in a transaction valued at roughly $11 billion. Current Wabtec chief executive officer ...