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 ...

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 ...

A branch of the Housatonic River in Pittsfield, Massachusetts. Western Massachusetts legislators are locking arms behind a call for General Electric to use rail — not trucks — to transport ...

It was a sad day when those 1950s E7, E8, and assorted FP units reached the point where they were clearly reaching the end of ...

Leaders of six South County towns impacted by General Electric’s Rest of River cleanup plan are telling the Environmental Protection Agency to require rail as the top transport mode for PCB-tainted ...

Lenox pressures GE to emphasize rail, pumping options in its revised PCB transport plan Lenox is already on record opposing GE's transportation plan for the massive cleanup, along with the other four ...

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 Company’s GE business unit GE Power Conversion recently secured a contract from the John Holland Group for designing, producing and commissioning Traction Power Substations. Financial ...

Gold Coast Light Rail is a public transport system for the Gold Coast’s residents and visitors. Credit: Gold Coast Light Rail. GE Power Conversion has received a contract to supply electrification ...

NEW YORK (Reuters) - CIT Group Inc and General Electric Co are both looking to sell their rail car leasing businesses, but the auctions are dragging on as they compete for buyers in tight credit ...

NEW YORK, June 8 (Reuters) - Private equity firms Warburg Pincus [WP.UL] and TPG Capital [TPG.UL] are teaming up to bid for General Electric Co's railcar leasing business, people familiar with the ...

General Electric Company GE announced that its Power Conversion division (part of GE Vernova, the combined operations of the Power and Renewable segments) secured a deal from Network Rail for ...