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 ...

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 ...

BERLIN--(BUSINESS WIRE)--A series of announcements by GE Transportation (NYSE:GE) at InnoTrans 2016 reinforce how advanced digital technologies and analytics are helping to create an efficient, ...

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 ...

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 ...

WATERLOO - Jay Wileman, president and CEO of GE Rail Services, said his organization is all about "sending employees home the way that they came." And it has been nearly a year since the GE Railcar ...

General Electric Co. ended an auction for its rail-car leasing unit after concluding the business was doing better than expected as demand rises for freight shipments, a person familiar with the ...

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 ...