Reports by Bloomberg of a potential sale of GE Transportation to Wabtec Corp. surfaced late Friday April 20, resulting in Wabtec shares gaining 4.5%. The potential transaction size is $6.8 billion, ...
(Reuters) - General Electric Co (GE.N) announced a $11.1 billion (£8.2 billion) deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp (WAB.N), with GE ...
SAN FRANCISCO--(BUSINESS WIRE)--(NYSE:GE) Today GE Transportation introduced EdgeLINC™ Software, a comprehensive solution for IIoT edge-to-cloud connectivity with efficient device management, ...
CHICAGO--(BUSINESS WIRE)--GE Transportation, a unit of GE (NYSE:GE), announces that its Trip Optimizer Energy Management system has recently achieved 100,000,000 miles in revenue service, which has ...
GE Transportation has acquired ShipXpress, a provider of “cloud-based software solutions that enable transportation, industrial, and commodities businesses to efficiently operate with supply chain ...
GE Transportation’s new locomotive plant is going into space developed by IDI. The Erie, Penn.-based maker of rail and transportation products announced today that it will open the new plant to meet ...
CHICAGO (AP) -- General Electric Co.'s transportation unit is moving its global headquarters from Erie, Pa., to Chicago. Chicago Mayor Rahm Emanuel announced the move Wednesday. GE Transportation CEO ...
(Reuters) - General Electric Co (GE.N) announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp (WAB.N), with GE and its ...