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 ...

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 ...

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 (Reuters) - GATX Corp is offering more than $3 billion for General Electric Co's rail car leasing business, a source familiar with the discussions said. Sign up here. GATX is the leading ...

Private equity firms Warburg Pincus and TPG Capital have placed a joint bid for the railcar leasing business of General Electric (GE), Reuters reports. The GE business, which has about $3 billion of ...

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 ...

When EPA formally informed General Electric on Tuesday that its transportation and disposal plan needed revisions, it wasn't a surprise. EPA officials told GE months ago that the plan, which was ...