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Transportation

Next Stop, Wabtec: GE Completes Spin-Off And Merger Of Its Transportation Unit

Tomas Kellner
February 25, 2019

GE announced today that it has completed the spinoff and merger of its Transportation business with Wabtec Corporation. GE received approximately $2.9 billion in cash as well as shares of Wabtec common stock and Wabtec nonvoting convertible preferred stock that together represent an approximately 24.9 percent ownership interest in Wabtec. GE shareholders own about 24.3 percent of Wabtec on a fully diluted basis.

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Transportation

All Aboard: GE Merges Its Storied Locomotive Business With Wabtec In A Deal Valued At Approximately $11.1 Billion

Tomas Kellner
May 21, 2018
One of the key innovations that helped transform New York’s Grand Central Terminal from a sprawling, smoke-belching eyesore into “not only the greatest station in the United States, but the greatest station, of any type, in the world,” was a powerful electric engine GE developed in 1908. The machine forever altered Manhattan’s landscape, and it propelled GE Transportation to become one of the largest makers of locomotives in the world.
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Transportation

Forever Young: This Texas Plant Gives Middle-Aged Locomotives Extreme Makeovers

Tomas Kellner
March 26, 2018
GE’s huge locomotive factory outside Fort Worth, Texas, feels like the rumpus room of a giant toddler fond of playing with trains. The place — all 1 million square feet of it — is filled with locomotives in various states of assembly. There are cabs in one corner, wheels and trucks in another, and engines in the middle.
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intelligent transportation

Hyperloop Gets More Real Every Time We Test

Shervin Pishevar Co Founders Hyperloop One
Josh Giegel And Shervin Pishevar Co Founders Hyperloop One
August 03, 2017
In the small hours of Saturday, July 29 an exhausted and adrenaline-fueled team from Hyperloop One celebrated another significant milestone, completing the second phase of testing our high-speed Hyperloop pod inside our DevLoop tube north of Las Vegas. By the last run, after almost a week of trials, we had logged more time working with full-scale Hyperloop technology than anyone on the planet.
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GE locomotive engines teaming with the sun for mine power

May 25, 2017
In a clearing deep in the Fraser Range of Western Australia, five diesel engines are doing the locomotion standing still. The ultra-reliable GE 12-cylinder V-model 250SDA engines are used to travelling long distances as the heart of GE’s heavy-haul Evolution locomotives.
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Aerospace

Coming Soon To Airports Near You: Fast Hybrid-Electric Aircraft For Everyone

Ashish Kumar
May 24, 2017

What if quiet flights from nearby airports could get you places much faster and for less than today ? What if air transit could be as simple as boarding a bus or a train today? Hybrid-to-electric aviation is poised to bring high-speed regional travel to thousands of communities starting in the early 2020s. Fast and carbon-free regional travel isn’t just a futuristic concept. Ashish Kumar, CEO Zunum Aero, describes what’s going to take flight in the next decade.

 

 
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Powering the Pilbara—a new market for LNG

April 19, 2017
Three billion litres of diesel fuel imported into the Pilbara each year, primarily to power the mining industry; 5 billion litres of heavy fuel oil annually consumed by ships carrying iron ore from the Pilbara to North Asia. Match these figures with a technological leap in dual-fuel engines, and pressure on carbon and pollutant emissions, and the climate looks right for a revolution in powering Western Australia’s resourceful north.
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Transportation

An 'All of the Above' Approach to U.S. Infrastructure

Sarah Kline Bipartisan Policy Center Fellow
Michele Nellenbach Director Of Strategic Initiatives At Bipartisan Policy Center
March 22, 2017

Investing in U.S. infrastructure may be one of the few bipartisan efforts that financial institutions, manufacturers, policy makers and workers can all get behind. The new Coalition to Modernize America’s Infrastructure is a diverse group that advocates four principles for a truly transformative infrastructure package.

 

 

 
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Disrupt or be Disrupted: New Energy Trends and Technologies Showcased at CEPSI 2016

November 10, 2016
Speaking ahead of his keynote presentation at the 2016 Conference of the Electric Supply Industry (CEPSI) in Bangkok in October, Jack Wen, president, Asia Pacific GE Energy Connections said:

“For many people, the power industry appears stable on the surface. However, a lot of changes have happened in the past five years - new technologies, especially digital technology, have come on stream; more renewable energy is coming online; and customers are also demanding empowerment. This will impact all players in the industry.”
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How do you make the world’s biggest trucks even better?

September 18, 2016
Between 2012 and 2014 Rio Tinto’s fleet of 58 Komatsu autonomous trucks featuring GE electric propulsion systems drove to the moon and back five times—that is, they travelled almost 4 million kilometres—and moved the equivalent of 3,550 Sydney Harbour Bridges (200 million tonnes of iron ore).
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