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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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Electrification Software industry

This Software Delivers: GE’s Port Optimizer Pilot Expands To Long Beach, California

Dorothy Pomerantz
August 22, 2018
Nearly one out of every five shipping container units — filled with furniture, electronics, clothing and other goods coming from or going to Asia — passes through the Port of Long Beach every year. This port, the second-largest in America, handles an average of $194 billion worth of cargo annually. Combine Long Beach with its neighbor the Port of Los Angeles and you’re looking at more than 16 million container units moving through the area every year.
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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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Locomotives

Next Stop, Kyiv: Ukrainian Railways' $1 Billion Deal With GE Is Set To Dispatch Its Trains Into the Future

Dorothy Pomerantz
February 23, 2018
Last year, Ukrainian farmers lost the opportunity to export potentially millions of tons of grain due to the overloaded national transportation system. This fall, new GE locomotives are planned to help ensure the grain harvest makes it to market on time.
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Trains on track to boost Australia’s competitive exports

Natalie Filatoff
February 02, 2018

The Australian Rail Track Corporation (ARTC) is on a mission to make rail the transport mode of choice in Australia. With billions of dollars worth of recent infrastructure upgrades in place, it is now set to further digitise network control and transform its operational efficiencies, offering the mining operations of the Hunter Valley the most cost-effective path to world markets, and providing manufacturers, agricultural producers and passengers a more efficient network.

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All Aboard: Henry Ford's Assembly Line Fits Train Manufacturing To A T

Maggie Sieger
February 01, 2018
"""In 1913, Henry Ford famously offered customers a choice of any color they wanted for their Model T — as long as they chose black. That’s because Japan black paint was the only color that dried fast enough to keep cars moving along his new assembly line. The line allowed him to crank out cars by reducing the time it took to assemble a Model T from 12.5 hours to 93 minutes, revolutionizing production along the way.
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Automatic For The People: Plant Supervisor Teaches Workers To Embrace The Digital Future

Kristin Kloberdanz
October 05, 2017
Dustin Castor recently announced to a factory full of longtime workers that their jobs were about to be replaced by robots.
At least, that’s what they thought they were hearing.

Castor was only two years into his job as a supervisor at GE Transportation’s engine remanufacturing plant in Grove City, Pennsylvania, when in 2016 he had to tell assembly-line operators with decades of experience that the way they did their jobs was about to change dramatically.
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The Switch Master: Change Is The Way Forward For This GE Nomad

Maggie Sieger
September 05, 2017
Jeff Johnson has learned a lot about change in his six-year career. The Pennsylvania native grew up working in his family’s construction business. He was groomed to run it himself one day. But after finishing college, he realized his future wasn’t in construction. After some tough talks with his parents, he went back to school, earned an MBA from Gannon University and landed a job at GE Transportation in Erie, Pennsylvania, sourcing parts for locomotives.
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50 Years of Reliable Rail in Thailand

August 25, 2017
Thailand’s railways have been transporting the people and goods of the nation for almost 125 years. For 50 of those years, GE has been the proud supplier of reliable locomotives for the nation’s railway fleet.
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