Truck rentals are "at an all-time high" as commercial operators seek new ways to match capacity and rising freight demand, a PacLease executive says.
13 Nov 2013
CSX and GE Transportation have agreed to launch a pilot program in 2014 to explore liquefied natural gas technology for locomotives.
20 Jan 2012
Locomotive maker GE Transportation, part of General Electric, increased revenue 45 percent in 2011 to $4.9 billion on rising demand for equipment and services.
04 Jan 2012
GE Transportation acquired rail industry software developer RMI from The Carlyle Group, expanding its transportation software and optimization business.
01 Aug 2011
General Electric and a partner sold shipping container lessor GE SeaCo to HNA Group and Bravita Capital for $1.05 billion, as the Chinese transportation group grows its container shipping portfolio.
24 Sep 2010
Locomotive builder GE Transportation said it signed the largest locomotive delivery deal in Brazil’s history as Brazilian rail operator MRS Logistica agreed to buy 115 units with an option for 100 mor