(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 ...

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, ...

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 will distribute all of the shares of GE Transportation common stock to GE shareholders as of the record date by means of a pro rata distribution. Following the spin-off, the transportation business ...

CHICAGO & ASTANA, Kazakhstan--(BUSINESS WIRE)--GE Transportation (NYSE: GE) announced today it has completed the purchase of a 50 percent interest in locomotive manufacturer Lokomotiv Kurastyru Zauyty ...

Wabtec Corp. and GE Transportation, a unit of General Electric, will merge, creating a global transportation leader in rail equipment, software and services. The merger agreement, which has been ...

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, one of the operating segments of General Electric CompanyGE, announced that it has secured orders for 225 refurbished locomotives from several North American railroads in 2018, ...

Philly Shipyard held a steel cutting ceremony for the new National Security Multi-Mission Vessel (NSMV), the first of five planned purpose-built, state-of-the-art training vessel for America’s state ...

CHICAGO (CBS)-- GE Transportation will be moving its corporate headquarters from Erie, Pa., to Chicago, Mayor Rahm Emanuel announced Wednesday. Joined by chief executive officer Lorenzo Simonelli, ...

Intel and GE Transportation have introduced "superbrain" technology to make our trains and city transport smarter, safer, and more efficient. On Monday, the companies announced the launch of the ...

(Reuters) - General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp, with GE and its shareholders owning ...