October 22, 2014 6:44 PM ET

Machinery

Company Overview of GE - Transportation

Company Overview

GE - Transportation designs, manufactures, and services freight and passenger locomotive, signaling, and communications and control products for the rail industry. It designs and builds marine engines, stationary power systems, wind turbine drive systems, and drilling motors, as well as offers electric drives for mining vehicles. The company also offers crossing control products, monitoring and recording technologies, electronic track circuits and interlocking controls, structures and color lights, switch point machines, train inspection systems, and yard solutions. In addition, it provides locomotive parts, product and service upgrades, monitoring and diagnostics, and wreck repair services;...

500 West Monroe Street

Chicago, IL 60661

United States

Key Executives for GE - Transportation

Chief Executive Officer and President
Age: 43
Chief Financial Officer
President of GE Transportation
Age: 53
Chairman of the Board of General Electric Company and Chief Executive Officer of General Electric Company
Age: 58
Chief Executive Officer of Latin American Region and President of Latin American Region
Compensation as of Fiscal Year 2014.

GE - Transportation Key Developments

GE Transportation Announces New Software Solutions and Services at its Annual Client Conference

GE Transportation hosted its 25th Annual Client Conference June 23 -- 25, 2014. At the conference, GE Transportation announced new software solutions and services. GE Transportation introduced several enhancements to its RailConnect(TM) 360 software products and services including: RailConnect Transportation Management System and RailConnect Revenue Management System, a new user-friendly interface, intuitive menus and picks lists for easy navigation, time-saving custom quick links to regularly-used tools, and report automation, plus connectivity available from multiple browsers and devices. Revenue Management Advanced Analytics, a new business intelligence offering, delivers powerful analytics and KPIs to help railroad accounting and management personnel work more effectively, improve decision making, and optimize revenue management performance. ShipperConnect Yard & Transload Management offers graphical representation and multiple work views of facilities, track layout, and customized process flows to significantly improve the process of managing rail assets and inventory within a plant or transload facility. With a single click, users can view details on shipments, move rail cars within their plants, and load, unload or transfer inventory in railcars, piles, silos, bins, or containers, controlling inventory and managing customer orders. Integration with ERP systems and EDI data sources provides seamless inventory management and control. GE Transportation also announced the addition of new capabilities for railcar demurrage management with the acquisition of Demurrage Management Systems Inc. The technology acquisition expands and strengthens software capabilities in the ShipperConnect Demurrage Management system. The comprehensive offering will manage and calculate railcar demurrage, detention, and storage charges, administer complex demurrage rules and contracts, automate demurrage calculation methods, administer complex rating structures, and manage unlimited exception criteria.

Singapore's Land Transport Authority Chooses GE Transportation to Supply the Signaling of New Thomson and Eastern Region Lines

GE Transportation has been selected by Singapore's Land Transport Authority (LTA) to supply fully automated driverless train control and signaling solutions for the Thomson (TSL) and Eastern Region (ERL) Lines based on its Tempo(TM) portfolio. GE will provide the Tempo(TM) Communication-Based Train Control (CBTC) and Computer-Based Interlocking (CBI) systems as part of a contract which includes the design, manufacturing, supply, installation, testing and commissioning of the signaling system and platform screen doors for both TSL and ERL lines, a deal valued at SGD 159 million. The project will be rolled out in three phases starting in 2019. The Tempo CBTC Solution allows urban transit operators to address their operational and service challenges and needs, ranging from increase in line ridership capacity, revenue service availability and energy consumption to reducing life-cycle costs. This next-generation solution is an integrated and modular signaling and control system, designed to simplify Mass Transit service operations and increase its efficiency. It supports all possible grades of automation to dynamically adjust capacity to required traffic levels while still maintaining safety levels. LTA currently has 148 stations across Singapore. Thomson Line is a 30km underground train line that is expected to be fully completed in 2021. As the sixth Mass Rapid Transit (MRT) line, it will have 22 stations and 6 interchange stations which will link with the East-West Line, North-South Line, Circle Line and the Downtown Line. The Eastern Region Line will run together with the Thomson Line as one line. Both lines are key deliverables in LTA's Land Transport Master Plan, which ultimately aims by 2030 to provide 8 in 10 households in Singapore access to a train station within a 10-minute walk and to enable 85% of all public transport journeys (less than 20km) to be completed within 60 minutes.

Komatsu and GE Transportation Sign Agreement to Establish Joint-Venture for Development of Next Generation Mining Equipment

Komatsu and GE Mining, a division of GE Transportation, announced a new collaboration to develop next generation mining equipment. By combining their expertise in mining equipment and propulsion systems, the companies will help meet the needs of customers and partners worldwide, with an initial focus on developing solutions to increase customer productivity and safety for underground mines. The new company, Komatsu GE Mining Systems, LLC, will be located at the GE Transportation facility in Erie, PA and operations will begin in April 2014. Komatsu and GE will each own 50% of the new company.

Similar Private Companies By Industry

Company Name Region
Aetna Bearing Company United States
SembCorp-Sabine Industries, Inc. United States
Sullivan-Palatek, Inc. United States
RailRunner N.A., Inc. United States
Roper Pump Company United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GE - Transportation, please visit www.getransportation.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.