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GE Transportation is a global technology leader and supplier to the railroad, marine, drilling, wind and mining industries. GE provides freight and passenger locomotives, railway signaling and communications systems, information technology solutions, marine engines, motorized drive systems for mining trucks and drills, high-quality replacement parts and value added services.
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GE Transportation reported segment profits for fourth quarter 2012 of $252 million, up from $226 million in fourth quarter 2011. Full year 2012 profits were $1.0 billion, up from $757 million in 2011.
Fourth quarter revenues were $1.4 billion, which declined 7% year-over-year. Revenues for the full year 2012 were $5.6 billion, up 15% over 2011.
Have you ever heard of a brilliant train? GE’s newest freight and passenger Evolution Series locomotives are our smartest and cleanest diesel-electrics on rails. Advanced engineering puts it in a class by itself. Built in the USA and coming your way.
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GE Transportation’s Optimization Solutions, a leading provider of transportation management software and analytics to the railroad industry, announced today its highly anticipated 2013 User Group and Commercial Conference will be held in Atlanta, Georgia on June 10-12. Optimization Solutions showcases this annual event to provide customers with training and education and introduce new and innovative software applications to help railroads, rail shippers, railcar owners and intermodal terminal operators manage their operations and improve performance.
General Manager, Peter Thomas, said, “The annual User Group and Commercial Conference is an industry event our clients look forward to year after year. It provides our users an opportunity to learn about our new software innovations and get hands-on experience with our software. Additional benefits include learning best practices, networking with industry peers and hearing from rail industry leaders.”
A recent article published in African Review takes a look at how GE Energy Storage delivers immediate return on investment in telecommunications through its Durathon Battery product.
When used alongside generators in remote cell tower sites or in areas with unstable electrical grids, the Durathon Battery is able to minimize diesel fuel usage for telecommunications operators. This reduces fuel costs, as well as the operator’s carbon footprint — two features that make the battery a game-changer in the marketplace.
GE Mi
ning announced that it had finalised the purchase of mining equipment manufacturer, Industrea Ltd. The $700 million transaction, which includes equipment manufacturing and servicing operations in Australia and China, allows GE Mining to expand its product and service offering to bring more efficient, high productivity, and low emission equipment to its mining customers globally.
Industrea Ltd is a provider of safety and productivity-enhancing mining equipment, with more than 700 employees across seven Australian locations, and a significant presence in China. It will form part of the global GE Mining business, headquartered in Brisbane.
