January 30, 2015 4:33 AM ET

Energy Equipment and Services

Company Overview of GE Transportation

Company Overview

GE Transportation manufactures passenger and freight diesel-electric and electric locomotives to railroad, mining, marine, stationary power, drilling, and energy storage industries. The company offers electric motors for the onshore and offshore applications in the oil and gas industry; intelligent transportation solutions that include signaling and train control, and train optimization; freight and passenger diesel-electric locomotives, signaling, and communications systems, as well as rail services; and medium-speed diesel engines. It also provides propulsion systems and mining equipment, as well as power, productivity, and water mining solutions; RailConnect 360, a connected suite of solu...

500 West Monroe Street

Chicago, IL 60661

United States





Key Executives for GE Transportation

Chief Executive Officer and President
Age: 43
Chief Financial Officer
Chief Executive Officer 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 the Release of its RailConnect 360 Software

GE Transportation announced the release of its RailConnect 360 software enhancement for rail shippers, ShipperConnect Demurrage Management, a cloud-based software solution that improves railcar demurrage billing accuracy. ShipperConnect Demurrage Management simplifies the demurrage billing process, allowing shippers to internally manage their demurrage, storage and detention records. It does this by capturing railcar events and dynamically calculating tariff rules, making immediate adjustments to demurrage payments. Demurrage Management improves productivity by eliminating manual data collection and processing. It also reduces demurrage liability by removing tariff interruption and missed exceptions. ShipperConnect Demurrage Management is part of a connected suite of software solutions called RailConnect 360. RailConnect 360 provides railroads and rail shippers with data-driven insights to improve the reliability and availability of their assets and to optimize their operations and reduce life cycle costs. It is a customizable and connected enterprise solution that impacts the entire rail supply chain.

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.

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