La Grange, Ill.-based Electro-Motive Diesel (EMD) on Monday said it has delivered seven Class 77 locomotives to Akiem, the leasing subsidiary of SNCF Geodis. Akiem will lease these locomotives to the ...

Caterpillar Inc. on Aug. 31 marked the 100th anniversary of EMD®. Founded as Electro-Motive Engineering Corporation, EMD is now a product brand of Progress Rail, a Caterpillar company. (Courtesy of ...

Caterpillar Inc. of Peoria, the world’s largest maker of construction equipment, said Tuesday that it agreed to buy locomotive manufacturer Electro-Motive Diesel Inc. of La Grange for $820 million to ...

Simply sign up to the US & Canadian companies myFT Digest -- delivered directly to your inbox. The company that has dominated key segments of the European diesel locomotive market is set to face ...

NEW YORK--(BUSINESS WIRE)--CIT Rail Resources, an operating group of CIT Group Inc. (NYSE: CIT), and one of North America's largest railcar and locomotive lessors, announced today that it has signed ...

MONTREAL, April 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a ...

Three of what are considered to be the finest diesel passenger locomotives ever built, EMD (Electro Motive Division of General Motors) E 9 AMs, will team up to make their historic final run on the ...

Caterpillar Inc. agreed to buy a U.S. maker of railroad locomotives Tuesday for $820-million (U.S.) in cash, expanding its rail business from service into engine manufacturing. The world's largest ...

PEORIA, Ill. -- Heavy equipment maker Caterpillar Inc. says its Alabama-based railroad service unit will spend $820 million cash to acquire locomotive maker Electro-Motive Diesel. Caterpillar says ...