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Erie County Report

Erie County and PA news, analysis and opinion


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GE Earnings Call Paints Bleak Picture for Transportation

July 29, 2017 by Paul Crowe

BNSF locomotives in storage

During the earnings call on July 21st, Jeff Bornstein, General Electric Company, Vice Chairman laid out the situation for GE Transportation and it explains why major changes are necessary: On Transportation, North American carload volume continues to improve off a low base. Carload volume grew 7.3% in the quarter, driven by Intermodal higher by 5.6% […]

GE Just One of Many HQ Moves to Chicago

February 3, 2016 by Paul Crowe

GE Transportation moved its headquarters to Chicago like a lot of other companies.

The days of companies planting the flag and building a major headquarters and all of their operations in any one city seem to be over. When GE Transportation moved its headquarters to Chicago, it wasn’t unique. It joined a long list of companies relocating from all over the country to a smaller office in middle […]

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