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
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 […]
