ge News Updates

TCA

Illinois Rivers Project Could Get New Life With Trump Infrastructure Push

Often overlooked in an age of air travel and superhighways, infrastructure on the Midwest's major rivers may be poised for an upgrade.

March 14, 2017
Government, Business

FHWA Releases $1 Million in Emergency Aid to Repair Nevada’s Storm-Damaged Infrastructure

The Federal Highway Administration on Feb. 21 announced it was making available $1 million in emergency relief funds for repairs to flood-damaged roads and bridges in Nevada.

February 22, 2017
Business

EZE Truck Holdings Merges with Farren International

EZE Truck Holdings, which owns several flatbed and heavy-haul companies, announced a merger on Sept. 20 with Farren International.

September 21, 2016
Business

Volvo Trucks North America Lays Off 143 at Powertrain Facility

Volvo Trucks North America laid off 143 employees effective Sept. 19 at its powertrain manufacturing facility in Hagerstown, Maryland, the company announced.

September 19, 2016
Business

Agility Fuel Systems and Division of Hexagon Composites to Merge

Norwegian manufacturer Hexagon Composites and Agility Fuel Systems announced plans to merge Hexagon's compressed natural gas automotive products division with Agility to form a new company, Agility Fuel Solutions.

June 14, 2016
Business

GE to Sell Finance Unit to Canada-Based BMO

General Electric has agreed to sell its Transportation Finance unit, North America’s largest lender to the commercial truck and trailer markets, to Toronto-based BMO Financial Group.

September 21, 2015
Business

Study Says Trucks Aren't to Blame for Congestion in Austin

Interstate 35 in Austin, Texas, has been pegged as one of the nation's worst bottlenecks for traffic. But a new report says that contrary to perception, it's not large trucks that are at fault.

August 12, 2015
Government, Business

Regulators Provide Little Oversight of Truck Driving Skill Testers, Report Says

Federal regulators provide weak oversight of third-party contractors that most states use to administer driving skills tests to truck drivers applying for commercial driver licenses, according to a new government report.

August 6, 2015
Business

GE Announces Fleet Sales Deals With Element, Arval

GE announced an agreement to sell its fleet business in the U.S. and other countries to Element Financial Corp. for $6.9 billion as the seller exits the trucking business to focus on other industrial sectors.

June 29, 2015
Business

J&R Schugel Taking Over Portion of Kraft's Fleet, Drivers

J&R Schugel Trucking said it will take over the Kraft Foods private fleet and about 25 drivers in New Ulm, Minnesota, effective Aug. 17.

August 8, 2014