Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

GE Transportation, an operating unit of General Electric Company (GE - Analyst Report), has recently revealed that its Trip Optimizer Energy Management system has registered 100 million miles of revenue service since its inception in 2009, saving about 25 million gallons of diesel for the economy.

Designed as a cruise control system for trains that automatically regulates speed in accordance with a fuel optimum plan, Trip Optimizer saves 3% to 17% fuel depending on the type of train service and rail topography. It tracks data from on-board track topography map, GPS signals, train weight, length and configuration, and complex train handling algorithms to significantly reduce fuel emissions and greenhouse gases in each locomotive equivalent to 75 automobiles operating for a year.  

With healthy fuel efficiencies, Trip Optimizer has been widely adopted by eight different railroad customers across 2,500 locomotives in North America, Australia and Brazil, with an additional 2,000 systems pending installation. Such technologically-advanced solutions that provide increased data, analytics, connectivity and insight into operational processes enable GE Transportation to strengthen its market presence and benefit the industry as a whole with more accurate real-time information.

General Electric is one of the largest and most diversified technology and financial services corporations in the world. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and industrial products, the company serves over 100 million customers worldwide.

Its segments include Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Home & Business Solutions, and GE Capital. GE Transportation provides technology solutions for customers in a variety of industries, such as railroad, marine, drilling, wind and mining. The business provides freight and passenger locomotives, railway signaling and communications systems, information technology solutions, marine engines, motorized drive systems for mining trucks and drills, high-quality replacement parts and value added services.

General Electric currently has a Zacks Rank #3 (Hold). Other companies in the industry that are worth mentioning include Macquarie Infrastructure Company LLC (MIC - Snapshot Report), Carlisle Companies Incorporated (CSL - Snapshot Report) and Honeywell International Inc. (HON - Analyst Report), each carrying a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
LAKE SHORE G LSG 0.77 +6.05%
SKECHERS USA SKX 38.53 +4.50%
QUESTCOR PHA QCOR 80.07 +2.47%
VIPSHOP HOLD VIPS 156.35 +1.82%
ENLINK MIDS ENLC 36.29 +1.60%