GE Transportation, an operating unit of
General Electric Company
), 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
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
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
Carlisle Companies Incorporated
Honeywell International Inc.
), each carrying a Zacks Rank #2 (Buy).
CARLISLE COS IN (CSL): Free Stock Analysis
GENL ELECTRIC (GE): Free Stock Analysis
HONEYWELL INTL (HON): Free Stock Analysis
MACQUARIE INFRA (MIC): Free Stock Analysis
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