La Grange, Ill.-based Electro-Motive Diesel (EMD) on Monday said it has delivered seven Class 77 locomotives to Akiem, the leasing subsidiary of SNCF Geodis. Akiem will lease these locomotives to the ...

Bombardier Transportation and Electro-Motive Diesel ( a subsidiary of Progress Rail Services) announced Wednesday that they are joining forces to assemble diesel-electric locomotives in India.

PEORIA, Ill. -- Heavy equipment maker Caterpillar Inc. says its Alabama-based railroad service unit will spend $820 million cash to acquire locomotive maker Electro-Motive Diesel. Caterpillar says ...

NEW YORK--(BUSINESS WIRE)--CIT Rail Resources, an operating group of CIT Group Inc. (NYSE: CIT), and one of North America's largest railcar and locomotive lessors, announced today that it has signed ...