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 ...

Caterpillar Inc. of Peoria, the world’s largest maker of construction equipment, said Tuesday that it agreed to buy locomotive manufacturer Electro-Motive Diesel Inc. of La Grange for $820 million to ...

Simply sign up to the US & Canadian companies myFT Digest -- delivered directly to your inbox. The company that has dominated key segments of the European diesel locomotive market is set to face ...

Senior Editor Cody Grivno reviews the new Atlas Trainman HO Electro-Motive Division (EMD) GP38-2 diesel locomotive. First, ...

Caterpillar Inc. agreed to buy a U.S. maker of railroad locomotives Tuesday for $820-million (U.S.) in cash, expanding its rail business from service into engine manufacturing. The world's largest ...

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 ...