Tuesday, December 29, 2015

GE continues its business strategy into LNG


About two years ago GE made the prudent business decision to move into the new lucrative shale plays in the US. To fund the move they began selling off their massive financial business line that was being hampered by new government regulations that would change their financial business model. So it’s no surprise that GE is now working in the locomotive business too. With a brother-in-law that successfully works in the national trucking industry for over 20 yrs says it is getting tougher and tougher for the trucking industry due to the lack of CDL truck drivers. The oil & gas industry is always advertising for CDL drivers. So it’s no surprise that Eco imaginative GE is working towards a locomotive fueled by LNG. The rail industry has already benefited by the shale industry as expressed by CSX, NorfolkSouthern and Union Pacific. In Lycoming County (PA) alone the rail traffic has increased by over 800% since 2010. The rail system transports items such as sand as well as pipeline. Way
http://www.shaledirectories.com/blog/ge-continues-its-business-strategy-into-lng/

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