General Electric's (NYSE: GE) business unit, GE Transportation, has entered an agreement with Cosan for delivery of 50 new AC44i locomotives for freight transport. Cosan signed the agreement through its subsidiary for logistics operations, Rumo. Cosan will use the new locomotives to transport sugar from its processing plants to port on the rail infrastructure provided by its partner America Latina Logistica (ALL).
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The Model AC44i locomotives are powered by diesel engines that are supplied by GE Transportation's plant in Grove City, Pennsylvania. The locomotives feature GE's AC individual-axle traction control technology which enables the Model AC44i to haul heavier loads.
About GE Transportation
Established more than 100 years ago, GE Transportation, a unit of General Electric Company (NYSE: GE), is a global technology leader and supplier to the railroad, marine, drilling, and mining and wind power industries.
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