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Transportation Air Freight and Logistics

  • FedEx delivery person, Chris Aniemeka, delivers packages on the day the company announced they plan to purchase TNT Express NV on April 7, 2015 in Miami, Florida.

    FedEx said its results will be hurt as a result of June's massive cyber attack.

  • Mid-size cities on the rise as hot spots for fulfillment center businesses

    CNBC's Aditi Roy reports on job growth and increased economic value in mid-size cities across the U.S., thanks to the growth of fulfillment centers.

  • NEW YORK, July 13- Extreme heat over the next several decades will make it more difficult for full planes to get off the ground, requiring airlines to offload fuel, cargo and at times even passengers to manage smooth takeoffs, according to a study by a research unit of Columbia University released on Thursday. If severe heat waves related to climate change become...

  • Top States Worst Infrastructure

    Trump backs a $1 trillion infrastructure plan mixing state and private spending. These 10 crumbling states need it most.

  • Construction workers pour concrete as part of a bridge expansion project in California.

    These 10 states have the best infrastructure in America, from roads and bridges to railways, ports, airports and utilities.

  • Container ship Cosco Development, registered and sailing under the flag of Hong Kong, is seen near from Panama City on May 2, 2017.

    COSCO Shipping's and Hong Kong's OOIL's shares leaped on Monday after COSCO Shipping made a $6.3 billion bid for OOIL on Sunday.

  • Korean Air Lines Co. Boeing Co. freighters

    South Korean police raided the Korean Air headquarters Friday amid a probe of embezzlement and breach of trust, a police official said.

  • NEW YORK, July 3- U.S. market watchers on Monday received a bullish sign to kick off the second half of the year as the closely followed Dow transports set record highs for the first time since March 1. The 20- component index eclipsed its March 1 intraday record of 9,639.33, rising as high as 9,681.88 during the session. It also tallied its first closing high since...

  • NEW YORK, July 3- U.S. market watchers on Monday received a bullish sign to kick off the second half of the year as the closely followed Dow transports set an all-time intraday record high for the first time since March 1. The 20- component index eclipsed its March 1 intraday record of 9,639.33, rising as high as 9,672.62 in morning trading. Should the index finish on...

  • TIANJIN, China, June 30- The struggles of China's small and medium-sized firms have grown so acute that many are expected to become unprofitable or even go belly-up this year, boding ill for an economy running short on strong growth drivers. The companies- which account for over 60 percent of China's $11 trillion gross domestic product- have entered the most...

  • *Port operations from Mumbai to Los Angeles disrupted. COPENHAGEN, June 28- The Danish owner of the world's largest container shipper Maersk Line, said its computer systems were among those hit by the global Petya cyber attack, causing it problems processing orders and delaying cargoes. Moller-Maersk said the cyber extortion, which has disrupted businesses...

  • *Port operations from Mumbai to Los Angeles disrupted. COPENHAGEN, June 28- The owner of the world's largest container shipper Maersk Line, said its computer systems were among those hit by the global Petya cyber attack, causing it problems processing orders and delaying cargoes. The cyber extortion, which has disrupted businesses around the globe, has also...

  • *Port operations from Mumbai to Los Angeles disrupted. COPENHAGEN, June 28- Denmark's A.P. The cyber extortion campaign, which has disrupted businesses around the world, has also caused congestion at some of the 76 port terminals run by Maersk's APM Terminals unit, including in the United States, India, Spain and the Netherlands.

  • HONG KONG, June 26- Best Inc, a Chinese logistics company backed by Alibaba Group, said it aims to raise up to $750 million from an initial public offering in the United States, betting an e-commerce boom in China will spur demand for its package delivery services and supply chain technology. The company founded by Johnny Chou, a former Greater China president of...

  • June 26- Best Inc, a Chinese logistics company backed by Alibaba Group Holding Ltd, on Monday filed for an initial public offering of American depositary shares to raise up to $750 million. Hangzhou- based Best Inc was founded by Shao-Ning Johnny Chou, a former Greater China president of Google. Best will apply for listing its ADSs on the NYSE or the Nasdaq Global...

  • FedEx has solid earnings growth: Donald Broughton

    David Dietze, president and chief investment strategist at Point View, and Donald Broughton, principal and managing partner at Broughton, debate Fedex's stock ahead of the company earnings.

  • PARIS, June 20- Boeing revised up its rolling 20- year industry forecast for passenger and freight planes by 4 percent on Tuesday, though signs at the world's biggest air show suggest a cooling of demand at the moment after years of red-hot growth. Leasing firm Aviation Capital Group, for example, said on Tuesday it had placed an order for 20 of the new 737 MAX 10 jets,...

  • PARIS, June 20- Boeing revised up its rolling 20- year industry forecast for passenger and freight planes by 4 percent on Tuesday, but shaved its projections for traffic growth on signs that recent rapid expansion in China and parts of Asia is starting to moderate. Air travel has been on a sharp uptrend, led by emerging economies as China looks set to replace North...

  • PARIS, June 19- Boeing will convert three second-hand 767 passenger planes to freighters on behalf of package delivery company United Parcel Service, the companies said on Monday. The new division officially starts work on July 1. Boeing aims to increase its annual services revenue to $50 billion in 10 years from about $15 billion currently.

  • Tracking freight in real-time

    Ryan Petersen, CEO of Flexport, talks about how his company makes use of technology to make freight tracking more efficient for end users.