Plains has been expanding its oil transportation and gathering facilities, striking two deals last month to expand in the Permian Basin, the top U.S. oil field. "We are encouraged by the significant increase in drilling and completion activities in the Permian Basin observed over the latter half of 2016 and continuing into 2017," Chief Executive Greg Armstrong...
China’s first homegrown passenger plane is to take to the skies before July this year, according to state media.
SAN FRANCISCO, Feb 1- Amazon.com Inc plans to schedule more than 200 flight departures and landings per day at a $1.49 billion cargo hub it is building near Cincinnati, the airport's chief said in an interview on Wednesday, in a sign of the soaring ambitions of the online retailer. It is written in the lease term sheet that Amazon and the airport expect to sign, said...
AMAZON'S CARGO HUB WILL HAVE PARKING FOR MORE THAN 100 PLANES-AIRPORT CEO.
AMAZON.COM INC PLANS MORE THAN 200 FLIGHTS PER DAY AT NEW CARGO HUB IT IS BUILDING NEAR CINCINNATI- AIRPORT CEO.
The “Fast Money” traders discuss the trade on UPS, which is down more than 3 percent as Amazon announces new plans for their Kentucky air cargo hub.
SAN FRANCISCO, Jan 31- Amazon.com Inc plans to invest $1.49 billion to build a large air cargo hub in northern Kentucky, state officials said on Tuesday, stoking expectations it may one day opt to directly compete with FedEx Corp and United Parcel Service Inc.. "We estimate a $400 billion- plus market opportunity for Amazon in delivery, freight forwarding, and...
Boeing is due to report total order activity for 2016 later on Friday, but analysts believe the world's biggest plane maker may fall short of targets.
After a long rough patch, Indian aviation is finally booming, but that growth is now taking a toll on the industry's infrastructure.
This is the latest step in the China’s Belt and Road initiative.
Brandon Oglenski, Barclays, discusses whether investors should buy FedEx on the dips.
Higher ground network costs hit earnings this quarter, says David Campbell at Thompson, Davis & Company.
CNBC's Morgan Brennan reports on FedEx's earnings conference call, including what CEO Fred Smith has to say. The "Fast Money" traders weigh in.
Earnings are out for FedEx. CNBC's Morgan Brennan reports the details. CNBC's Mike Santoli and Stephanie Link, TIAA Global Asset Management, weigh in.
CNBC's Morgan Brennan provides a preview of FedEx's quarterly results.
CNBC's Morgan Brennan reports on how shippers like FedEx and the U.S. Postal Service are set to cope with what could be the busiest shipping day of the holiday season to get packages to doorsteps by Christmas.
CNBC's Morgan Brennan reports on the delivery rush for FedEx and UPS ahead of the holidays.
Reporter Morgan Brennan goes inside “The Matrix” to find out how workers and boxes navigate 42 miles of conveyor belts at the massive sorting hub that will handle an estimated 355 million FedEx packages between Thanksgiving and Christmas Eve.
The "Fast Money" traders discuss why bad news for FedEx and UPS could be good news for retail.
Donald Broughton, Avondale Partners, weighs in on the transportation sector, as it leads stocks to all-time highs.