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  • SINGAPORE, April 1- A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad weather and possible oil quality issues, shipping industry sources said. The problems could delay or limit the number of oil export cargoes from Basra in April, potentially pushing down...

  • Final Glance: Airlines companies Tuesday, 31 Mar 2015 | 5:58 PM ET

    Delta Air fell$. 60 or 1.3 percent, to $44.96. JetBlue Airways Corp. fell$. 11 or. 6 percent, to $19.25. Southwest Airlines Co. fell$. 28 or. 6 percent, to $44.30.

  • NEWARK, N.J.— Federal officials are looking into more laser-pointing incidents at Newark Liberty International Airport. The Federal Aviation Administration says two flights reported lasers were shone at them Saturday night. Last year the FBI offered a $10,000 reward for information leading to an arrest.

  • PHOENIX— Arizona taxi companies that also operate ride-hailing services won a major concession Tuesday on insurance in a bill overhauling regulations for firms such as Uber and Lyft. A Senate amendment to the bill by Republican Rep. House Bill 2135 received initial Senate approval on Tuesday but the effect of the amendment remained unclear.

  • Dannel P. Malloy on Tuesday announced the formation of a nonpartisan group that will spend the next several months coming up with options to fund his proposed 30- year, $100 billion overhaul of Connecticut's transportation system. The Democrat said the Governor's Transportation Finance Panel will recommend transportation financing options to him by the...

  • MEXICO CITY, March 31- Mexico is trying to get Chinese state-run companies involved in the construction of a new $11 billion airport as it seeks to make up for a tainted rail tender that soured relations with Beijing, a source with knowledge of the government plan said. Mexico announced in September it would build the new Mexico City airport to relieve congestion...

  • NEW YORK, March 31- Billionaire investor George Soros and Indian entrepreneur Purnendu Chatterjee on Tuesday won the dismissal of a U.S. lawsuit in which cargo carrier TradeWinds Airlines Inc sought to have them pay a $54.9 million judgment it could not collect. District Judge John Keenan in Manhattan said TradeWinds and its former parent Coreolis Holdings...

  • Midday Glance: Airlines companies Tuesday, 31 Mar 2015 | 2:47 PM ET

    Delta Air fell$. 80 or 1.8 percent, to $44.76. JetBlue Airways Corp. fell$. 21 or 1.1 percent, to $19.15. Southwest Airlines Co. fell$. 18 or. 4 percent, to $44.40.

  • BERLIN, March 31- The German pilot who crashed a plane in the French Alps last week, killing 150 people, told officials at a Lufthansa training school in 2009 that he had gone through a period of severe depression, the airline said on Tuesday. The statement is potentially damaging for the airline and its CEO Carsten Spohr, who told reporters last week that the carrier...

  • FAIRBANKS, Alaska— Police in Fairbanks, Alaska, say a 21- year-old man drove a stolen forklift more than 3 miles while intoxicated to retrieve a truck he crashed. Matt Soden says just before 6 a.m. Monday, Aleksandr Glushko of Delta Junction drove off a road in a pickup and crashed into pipe stacked in a company yard. An Alaska Railroad worker spotted the forklift...

  • Southwest diverts flight to Idaho over burning smell Tuesday, 31 Mar 2015 | 2:07 PM ET

    BOISE, Idaho— A Southwest Airlines flight from Phoenix to Spokane, Washington, was diverted to Idaho after a burning electrical or smoke smell was reported in the passenger cabin. Southwest Airlines spokesman Brad Hawkins says the captain in command of the flight heard reports of an odor and decided to divert the plane so mechanics could make safety checks.

  • Early Glance: Airlines companies Tuesday, 31 Mar 2015 | 10:29 AM ET

    Delta Air fell$. 67 or 1.5 percent, to $44.89. JetBlue Airways Corp. fell$. 08 or. 4 percent, to $19.28. Southwest Airlines Co. fell$. 48 or 1.1 percent, to $44.10.

  • Transportation strike in Argentina shuts down country Tuesday, 31 Mar 2015 | 7:39 AM ET

    BUENOS AIRES, Argentina— Transportation unions brought Argentina to a standstill on Tuesday with a one-day national strike to protest income tax rates and high inflation they say is eroding their earnings. Even drivers with their own cars had a hard time getting into the capital because members of the Socialist Workers party blocked the principal routes...

  • BRUSSELS, March 31- European, Turkish and Chinese recyclers are set to benefit from strict new EU rules on breaking up old ships, but the practice of dismantling them on beaches in South Asia-- at great human and environmental cost-- will still be hard to stop. Of 1,026 ocean-going ships recycled in 2014, 641 were taken apart on beaches in India, Bangladesh and Pakistan,...

  • The airline said that as part of its internal research it found emails that Andreas Lubitz sent to the Lufthansa flight school in Bremen when he resumed his training there in 2009 after an interruption of several months. Authorities say the 27- year-old Lubitz, who in the past had been treated for suicidal tendencies, locked his captain out of the cockpit before...

  • Shipping lines: Can they survive?   Tuesday, 31 Mar 2015 | 4:50 AM ET
    Shipping lines: Can they survive?

    Is oil the sole perpetrator for the slowdown in the shipping industry? Albert Stein, Managing Director of AlixPartners, says oil is a "mixed blessing" for different types of ships, while talking about the industry's outlook.

  • But 14 states, mainly west of the Mississippi River, now have speed limits of 75, 80, even 85 mph in part of Texas. "It's a recipe for disaster," said James Perham, president of Extreme Transportation Corp., an automobile-hauling company near San Diego that filed a complaint with regulators about Michelin tires after seven blowouts caused an estimated $20,000 to...

  • SAO PAULO, March 30- Brazilian airline Gol Linhas Aereas SA expects positive operating income in 2015 and an operating margin of between 2 and 5 percent, the company said in a securities filing on Monday. The airline may revise its outlook for the year because of "an adverse macroeconomic scenario," the filing said. Gol also reiterated its expectations for stable...

  • Final Glance: Airlines companies Monday, 30 Mar 2015 | 5:56 PM ET

    Delta Air rose$. 68 or 1.5 percent, to $45.56. JetBlue Airways Corp. rose$. 08 or. 4 percent, to $19.36. Southwest Airlines Co. rose$. 34 or. 8 percent, to $44.58.

  • SANTIAGO, March 30- The Chilean-based LATAM Airlines said on Monday it was canceling a large number of domestic flights in Argentina as well as some international ones into and out of the country due to an upcoming general strike. Banks will also close their doors and port workers in the Rosario grains hub 300 km northwest of Buenos Aires will down tools.

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