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  • CHICAGO, April 14- U.S. railroad CSX Corp on Tuesday reported a higher quarterly net profit, as a growing economy lifted freight volumes and allowed it to charge higher rates to customers. The Jacksonville, Florida- based company reported first-quarter net income of $442 million or 45 cents per share, an 11 percent increase over the $398 million, or 40 cents a share,...

  • April 14- The stronger U.S. dollar has offset "quite a lot of the benefit" of lower oil prices for airlines that are not earning much in that currency, International Air Transport Association Director General Tony Tyler told reporters on Tuesday. While Tyler said IATA will update its airline profit forecast in June, the remarks reflect the currency challenges...

  • NEW YORK, April 14- JetBlue Airways Corp, the fifth biggest U.S. airline by passengers carried, consistently cancels flights sooner than rivals when storms pummel the U.S. Early cancellations reduce requests for refunds, JetBlue's Chief Executive Officer Robin Hayes told Reuters. At the same time, the four largest U.S. airlines- American Airlines Group Inc, Delta...

  • What port issues? Ship to Florida, says Gov. Scott Monday, 13 Apr 2015 | 4:30 PM ET
    Florida Gov. Rick Scott

    In the wake of a dispute that gridlocked key California ports, Scott was in Los Angeles courting companies hurt by the impasse.

  • Southern drivers spend most on gas: Here's why Monday, 13 Apr 2015 | 1:32 PM ET
    Gas pump gasoline prices

    An Energy Department analysis finds that drivers in the South spend more on gasoline than areas of the country with larger mass transit systems.

  • New York's TSA collected HOW MUCH in loose change?! Monday, 13 Apr 2015 | 9:49 AM ET
    copper pennies

    The TSA collected $76,000 in loose change left at security checkpoints in New York City area's three major airports last year.

  • SAN FRANCISCO, April 10- California carbon futures were largely unchanged this week as traders awaited details of Ontario's expected announcement that it will join North America's largest carbon market, a move that could increase its size by 30 percent. California carbon prices did not get an immediate boost from the Ontario news because it is not yet clear...

  • Go east, young man! Port strike's clear winner Friday, 10 Apr 2015 | 4:11 PM ET
    The NYK Joanna container ship sits docked at the Dante B. Fascell Port of Miami-Dade County in Miami, Florida.

    While West Coast ports' labor strikes wreaked economic havoc, East Coast ports have emerged as the clear winner.

  • TOKYO, April 10- Mitsubishi Aircraft said on Friday it will delay the maiden test flight of Japan's first commercial jet in half a century, squeezing further an already tight schedule to begin deliveries in two years. ANA Holdings, it said, is still slated to get the first MRJ in June 2017, three years later than initially planned. "We are still planning to deliver to...

  • Ola Cabs: How we're battling Uber   Friday, 10 Apr 2015 | 12:43 AM ET
    Ola Cabs: How we're battling Uber

    Bhavish Aggarwal, co-Founder and CEO of Ola Cabs, discusses how the taxi app plans to take on Uber, which is reportedly entering India's auto-rickshaw space.

  • U.S. agency weighs reopening Jeep fires probe Thursday, 9 Apr 2015 | 5:17 PM ET

    DETROIT, April 9- U.S. vehicle safety regulators said Thursday they could reopen an investigation into whether Fiat Chrysler Automobiles needs to take more action to reduce the risk of gas tank fires in older Jeep sport utilities. "All options are available to us to address" the issue of fires in Fiat Chrysler Automobiles' older Jeep SUVs, a National Highway...

  • DACHANGSHAN ISLAND, China, April 10- When officials reopened the airport on the sparsely populated Dachangshan island off China's north-east coast after a $6 million refurbishment in 2008, they planned to welcome 42,000 passengers in 2010 and another 78,000 in 2015.. However, fewer than 4,000 passengers- or just a 10 a day- passed through its gates in 2013, data...

  • PARIS, April 9- Budget airline Norwegian Air has been approached by several rival airlines about possible partnerships but is keen to follow an independent strategy, Chief Executive Bjoern Kjos said on Thursday. Norwegian has expanded rapidly in recent years to become Europe's third-biggest low cost carrier after Ryanair and easyJet but falling margins...

  • TORONTO, April 9- Canadian plane and train maker Bombardier Inc made the latest in a series of management shuffles on Thursday, saying commercial aircraft president Mike Arcamone, who has overseen the troubled CSeries jet program, will leave the company. Fred Cromer, former president of aircraft leasing company International Lease Finance Corp, replaces...

  • Airlines’ latest headache: Religious seating Thursday, 9 Apr 2015 | 10:22 AM ET
    Ultra-Orthodox Jewish men at airport

    Passengers share stories of conflicts among men trying to follow their faith and women just hoping to sit down, the NYT reports.

  • Storm brings tornadoes, giant-sized hail to US Thursday, 9 Apr 2015 | 7:51 AM ET

    A storm peppered a 1,500-mile arc with 10 reported tornadoes, hail and winds of up to 80 mph Wednesday, NBC News reported.

  • As the Middle East and U.S. Gulf Coast transform into refining hubs, traders require ever-larger tankers to move oil products such as gasoline, diesel and aviation fuel to Europe, Asia and Latin America. Trading powerhouses such as Vitol, Total and Shell have already booked vessels that can carry as much as 1 million barrels- more than three times the typical size...

  • PARIS/ BERLIN, April 8- Airbus plans to offer airlines more choice in the way they configure their planes, and sees carriers opting for different levels of comfort within their economy cabins, a senior Airbus executive said on Wednesday. It also plans to redefine the capacity of its wide-body jets to add premium economy to the traditional economy and business...

  • *China's car sales growth slowing. BEIJING, April 9- Edward Bao, a Chinese highway operations manager in the coastal city of Ningbo, is hunting for a bigger car for his young family and is considering trading up from a compact sedan to a sports utility vehicle. Bao is part of China's swelling ranks of middle-class consumers who are upgrading to SUVs and in the process...

  • Stock picks: Why analysts see upside in transports Wednesday, 8 Apr 2015 | 2:25 PM ET
    Workers prepare to offload an incoming FedEx plane in Newark, New Jersey.

    It's been a rocky road for transports. But for those willing to ride out the volatility, there are good buying opportunities.

Contact Transportation


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