Transportation

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• Va. House panel backs transportation funding bill

  The House Finance Committee voted 13-8 to endorse the Republican governor's five-year, $3.1 billion plan and send it to the floor for a vote early next week. "It's a good start," House Speaker William J. Howell, R- Stafford and sponsor of the bill, said in an interview after the committee adopted a few relatively minor amendments and advanced the measure.

• Early Glance: Airlines companies

  Delta Air fell$. 10 or. 7 percent, to $13.74. JetBlue Airways Corp. fell$. 06 or 1.0 percent, to $5.74. Southwest Airlines Co. fell$. 01 or percent, to $11.24.

• UPDATE 3-UPS forecasts 2013 profit below estimates, shares slide

  UPS, the world's largest package-delivery company, said it expects earnings to rise 6 percent to 12 percent in 2013, to $4.80 to $5.06 per share, which is below the average Wall Street target of $5.11.

• UPDATE 1-Dubai's Emirates airline launches $750 mln bond

  *Dubai sovereign sukuk under pressure. DUBAI, Jan 31- Emirates airline, Dubai's flagship carrier, launched a $750 million 12- year amortising bond on Thursday, with final pricing due later in the day, arranging banks said. Order books were reportedly over $1.6 billion at around 0800 GMT, IFR Markets, a unit of Thomson Reuters reported.

• UPDATE 2-UPS forecast weaker than expected, shares slide

  UPS, the world's largest package-delivery company, said it expects earnings to rise 6 percent to 12 percent in 2013, to $4.80 to $5.06 per share, which is below the average Wall Street target of $5.11.

• Train hits tractor-trailer in NJ; 10 injured

  LITTLE FALLS, N.J.-- A commuter train slammed into a tractor-trailer in northern New Jersey in the morning fog Wednesday, injuring 10 people including a school crossing guard who was seriously injured by flying debris. "It was a matter of circumstance, unfortunately," spokesman John Durso Jr. said.

• UPDATE 1-UPS profit misses Wall Street view

  Jan 31- United Parcel Service Inc reported fourth-quarter earnings below analysts' estimates and set a weaker-than-expected profit forecast for 2013, sending its shares lower.

• UPS books loss after big pension charge, sees 2013 profit up

  Jan 31- United Parcel Service Inc reported a net loss in the fourth quarter after a $3 billion one-time charge from pension accounting, and forecast that 2013 earnings would rise 6 percent to 12 percent. UPS, the world's largest parcel delivery company, on Thursday posted a fourth-quarter net loss of $1.75 billion, or $1.83 per share, after the non-cash charge.

• UPDATE 2-ANA counts cost of grounded 787, not yet seeking damages

  TOKYO, Jan 31- All Nippon Airways Co, the launch airline for Boeing Co's 787 Dreamliner jet that has been grounded with undiagnosed battery problems, said it lost more than $15 million in revenue from having to cancel flights this month.

• UPDATE 1-ANA counts cost of grounded 787, may impact future strategy

  TOKYO, Jan 31- All Nippon Airways Co, Asia's top airline by revenue, said the grounding of Boeing Co's 787 Dreamliner jet, with undiagnosed battery problems, would cost it around $15.4 million in lost revenue from cancelled flights this month.

• ANA: Jan cancellations to cause $15 mln in decreased revenue

  TOKYO, Jan 31- All Nippon Airways said on Thursday its flight cancellations in January due to the grounding of Boeing Co's 787 Dreamliner jet would result in 1.4 billion yen in decreased revenue. The Group has calculated that the impact of these cancellations will amount to circa 1.4 billion yen of decreased revenue, "the carrier said.

• Ryder beats in 4Q, issues strong forecast

  MIAMI-- Ryder Systems Inc.' s fourth-quarter profit increased nearly 12 percent to beat Wall Street's expectations on stronger revenue. The Miami- based company earned $53.8 million, or $1.05 per share, for the quarter that ended Dec. 31. Ryder's total revenue increased 3 percent to $1.58 billion from $1.54 billion.

• UPDATE 4-UPS posts loss after pension costs, outlook misses view

  Jan 31- United Parcel Service Inc reported a fourth-quarter net loss after taking a large pension-related charge and forecast weaker-than-expected 2013 profit due to an uneven global economy.

• Final Glance: Airlines companies

  Delta Air rose$. 16 or 1.2 percent, to $13.84. JetBlue Airways Corp. fell$. 26 or 4.4 percent, to $5.80. Southwest Airlines Co. fell$. 09 or. 8 percent, to $11.24.

• ANA Investors Look Past Dreamliner's Woes

  

  All Nippon Airways, Asia's top airline by revenue, has cancelled close to 850 flights over a 4-week period and rescheduled more than 82,000 passengers due to the grounding of the Boeing 787 Dreamliner jet with undiagnosed battery problems.

• Deutsche Bank downgrades Hawaiian Airlines parent

  NEW YORK-- Deutsche Bank downgraded shares of Hawaiian Airlines' parent company on Wednesday, one day after the company reported disappointing fourth-quarter results. On Wednesday, Deutsche Bank lowered Hawaiian to "Hold" from "Buy" and reduced its forecast of the company's 2013 adjusted profit to 90 cents per share from $1.55 per share.

• ANA investors keep faith even as Dreamliner woes drag

  TOKYO, Jan 31- All Nippon Airways Co, Asia's top airline by revenue, has cancelled close to 850 flights over a 4- week period and rescheduled more than 82,000 passengers due to the grounding of the Boeing Co 787 Dreamliner jet with undiagnosed battery problems.

• Boeing CEO: 'We Will Get the 787 Back in Service'

  

  Nearly two weeks after the FAA grounded the 787 Dreamliner, the company's chief exec is confident they will get the beleaguered line of planes back in the air.

• JetBlue shares fall after weak 4Q and downgrade

  JetBlue Airways Corp.' s shares sank Wednesday on disappointing fourth-quarter results and an analyst's downgrade. THE BIG PICTURE: JetBlue, the nation's sixth-biggest airline by passengers carried, said Hurricane Sandy cost it $45 million in lost revenue as it canceled flights and travel slowed, even after the big East Coast storm passed.

• Arkansas Best struggles with higher costs in 4Q

  FORT SMITH, Ark.-- Arkansas Best Corp.' s shares slumped Wednesday after the trucking company posted a larger-than-expected fourth-quarter loss on modest revenue gains and higher expenses. Arkansas Best posted a loss of $7.9 million, or 31 cents per share, for the quarter.