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  • On Feb. 5, the Transportation Department sent the White House draft rules that would require oil trains to use stronger tank cars and make other safety improvements. The most serious killed 47 people and destroyed the town center of Lac Megantic in Quebec, Canada, just across the border from Maine, in 2013.. But among them are a stronger tank car design that includes...

  • India's government budget: What to expect  Thursday, 26 Feb 2015 | 10:30 PM ET

    Subir Gokarn, director of Research at Brookings India, outlines his expectations for the government budget due on Saturday.

  • Will railway plans bust India's fiscal deficit?  Thursday, 26 Feb 2015 | 8:43 PM ET

    While India faces issues in reining in its fiscal deficit, there is a need to increase investments to spur growth, says Duvvuri Subbarao, former governor of Reserve Bank of India.

  • SAO PAULO, Feb 26- Brazilian truckers continued a nine-day-old strike on Thursday, unmoved by an initial government offer to meet some of their demands or by threats of hefty fines. The strike, which spread from a few road blocks on Feb. 18 in the main soybean state of Mato Grosso to 91 blockades across nine states on Thursday, has caused lines at filling stations and...

  • Final Glance: Airlines companies Thursday, 26 Feb 2015 | 6:02 PM ET

    Delta Air fell$. 92 or 2.0 percent, to $45.92. JetBlue Airways Corp. fell$. 18 or 1.0 percent, to $17.35. Southwest Airlines Co. fell$. 04 or. 1 percent, to $44.08.

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...

  • Air Methods beats Street 4Q forecasts Thursday, 26 Feb 2015 | 4:48 PM ET

    ENGLEWOOD, Colo. _ Air Methods Corp. on Thursday reported fourth-quarter net income of $21.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Air Methods shares have risen almost 4 percent since the beginning of the year.

  • WASHINGTON, Feb 26- A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a U.S. Senate panel on Thursday. The vote by 13 Republican and Democratic members of the Senate Commerce, Science and Transportation Committee sends the legislation, which would allow whistleblowers to share in...

  • The worker had started with the Postal Service as a mail carrier in 1995 and worked his way up to safety specialist. Martinez said the worker is entitled to $229,228 in damages and said the Postal Service must promote him to the same pay rate he would have now, had he not been denied a promotion. The judge enjoined the Seattle- area Postal Service from discriminating...

  • Midday Glance: Airlines companies Thursday, 26 Feb 2015 | 1:19 PM ET

    Delta Air fell$. 94 or 2.0 percent, to $45.90. JetBlue Airways Corp. fell$. 16 or. 9 percent, to $17.37. Southwest Airlines Co. fell$. 18 or. 4 percent, to $43.94.

  • WASHINGTON, Feb 26- A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a U.S. Senate panel on Thursday. The vote by 13 Republican and Democratic members of the Senate Commerce, Science and Transportation Committee sends legislation to the floor of the Senate that would allow...

  • Brazil's government told truckers and transport companies late on Wednesday it would extend a year of free financing for vehicles from a state development bank and help truckers and transport companies work out a framework for setting freight rates. Although the flow of trucks was normal in Brazil's richest state of Sao Paulo, which guaranteed normal...

  • TRENTON, N.J.— New Jersey drivers bracing for an increase in the state's gas tax might have gotten a reprieve until 2016.. Chris Christie says the state's transportation trust fund has enough cash to run through June 2016, not June 2015 as many lawmakers and outside interest groups have been saying. State Treasurer Andrew Sidamon-Eristoff explained the date...

  • BOSTON— The head of the French company that operates Massachusetts' commuter rail system apologized for the breakdowns and delays that have plagued the system after a series of storms dumped more than 7 feet of snow on the region and vowed that full service would be restored— but not until the end of next month. Keolis International CEO Bernard Tabary said a plan...

  • Flights again affected as Mexican volcano spews ash Thursday, 26 Feb 2015 | 11:30 AM ET

    MEXICO CITY— The Popocatepetl volcano east of Mexico City has been spewing ash into the sky, forcing cancellation of flights at the nearby Puebla International Airport for a second consecutive day. The government's airport oversight agency says through its Twitter account Thursday that flights to Monterrey, Houston, Guadalajara, as well as inbound flights...

  • Early Glance: Airlines companies Thursday, 26 Feb 2015 | 10:35 AM ET

    Delta Air fell$. 08 or. 2 percent, to $46.77. JetBlue Airways Corp. rose$. 08 or. 5 percent, to $17.61. Southwest Airlines Co. rose$. 28 or. 6 percent, to $44.40.

  • *Greece still faces risk of exit from euro zone. LONDON, Feb 26- The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner clients, particularly the smaller companies. Greece has secured an extension to its bailout from its European partners, but the danger of it...

  • PHILADELPHIA— About 500 passengers are stranded without power or heat after overhead electrical wires fell on their suburban Philadelphia commuter train. A SEPTA spokeswoman says the Warminster Line train became disabled around 8:12 a.m. Thursday just south of the Roslyn station, about 12 miles north of Philadelphia. Redfern says the agency is...

  • GM cuts capacity, jobs in Indonesia Thursday, 26 Feb 2015 | 9:06 AM ET

    General Motors is to stop making cars in Indonesia, leading to a closure of an assembly plant and axing some 500 jobs.

  • Musk's Hyperloop moves closer to reality Thursday, 26 Feb 2015 | 9:01 AM ET
    A rendering of a Hyperloop by Hyperloop Transportation Technologies.

    Elon Musk's Hyperloop is now one step closer to becoming a reality, and here is why.

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