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  • Jackpot: Detroit's 'walking man' to get $350K Monday, 9 Feb 2015 | 10:26 AM ET
    Detroit resident James Robertson reacts next to the 2015 red Ford Taurus sedan he was surprised with as a free gift at the Suburban Ford dealership in Sterling Heights, Mich., February 6, 2015.

    The good news keep coming for James Robertson, better known as Detroit's "Walking Man," according to the Detroit Free Press.

  • BENGHAZI/ TRIPOLI, Libya, Feb 9- Libya was trying to end a strike at the port of Hariga so that it can reopen the country's last working onshore export terminal there and prevent the closure of its largest still functioning oilfield, officials said on Monday. On Saturday, Libya shut most operations at the eastern port, located near the border with Egypt, after...

  • Feb 9- American Airlines Group Inc on Monday lowered its forecast for first-quarter profit margins due to the recent rise in oil prices, and its shares fell 3 percent. Global oil prices have risen by more than 21 percent in the past two weeks, pushing estimated fuel costs for the quarter to between $1.81 and $1.86 per gallon, up from American Airlines' prior forecast...

  • DUBLIN, Feb 8- The owner of British Airways is running out of time to secure Ireland's Aer Lingus as questions over its commitment to keep jobs and key Heathrow routes stoke opposition from politicians facing a tough election next year. Aer Lingus' board recommended the 1.36 billion euro offer from International Consolidated Airlines Group last month, subject...

  • Feb 6- The number of U.S. drivers under the influence of alcohol is steadily dropping, but the use of illegal drugs by drivers is on the rise, new data from a U.S. Transportation Department survey showed on Friday. While about eight percent of drivers during weekend nighttime hours had alcohol in their system, only one percent were found with breath alcohol content...

  • LOS ANGELES, Feb 6- Cargo freighter loading and unloading operations will be suspended at U.S. However, the Pacific Maritime Association said terminal yard, rail and gate operations at the ports, which handle nearly half of U.S. maritime trade and more than 70 percent of imports from Asia, would go on at the discretion of terminal operators through the weekend, the...

  • SHIPPERS SUSPEND WEEKEND CARGO VESSEL LOADING AND UNLOADING OPERATIONS AT U.S.

  • WASHINGTON, Feb 6- The United States Postal Service ended its first quarter with a net loss of $754 million but increased its operating revenue as holiday shoppers boosted its package delivery business and as political mail from the midterm elections increased, the agency announced on Friday. The agency posted a net loss of $354 million in the same period last...

  • Low oil a boom for private jet business? Friday, 6 Feb 2015 | 8:47 AM ET
    Gulfstream G650

    The broadly lower cost per barrel could present a new business opportunity for the world's largest private jet company.

  • Feb 5- Chief executives of the three largest U.S. airlines said they want the U.S. government to modify or terminate air treaties with two Persian Gulf nations, the Wall Street Journal reported. In a joint interview, the CEOs of American Airlines Group Inc, United Continental Holdings Inc and Delta Air Lines Inc said subsidies and government policies for three...

  • What transports are telling us about the economy Thursday, 5 Feb 2015 | 5:28 PM ET

    Transports were an early indicator of the recessions in 1992, 2001 and 2008. So what are they saying about the economy now?

  • Trucker YRC Worldwide posts operating profit Thursday, 5 Feb 2015 | 4:53 PM ET

    Feb 5- Trucking company YRC Worldwide Inc reported a quarterly operating profit, helped by a $5.8 million gain on asset disposals. YRC recorded an operating income of $31.2 million for the fourth quarter ended Dec. 31, compared with an operating loss of $1.6 million, a year earlier. Revenue rose marginally to $1.22 billion.

  • Feb 5- Airbus reported a roughly $11 billion preliminary order from Colombian airline group Avianca Holdings on Thursday, gaining a head start in its 2015 order race with U.S. rival Boeing subject to a final confirmation of the deal. The memorandum of understanding for 100 A320neo-family jets is worth $10.6 billion at list prices based on the main model of the...

  • When will airline ticket prices fall? Thursday, 5 Feb 2015 | 12:29 PM ET
    An American Airlines aircraft takes off form a runway at Dallas-Fort Worth International Airport, Jan. 15, 2015, in Grapevine, Texas.

    As the price of oil declines, consumer advocates urge major U.S. airlines to lower ticket prices, NBCNews reports.

  • Oil tankers run gauntlet in Nigeria's "pirate alley" Thursday, 5 Feb 2015 | 11:35 AM ET

    LONDON, Feb 5- A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as "pirate alley". Security experts say the waters off Nigeria are now the deadliest on earth, surpassing Somalia on...

  • TRIPOLI, Feb 5- Libya's only commercial flight link to mainland Europe was severed on Thursday when the state carrier said its foreign partner had pulled out of the country after a deadly attack last week on a Tripoli hotel. The Georgia- based company that provided the planes and crews had decided to quit Libya for security reasons, Afriqiyah said in a statement.

  • Feb 5- Even after two deadly crashes in seven months, TransAsia Airways Corp will likely rebound quickly as insurance covers any financial losses and its coveted routes through Taipei's downtown airport keep it popular with business travelers. "Songshan is in downtown Taipei... so their flights are valuable, especially for the corporate guys," said Marc Wang,...

  • LOS ANGELES, Feb 4- The chief labor negotiator for shippers and terminal operators at 29 U.S. West Coast ports raised the ante in contract talks with the dockworkers' union on Wednesday, warning that ports plagued by chronic cargo slowdowns were days away from complete gridlock. The companies have repeatedly accused the International Longshore and Warehouse...

  • West Coast ports on the verge of a complete gridlock Wednesday, 4 Feb 2015 | 7:39 PM ET
    The Port of Los Angeles

    Shipping officials have threatened to stop paying dockworkers if a contract deal is not reached soon.

  • SANTIAGO, Feb 4- A consortium led by France's Aeroports de Paris is the top bidder for a concession to run Santiago's international airport for the next 20 years and build a new terminal, as the Chilean capital seeks to become a hub for pan-Pacific traffic. The consortium consists of Aeroports de Paris, which runs Paris' Charles de Gaulle, France's Vinci Airports,...

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