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Transportation

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  • 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.

  • April 8- A Northern California cancer patient whose removal from an Alaska Airlines flight caused outrage online said on Wednesday that the carrier refunded her family's airfare, which will be donated to research. In a video posted on her Facebook page, Elizabeth Sedway said she was asked to leave the flight from Lihue Airport in Kauai, Hawaii, to San Jose on...

  • How buoyant is the superyacht market? Wednesday, 8 Apr 2015 | 11:50 AM ET
    How buoyant is the superyacht market?

    Xavier Calloc'h, director of Yacht Investor, talks about the rise in interest in superyachts - and who is buying.

  • April 8- American Airlines and US Airways were given a single operating certificate from U.S. regulators, marking a milestone in their integration since the carriers merged in December 2013, parent American Airlines Group Inc said. The U.S. Federal Aviation Administration now recognizes and interacts with the airlines as one, American Airlines said on...

  • April 8- Zep Inc, a maker of maintenance and cleaning chemicals, agreed to be taken private by New Mountain Capital for about $692 million, including net debt. The company's shares rose more than 18 percent to $20.23 in premarket trading on Wednesday, slightly above the offer price of $20.05 per share. Zep's shares, which have fallen nearly 6 percent in the past 12...

  • Scores of flights halted by French air control strike Wednesday, 8 Apr 2015 | 6:32 AM ET

    PARIS, April 8- Airlines canceled scores of flights in and out of France on Wednesday because of a two-day stoppage by air traffic controllers upset over work conditions and plans to raise their retirement age to 59 from 57.. Budget airline easyJet said it was canceling 118 flights to and from France on April 8 and apologized to passengers for a strike "outside of...

  • TOKYO, April 8- A Japan Airlines jetliner with 228 passengers was forced to turn around for an emergency landing in Tokyo on Wednesday after the aircraft's right engine shut down during a flight to the northern Hokkaido island, an airline spokesman said. The Boeing 777, powered by Pratt& Whitney engines, landed safely at Tokyo's Haneda airport, the spokesman said,...

  • *Regulator had downgraded India to category 2 in Jan 2014 Decision could be a boost for Air India, Jet Airways. NEW DELHI, April 8- The U. S Federal Aviation Administration has upgraded India's aviation safety rating, in a boost for Indian airlines which can now increase the number of flights they operate to the United States. Transportation Secretary Anthony Foxx...

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