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  • Here's what US port dispute could cost the economy Wednesday, 18 Feb 2015 | 9:32 AM ET
    A container ship is docked at the ports of Los Angeles and Long Beach, Calif., in this aerial photo taken Feb. 6, 2015.

    A total shutdown of West Coast ports could cost the U.S. economy about $2 billion a day, Jay Timmons tells CNBC.

  • Barclays' top auto stock picks   Wednesday, 18 Feb 2015 | 4:50 AM ET
    Barclays' top auto stock picks

    Kristina Church, analyst at Barclays, discusses current trades in the auto sector, looking particularly at Renault, Peugeot and Volkswagen.

  • Is Japan Post overpaying for Toll? Wednesday, 18 Feb 2015 | 12:02 AM ET
    Customer Katsumi Amano withdraws money from his bank account at a Japan Post Co. branch in Hachioji, Japan, on Tuesday, April 15, 2014.

    Japan Post is shelling out a nearly 50 percent premium to buy Australian freight player Toll, spurring concerns the Japanese behemoth may be overpaying.

  • Labor Secretary Tom Perez met contract negotiators for shipping companies and the dockworkers' union in San Francisco on Tuesday, urging them to settle a dispute that has led to months of clogged cargo traffic and other disruptions at West Coast ports. Perez was sent to California by President Barack Obama, who has come under mounting pressure to intervene in...

  • Toll shares surge nearly 50% on Japan Post takeover Tuesday, 17 Feb 2015 | 7:00 PM ET

    Australia's Toll Holdings said it accepted a $5.1 billion takeover offer from government-owned Japan Post Holdings.

  • CALGARY, Alberta, Feb 17- Canadian National Railway Co said on Tuesday it has nearly completed repairs on a stretch of its mainline track in northern Ontario after a crude train derailed on the weekend, spilling oil and causing several of the cars to burn. Late on Saturday night, 29 cars carrying Alberta oil sands crude to eastern Ontario derailed from the track and...

  • Dispute should be resolved soon: Port CEO Tuesday, 17 Feb 2015 | 4:49 PM ET
    Secretary of Labor Thomas Perez

    "We're so close I can't imagine they can't resolve this very, very soon," the CEO of the Port of Long Beach told CNBC on Tuesday.

  • Oil shipping: rail versus pipeline? Tuesday, 17 Feb 2015 | 4:24 PM ET
    Oil pipelines safer than trains?

    Monday's derailment of a CSX train has reignited the debate about the cheapest and safest way to move oil across the country.

  • Port fight costing us $400,000 a day: CEO Tuesday, 17 Feb 2015 | 2:57 PM ET
    A container is loaded onto a ship docked at the Port of Oakland on Feb. 11, 2015, in Oakland, Calif.

    One CEO says his company has 200 containers with millions of dollars in inventory stuck offshore.

  • LOS ANGELES, Feb 17- U.S. West Coast ports that were closed to incoming cargo vessels during the holiday weekend reopened in full on Tuesday as Labor Secretary Tom Perez arrived in San Francisco seeking to broker a settlement ending months of shipping disruptions. "Secretary Perez has meetings with both parties today in San Francisco," spokeswoman Xochitl...

  • Feb 17- A CSX Corp oil train that derailed and erupted in flames in West Virginia on Monday was hauling newer model tank cars, not the older versions widely criticized for being prone to puncture, the company said. The train, which was carrying North Dakota crude to an oil depot in Yorktown, Virginia, derailed in a small town 33 miles southeast of Charleston.

  • Unsafe at any speed? Oil by rail's huge risks Tuesday, 17 Feb 2015 | 1:25 PM ET
    A fire burns Monday, Feb. 16, 2015, after a train derailment near Charleston, W.Va. Nearby residents were told to evacuate as state emergency response and environmental officials headed to the scene.

    A CSX train carrying oil derailed and erupted into flames in West Virginia, adding to safety worries about transporting crude on railroads.

  • LOS ANGELES, Feb 17- U.S. West Coast ports that were closed to incoming cargo vessels during the holiday weekend reopened in full on Tuesday as Labor Secretary Tom Perez arrived in San Francisco seeking to broker a settlement ending months of shipping disruptions. But there was no immediate word on exactly when or under what conditions he would join in talks...

  • Why this CEO isn't sweating the port fight Tuesday, 17 Feb 2015 | 9:56 AM ET
    A container ship is docked at the ports of Los Angeles and Long Beach, Calif., in this aerial photo taken Feb. 6, 2015.

    West Coast port shutdowns have pinched automakers, but the dispute has only minimally impacted vehicle tool maker Snap-On, the CEO told CNBC.

  • US official overseeing West Coast port talks Tuesday, 17 Feb 2015 | 6:02 AM ET
    Ships gather off the ports of Los Angeles and Long Beach, California in this aerial photo taken February 6, 2015.

    West Coast seaports that were all but shut over the holiday weekend because of a contract dispute are reopening, the AP reports.

  • Russia halts exports from Novorossiisk due to storm Tuesday, 17 Feb 2015 | 5:52 AM ET

    MOSCOW, Feb 17- Russia has halted all exports from the Black Sea port of Novorossiisk due to stormy weather late on Monday, the Novorossiisk Commercial Sea Port Group said on Tuesday. Russia's state weather forecaster predicted winds near Novorossiisk on Feb. 17 at speeds of 29 metres per second and at 30 metres per second on Feb. 18-19. The port operator provides...

  • LOS ANGELES, Feb 16- A partial shutdown of 29 U.S. West Coast ports stretched into a third day on Monday ahead of the U.S. labor secretary's scheduled arrival in San Francisco to try to broker a settlement ending months of disruptions on the cargo-clogged docks. Neither the International Longshore and Warehouse Union nor the shipping companies' bargaining agent,...

  • BECKLEY, W.Va., Feb 16- A CSX Corp train hauling North Dakota crude derailed in West Virginia on Monday, setting a number of cars ablaze, destroying a house and forcing the evacuation of two towns in the second significant oil-train incident in three days. One or two of the cars plunged into the Kanawha River, and "a couple are burning," said Robert Jelacic, night shift...

  • Oil train derails in W. Va., sparks blast, fires Monday, 16 Feb 2015 | 4:22 PM ET

    A train carrying crude oil derailed in southern West Virginia on Monday sparking a house fire and threatening the water supply.

  • US labor secretary to meet over ports dispute Monday, 16 Feb 2015 | 4:12 PM ET
    Secretary of Labor Thomas Perez

    Labor Secretary Tom Perez will travel to San Francisco on Tuesday to meet with both sides in a dispute between shipping companies and dock workers.

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