GO
Loading...

Transportation

More

  • Amazon to open facilities in Illinois, hire 1,000 Tuesday, 28 Oct 2014 | 8:06 AM ET

    CHICAGO— Amazon Inc. has chosen Illinois for future facilities expected to create 1,000 jobs by 2017.. He says Illinois has the workforce and the deal has been in the works for some time. Dick Durbin announced the $75 million project Tuesday, saying Illinois has the transportation infrastructure.

  • BANGKOK, Oct 28- Loss-making Thai Airways International Pcl said on Tuesday it was confident it would post a net profit in the fourth quarter due to an increase in advance bookings and a pick up in the tourism industry. Thai Airways has yet to give any guidance about its third-quarter earnings. Thai Airways said it expects its cabin factor, or the number of seats...

  • After a series of perceived failures at the National Highway Transportation Safety Administration, David Friedman, who has served this year as acting head of the agency, is not expected to be tapped by the Obama administration for the job, the source said. The agency has been sharply criticized for responding slowly to repeated red flags of a deadly ignition...

  • Final Glance: Airlines companies Monday, 27 Oct 2014 | 6:06 PM ET

    Delta Air rose$. 31 or. 8 percent, to $39.75. JetBlue Airways Corp. rose$. 12 or 1.1 percent, to $11.08. Southwest Airlines Co. rose$. 18 or. 5 percent, to $34.05.

  • Wi-Fi hotspot named for terror group delays flight Monday, 27 Oct 2014 | 2:18 PM ET

    LOS ANGELES— A passenger aboard a plane at Los Angeles International Airport picked up a Wi-Fi hotspot named after a terrorist group, but authorities who held travelers for hours as they investigated say no crime was committed. The passenger on the American Airlines flight from Los Angeles to London alerted crew members about the network Sunday night, and the...

  • Midday Glance: Airlines companies Monday, 27 Oct 2014 | 1:17 PM ET

    Delta Air rose$. 44 or 1.1 percent, to $39.88. JetBlue Airways Corp. rose$. 19 or 1.7 percent, to $11.15. Southwest Airlines Co. rose$. 02 or. 1 percent, to $33.89.

  • Shares in TNT Express hit lows after Q3 loss Monday, 27 Oct 2014 | 10:44 AM ET
    A TNT delivery truck near Amsterdam, Netherlands

    Shares in TNT Express, one of Europe's largest package delivery companies, slumped to all-time lows after the company reported a 56 million euro loss.

  • Early Glance: Airlines companies Monday, 27 Oct 2014 | 10:40 AM ET

    Delta Air rose$. 14 or. 4 percent, to $39.59. JetBlue Airways Corp. rose$. 12 or 1.1 percent, to $11.08. United Continental Holdings Inc. rose$. 14 or. 3 percent, to $49.76.

  • Scorpio Tankers reports 3Q loss Monday, 27 Oct 2014 | 7:57 AM ET

    MONACO _ Scorpio Tankers Inc. on Monday reported a loss of $1.2 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. Analysts expected $85.5 million, according to Zacks.

  • Shares in TNT Express hit lows after Q3 loss Monday, 27 Oct 2014 | 6:45 AM ET

    AMSTERDAM— Shares in TNT Express NV, one of Europe's largest package delivery companies, have slumped to all-time lows after the company reported a 56 million euro loss for the third quarter. The loss, which compares with profit of 6 million euros in the same period a year earlier, includes a 50 million euro provision for likely fines from a price-fixing...

  • *Kuwait says moving ahead with privatisation programme. *Partial deregulation, financing schemes in Saudi, UAE. DUBAI, Oct 26- Kuwait's privately owned Jazeera Airways is preparing to bid for a big stake in state-run flag carrier Kuwait Airways, Jazeera's chairman told Reuters.

  • Ships idle off Los Angeles amid port problems Saturday, 25 Oct 2014 | 4:00 PM ET

    LOS ANGELES— The twin ports of Los Angeles and Long Beach are facing their biggest crisis in a decade as container ships idle offshore because cargo can't be moved off the docks fast enough. "This is really a perfect storm," Port of Los Angeles Executive Director Gene Seroka told the Los Angeles Times in a story Saturday. Retailers are rerouting goods to other ports,...

  • State Farm seeks to test drones in Illinois Saturday, 25 Oct 2014 | 1:00 PM ET

    BLOOMINGTON, Ill.— State Farm insurance company is seeking federal approval to test drones in evaluating property damage and responding to natural disasters. One would allow it to operate unmanned aircraft at a private State Farm test site in central Illinois. The testing, according to State Farm, "will help the company learn how to capture images and to...

  • U.S. car safety regulators face review over safety lapses Saturday, 25 Oct 2014 | 11:41 AM ET

    WASHINGTON, Oct 25- The Transportation Department will conduct an internal review of U.S. auto safety regulators in response to a series of safety lapses, including this week's reports of defective airbags, a senior administration official said on Saturday. The news of the review emerged days after Toyota Motor Corp recalled 247,000 vehicles in the United...

  • Final Glance: Airlines companies Friday, 24 Oct 2014 | 6:35 PM ET

    Delta Air rose $1.52 or 4.0 percent, to $39.44. JetBlue Airways Corp. rose$. 10 or. 9 percent, to $10.96. Southwest Airlines Co. rose$. 62 or 1.9 percent, to $33.87.

  • US official: Auto safety agency under review Friday, 24 Oct 2014 | 3:47 PM ET

    A special Transportation Department team is examining whether "we have the dial set correctly on risk management and our safety posture in general" throughout the department, especially at the safety administration, said the official, who asked that he not be named as a condition of briefing reporters. The safety agency is part of the Transportation...

  • Large SUVs register big gains as gas prices fall Friday, 24 Oct 2014 | 3:39 PM ET
    A worker cleans Ford SUV's at Star Ford dealership sign on January 29, 2013 in Glendale, California.

    Sales and profits from large SUVs are boosting companies such as General Motors and Ford.

  • UPS expects double-digit surge in Dec shipments Friday, 24 Oct 2014 | 3:13 PM ET

    That's good for United Parcel Service Inc. and FedEx Corp., and on Friday, UPS predicted that December shipments will rise 11 percent over the same month last year. Atlanta- based UPS offered the forecast while reporting that third-quarter net income rose 11 percent to $1.21 billion, or $1.32 per share, beating Wall Street expectations of $1.28 per share.

  • PennDOT picks partnership to replace 558 bridges Friday, 24 Oct 2014 | 2:24 PM ET

    HARRISBURG, Pa.— The Pennsylvania Department of Transportation on Friday announced it will privatize 558 bridges, selecting a partnership's $899 million proposal to replace and maintain the spans. The highway department announced its choice of Plenary Walsh Keystone Partners for the project, which calls for construction to be finished in three years,...

  • Midday Glance: Airlines companies Friday, 24 Oct 2014 | 1:17 PM ET

    Delta Air rose $1.12 or 3.0 percent, to $39.04. JetBlue Airways Corp. rose$. 05 or. 4 percent, to $10.91. Southwest Airlines Co. rose$. 43 or 1.3 percent, to $33.68.

Contact Transportation

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More