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Transportation

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  • US TRANSPORTATION SECRETARY FINES AIR BAG MAKER TAKATA $14,000 PER DAY.

  • Some Uber, Lyft drivers now want labor protection Friday, 20 Feb 2015 | 8:00 AM ET
    Lyft and Uber ridesharing car apps

    Some freelance Uber and Lyft drivers want full employee status and benefits, which could have a big impact on the sharing economy.

  • Ships gather off the ports of Los Angeles and Long Beach, California.

    The nation's top labor official ratcheted up pressure on the two sides haggling over a new contract for dockworkers at West Coast seaports.

  • SAN FRANCISCO, Feb 19- Shipping executives and union leaders for dockworkers at 29 West Coast ports ended a third day of contract talks late on Thursday without reaching a settlement but planned to meet again on Friday, a source close to the situation told Reuters. Labor Secretary Tom Perez was presiding over the talks in San Francisco, having joined them on...

  • Cyclone slams into northeast Australia Thursday, 19 Feb 2015 | 10:31 PM ET
    Surfers head out Snapper Rocks as Cyclone Marcia approaches the coast of Queensland on February 19, 2015 in Gold Coast, Australia.

    A powerful cyclone hits northeast Australia, causing massive damage and causing flash flooding, while a second storm made landfall to the west.

  • LOS ANGELES, Feb 19- The U.S. labor secretary engaged in a third straight day of talks with shipping executives and union leaders for dockworkers on Thursday seeking to settle a contract dispute that has led to months of disruptions at the 29 ports along the West Coast. Labor Secretary Tom Perez joined the talks in San Francisco at the behest of President Barack...

  • WASHINGTON, Feb 19- Federal investigators will examine whether pressurized gas played a role in the massive blast that followed the derailment of a train carrying crude oil through West Virginia this week, the U.S. Transportation Department said on Thursday. Questioning the possible role of gas vapors in the West Virginia fire broadens the debate over how to...

  • Oakland port shuts down as union meets Thursday, 19 Feb 2015 | 4:13 PM ET
    Oakland port shuts down as union meets

    CNBC's Jane Well discusses the dilemma of the Oakland port shutting down due to a monthly union meeting.

  • ALL MARINE TERMINAL WORK SUSPENDED FOR DAY AT PORT OF OAKLAND, CALIFORNIA, AMID ONGOING WEST COAST WATERFRONT DISPUTE- PORT AND UNION OFFICIALS.

  • WASHINGTON, Feb 19- Federal investigators will examine whether pressurized gas played a role in the massive blast that followed the derailment of a train carrying crude oil through West Virginia this week, the U.S. Transportation Department said on Thursday. "We will measure vapor pressure in the tank cars that derailed in West Virginia," said department...

  • Your food is on its way, Barcelona Thursday, 19 Feb 2015 | 2:50 PM ET
    UberEATS app

    Uber launched a food-delivery service, UberEATS, in Barcelona on Wednesday.

  • What serious problem rhymes with orange? Thursday, 19 Feb 2015 | 1:27 PM ET
    Oranges hang from trees at an orange grove in Winter Garden, Florida.

    A cold snap in Florida may threaten next year's citrus crop, and California growers are fighting for their future.

  • DUBAI/ NEW YORK, Feb 19- An increasingly bitter trade row between U.S. and Gulf airlines deepened on Thursday when Dubai's Emirates rejected a Delta Air Lines apology for remarks perceived as linking Gulf carriers with the Sept. 11 attacks on the United States in 2001.. Asked about those counter-claims on CNN this week, Delta CEO Richard Anderson said: "It's a great...

  • Baltic index rebounds slightly from record low Thursday, 19 Feb 2015 | 10:20 AM ET

    Feb 19- The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged up slightly on Thursday on higher rates for panamaxes and smaller vessels. Average daily earnings for panamaxes were up $17 to $4,127. Average daily earnings for capesizes, which typically transport 150,000 tonne cargoes such as iron ore and...

  • Air France-KLM CFO on oil prices Thursday, 19 Feb 2015 | 4:55 AM ET
    Air France-KLM CFO on oil prices

    CNBC's Stephane Pedrazzi talks to Pierre-François Riolacci, CFO of Air France-KLM, about how the company cannot benefit fully from the low oil price.

  • Centrica, oil stocks lead European shares lower Thursday, 19 Feb 2015 | 4:37 AM ET

    *Centrica falls 7.9 pct as oil slump prompts writedowns. LONDON, Feb 19- European stocks edged off seven-year highs on Thursday after some disappointing updates from utility Centrica and airline Air France-KLM and as a slide in crude prices hit oil shares. Shares in Britain's other large power providers- EDF, SSE, Centrica, E.ON, RWE npower- also fell.

  • LONDON, Feb 19- European shares edged off 7- year highs on Thursday, hit by a slide in oil prices and a mixed batch of corporate results, with disappointing updates from companies including utility Centrica and airline Air France-KLM. Centrica's shares fell 7.7 percent, on track for its biggest one-day drop since 2008, after slashing its dividend and reporting a...

  • PARIS, Feb 19- Air France-KLM is accelerating cost cuts and deferring debt-reduction goals as pressure on revenue and a weak euro threaten to dampen the benefits of lower oil prices this year. Although lower oil prices have boosted airline balance sheets, Air France-KLM expressed concern about currency swings and overcapacity in some long-haul markets.

  • LOS ANGELES, Feb 18- Two U.S. Cabinet secretaries joined congressional leaders, three governors and a big-city mayor on Wednesday in pushing shipping lines and the dockworkers' union to settle a contract dispute that has led to months of turmoil and cargo backups at 29 West Coast ports. Labor Secretary Tom Perez and Commerce Secretary Penny Pritzker weighed in...

  • LOS ANGELES, Feb 18- The U.S. labor secretary joined congressional leaders and three governors on Wednesday in pressing shipping lines and the dockworkers' union to settle a contract dispute that has led to months of turmoil clogging cargo traffic at 29 West Coast ports. Tom Perez, the labor secretary, was sent to San Francisco as an emissary of President Barack...

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