Rideshare services like Uber and Lyft are butting heads with regulators over laws that they claim are outdated and hurt their companies.» Read More
WASHINGTON, Feb 26- President Barack Obama will announce in St. Paul, Minnesota, on Wednesday a four-year, $302 billion plan to create jobs by fixing the nation's crumbling roads, bridges, rail and transportation infrastructure.
Delta Air Lines said it would make a major change to its frequent flier program, based on how much customers spend rather than the distance traveled.
Feb 26- Logistics company UTi Worldwide Inc said it had breached some debt covenants and would report a loss for the fourth quarter due to lower demand for air freight and higher costs. UTi also said it would have to raise about $525 million in additional capital to pay off debt of at least $400 million that could come due in April.
WASHINGTON, Feb 26- U.S. lawmakers are expected to question regulators and rail industry officials on Wednesday about several recent fiery derailments, focusing on whether shipments from energy producing regions such as North Dakota's Bakken area are being handled safely.
WASHINGTON, Feb 25- The Obama administration will look for ways the federal government could spur investment to improve infrastructure for transporting oil and natural gas supplies around the country, U.S.
"Asiana's response to the crash of flight 214 indicates that the carrier failed to commit sufficient resources to carry out its family assistance plan," the U.S. Department of Transportation said in a statement. An Asiana spokesman in Los Angeles declined to comment.
Companies moving crude oil by rail must test the volatility of fuel out of North Dakota's Bakken oilfields before it is moved onto the tracks.
US DEPARTMENT OF TRANSPORTATION SAYS OIL-BY-RAIL SHIPMENTS MUST MOVE UNDER STRICTER HAZMAT CLASSIFICATION.
Feb 25- Rapid growth in moving oil by train in the United States, coupled with a spate of fiery crashes and derailments, has prompted U.S. regulators and railroads to consider new safety measures this year.
Feb 25- The U.S. Department of Transportation announced on Tuesday it had fined Asian Airlines $500,000 for violating federal law by failing to assist family members of passengers on a flight that crashed at a San Francisco airport in July. Transportation Secretary Anthony Foxx said in a statement.
DEPARTMENT OF TRANSPORTATION SAYS ASIANA VIOLATED FEDERAL LAW BY FAILING TO ASSIST FAMILY MEMBERS OF PASSENGERS ON FLIGHT 214.
FINES ASIANA AIRLINES $500,000 FOR ACTIONS FOLLOWING SAN FRANCISCO PLANE CRASH IN JULY 2013.
LONDON, Feb 25- U.S. railroad operators have agreed new safety procedures to reduce the number of fiery derailments involving crude-carrying trains and cut the risk of a catastrophic explosion in a densely populated urban centre.
Australia's government is expected to come to the aid of struggling flag carrier Qantas, but what form that assistance takes remains unclear.
SYDNEY, Feb 25- The Australian government said on Tuesday it is looking at ways to assist Qantas Airways Ltd after the carrier declined to comment on reports it is preparing to axe up to 5,000 jobs and sell some assets.
*Cosan's Rumo would name most of the board, have control. The planned takeover, which Cosan officials expect ALL's board and shareholders to approve, would create a new logistical giant in a country where access to cheap transportation infrastructure comes at a premium.
Feb 24- XPO Logistics Inc's quarterly revenue more than doubled as it placed more freight with other carriers and shipped a higher number of quick delivery packages. Revenue from XPO's expedited transportation, or quick delivery, division rose 19.4 percent to $26.4 million in the quarter ended Dec. 31.
Railroads that haul crude shipments have reached an agreement with US transportation officials to adopt wide-ranging, voluntary safety measures.
WASHINGTON, Feb 21- Many oil-by-rail shipments will slow down through urban areas and track inspections will increase on high-traffic areas in response to a string of fiery derailments in the last several months, the American Association of Railroads said on Friday.
By July 1, many large train shipments of oil will abide by a 40 mph speed limit in urban areas, the American Association of Railroads said.
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