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Transportation

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  • How Bambi is costing drivers $8 billion per year Sunday, 25 Jan 2015 | 2:00 PM ET
    A deer crossing a highway in Washington state.

    While hitting an animal with your car may be tragic, statistics say it is usually safer than swerving. It is, but there are still risks and costs.

  • BERLIN, Jan 25- European Transport Commissioner Violeta Bulc called for the introduction of a standardized European-wide road pricing system in comments she made to a German Sunday newspaper. She said there were many different systems in Europe at the moment and this was a burden on car drivers and an obstacle to their mobility. Germany plans to introduce a...

  • The threats against Delta Air Lines flight 1156, coming from Portland, Oregon, and Southwest Airlines flight 2492, from Milwaukee, were deemed credible, said airport spokesman Reese McCranie. No bomb was found aboard the Delta flight while the Southwest flight was still being searched by explosives units, Federal Bureau of Investigation spokesman Special...

  • American Airlines sued by mechanics union organizers Friday, 23 Jan 2015 | 7:53 PM ET

    Jan 23- Union organizers sued American Airlines on Thursday, alleging that maintenance directors pressured workers to skimp on federal safety procedures and threatened discipline if they reported too many maintenance flaws. They demanded punitive damages, an injunction to restrain airline managers from making further threats, as well as a trial by jury,...

  • Mechanics union sues American Airlines Friday, 23 Jan 2015 | 5:27 PM ET
    File photo of American Airlines planes

    A mechanics union has filed a lawsuit against American Airlines alleging that the company's managers pressured mechanics to breach FAA regulations.

  • UPS holiday hangover Friday, 23 Jan 2015 | 1:43 PM ET
    UPS holiday hangover

    UPS is lower after slashing its Q4 earnings forecast. Details on the transport laggard, with CNBC's Morgan Brennan.

  • CHICAGO, Jan 23- United Parcel Service Inc on Friday said its fourth-quarter performance was hurt as lackluster holiday demand pushed up costs, and that it will likely raise prices for this year's peak season. In a separate announcement, main rival FedEx reaffirmed its earnings outlook for its fiscal 2015 year ending May 31. During the 2013 peak season UPS and...

  • Jan 23- SkyMall, whose in-flight shopping catalogs have long been a staple of airline travel, has filed for bankruptcy protection, blaming changing consumer habits and the loss of contracts from two major carriers, Delta and Southwest. Xhibit and SkyMall filed for Chapter 11 protection from creditors on Thursday night in the U.S. bankruptcy court in Phoenix,...

  • Someone's lying about the California port slowdown Friday, 23 Jan 2015 | 11:47 AM ET
    A Crowley Maritime tugboat prepares to guide the MOL Endurance Container ship out of its berth at the Port of Los Angeles in San Pedro, California.

    Management and labor at the ports are blaming each other for epic congestion. And it appears impossible for both sides' stories to be true.

  • CHICAGO, Jan 23- Package delivery company United Parcel Service Inc on Friday said its fourth-quarter performance was hurt by higher-than-expected costs from the U.S. holiday season and that it will implement new pricing strategies during the next peak season. During the 2013 peak season both UPS and main rival FedEx Corp were hit by a late surge in online...

  • CHICAGO, Jan 23- Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S. economy in 2015.. The company said "while there is significant volatility in the energy markets" it expects to see volume growth...

  • CHICAGO, Jan 23- Package delivery company United Parcel Service Inc on Friday forecast fourth-quarter earnings per share below market expectations, citing a disappointing performance in U.S. domestic ground shipments.

  • UPS sinks on weak forecast, FedEx stands by outlook Friday, 23 Jan 2015 | 8:43 AM ET
    A UPS worker delivers packages in Chicago, Dec. 26, 2013.

    UPS shares plunged in premarket trading after the company warned profits for the fourth quarter would come in well less than Wall Street expected.

  • SAN CRISTOBAL/ CARACAS, Jan 23- Robbers and looters are targeting trucks carrying food across Venezuela in another sign of worsening shortages that have turned basics like flour and chicken into coveted booty. Crime has long plagued shops and roads in Venezuela, which has one of the world's highest murder rates. Armed National Guard troops have been deployed to...

  • GM's Barra: No long term impact of low gas prices Friday, 23 Jan 2015 | 6:55 AM ET
    General Motors Chief Executive Officer Mary Barra

    General Motors isn't changing anything in the long term because of lower gas prices, CEO Mary Barra tells CNBC in Davos.

  • GM CEO: Expect exciting new products Friday, 23 Jan 2015 | 5:10 AM ET
    GM CEO: Expect exciting new products

    At Davos, Mary Barra, CEO of General Motors talks about "exciting new products" in the European markets and the future of self-drive cars.

  • GM's Barra: We're seizing opportunities Friday, 23 Jan 2015 | 5:00 AM ET
    GM's Barra: We're seizing opportunities

    Mary Barra, CEO of General Motors, says the oil price drop doesn't affect the company in the long-term, and that it's going to "respond to what the consumers want".

  • GM's Barra: The recall crisis was tough Friday, 23 Jan 2015 | 5:00 AM ET
    GM's Barra: The recall crisis was tough

    Mary Barra, CEO of General Motors, talks about the company's global recalls and discusses how it had a personal impact on her last year.

  • On Thursday, Southwest Airlines estimated it would save $1.7 billion on fuel in 2015. Delta Air Lines tallied its 2015 savings at more than $2 billion, while fuel price forecasts from United Airlines and Alaska Airlines promised similar cost reductions. Southwest's stock surged more than 8 percent. The carriers said they had already dipped into savings to...

  • TORONTO/ MONTREAL, Jan 22- The United States will throw its support behind a proposal by the U.N.' s aviation agency to share information about risks to commercial aircraft over conflict zones after the downing of a Malaysian jet in Ukraine last year, according to a senior U.S. official. The Malaysian passenger plane, flying from Amsterdam to Kuala Lumpur, was shot...

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