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  • Working for Buffett is like 'marriage': BNSF chief Saturday, 2 May 2015 | 11:04 AM ET
    Matthew 'Matt' Rose, chairman and chief executive officer of Burlington Northern Santa Fe LLC (BNSF).

    BNSF is currently the largest entity in Berkshire Hathaway's portfolio. Is there a lot of pressure when you report to Warren Buffett?

  • California port truckers end strike after four days Friday, 1 May 2015 | 5:36 PM ET

    LOS ANGELES, May 1- Southern California port truckers seeking recognition as employees rather than contractors ended a strike of freight-hauling companies on Friday after four days of picketing that drew attention to their cause but did little to disrupt cargo shipments. Several hundred drivers, backed by the Teamsters union, struck four trucking firms...

  • MONTREAL, May 1- A United Nations civil aviation-led panel on Friday called for improved, fire-resistant packaging to ship lithium batteries, which pilots and plane makers say pose a fire risk. The International Civil Aviation Organization's dangerous goods panel agreed this week to set up a group of experts to develop safer packaging for the transport of...

  • WASHINGTON— International aviation officials are trying to quickly come up with safer packaging for cargo shipments of lithium-ion batteries on passenger planes after U.S. testing confirmed that aircraft fire suppression systems can't prevent overheated batteries from causing powerful explosions and fires. The hazardous cargo committee of the...

  • Latest 'fix' for California drought: Water by rail Friday, 1 May 2015 | 11:55 AM ET
    Railroad tanker cars

    Experts say the East Coast's plentiful water could cost cents per gallon to Californians and provide a stable, potable water supply.

  • US, Canada release tougher oil-train safety measures Friday, 1 May 2015 | 11:11 AM ET
    Employees fill a tank cars with oil at the Musket Windsor Crude Terminal in Windsor, Colorado, in April.

    The U.S. and Canada rolled out new oil railcar standards that introduce more stringent speed limits and enhanced braking for tank cars.

  • US, Canada unveil rules to boost oil train safety Friday, 1 May 2015 | 10:30 AM ET

    The regulations are a long-awaited response to a series of fiery train crashes in the U.S. and Canada, including four so far this year. The most serious accident occurred in July 2013, when a runaway oil train derailed in Lac-Megantic, Quebec, just across the border from Maine, killing 47 people and destroying most of the town's central business district.

  • BNSF poised to turn around 'crummy' year: Exec Friday, 1 May 2015 | 8:54 AM ET
    BNSF railway locomotive

    Railway BNSF has put the investment in place to make up for a rough service year, Executive Chairman Matthew Rose tells CNBC.

  • And the world's top frequent-flier awards go to... Friday, 1 May 2015 | 8:24 AM ET
    An American Airlines ticket counter in Miami.

    The loyalty programs for American Airlines and Marriott took home the coveted "Program of the Year/Americas" awards as the 2015 Freddie Awards.

  • Chris Christie

    A Chris Christie ally is expected to plead guilty to charges stemming from the G.W. lane closings scandal, the NYT reports.

  • Private jet business bumpy in China: NetJets CEO Friday, 1 May 2015 | 7:39 AM ET
    A Netjets Inc. sign stands hear a new Embraer Phenom 300 jet at Eppley Airfield in Omaha, Nebraska.

    NetJets is seeing strength in the U.S., and even in Europe, but an austerity campaign is creating challenges in China, Jordan Hansell tells CNBC.

  • LISBON, Portugal— Pilots at Portugal's state-owned national airline have begun a 10- day strike, forcing flight cancellations as they press their demand to be given up to a 20 percent stake in the company when it is privatized later this year. The Civil Aviation Pilots' Union, which represents a majority of the flag carrier's more than 900 pilots, is also demanding...

  • KUALA LUMPUR, May 1- Malaysia's national carrier Malaysia Airlines is planning to sell off some of its aircraft as part of its restructuring efforts, aviation news website Flightglobal reported. After two air disasters and years of losses, the national carrier was taken private last year by Malaysian sovereign wealth fund Khazanah Nasional Bhd under a...

  • April 30- More than 250 members of Congress have signed a letter urging the U.S. departments of state and transportation to seek consultations with Qatar and the United Arab Emirates over subsidies the states have allegedly given Gulf airlines. The letter, sent Thursday, adds to political pressure on the Obama administration since three U.S. airlines first...

  • NEW YORK, April 30- An oil train safety plan for the United States and Canada to be announced on Friday will include an unexpected mandate on the rail industry to adopt an advanced braking system, industry sources familiar with the rules said. However, the Transportation Department has concluded that ECP braking would deliver meaningful safety improvements.

  • FAA orders fix for power-loss issue in Boeing 787s Thursday, 30 Apr 2015 | 6:59 PM ET
    A Boeing ground test crew member examines a Boeing 787 Dreamliner.

    The move comes after Boeing discovered a software error that could result in a total loss of power. The NYT reports.

  • "The new LaGuardia should include a main entrance to the airport that serves as a great hall welcoming travelers to a great new experience at the airport," said Patrick Foye, executive director of the Port Authority of New York and New Jersey, which runs the region's airports. Foye discussed the panel's recommendations— sent in a letter to the Port Authority...

  • April 30- Budget airline Virgin America Inc is moving to finance five aircraft before interest rates rise, Chief Financial Officer Peter Hunt said in an interview Thursday. Virgin America recently announced it has financed about 80 percent of the purchase price of five other A320 aircraft scheduled for delivery this year. It had an initial public offering in...

  • Portland makes Uber, Lyft legal—for now Thursday, 30 Apr 2015 | 1:32 PM ET
    A Uber driver in New York

    Despite protests from taxi drivers, Portland is experimenting with letting Uber and Lyft operate in the city. Will other cities follow?

  • WASHINGTON, April 30- The leading voice for the refining sector on Thursday said it was not realistic for U.S. regulators to expect existing oil train tankers to be retired within five years, and sought a meeting with the National Transportation Safety Board. "The emphasis on tank car modifications through an overly aggressive and infeasible retrofit schedule...

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