GO
Loading...

Enter multiple symbols separated by commas

Transportation

More

  • BOGOTA, June 2- Colombia's Constitutional Court has extended a restriction on the overnight use of the country's main coal railway, Fenoco, and has partially suspended construction work on an adjacent track for three months, media reported late on Monday. After imposing a ban in February on trains crossing the town of Bosconia in Cesar province for a six-hour...

  • KUALA LUMPUR, Malaysia— Two Malaysian boys whose father was a passenger on the jetliner that vanished in March last year secured an out-of-court settlement in the tragedy's first legal case against Malaysia Airlines and the government. Malaysia Airlines Flight 370 was en route from Kuala Lumpur to Beijing with 239 people on board when it disappeared March 8...

  • WASHINGTON— Homeland Security Secretary Jeh Johnson on Monday reassigned the leader of the Transportation Security Administration and directed the agency to revise airport security procedures, retrain officers and retest screening equipment in airports across the U.S.. The TSA's acting administrator, Melvin Carraway, is being reassigned to a different...

  • The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation agreements with the United Arab Emirates and Qatar. U.S. airlines say more than $40 billion in subsidies from the countries have allowed Etihad, Emirates airline and Qatar Airways to begin driving down prices and push competitors out of...

  • The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation agreements with the United Arab Emirates and Qatar. U.S. airlines say more than $40 billion in subsidies from the countries have allowed Etihad, Emirates airline and Qatar Airways to begin driving down prices and push competitors out of...

  • DALLAS— Airlines are trying to save time by speeding up a part of flying that creates delays even before the plane leaves the gate: the boarding process. Southwest wants to get families seated together more quickly. Airlines have tinkered with different boarding systems almost since the days of Orville and Wilbur Wright, who tossed a coin to decide who would fly...

  • June 1- Etihad Airways on Monday issued it strongest rebuttal yet of claims that it received market-distorting subsidies, saying it is required to repay loans and that its U.S. competitors have a "condescending" view of non-U.S. law. The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation...

  • FAIRFIELD, Conn.— In a public lobbying campaign with little precedent, leading businesses in Connecticut urged the legislature Monday to pull back from a proposed budget that boosts taxes for the second time in four years. General Electric Co., Aetna Inc. and the Travelers Companies Inc. criticized a budget deal hammered out over the weekend by Gov.

  • On Friday, a Korean man was confirmed as China's first case after traveling to the country via Hong Kong with Asiana Airlines Inc. None of 64 people quarantined after contact with the man tested positive, state media reported. In Hong Kong, 299 people died from SARS and tourism dropped almost 90 percent during the worst-hit months. Korean Air Lines Co Ltd closed...

  • The new CEO of Malaysia Airlines said the ailing carrier could break even by 2018 after cutting staff, selling surplus aircraft and refurbishing its international fleet. The remaining 14,000 employees have been offered jobs in a new company that is being set up to take over the legacy Malaysia Airlines business. The former chief executive of Ireland's Aer...

  • Malaysia Airlines 'technically bankrupt': CEO Monday, 1 Jun 2015 | 4:04 AM ET

    The newly appointed chief executive of loss-making Malaysia Airlines said on Monday that the carrier is "technically bankrupt."

  • EU's Juncker skeptical over planned German car toll Monday, 1 Jun 2015 | 2:44 AM ET

    BERLIN— The head of the European Union's executive Commission says it has "significant doubts" as to whether Germany's plan for a highway car toll to raise money from foreign drivers complies with EU law. Germany's parliament in May approved the toll plan, a much-criticized pet project of the smallest party in Chancellor Angela Merkel's governing coalition.

  • Homeless Atlantic oil cargoes deepen global glut Monday, 1 Jun 2015 | 1:00 AM ET

    *WAF, North Sea differentials hit multi-year lows. LONDON, June 1- A shadowy build up of oil has intensified in the Atlantic Basin with homeless cargoes of crude turning into unintentional floating storage- another sign the global surplus has some way to go before clearing. Off the coast of West Africa and in the waters of the North Sea, vessels holding millions of...

  • NEW DELHI, June 1- Prime Minister Narendra Modi's reformist, but hard-up government has begun a splurge on road and rail building that analysts say could remove doubts over whether economic growth in India really is overtaking China. Having roughly doubled spending allocations for roads and bridges in fiscal 2015/ 16, and raised the rail budget by a third, Modi...

  • *But brand and cost challenges facing Malaysia Airlines are huge. SINGAPORE/ KUALA LUMPUR, May 31- New CEO Christoph Mueller's plans for troubled Malaysia Airlines- including a new brand, a smaller fleet and one third less staff- are widely seen as a promising blueprint for a fresh start. He has also already impressed in his new job with his micromanaging ways,...

  • SAO PAULO, May 29- Panama's Copa Airlines plans to expand its route network out of Latin America despite the challenges it currently faces in Brazil, the region's biggest market, the company's chief executive officer said on Friday. The carrier, a subsidiary of Copa Holdings SA, sees further potential in a business model built on linking small and mid-sized Latin...

  • PARIS, May 29- Air France faces its second safety investigation in as many weeks after pilots were forced to recover in mid-takeoff after entering the wrong data into the computer of a cargo jet, airline and safety officials said. The mistake over the plane's weight was discovered when the Boeing 777 freighter accelerated too slowly while starting off down the...

  • The Federal Aviation Administration said four pilots reported a green laser illuminating their aircraft in flight at about 8,000 feet over Long Island between 9:30 p.m. and 10 p.m. Thursday. Another report involved a green laser beamed at a Sun Country Airlines plane at 11:30 p.m., about 14 miles southwest of John F. Kennedy International Airport, the FAA...

  • BILLINGS, Mont.— U.S. transportation officials are extending an order for railroads to notify states about shipments of hazardous crude oil shipments. Trains hauling crude from the Bakken region of North Dakota and Montana have been involved in multiple fiery derailments in recent years, including a 2013 derailment that killed 47 people in Lac-Megantic,...

  • OMAHA, Neb.— Union Pacific has furloughed about 900 railroad workers because shipping demand has been weaker than expected. Union Pacific Corp. spokesman Aaron Hunt said the recent furloughs were also part of the railroad's effort to align its workforce with the current market. The number of shipments Union Pacific has been delivering so far this year is down...

Contact Transportation

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.