• Marten Transport beats 4Q profit forecasts Tuesday, 27 Jan 2015 | 5:21 PM ET

    MONDOVI, Wis. _ Marten Transport Ltd. on Tuesday reported fourth-quarter profit of $9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Marten Transport shares have declined 2.5 percent since the beginning of the year.

  • LOS ANGELES, Jan 27- Negotiators for major shipping lines and the union representing 20,000 dockworkers have reached a tentative agreement on the maintenance of cargo chassis, overcoming a key hurdle in protracted contract talks for 29 U.S. West Coast ports. Settlement of the chassis issue, and the labor talks in general, has been seen as crucial to resolving...

  • New York was spared the worst of the blizzard, but Boston was hit with more than two feet of snow. United Airlines canceled all flights through Wednesday in Boston and other New England airports, said spokeswoman Mary Ryan. JetBlue Airways had already canceled 190 flights for Wednesday, mostly in Boston and elsewhere in New England.

  • The FAA said that United twice improperly accepted hazardous material for air shipments. The FAA said the violations were found during 2013 inspections in Boston, San Francisco, Denver and Chicago. He said United was reviewing a letter from the FAA and would cooperate with the agency.

  • Jan 27- American Airlines Group Inc on Tuesday forecast billions of dollars in savings this year from tumbling fuel costs, but said a key measure of revenue will likely decline this quarter, in part from currency headwinds that are pinching foreign travelers' pockets. While closing costly fuel hedges has prevented its peers from benefiting from the full price...

  • Midday Glance: Airlines companies Tuesday, 27 Jan 2015 | 1:36 PM ET

    Delta Air fell$. 62 or 1.2 percent, to $49.53. JetBlue Airways Corp. fell$. 08 or. 5 percent, to $16.32. Southwest Airlines Co. fell$. 16 or. 3 percent, to $46.24.

  • Senate bill calls for end to Seattle tunnel project Tuesday, 27 Jan 2015 | 1:17 PM ET

    SEATTLE— Two state senators say it's time to scrap the stalled Seattle tunnel project and bury Bertha, the broken-down $80 million state-of-the-art drilling machine, so the transportation department can find alternatives to fix or replace the viaduct that carries traffic along the city's waterfront. Curtis King, chairman of the Senate Transportation...

  • Add American Airlines to the list of carriers that want to take you to Cuba. Delta Air Lines, United Airlines and JetBlue Airways have expressed interest since President Barack Obama announced last month that the U.S. would establish diplomatic relations and expand trade and tourism with Cuba. Southwest Airlines CEO Gary Kelly said last week that his airline...

  • Berkshire's NetJets avoids $500M IRS tax claim Tuesday, 27 Jan 2015 | 12:06 PM ET
    A Netjets Inc. sign stands hear a new Embraer Phenom 300 jet at Eppley Airfield in Omaha, Nebraska.

    The private jet-sharing company has defeated an IRS lawsuit attempting to recoup more than $500 million of unpaid taxes and penalties.

  • Dubai Airport takes crown from Heathrow: CEO  Tuesday, 27 Jan 2015 | 11:40 AM ET

    Heathrow has been dethroned by Dubai International as the busiest international air hub. Paul Griffiths, CEO of Dubai Airports, says that "long term vision" is the key to Dubai's city growth and therefore its air traffic.

  • Jan 27- After a blizzard that blanketed the northeastern United States but proved less powerful in New York City than predicted, airlines, commuter rail, bus lines and subways resumed limited operations on Tuesday. LIRR service remains suspended on the Montauk Branch east of Babylon, Greenport to Ronkonkoma, Port Jefferson Branch east of Huntington and the...

  • Berkshire's NetJets defeats $500 million IRS tax claim Tuesday, 27 Jan 2015 | 11:08 AM ET

    NEW YORK, Jan 27- NetJets Inc, the private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc, has defeated a U.S. Internal Revenue Service lawsuit attempting to recoup more than $500 million of unpaid taxes, penalties and interest. District Judge Edmund Sargus in Columbus, Ohio, said on Monday that the IRS was bound by guidance it gave a NetJets...

  • Self-driving cars set to cruise Germany's autobahn Tuesday, 27 Jan 2015 | 11:02 AM ET
    Germany to allow driverless cars on the autobahn.

    Prototypes of driverless cars are set to get the go-ahead on a stretch of Germany's busy A9 autobahn, NBC News reports.

  • Early Glance: Airlines companies Tuesday, 27 Jan 2015 | 10:25 AM ET

    Delta Air fell$. 84 or 1.7 percent, to $49.31. JetBlue Airways Corp. fell$. 11 or. 7 percent, to $16.29. Southwest Airlines Co. fell$. 79 or 1.7 percent, to $45.61.

  • DUBLIN, Jan 27- Irish Transport Minister Paschal Donohoe said on Tuesday the government would engage with British Airways owner IAG in the coming days on the terms of its proposed new offer for Aer Lingus. Aer Lingus's AERL.I board has recommended an improved 1.36 billion-euro takeover offer from International Consolidated Airlines Group ICAG.L, the Irish...

  • Jan 27- American Airlines Group Inc on Tuesday reported a fourth-quarter profit that topped estimates and announced a new share buyback program and quarterly dividend, as the carrier saved hundreds of millions of dollars from tumbling oil prices. American, the world's largest airline by passenger traffic since its 2013 merger with US Airways, said it earned...

  • Jan 27- American Airlines Group Inc said on Tuesday that its profit was $597 million last quarter, topping analysts' estimates, and announced a new share buyback program and dividend. The Fort Worth- based carrier earned $1.1 billion, or $1.52 per diluted share, excluding $507 million in special costs largely from merger and bankruptcy-related expenses.

  • FORT WORTH, Texas— American Airlines is logging record profits and rewarding shareholders just one year removed from bankruptcy court and a big merger. Much of the new competition is coming from low-cost carriers who are adding flights from cities including Philadelphia, Chicago, Washington and Dallas, American executives said. American Airlines Group Inc....

  • SYDNEY/ SINGAPORE, Jan 27- Asian airlines are slashing fuel surcharges as oil prices hover at six-year lows, but passengers hoping for cheaper tickets will be disappointed as carriers are likely to bump up fares to maintain margins. Australia's Qantas Airways Ltd became the latest airline to eliminate the surcharge on Tuesday, but at the same time said it was...

  • LONDON, Jan 27- Oil shippers face higher costs and the possible loss of insurance cover on Libyan voyages, caught in a struggle between the rival governments there and threatened by air attacks. John Dalby of maritime security firm MRM, said he had prepared evacuation plans for an unnamed oil company if the situation deteriorated further, adding that attacks on...

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