GO
Loading...

Transportation

More

  • Southwest Airlines posts earnings beat Thursday, 23 Oct 2014 | 7:52 AM ET
    A Southwest Airlines airplane departs Ronald Reagan National Airport in Washington.

    The 27 percent rise in quarterly profits reflected an increase in passenger boardings and lower fuel costs.

  • Southwest Airlines profit jumps 27 pct Thursday, 23 Oct 2014 | 7:28 AM ET

    Oct 23- Southwest Airlines Co reported a 27 percent rise in quarterly profit as it boarded more passengers and benefitted from lower jet fuel costs. Net income rose to $329 million, or 48 cents per share, for the third quarter ended Sept. 30, from $259 million or, 37 cents per share, a year earlier. Excluding items, the U.S. carrier earned 55 cents per share, up from 34 cents...

  • Miami passenger charged with bomb hoax Thursday, 23 Oct 2014 | 7:11 AM ET

    MIAMI— Several flights were delayed at Miami International Airport after authorities say an international passenger joked about having a bomb. Airport officials said in a news release that 60- year-old Manuel Alberto Alvarado was checking in for his Avianca Airlines flight to Caracas, Venezuela, on Wednesday morning when he made a comment about having...

  • *Gulf airlines using Italy as base for expansion. Italy is Europe's fourth largest travel market, one of the world's top tourist destinations and its thriving fashion and leather industry underpin demand for business travel. That is taking passengers away from Germany's Lufthansa, British Airways and Air France-KLM in Europe, and Delta Air Lines and American...

  • SHANGHAI, Oct 23- China's CSR Corp Ltd is keen to supply high-speed trains to California, a company official said, in a move that will pit the trainmaker against domestic rival China CNR Corp Ltd. CNR and CSR are China's top locomotive makers, while China Railway Construction Corp Ltd and China Railway Group Ltd build track. Xu said CSR would be part of a group of...

  • Final Glance: Airlines companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Delta Air fell$. 18 or. 5 percent, to $37.30. JetBlue Airways Corp. fell$. 38 or 3.3 percent, to $11.18. Southwest Airlines Co. fell$. 39 or 1.1 percent, to $34.20.

  • NEW YORK, Oct 22- U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday. Word of the investigation follows a notice on Tuesday from the U.S....

  • FedEx, UPS make plans for a better holiday season Wednesday, 22 Oct 2014 | 5:14 PM ET

    DALLAS— Facing an even bigger mountain of packages this holiday season, FedEx and UPS are hiring more workers to avoid the delays that frustrated shoppers and gift-recipients a year ago. On Wednesday, FedEx Corp. said it expects deliveries between Thanksgiving and Christmas Eve to rise 8.8 percent over last year, to 290 million shipments.

  • Midday Glance: Airlines companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    Delta Air rose$. 20 or. 5 percent, to $37.68. Southwest Airlines Co. rose$. 06 or. 2 percent, to $34.65. United Continental Holdings Inc. rose$. 06 or. 1 percent, to $49.57.

  • Mazda roadster in Guinness World Records Wednesday, 22 Oct 2014 | 11:36 AM ET

    Driving the 2015 Mazda MX-5 Miata roadster is like letting loose of heavy burdens. The smartly styled, 13- foot-long two-seater is so efficient in design, there's not a lot of room to carry extra baggage. U.S. models come from Mazda's Hiroshima auto manufacturing complex.

  • *Russia languishes near bottom of air safety league. *Russia lacks systematic approach to safety- pilot. Numerous official investigations and a crackdown in recent years have done nothing to raise Russia from near the bottom of the global league, largely due to weak regulation and the effects of sky-high alcohol consumption.

  • Early Glance: Airlines companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    Delta Air rose$. 15 or. 4 percent, to $37.63. JetBlue Airways Corp. fell$. 01 or. 1 percent, to $11.55. Southwest Airlines Co. rose$. 29 or. 9 percent, to $34.88.

  • FedEx predicts increase in holiday deliveries Wednesday, 22 Oct 2014 | 9:26 AM ET

    MEMPHIS, Tenn.— FedEx expects another record for holiday-season deliveries. That's a more subdued forecast than a year ago, when FedEx predicted 13 percent growth for the season. FedEx and rival United Parcel Service Inc. struggled last year with severe winter weather in early December, a shorter holiday season, and a surge in late orders that was partly due to...

  • Knight Transportation tops Street 3Q forecasts Wednesday, 22 Oct 2014 | 9:03 AM ET

    PHOENIX _ Knight Transportation Inc. on Wednesday reported third-quarter profit of $25.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Analysts expected $264.8 million, according to Zacks.

  • CHICAGO, Oct 22- Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the...

  • Norfolk Southern railroad 3Q profit up 16 percent Wednesday, 22 Oct 2014 | 8:09 AM ET

    OMAHA, Neb.— Norfolk Southern Corp. delivered 16 percent higher third-quarter profit as it hauled more freight, but the railroad's results fell short of expectations because coal and pricing remained weak. Norfolk Southern said it is training hundreds more workers to help handle the increase in freight traffic, and it expects to receive nearly 100 more...

  • Asia needs policy coordination amid slower growth Wednesday, 22 Oct 2014 | 7:50 AM ET

    BEIJING— Asia-Pacific economies need to recalibrate financial policies in the face of slowing global growth, U.S. Countries in the region are looking to boost financing for the construction of roads, bridges and other necessary infrastructure and will submit proposals to do so to the summit, to be held in Beijing. Emphasizing the importance of infrastructure...

  • Final report: Driver distracted in Md. derailment Wednesday, 22 Oct 2014 | 7:00 AM ET

    ROSEDALE, Md.— A dump truck driver who caused a 15- car derailment and chemical explosion was on the phone and distracted when he failed to yield at a private railroad crossing, according to a final report issued by a federal investigative board Wednesday. The National Transportation Safety Board released the findings of its investigation into the May 28, 2013,...

  • Snowplow driver says he didn't see Total CEO's jet Wednesday, 22 Oct 2014 | 6:15 AM ET

    MOSCOW— The driver of the snowplow that apparently caused the plane carrying the Total CEO to crash at a Moscow airport says he neither saw nor heard the private jet as it sped toward him down the runway in the dark. The driver is the only person to have been detained in the deaths of Total SA Chief Executive Christophe de Margerie and three French crew members, who...

  • Final Glance: Airlines companies Tuesday, 21 Oct 2014 | 6:01 PM ET

    Delta Air rose $1.44 or 4.0 percent, to $37.48. JetBlue Airways Corp. rose$. 33 or 2.9 percent, to $11.56. Southwest Airlines Co. rose $1.75 or 5.3 percent, to $34.59.

Contact Transportation

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More