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Transportation: Leisure

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  • LAS VEGAS, May 6- Daimler has been granted a licence by the U.S. state of Nevada to test self-driving trucks on public roads, as the United States and Europe race to establish a regulatory framework for autonomous vehicles. While companies such as Google have dominated the headlines with advances in driverless cars, Daimler board member Wolfgang Bernhard told...

  • Spain to invest $1.5 billion in commuter train service Wednesday, 6 May 2015 | 5:53 AM ET

    MADRID— Spain says it will invest 1.3 billion euros in improving its commuter train system, the biggest such investment since the service began two decades ago. Spain made cutbacks in public services in recent years because of the economic crisis. The plan was announced as the ruling conservative Popular Party prepares for municipal and regional elections...

  • 2nd Uber office in China under investigation Wednesday, 6 May 2015 | 5:13 AM ET

    BEIJING— Chinese police have visited Uber offices in a second city in a widening investigation into the company's operations in China. In India, it has been banned in New Delhi, the southern technology hub of Hyderabad and the entire southern state of Karnataka. The Chengdu official, who like many Chinese bureaucrats identified herself only by her surname, Ren,...

  • TEHRAN, Iran— A Marshal Islands-flagged cargo vessel seized by Iranian forces as it was traversing the Strait of Hormuz last month will likely be released in two days, after it pays a fine, Iran's Foreign Ministry spokeswoman said Wednesday. Iranian forces boarded the ship after firing warning shots across the bridge and later took it to Bandar Abbas, the main...

  • Self-driving semi-truck makes debut on Hoover Dam Wednesday, 6 May 2015 | 2:53 AM ET

    HOOVER DAM, Nevada- Ariizona Border— Daimler officials rolled out their truck of the future Tuesday night, a driverless big rig that negotiated some very tight turns— but with a driver. As the Freightliner navigated switchbacks traveling to the top of the Hoover Dam on the Nevada- Arizona border, Daimler Trucks officials compared their self-driving semi to man's...

  • The Miami- based company said that the new Princess Cruises ship will be the first under the Princess brand to be based in China year round. Princess based its first ship in China last year when it deployed its Sapphire Princess to Shanghai from June to October. Carnival also has three Costa-brand ships stationed in China, including the Costa Serena, which made its...

  • LAS VEGAS, May 5- Nevada has given Daimler AG, the world's biggest truck maker, the go-ahead to test its self-driving heavy freight truck for the first time on the open road in ordinary traffic, the two sides announced on Tuesday. "Today is history," Nevada Governor Brian Sandoval, a Republican, said before posing with Daimler board member Wolfgang Bernhard with a red...

  • BERLIN, May 4- European aviation safety regulators introduced new training requirements on Monday to help prevent accidents by pilots losing control of planes in-flight, such as during a stall or in bad weather. In one such accident, an Air France jet flying between Rio de Janeiro and Paris plunged into the Atlantic Ocean during a storm in June, 2009, killing all...

  • NEW YORK— The city will announce this week it's bolstering its capital contribution to the Metropolitan Transportation Authority— but, mere days before that increase is unveiled, the MTA is asking for more. City officials told The Associated Press on Monday that Mayor Bill de Blasio's upcoming budget will include $125 million a year for the next five years for...

  • BOSTON— Logan International Airport officials have unveiled a plan to cut to carbon emissions, curb energy consumption, and spend millions of dollars to protect runways and terminals from rising seas as part of an effort to address climate change. The Boston Globe reports that the airport plans to cut its carbon emissions 40 percent and energy consumption by...

  • VANCOUVER, British Columbia— A U.S. passenger flight has made an emergency landing at Vancouver International Airport. Alaska Airlines Flight 76 was en route from Juneau, Alaska to Seattle, Washington, when problems arose with one of the plane's two electrical systems. The Boeing 737-400 touched down in Vancouver shortly before 5 p.m. local time on Sunday.

  • SPOKANE, Wash.— Federal investigators say a leaking oil train that hauled crude oil from North Dakota to Washington in January had tank cars with faulty valves, which also are installed on thousands of tank cars nationwide. The Federal Railroad Administration investigated the 100- car BNSF train because it had to have 14 cars with slow leaks removed after...

  • 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...

  • New rules for rails   Friday, 1 May 2015 | 1:25 PM ET
    New rules for rails

    The federal government made a tough ruling on rail cars hauling crude and other flammable substances, reports CNBC's Morgan Brennan.

  • 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.

  • 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.

  • 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.

  • Is the market leadership changing?   Thursday, 30 Apr 2015 | 5:00 PM ET
    Is the market leadership changing?

    Are transport stocks and biotechs giving up their market leadership? Andrew Burkly of Oppenheimer and Rich Ross of Evercore ISI discuss with Brian Sullivan.