GO
Loading...

Transportation: Leisure

More

  • Taxi prices plunge: Is Uber to blame?  Tuesday, 3 Mar 2015 | 10:02 AM ET

    According to figures compiled from New York Taxi and Limousine Commission data, the average price of a medallion has plummeted by nearly a quarter of its value since its all-time high in April of 2013. Is Uber crushing yellow cabs, with Meera Joshi, NYC TLC CEO and chair.

  • SCOTTSBLUFF, Neb.— The Scottsbluff airport has joined airports in Kearney and North Platte in recommending new, one-year agreements with Great Lakes Airlines for government-subsidized flights. All three airports had initially selected Beachwood, Ohio- based Aerodynamics Inc., but in January the Transportation Department said Aerodynamics did not...

  • Daylight saving time bill springs forward Tuesday, 3 Mar 2015 | 7:01 AM ET

    JUNEAU, Alaska— A Senate committee advanced legislation Tuesday that would eliminate daylight saving time in Alaska and allow for consideration of another time zone in the state. It would also direct the governor to ask the U.S. Department of Transportation to consider moving part or all of Alaska to Pacific time. Anna MacKinnon, R- Eagle River, originally...

  • RUTHERFORD, N.J.— If New Jersey continues its decades-old pattern of borrowing money to fund transportation infrastructure projects, it will jeopardize its ability to do the same in the future, a legislator told a group of business leaders Tuesday. Assembly Transportation Committee chairman John Wisniewski said the state must identify a dedicated source of...

  • COLUMBUS, Ohio— Prospective Ohio drivers would see added training requirements and the Bureau of Motor Vehicles would be allowed to accept credit and debit cards under a state transportation budget that easily cleared the Ohio House on Tuesday. The $7 billion, two-year spending blueprint lays out priorities for Ohio highway, road, bridge and public safety...

  • "These vulnerabilities have potential to compromise the safety and efficiency of the national airspace system, which the traveling public relies on each and every day," Senator Bill Nelson, a Florida Democrat, and Senator John Thune, a South Dakota Republican, wrote to Transportation Secretary Anthony Foxx. The FAA has weak controls "intended to prevent, limit,...

  • One area of weakness is the ability to prevent and detect unauthorized access to the vast network of computer and communications systems the FAA uses to process and track flights around the world, the report said. The FAA relies on more than 100 of these air traffic systems to direct planes. —Security weaknesses identified by the FAA weren't always addressed in a...

  • BOSTON— The company that operates the state's commuter rail system has been fined more than $434,000 after nearly two-thirds of the trains were late or canceled during the heavy snowfalls that pounded the region last month, transit officials said Monday. Keolis Commuter Services had an on-time performance rate of roughly 35 percent, the Massachusetts Bay...

  • HARTFORD, Conn.— Connecticut is the latest state to grapple with how to regulate Uber and other ride-hailing services being embraced by the public but angering the long-established taxi and livery industry. Drivers for Uber, however, urged the General Assembly's Transportation Committee on Monday to craft rules that allow them to continue operating in...

  • OMAHA, Neb.— The crowd at this year's Berkshire Hathaway annual meeting is likely to top 40,000 as the company marks 50 years of Warren Buffett's leadership. Berkshire investors routinely fill Omaha's downtown arena and overflow rooms at the conference center and a hotel across the street for the meeting. Not long before the arena doors open at 7 a.m. on May 2, a...

  • HIGHLIGHTS-Warren Buffett's letter to investors Saturday, 28 Feb 2015 | 12:27 PM ET

    NEW YORK, Feb 28- Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, written with his usual mix of business facts, common-sense advice and showmanship. On lodging for the May 2 annual meeting in Omaha:. Airbnb's services may be especially helpful to shareholders who expect to spend only a single night in Omaha and are aware...

  • ATLANTA— Georgia lawmakers may eliminate a tax break for airlines buying jet fuel at the world's busiest airport, setting up a face-off with one of the state's largest employers, Atlanta- based Delta Airlines. Earl Ehrhart would remove the break for all airlines, updating his original proposal to end only Delta's. Ehrhart still bristled this week at the...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, Brazil's second-largest soy export port, now...

  • PHI Inc. posts 4Q profit Friday, 27 Feb 2015 | 3:43 PM ET

    LAFAYETTE, La. _ PHI Inc. on Friday reported fourth-quarter net income of $7.4 million. PHI Inc. shares have dropped 4 percent since the beginning of the year. Keywords: PHI Inc., Earnings Report.

  • Chris Christie made headlines on the state's beleaguered Transportation Trust Fund this week by not mentioning it in his 25- minute budget address, drawing the ire of many interest groups pushing for a long-term fix to the fund. Tom Bracken, president of the New Jersey Chamber of Commerce and chairman of a group of business and labor leaders pushing for a kind of...

  • *Kenya to remain "active" in debt market after Eurobond. NAIROBI, March 2- Kenya's drive to improve rail, roads and power plants will help spur economic growth to 6.9 percent in 2015 and 7 percent in coming years, its finance minister said. As well as infrastructure development, Kenya's economy would benefit from the drop in global oil prices, which would spur the...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, the second-largest soy export port in Brazil,...

  • Seaboard posts 4Q profit Friday, 27 Feb 2015 | 5:13 AM ET

    SHAWNEE MISSION, Kan. _ Seaboard Corp. on Thursday reported fourth-quarter net income of $118.7 million. The Shawnee Mission, Kansas- based company said it had profit of $101.39 per share. For the year, the company reported profit of $365.3 million, or $309.96 per share.

  • On Feb. 5, the Transportation Department sent the White House draft rules that would require oil trains to use stronger tank cars and make other safety improvements. The most serious killed 47 people and destroyed the town center of Lac Megantic in Quebec, Canada, just across the border from Maine, in 2013.. But among them are a stronger tank car design that includes...

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...