Discussing the action in the transports, and the correlation to market action, with Andrew Burkly, Oppenheimer & Co., and Jim Iuorio, TJM Institutional Services.» Read More
Southwest CEO Gary Kelly talks about the Spirit Airlines strike.
A number of trucking companies have been outperforming the S&P, but since they’ve experienced a pullback in the last month, is this the right time for investors to be piling in? Jason Seidl, transportation analyst at Dahlman Rose discussed his views.
The Long Beach and Los Angeles ports released preliminary figures for May today.
General Motors said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid system that could cause a fire.
It's no secret that the major auto companies knocked it out of the park with their May sales. But dig a little deeper into the numbers, and you can find some even better signs of strength for certain areas of the economy.
President Obama’s push for higher fuel-efficiency standards for diesel-guzzling, long-haul trucks may be laudable but is probably unachievable by the target date without more development of key technologies,
This summer, air travelers will face a potential combination of crowded planes, high fares, labor disruptions, and the possibility of more canceled flights.
CNBC has learned Ford executives are working on a plan to phase out the Mercury brand. There is no time line for how quickly the brand will be eliminated, but the Ford Board of Directors could make a decision by July. A Ford spokesperson says Ford has made no plans to change the Mercury line but the company is always evaluating its brands.
Quick. What’s more fun to invest in than bullions of gold or a fistful of stocks? Classic cars, of course.
Are airliners so automated that pilots are becoming complacent? The New York Times reports.
Ford CEO Alan Mulally said Thursday that the automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the auto industry.
While Boeing and its competitor, Airbus, are locked in a dogfight over passenger-jet domination, a third competitor—China—will impact fortunes of both corporations, industry watchers say.
After years of planning, waiting, and yes, delaying some of the most important programs in its history, 2010 is the year when Boeing will see if it can finally deliver.
Fishermen along the Gulf Coast are unhappy about BP's plan to compensate them for lost wages.
Shipping in and around the Gulf of Mexico is business as usual, in spite of the oil spill, in this heavily trafficked area. But should the oil spill spread, higher shipping rates could result, an analyst told CNBC Monday.
The rental car industry is heating up, as Avis' chairman and CEO sends a letter to top executives at Dollar Thrifty.
The government on Monday confirmed what many travelers might have already suspected: U.S. airlines made a lot more money in fees last year.
GMAC Financial Services Monday posted its first quarterly profit in more than a year and announced plans to rename itself Ally Financial, as the consumer lender aims to put a failed foray into the mortgage business behind it.
A chemical compound that breaks down oil into droplets so that bacteria can eat it may be part of the solution to Gulf of Mexico oil spill.
With the $3B merger between United and Continental announced, one has to wonder what is in store for US Airways.