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Transportation: Leisure

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  • Record car dealership profits   Friday, 10 Apr 2015 | 10:28 AM ET
    Record car dealership profits

    Vehicle sales are surging and auto dealers are cashing in. CNBC's Phil LeBeau reports on recalls slowing as dealership profits rise.

  • U.S. agency weighs reopening Jeep fires probe Thursday, 9 Apr 2015 | 5:17 PM ET

    DETROIT, April 9- U.S. vehicle safety regulators said Thursday they could reopen an investigation into whether Fiat Chrysler Automobiles needs to take more action to reduce the risk of gas tank fires in older Jeep sport utilities. "All options are available to us to address" the issue of fires in Fiat Chrysler Automobiles' older Jeep SUVs, a National Highway...

  • Impact of FedEx-TNT deal on Asia   Wednesday, 8 Apr 2015 | 9:47 PM ET
    Impact of FedEx-TNT deal on Asia

    Michael Beer, Vice President, Asia Pacific Transportation/Infra/Logistics Research, Citi Research, describes how the acquisition of TNT Express impacts FedEx's Asia portfolio.

  • *China's car sales growth slowing. BEIJING, April 9- Edward Bao, a Chinese highway operations manager in the coastal city of Ningbo, is hunting for a bigger car for his young family and is considering trading up from a compact sedan to a sports utility vehicle. Bao is part of China's swelling ranks of middle-class consumers who are upgrading to SUVs and in the process...

  • April 8- Zep Inc, a maker of maintenance and cleaning chemicals, agreed to be taken private by New Mountain Capital for about $692 million, including net debt. The company's shares rose more than 18 percent to $20.23 in premarket trading on Wednesday, slightly above the offer price of $20.05 per share. Zep's shares, which have fallen nearly 6 percent in the past 12...

  • *Regulator had downgraded India to category 2 in Jan 2014 Decision could be a boost for Air India, Jet Airways. NEW DELHI, April 8- The U. S Federal Aviation Administration has upgraded India's aviation safety rating, in a boost for Indian airlines which can now increase the number of flights they operate to the United States. Transportation Secretary Anthony Foxx...

  • SEATTLE, April 7- A Native American community in Washington state filed a federal lawsuit on Tuesday against BNSF Railway to prevent trains carrying crude oil from using tracks on reservation land, saying the transport violates a long-standing agreement. The Swinomish Indian Tribal Community says BNSF has been using tracks that cross reservation land in...

  • Stock Brawl: FedEx vs. UPS   Tuesday, 7 Apr 2015 | 3:26 PM ET
    Stock Brawl: FedEx vs. UPS

    Art Hatfield, Raymond James, and James Ramelli, KeeneOnTheMarket.com, discuss which is the better bet: FedEx or UPS.

  • Forget the taxi: Business travelers Uber it   Tuesday, 7 Apr 2015 | 11:16 AM ET
    Forget the taxi: Business travelers Uber it

    According to a new report by Certify, 46 percent of business people used Uber, up 14 percent in January 2014. Detail's on the report, with CNBC's Josh Lipton.

  • Official airline of the PGA loses golfer's clubs Monday, 6 Apr 2015 | 4:35 PM ET
    Russell Henley chats with caddy Adam Hayes on the eighth hole during the first round of the Tour Championship in Atlanta, Sept. 11, 2014.

    United Airlines lost professional golfer Russell Henley's clubs while he was en route to The Masters tournament.

  • France halts search at Germanwings crash site Saturday, 4 Apr 2015 | 11:19 PM ET
    Rescue workers conduct search operation near the site of the Germanwings plane crash near the French Alps on March 26, 2015 in La Seyne les Alpes, France.

    French investigators have ended their search for bodies in the Alps where a Germanwings passenger jet crashed last month, killing all 150 people on board, a local official said on Saturday.

  • BRUSSELS, April 4- A European regulator found "issues" with Germany's aviation authority in a regular review of air safety enforcement, the European Commission said on Saturday. Its statement did not say when the review was carried out, but the Wall Street Journal said the Commission told Berlin in November "to remedy the long-standing problems"- months before...

  • EU found "issues" with German aviation regulator Saturday, 4 Apr 2015 | 2:57 PM ET

    BRUSSELS, April 4- A European regulator found "issues" with Germany's aviation authority in a regular review of air safety enforcement, the European Commission said on Saturday. Its statement did not say when the review was carried out, but the Wall Street Journal said the Commission told Berlin in November "to remedy the long-standing problems"- months before...

  • WASHINGTON, April 2- The U.S. Transportation Department is completing work on a package of measures to control oil train dangers before the Obama administration finalizes a national safety plan expected by May, an official with knowledge of the plans said on Thursday. "The Transportation Department will not wait to take action on measures that could improve...

  • Trading Nation: Transport stocks   Wednesday, 1 Apr 2015 | 2:37 PM ET
    Trading Nation: Transport stocks

    Jonathan Krinsky, MKM Partners, and David Seaburg, Cowen, discuss if there is opportunity in the underperforming Dow transports.

  • Unusual activity in CSX   Wednesday, 1 Apr 2015 | 12:24 PM ET
    Unusual activity in CSX

    The bulls are targeting CSX, with FMHR trader Pete Najarian.

  • BERLIN, April 1- Germany will wait for investigations into last week's airliner crash to be completed and could then decide to make changes to air safety rules, a spokeswoman for the transport ministry said on Wednesday. "We will wait for the findings resulting from this horrible accident and then decide whether changes are necessary. She was responding to a...

  • Look who supports Obama's open Cuba policy now... Wednesday, 1 Apr 2015 | 7:00 AM ET
    A tourist buggy is drawn by a horse in Havana, Cuba

    The number of Cuban-Americans who support the decision to normalize relations with Cuba now stands at 51 percent, up from 44 percent in December.

  • Rough seas ahead for container shipping industry Wednesday, 1 Apr 2015 | 4:47 AM ET
    A container ship at the Port of Los Angeles in San Pedro, Calif.

    The world’s shipping lines risk bankruptcy and will have to shed assets in order to stay afloat, an industry expert has warned CNBC.

  • SINGAPORE, April 1- A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad weather and possible oil quality issues, shipping industry sources said. The problems could delay or limit the number of oil export cargoes from Basra in April, potentially pushing down...