Warren Buffett's firm Berkshire Hathaway says it is acquiring logistics company Charter Brokerage from private equity firm Arsenal Capital Partners. Berkshire Hathaway Inc. owns companies in industries including utilities and energy, freight rail transportation and insurance. Class B shares of Omaha, Nebraska- based Berkshire fell 2.4 percent to close...» Read More
BEIJING/ SHANGHAI, Sept 25- China said it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars.
BEIJING, Sept 24- China said on Wednesday it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars.
*Rail workers to go on strike from 6 pm. FRANKFURT/ BERLIN, Sept 1- German rail workers' union GDL called a three-hour strike on Monday that will hit passenger and freight traffic across the country as it seeks to raise pressure on rail operator Deutsche Bahn in a pay dispute.
BERLIN, Aug 19- Deutsche Bahn is suing airlines in the United States for operating a price-fixing cartel affecting its freight business between 1999-2006, the German transport company told Reuters.
Australia awarded a contract to Dutch firm Fugro to search the sea floor where missing Malaysia Airlines Flight MH370 is believed to have crashed.
UPS slashed its earnings forecast for the year as it spends to boost capacity ahead of the holiday shopping season.
Not content with building the world's tallest building, the UAE is setting its sight on something out of this world: Mars.
Insurgents in the Middle East are becoming more sophisticated with the technology behind their weapons, defense experts told CNBC.
As the world's largest technology companies look at ways to use drones, small makers of unmanned aircraft are hoping to fly right behind them.
LATAM Airlines Group is set to make a loss during the World Cup period, the company’s chairman told CNBC.
The U.S. military granted Lockheed Martin's F-35 the right to fly on Tuesday, raising the odds that the fighter jet could still debut.
Planes could be hijacked by cyberattackers using complex hacking techniques, experts at Farnborough International Airshow warned.
Airbus could sell 100 or more of its newly launched A330neo planes at this week's Farnborough International Airshow, CEO Tom Enders said.
The days of long flight delays could be over, with the introduction of virtual reality-style headgear for airline pilots.
After missing flight MH370, the industry is looking at ways to prevent another incident - and big data could be the answer.
Despite an engine fire, Lockheed Martin remains hopeful that its troubled F-35 fighter will make its debut at the Farnborough International Airshow.
U.S. military drones will 'continue to play a role' in the Middle East, one of the Navy's top chiefs tells CNBC.
Boeing dismisses launch of rival Airbus's A330 neo and what the CEO of U.S. group describes as "older technology".
FARNBOROUGH, England, July 14- U.S. planemaker Boeing said it was comfortable with its range of aircraft when asked about the impact of European rival Airbus and its high-profile announcement that it would revamp its A330 jet. He also said Boeing expected demand for cargo aircraft to pick up as it gave an upbeat assessment of future demand for planes.
As the Farnborough International Airshow approaches we take a look at what to expect from the week-long exhibition.