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Road and Rail

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  • MOMBASA, Kenya, Oct 3- Protesters in Kenya blocked truckers on the only highway from Mombasa port to the capital Nairobi on Friday, threatening to choke the main trade artery with much of east Africa. Kenya's government has said about 30,000 Kenyan workers would be employed to build a multi-billion dollar standard gauge railway from Mombasa to Nairobi, with only...

  • Check on road & rail stocks  Thursday, 25 Sep 2014 | 1:48 PM ET

    Up until today, transportation stocks had been showing signs of strength. CNBC's Dominic Chu reports the road and rail group is still one of the best performing in the S&P this month, and provides insight to trucking and transport company Ryder System.

  • Travelport raised about $480 million after its offering of 30 million shares was priced at $16 per share, the top end of the expected range of $14- $16. Travelport, which provides a travel commerce platform and technology services to travel agents, airlines, hotels and car rental companies, sold all of the shares on offer.

  • BISMARCK, North Dakota, Sept 23- Hess Corp and other major North Dakota oil producers told the state's top energy regulators on Tuesday that existing field practices used to prepare Bakken crude for rail transport are safe, and tighter standards could do more harm than good.

  • Are grain farmers losing to oil for rail service? Tuesday, 23 Sep 2014 | 12:01 PM ET

    A record harvest will likely cause financial hardships on grain farmers due to a lack of rail service. Some point the finger at the oil industry for the problem.

  • OTTAWA, Sept 22- The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of a special fund similar to one once set up for maritime oil spills, a government official said.

  • OTTAWA, Sept 22- The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of special fund similar to one once set up for maritime oil spills, a government official said.

  • HONG KONG, Sept 19- Shares in China's largest auto rental company CAR Inc surged as much as 28 percent in their Hong Kong trading debut on Friday as investors scrambled for exposure to a market expected to almost double to $11 billion by 2018..

  • OTTAWA, Sept 17- The Canadian government will fine Canadian National Railway Co for failing to meet minimum weekly grain volumes under an official order demanding railways ramp up grain shipments or face penalties, a spokeswoman for Transport Minister Lisa Raitt said on Wednesday.

  • Agriculture Secretary Thomas Vilsack met with Warren Buffett last week to urge the billionaire investor to make sure his BNSF railroad is ready for an expected record corn and soy harvest this year.

  • Agriculture Secretary Thomas Vilsack met with Warren Buffett last week to urge the billionaire investor to make sure his BNSF railroad is ready for an expected record corn and soy harvest this year.

  • Revamped U.S. refineries are absorbing heavy Canadian crude and new oil-rail terminals built by companies like Gibson Energy Inc and Canexus Corp are loading trains to deliver crude to markets across North America, and potentially abroad, limiting the downturn and keeping prices buoyant compared to the past seasons.

  • Siemens to build trains in US for private railway Thursday, 11 Sep 2014 | 5:58 PM ET
    At the Siemens plant in Sacramento, Calif., Michael Cahill of Siemens and Myles Tobin of All Aboard Florida tour a locomotive under construction.

    Plans are advancing for a private high-speed luxury railway in Florida by the end of 2016.

  • Hertz to appoint three Icahn nominees to its board Thursday, 11 Sep 2014 | 4:33 PM ET

    Sept 11- Car rental company Hertz Global Holdings Inc said it would add three directors nominated by billionaire investor Carl Icahn to its board.

  • Hertz's shares rose as much as 5 percent after the No. 2 U.S. car rental company said it had begun the search for a replacement. Brian MacDonald, CEO of Hertz's equipment rental business, which will soon be spun off, was named interim chief executive.

  • This sector is a hot investment right now: Analyst Thursday, 4 Sep 2014 | 3:53 PM ET
    A refrigerated railcar sits on the production line at the Greenbrier plant in Portland, Ore.

    These rail stocks are transportation analyst Sal Vitale's top picks. Find out why he thinks they still have room to run.

  • Truckers strike at Los Angeles, Long Beach ports Tuesday, 8 Jul 2014 | 6:11 AM ET
    The Port of Los Angeles

    Drivers in a labor dispute with three trucking companies at the ports of LA and Long Beach began an indefinite strike Monday.

  • Avoiding traffic jams: TomTom  Tuesday, 3 Jun 2014 | 4:40 AM ET

    Nick Cohn, global traffic congestion expert at TomTom, discusses traffic congestion and how drivers could save a lot of time by using live traffic data.

  • CNBC.com hot list: 2,000 too many?  Wednesday, 21 May 2014 | 4:48 PM ET

    CNBC.com Managing Editor Allen Wastler reports a big market correction; the entitlement program and a French rail company ordering 2,000 trains too wide for platforms are the hottest topics among CNBC.com readers.

  • US to oil shippers: No more unannounced visits Wednesday, 7 May 2014 | 3:20 PM ET
    A train is derailed west of Casselton, North Dakota

    U.S. companies moving crude via rail must tell states when a cargo is moving across their jurisdiction, the Transportation Secretary said.