Travel headlines for Wednesday include updates on the Metro-North derailment investigation and NYC's gridlock alert.» Read More
Officials believe a derailment at a northern Ohio rail yard damaged a railcar and leaked flammable liquid that led to evacuations.
SAO PAULO, Nov 22- Brazil opened two of its busiest airports to private investors on Friday, awarding $9 billion worth of contracts in a hotly contested auction as the country overhauls crowded terminals ahead of the 2014 World Cup and 2016 Olympics.
SAO PAULO, Nov 22- Brazil opened two of its busiest airports to private investors on Friday, awarding $9 billion worth of concessions in Rio de Janeiro and Belo Horizonte in a push to overhaul the country's crowded terminals.
*Many European, Asian firms express interest in Indonesia's airports. JAKARTA, Nov 21- Indonesia's need for more and better airports is drawing strong interest from foreign transport and construction companies, hungry for a slice of the action in one of world's the fastest growing markets for air travel.
NEW YORK/ WASHINGTON, Nov 14- U.S. railroads on Thursday urged regulators to improve safety standards for tank cars carrying flammable liquids, following a spate of accidents in the booming crude-by-rail industry.
Nov 12- The deal American Airlines and U.S. Airways Group struck to sell gate slots at half a dozen airports in exchange for government clearance for a merger could lift a cloud that has hung over a popular corner of the municipal bond market since late summer.
*Boeing seeking tax incentives and new 8- year labor contract. Washington Governor Jay Inslee, a Democrat, called the session to seek roughly $8 billion in tax breaks, a streamlined permitting process for Boeing and $10 billion in funding for transportation improvements.
*Spain in talks with Asian airlines over Madrid flights. *Deals would help Aena sale and boost tourism to Spain. LONDON, Nov 7- Spain is in talks with Asian airlines to bring more flights to Madrid's underused Barajas airport ahead of the planned privatisation of debt-laden airport operator Aena, its industry minister told Reuters.
NEW DELHI, Nov 6- Flashing lights on the roof, tailgating politicians' motorcades, smashing up toll booths, and beating up toll collectors.
Nov 4- Hertz Global Holdings Inc's quarterly adjusted profit beat analysts' estimates, helped by higher off-airport car rentals and strong performance of Dollar Thrifty, which it bought last year.
LONDON, Nov 4- In the decade to 2013, shale gas and oil transformed the U.S. and global energy markets. Freight trucks powered by liquefied natural gas rather than diesel could become a common sight on the U.S. interstate highway system under plans being developed and financed by Royal Dutch Shell.
The joint project is to develop a railway network linking Oman in the south to Kuwait in the north through the United Arab Emirates, Qatar, Bahrain and Saudi Arabia.
CHICAGO, Oct 25- Harvesting the largest U.S. corn crop on record and transporting it on railroads and rivers to markets here and abroad is driving up costs for rail cars, barges and trucks in the world's top crop producer and exporter.
Traffic to Barajas airport has dropped as Spain's economic crisis cut domestic tourism and business travel. Investment bank Lazard and Spain's N +1 brokerage are helping with a search for investors for a public launch of at least 49 percent of Aena, which operates 46 Spanish airports and London's Luton, and has stakes in 14 Latin American airports.
WINNIPEG, Manitoba, Oct 16- A possible strike at Canada's biggest railway is compounding a vexing problem in the second-biggest wheat exporting country- how to move the western crop belt's abundant harvest to port with a strained transportation system.
MANILA, Oct 15- Images of a portion of the Philippines' oldest light rail transit line ablaze in the middle of the night were exactly what private sector bidders for a $1.4 billion rehabilitation of the country's rail system had feared.
*Syria seen as risk area for many shipping companies. LONDON, Oct 9- War and sanctions are taking an increasing toll on Syria's vital sea-borne trade, with fewer vessels calling at its cargo ports as ship-owners shy away from the risks associated with a conflict now in its third year.
David Skov, Head, South China, Maersk Line expects global container demand to pick up to 4-6% growth in the next few years, as compared to a forecast of 2-3% gain this year.
The ballot measure that taps into unease over American income inequality goes before voters in the city of SeaTac on Nov. 5. The wage campaign, funded by labor and community groups, comes during a push for more liveable wages for lower-skilled workers that extends far beyond SeaTac, an ethnic hodgepodge of roughly 28,000 people that was incorporated in 1990..
LONDON, Oct 4- LNG-powered locomotives could be in widespread use on North American railroads as early as 2016 or 2017, according to Railway Age, one of the industry's leading technical publications- which is far sooner than most energy analysts expect.