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Transportation Infrastructure

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  • In Silicon Valley, the private jet business soars Friday, 17 Apr 2015 | 3:38 PM ET
    Jets flying over Golden Gate Bridge

    Traffic is a serious problem in Silicon Valley, but for residents who value their time, and who boast deep pockets, there's a solution.

  • TORONTO, April 16- Canadian National Railway Co, hit by a recent string of derailments, will spend C $500 million to upgrade its feeder network in Western Canada to improve safety and boost capacity, the railway said on Thursday. The new multiyear program allocates about C $100 million for branch lines in northern Alberta in 2015. CN plans capital spending of C...

  • NEWARK, N.J.— Authorities say a wolverine tried to escape from its metal carrier at a New Jersey airport and had to be tranquilized. Joe Pentangelo with the Port Authority of New York and New Jersey says officers were called to Terminal C at Newark Liberty International Airport on Tuesday afternoon. The wolverine was traveling from Norway to Alaska.

  • New York's TSA collected HOW MUCH in loose change?! Monday, 13 Apr 2015 | 9:49 AM ET
    copper pennies

    The TSA collected $76,000 in loose change left at security checkpoints in New York City area's three major airports last year.

  • U.S. airports that want to fortify the perimeter fences and gates that keep the public from planes are turning to technological fixes that come with a hefty price tag— and don't always work. An Associated Press investigation this week documented several hundred instances in which intruders hopped over, crawled under, drove cars through or otherwise breached...

  • NEW YORK— The TSA collected $76,000 in loose change left at security checkpoints in New York City area's three major airports last year. Transportation Security Administration workers found $42,550 in unclaimed spare change at Kennedy Airport alone. Spokesman Ross Feinstein says the TSA got authority from Congress in 2005 to spend unclaimed money on...

  • Where are the planes at China's lovely airport? Thursday, 9 Apr 2015 | 7:36 PM ET

    After a $6 million refurbishment, fewer than 4,000 passengers have passed through the gates of China's Dachangshan island airport.

  • DACHANGSHAN ISLAND, China, April 10- When officials reopened the airport on the sparsely populated Dachangshan island off China's north-east coast after a $6 million refurbishment in 2008, they planned to welcome 42,000 passengers in 2010 and another 78,000 in 2015.. However, fewer than 4,000 passengers- or just a 10 a day- passed through its gates in 2013, data...

  • Long tarmac delays at US airports spiked in February Thursday, 9 Apr 2015 | 12:33 PM ET

    But consumers' biggest gripe was aimed at United Airlines for refusing to honor super-cheap first-class fares that mistakenly appeared on its website for Denmark on Feb. 11. Eleven of the long delays were American Airlines or American Eagle flights to or from Dallas-Fort Worth International Airport during a Feb. 27 snow storm, the government said.

  • Charter flights planned between Orlando and Cuba Thursday, 9 Apr 2015 | 12:19 PM ET

    ORLANDO, Fla.— Charter flights will start this summer between Orlando and Cuba. Officials at Orlando International Airport on Thursday said Island Travel& Tours will begin nonstop flights to Cuba in July. Travelers to Cuba will need to get prior approval from the U.S. Customs and Border Protection agency.

  • Charles Schumer rode the "R'' train from Brooklyn to City Hall on Thursday morning, chatting with straphangers, handing out leaflets and, at times, adopting Boston accents as they called for the public to pressure Congress to increase federal transportation funding. The two men, both Democrats, urged Congress to replenish the federal highway trust fund, which is...

  • UK Oil& Gas Investments PLC says analysis of a new well in the Weald Basin indicates there may be as much as 158 million barrels of oil per square mile in the region. While oil companies have been drilling in the Weald Basin since the 1930 s, UK Oil& Gas says new "concepts, techniques and technology" have given it a better understanding of the region's potential.

  • 40 percent of flights canceled in France amid strike Wednesday, 8 Apr 2015 | 4:06 AM ET

    PARIS— French air traffic controllers went on strike Wednesday to demand better working and retirement conditions, prompting the cancellation of nearly half of flights across France. Air France said long-haul flights were not affected, and guaranteed some 60 percent of medium-haul flights from and to Paris' main airport, Charles de Gaulle.

  • LOS ANGELES, April 1- Cargo congestion at the two busiest U.S. container ports has eased considerably in the six weeks since West Coast dockworkers and shippers reached a tentative labor deal, but port officials said it would take several more weeks for freight traffic to return to normal. The most obvious sign of improved cargo flow through the ports of Los...

  • West Coast port fiasco over? Not so fast Wednesday, 1 Apr 2015 | 10:54 AM ET
    A shipping container is moved at the Port of Oakland.

    Serious damage has been done to the West Coast ports business and it needs to be addressed quickly, say the CEOs of the US Chamber, NRF and NAM.

  • 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...

  • MEXICO CITY, March 31- Mexico is trying to get Chinese state-run companies involved in the construction of a new $11 billion airport as it seeks to make up for a tainted rail tender that soured relations with Beijing, a source with knowledge of the government plan said. Mexico announced in September it would build the new Mexico City airport to relieve congestion...

  • Shipping lines: Can they survive?   Tuesday, 31 Mar 2015 | 4:50 AM ET
    Shipping lines: Can they survive?

    Is oil the sole perpetrator for the slowdown in the shipping industry? Albert Stein, Managing Director of AlixPartners, says oil is a "mixed blessing" for different types of ships, while talking about the industry's outlook.

  • *New railways target Uganda, Rwanda, Burundi, Congo. Oil discoveries in Kenya and Uganda and gas finds in Tanzania have turned east Africa into an exploration hotspot for oil firms but transport infrastructure in those countries has suffered from decades of under-investment. Sitta said the railway network would meet the huge demand for the transportation of...