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Transportation Infrastructure

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  • SYDNEY, Aug 28- The state of Western Australia on Thursday said it planned to sell government-owned assets, including part of the Port Hedland shipping terminal, for an estimated A $1 billion to A $2 billion as its resource-heavy economy adjusts to the collapse of a decade-long mining boom.

  • Politicians cheer Pittsburgh airport gas drilling Monday, 25 Aug 2014 | 12:10 PM ET

    IMPERIAL, Pa.— The start of natural gas drilling near the Pittsburgh International Airport was cheered Monday by Pennsylvania politicians from both parties. Tom Corbett, Democratic County Executive Rich Fitzgerald, Republican U.S.

  • CAIRO/ BENGHAZI, Aug 25- Libya wants the international community to help protect its oilfields, airports and other state assets as it is too weak to stop armed groups fighting for control, its ambassador in Cairo said on Monday.

  • Driver of overweight big rig nabbed in Vermont Friday, 22 Aug 2014 | 4:30 PM ET

    MONTPELIER, Vt.— The Vermont Department of Motor Vehicles said Friday a trucker carrying part of a giant crane to a state bridge job had too much weight on his rig and too much alcohol in his system.

  • ULAN BATOR, Aug 22- China and Mongolia have signed 26 new deals on railroads, mining and power generation during Chinese President Xi Jinping's state visit that began on Thursday, Mongolia's Ministry of Foreign Affairs said. Closer economic relations with China may be landlocked Mongolia's answer to recent economic woes.

  • SHANGHAI, Aug 22- Thousands of truck drivers went on strike over salary and haulage rates in the eastern Chinese port of Ningbo this week, and a logistics firm said on Friday the industrial action was disrupting operations at the world's sixth busiest port.

  • Why Wall Street is betting on infrastructure fixes Wednesday, 20 Aug 2014 | 9:30 AM ET

    Big investors are shaping transportation in 2039 by betting on relatively boring fixes to bridges, airports and roads.

  • Old age may derail Amtrak's high-speed ambitions Tuesday, 19 Aug 2014 | 9:30 AM ET
    Amtrak's new high-speed trains could look like this. This artist's concept imagines one of the new trains in the station at Wilmington, Delaware.

    While the nation's primary passenger rail system is growing amid hopes for faster service, it's stuck with crumbling infrastructure.

  • ‘Bucket list' trip: The Panama Canal turns 100 Friday, 15 Aug 2014 | 10:29 AM ET
    A cruise ship in the Panama Canal

    On its centennial, cruisers are still flocking to make the 8–10 hour trip between oceans.

  • SHANGHAI, Aug 15- China will expand a scheme to speed up tax refunds for companies that export via a Shanghai port, the government said on Thursday, as it looks to boost the city's role as an international shipping centre.

  • Uber accused of canceling 1000's of rivals' rides Tuesday, 12 Aug 2014 | 12:33 PM ET
    Uber app on a mobile phone

    Ride-sharing service Lyft accused rival Uber of employing dirty tricks to get ahead.

  • LONDON, Aug 12- From modest beginnings in the Barnett shale beneath the city of Fort Worth, unnoticed by most energy analysts, horizontal drilling and hydraulic fracturing spread across North America and transformed all aspects of the energy landscape in under 10 years.

  • Delays persist for US high-speed rail Wednesday, 6 Aug 2014 | 2:34 PM ET
    An Amtrak Acela train to Boston, arrives in New Haven, Conn.

    Despite $11 billion in spending the Amtrak Acela only hits top speed for five or 10 minutes on the NY-Washington corridor. NYT reports.

  • CALGARY, Alberta, Aug 6- Canexus Corp, the developer of Canada's first dedicated oil train terminal, said on Wednesday it was talking to interested parties about potentially selling its 70,000 barrel-per-day loading facility in Bruderheim, Alberta.

  • CALGARY, Alberta, Aug 4- Canexus Corp, the developer of Canada's first dedicated oil train terminal, has embraced the crude-by-rail boom with little success so far. The company's Bruderheim terminal, 55 kilometers northeast of Edmonton, Alberta, is one of seven unit train terminals operating or under construction in Western Canada.

  • On the road again: RV sales picking up speed Friday, 1 Aug 2014 | 8:00 AM ET

    Recreational vehicles are "the most discretionary purchase you can think of," so as the economy emerges from the recession, sales are starting to follow.

  • COLUMN-Ruminating cattle and leaky gas pipelines: Kemp Thursday, 31 Jul 2014 | 12:22 PM ET

    LONDON, July 31- Supporters of natural gas promote it as a clean "bridge fuel" between the coal-and-oil dominated energy system of the present and the zero-emissions system of the future based on renewables and nuclear power. Shifting to gas is at the heart of the U.S. Environmental Protection Agency's proposed new rules for power plant emissions.

  • TORONTO, July 28- Canada's Ontario Teachers' Pension Plan said on Monday it plans to increase its ownership of Britain's Bristol Airport from the current 49 percent as Australian asset manager Macquarie Group reportedly shops for buyers for its 50 percent stake.

  • July 28- Canadian power company TransAlta Corp said it would build a A $570 million gas power station in South Hedland, Western Australia. The 150- megawatt power station will supply to customers of state-owned Horizon Power in the Pilbara region and to Fortescue Metals Group Ltd's port operations, TransAlta said on Monday.

  • The licence for New Kansai International Airport, which will be bundled with the operating rights for smaller Osaka International Airport, should fetch at least 2 trillion yen, Keiichi Ando, the chief executive of the government-owned New Kansai International Airport Co, told reporters.