GRANGER, Ind.— Australian investment consortium IFM Investors has closed on its $5.72 billion purchase of another company and its lease on the Indiana Toll Road was filed Wednesday in federal bankruptcy court in Chicago. IFM Investors plans to invest $260 million in capital improvements on the Indiana Toll Road over the next five years, The Times reported.» Read More
Competition to secure a private plane for the World Cup is heating up as Brazilian airports fill up.
Dorchester Collection hotels in California face more protests over their owner's ties to severe Islamic law penalties in Brunei.
Rideshare drivers in Seattle are seeking to start an App-Based Drivers' Association.
Employees at New York City's bike share program are considering whether to join TWU Local 100.
Despite some financial and legal challenges, bike-sharing programs continue to roll out in cities throughout North America.
Reuters managing editor Paul Ingrassia, discusses whether the $35 million fine from the federal government for General Motors will do lasting damage for the company.
CNBC's Phil LeBeau discusses GM's ignition recall problems ahead of the Department of Transportation news conference. LeBeau says NHTSA wants to know how General Motors is going to revamp their oversight of safety issues.
As a global business, Rio Tinto CEO Sam Walsh AO offers this advice to world leaders for how to spur growth.
President Obama says hundreds of thousands of jobs are at risk if Congress lets the Highway Trust Fund run dry, which will halt infrastructure projects.
SpotOn Parking aims to be a San Francisco salvation for drivers circling the block.
A slow-motion pile-up is coming into view this summer as federal funding for road construction runs out.
Amtrak CEO Joseph Boardman last week surprised transit officials with a shortened lifespan assessment of the Hudson River tunnels.
A 31.5-mile new weekday transit route opened to over-capacity crowds this week in Orlando.
Oil-by-rail shippers have mostly ignored U.S. government requests for data that aim to prevent mishaps, officials said on Friday.
As some hotels have added ladies-only floors to increase security and add amenities, one court has said it's unfair.
Emirates Airline, the world's largest operator of A380s, offers aspiring pilots "flights" to any of a dozen major airports around the world.
Peer-to-peer home rental site gets its day in court.
The art deco-designed Raleigh Hotel in South Beach has a fashionable new owner.
Key senators offered announced an outline of a new measure that would pour an additional $16 billion a year into the Highway Trust Fund.
After more than 100,000 flights were canceled this winter, business travelers are returning to the road.