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Transportation Infrastructure

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  • 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...

  • 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.

  • 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...

  • 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...

  • AMSTERDAM, March 27- Power had been restored at Amsterdam's Schiphol airport after a major outage hit the Dutch capital and surroundings on Friday morning, an airport spokeswoman said.

  • POWER RESTORED AT AMSTERDAM SCHIPHOL AIRPORT, BUT INCOMING FLIGHTS STILL BEING DIVERTED- SPOKESWOMAN.

  • AMSTERDAM, March 27- A major power outage hit large parts of Amsterdam and the surrounding province of North Holland on Friday, prompting the cancellation of all flights to and from the city's Schiphol airport. The outage was caused by a "technical fault" at a substation in the Amsterdam suburb of Diemen, it said on its Twitter feed. Frankfurt airport operator...

  • ALL FLIGHTS TO SCHIPHOL AIRPORT DIVERTING TO OTHER REGIONAL AIRPORTS- SPOKESWOMAN.

  • AMSTERDAM AIRPORT SCHIPHOL CANCELS FLIGHTS AFTER MAJOR POWER OUTAGE- AIRPORT SPOKESWOMAN.

  • KHOBAR, Saudi Arabia, March 26- Saudi Arabia has suspended international and domestic flights at seven airports in its south, aviation authorities said on Thursday after Riyadh and allied Gulf governments launched air strikes against Houthi fighters in Yemen. The airports affected include Jizan, Abha and Wadi al- Dawaser, the General Authority of Civil...

  • How to profit from America's crumbling roads Friday, 20 Mar 2015 | 3:04 PM ET
    Sidney Oats of Denver Public Works patches a pothole at 2nd Avenue and Knox Court in Denver on March 3, 2015. The combination of unseasonably warm temperatures followed by freezing cold is responsible for the onslaught of potholes in the Denver area.

    "There's a complete disrepair of our roads in the United States," says fund manager Josh Duitz. Here's how he'd play it.

  • Commuting in San Fran takes a 'Leap' of luxury Friday, 20 Mar 2015 | 12:27 PM ET
    A Leap bus in San Francisco.

    A San Francisco start-up is trying to redefine mass transit in the city with hip new luxury buses.

  • CARACAS, March 18- Venezuela asked a World Bank tribunal on Wednesday to toss out an order that it pay Swiss airport operator Flughafen Zurich AG and a Chilean partner around $36 million for the government takeover of airport facilities they operated in the country a decade ago. He said the request was filed with the World Bank's International Center for...