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Transportation Infrastructure

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  • Doubts deepen over Chinese-backed Nicaragua canal Friday, 26 Dec 2014 | 10:45 PM ET
    Thousands of demonstrators march against the 173-mile Interoceanic Grand Canal that they say will negatively impact the environment, communities and Nicaraguan sovereignty, in Managua, Nicaragua December 10, 2014.

    Skepticism is growing over a $50 billion project to build a canal across Nicaragua, a project spearheaded by a little-known Chinese businessman.

  • AUSTIN, Texas, Dec 26- With high-speed rail in the United States long on plans and short on construction, a Texas company is aiming to fast-track service between Dallas and Houston. The Texas Central Railway Company plans to use private investment and Central Japan Railway bullet train technology to run a line between two of the largest U.S. cities.

  • Dec 23- Germany's HeidelbergCement AG is negotiating to sell Hanson Building Products Ltd, a maker of concrete and clay building products, to private equity firm Lone Star Funds, according to people familiar with the matter. HeidelbergCement is weighing a sale to Lone Star as a way to shed the non-core unit more quickly than through an initial public offering,...

  • US port employers seek mediation in dockworker talks Monday, 22 Dec 2014 | 9:20 PM ET
    A longshoreman walks on bags of rice in a cargo ship at the Port of West Sacramento in California

    Shipping lines and terminal operators at 29 U.S. West Coast ports requested federal mediation on Monday in their contract talks with the union for 20,000 dockworkers.

  • LOS ANGELES, Dec 22- Shipping lines and terminal operators at 29 U.S. West Coast ports requested federal mediation on Monday in their contract talks with the union for 20,000 dockworkers, saying the two sides remain far from a deal after seven months of negotiations. The International Longshore and Warehouse Union has so far resisted previous calls by the...

  • Oil price fuels Carnival Cruises' success   Friday, 19 Dec 2014 | 11:15 AM ET
    Oil price fuels Carnival Cruises' success

    Carnival Cruises earnings have beaten expectations in its fourth quarter, with lower fuel prices being a great help, says David Dingle, UK chairman of Carnival Cruises.

  • LOS ANGELES, Dec 17- Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports remain far from a deal with union dockworkers after seven months of contract talks, the companies said on Wednesday, again blaming the union for waterfront cargo slowdowns. The Pacific Maritime Association statement came a day before the companies were slated...

  • TORONTO, Dec 15- The parent of Canada's Porter Airlines is nearing the sale of a passenger terminal it operates at Toronto's Billy Bishop Airport, according to three sources familiar with the process. One of the sources familiar with the process said at least two separate bids are expected this week from pension fund manager Alberta Investment Management Corp...

  • LOS ANGELES, Dec 15- The union for 20,000 dockworkers and a group of their employers at 29 U.S. West Coast ports say they are making slow but steady progress in months-long contract talks seen by the shipping industry as a contributing factor in chronic cargo backups. The International Longshore and Warehouse Union and the Pacific Maritime Association,...

  • NEW YORK, Dec 14- For the past 18 months, Americans from Albany to Oregon have voiced growing alarm over the rising number of oil-laden freight trains coursing through their cities, a trend they fear is endangering public safety. The public assistance in states like New York, Pennsylvania, Ohio, Oklahoma and Oregon comes as railroads are posting record profits, and...

  • LODZ, Poland, Dec 14- The European Union has given Poland more than 100 million euros to build at least three "ghost" airports in places where there are not enough passengers to keep them in business. Poland is not the only country in Europe to have built airports that struggle to attract flights. Poland received 615.7 million euros in EU support for airports between...

  • "I'm not one who often calls for regulation," Tony Tyler, director general of the International Air Transport Association, said in an interview on the sidelines of the organization's global media day. Tyler's concern comes amid growing reports of dangerous drone flights at airports, stadiums and military bases in the United States and elsewhere.

  • BERLIN, Dec 8- Airports and train stations are home to ever increasing numbers of retail outlets, serving travelers who want to buy goods on the go and brands targeting a global and mobile audience. It's about squeezing it in to our hectic lifestyles, "said Ben Perkins, consumer expert at consultants Deloitte. The sector is enjoying 10 percent annual growth and...

  • Mansion-gate: Mexican leader hit by house scandal Wednesday, 12 Nov 2014 | 3:42 PM ET
    Mexico's President Enrique Pena Nieto

    A scandal is engulfing Mexico's president, but it's not likely to disrupt energy auctions scheduled for next year.

  • How to save, and even cash in, on airport parking Saturday, 18 Oct 2014 | 3:00 PM ET
    Airport parking sign

    A little research can uncover deep discounts, freebies and even options to get paid for leaving your car while on vacation.

  • Time to invest in infrastructure: Wesley Clark Wednesday, 15 Oct 2014 | 10:18 AM ET
    Wesley Clark

    There's a lot of money sitting on the sidelines of the global economy. Let's put it to work to benefit all, says Ret. Gen. Wesley Clark.

  • Minimum wage battle split to the industry level Friday, 26 Sep 2014 | 12:47 PM ET
    Hotel worker

    Fewer than 10,000 workers could get the new minimum raise adopted by the Los Angeles City Council.

  • Siemens to build trains in US for private railway Thursday, 11 Sep 2014 | 5:58 PM ET
    At the Siemens plant in Sacramento, Calif., Michael Cahill of Siemens and Myles Tobin of All Aboard Florida tour a locomotive under construction.

    Plans are advancing for a private high-speed luxury railway in Florida by the end of 2016.

  • 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.