*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...» Read More
NEW DELHI, Feb 26- India will increase investment in its overloaded railway network to 8.5 trillion rupees over the next five years, the government said on Thursday, promising to modernise existing tracks but shying away from raising fares to fund the expansion. Presenting the railway budget just two days before the government delivers its first full annual...
President Obama responds to wide concern over deteriorating US infrastructure of highways and bridges, and whether there's an opportunity for bipartisan success.
BOSTON, Nov 20- Irving Oil has told regulators that recent air quality testing it commissioned around its oil-by-rail terminal in Saint John, New Brunswick, Canada's largest such facility, shows no cause for public health concern. All the pollutants measured in the study "were found to be below available regulatory objective limits," Irving said in a summary...
NEW YORK, Nov 7- As the prospect of a global glut of oil sends shares of once-booming U.S. energy companies lower, some fund managers see value in pipeline and refinery companies, whose fortunes are tied more to the volume of oil than to its price. "They're like toll roads," said ClearBridge Investments' Chris Eades, who oversees about $8 billion in energy strategies at...
Canexus did not name the company, which signed a take-or-pay agreement in December 2013, and said the contract was cancelled after delays in connecting the crude-by-rail terminal to the Cold Lake pipeline system. "We are very disappointed that the delay in the tie-in of the Cold Lake pipeline system to the unit train facility triggered the termination right...
"The Federal government has given up the business of running highways," says John Hofmeister, Citizens For Affordable Energy. He thinks they should let the state's take over.
Insight to why fatal truck accidents have risen 18 percent from 2009-2012, with CNBC's Eamon Javers.
CNBC's Eamon Javers takes a look at highway safety and how new technology is being used to prevent terrible crashes and tragedies on the road.
CNBC's Eamon Javers takes a look at highway safety and long-haul trucking.
Sen. Bob Corker, (R-Tenn.), shares his plan to find a responsible way to pay for the Highway Trust Fund.
Key senators offered announced an outline of a new measure that would pour an additional $16 billion a year into the Highway Trust Fund.
Large parts of the country have been dealing with severe winter weather this year, including heavy snow and ice. The harsh weather has produced an unexpected headache for many drivers in the form of potholes. NBC's Tom Costello reports.
People participating in extreme sports can spend anywhere from a few hundred dollars to tens of thousands. What are the costs associated with extreme sports?