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Transportation Infrastructure

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  • MOSCOW, Aug 21- Two brothers belonging to President Vladimir Putin's inner circle lobbied for the appointment of Deputy Transport Minister Oleg Belozerov as the new head of Russia's vast state railway monopoly, the newspaper Vedomosti reported on Friday, citing anonymous sources. The paper quoted several sources as saying Belozerov was close to Arkady and...

  • BEIJING, Aug 21- China's banking regulator has issued new guidance aimed at supporting the country's so-called new Silk Road infrastructure initiative, along with regional development in the Beijing- Tianjin- Hebei area and the Yangtze River economic corridor that includes Shanghai.

  • Why drought-struck California is demolishing a dam Thursday, 20 Aug 2015 | 11:45 AM ET
    Workmen stand at the base of the largest dam removal in California history: workers tearing down the San Clemente Dam in Monterey County.

    With California mired in drought, it might seem odd there's a dam demolition underway.

  • America bursting at the seams Thursday, 20 Aug 2015 | 11:08 AM ET
    America bursting at the seams

    CNBC's Jane Wells reports on the aging underground water pipe infrastructure in America. According to the American Water Works Association, there are nearly a quarter million water main breaks per year.

  • Building ports of the future Thursday, 20 Aug 2015 | 8:46 AM ET
    Building ports of the future

    Joan Mileski, Texas A&M at Galveston, discusses the need to keep up with the speed of trade and improve U.S. port infrastructure.

  • Unclogging US ports Thursday, 20 Aug 2015 | 8:39 AM ET
    Unclogging US ports

    CNBC's Jane Wells reports on the future of America's ports and what kind of investments it will take to improve them.

  • OLYMPIA, Wash.— A divided Washington Supreme Court ruled Thursday that a first-in-the nation initiative to raise the minimum wage to $15 an hour in the city of SeaTac should apply to thousands of workers at the airport. SeaTac was the first city in the nation to adopt a $15 minimum wage, but it only applies to transportation and hospitality workers.

  • MINEOLA, N.Y.— The Federal Aviation Administration is moving too slowly to implement rules requiring drone manufacturers to install technology that would prevent the aircraft from entering "no-fly zones" like airports, U.S. Schumer told The Associated Press on Wednesday that he will propose an amendment to legislation funding the FAA this fall that would...

  • America's infrastructure? 'Dumb as we want to be': Tom Friedman

    Thomas Friedman, New York Times columnist, discusses why it's time for Congress to pass a transportation bill to fund the rebuilding of America's crumbing roads, railways, and airports.

  • Race to rebuild America's crumbling airports Wednesday, 19 Aug 2015 | 7:16 AM ET
    Race to rebuild America's crumbling airports

    CNBC's Phil LeBeau reports from Denver International Airport - the nation's newest airport - with a look at the deterioration of America's airports and why it pays to invest in out-of-date infrastructures.

  • Utah lawmakers OK new state prison in Salt Lake City Wednesday, 19 Aug 2015 | 5:01 AM ET

    SALT LAKE CITY— Utah lawmakers on Wednesday voted to build a new state prison near Salt Lake City's airport. Proponents of the move say the lot 3 miles west of Salt Lake City International Airport will allow Utah to build a state-of-the-art facility and tear down a crowded, aging prison in the Salt Lake City suburb of Draper, freeing up that land for business...

  • Oil... lower it goes, better the bounce: Expert Tuesday, 18 Aug 2015 | 8:44 AM ET
    Oil... lower it goes, better the bounce: Expert

    Tom Petrie, Petrie Partners chairman, weighs in on how supply and demand imbalance is driving the price of oil.

  • Race to rebuild: Pipelines everywhere Tuesday, 18 Aug 2015 | 8:16 AM ET
    Race to rebuild: Pipelines everywhere

    CNBC's Jackie DeAngelis reports on pipeline companies working to build out infrastructure within our borders that could move more oil than Keystone.

  • Greece gives German firm rights to run 14 airports Tuesday, 18 Aug 2015 | 5:36 AM ET

    ATHENS, Greece— Greece has agreed to sell to a German company the rights to operate 14 regional airports. The government had initially vowed to cancel the country's privatization program, but Tsipras has been forced to renege on his pre-election promises in order to win a deal on a third international bailout for Greece, worth 86 billion euros.

  • Bruce Flatt, chief executive officer of Brookfield Asset Management Inc., speaks during the company's annual general meeting in Toronto, Ontario, Canada.

    A group led by Canada's Brookfield will buy Australian logistics company Asciano for $6.5B, creating a global port and freight business.

  • Brookfield CEO: Asciano deal will enhance our business

    Sam Pollock, CEO of Brookfield Infrastructure Partners, says Asciano's operating capabilities in the port and rail freight sectors will be a boost for its business internationally.

  • JEFFERSON CITY, Mo.— While Congress remains stalled on a long-term plan for funding highways, state lawmakers and governors aren't waiting around. And legislators are returning to work this week in California and Michigan with transportation funding on the agenda. "I don't know of a state that's not having the conversation" about raising revenue for...

  • Reworking the rails Monday, 17 Aug 2015 | 8:44 AM ET
    Reworking the rails

    CNBC's Morgan Brennan, takes a look at the big bet some transport carriers are making to fit more containers on their networks.

  • China's Premier Li vows probe into Tianjin blasts Sunday, 16 Aug 2015 | 9:05 PM ET
    China's Premier Li vows probe into Tianjin blasts

    Chinese premier Li Keqiang visited the scene of the twin blasts in Tianjin on Sunday as local officials sought to calm distraught families of the victims and displaced residents.

  • ALBANY, N.Y.— He committed billions of dollars to overhaul LaGuardia Airport and build a new Tappan Zee Bridge— but New York Gov. The existing Amtrak tunnel connecting New York City and New Jersey is a century old and in disrepair. Transportation Secretary Anthony Foxx to meet with him and New Jersey Gov.