NEW YORK— A $29 billion infusion into the city's transportation network, brokered during a political fight that threatened commuters, likely will still leave the nation's largest regional transportation network lagging behind modern systems across the globe but will provide repairs and upgrades needed to keep pace with booming ridership, transit...» Read More
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.
With California mired in drought, it might seem odd there's a dam demolition underway.
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.
Joan Mileski, Texas A&M at Galveston, discusses the need to keep up with the speed of trade and improve U.S. port infrastructure.
CNBC's Jane Wells reports on the future of America's ports and what kind of investments it will take to improve them.
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.
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- the nation's newest airport - with a look at the deterioration of America's airports and why it pays to invest in out-of-date infrastructures.
Tom Petrie, Petrie Partners chairman, weighs in on how supply and demand imbalance is driving the price of oil.
CNBC's Jackie DeAngelis reports on pipeline companies working to build out infrastructure within our borders that could move more oil than Keystone.
A group led by Canada's Brookfield will buy Australian logistics company Asciano for $6.5B, creating a global port and freight 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.
CNBC's Morgan Brennan, takes a look at the big bet some transport carriers are making to fit more containers on their networks.
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.
Lourdes Casanova, senior lecturer of management and academic director at Johnson School of Business, Cornell University, discusses the business opportunities in Cuba for Western firms.
ATHENS, Aug 13- Greece's privatisations agency on Thursday announced deadlines for bids on tenders for the country's two largest ports and state railways TRAINOSE, assets Athens has agreed to sell as part of a new three-year bailout by its international lenders. Greek privatisation proceeds, excluding bank shares, are expected to total 6.4 billion euros...
North Korea is looking to raise $39M to fund a new brewery in Wonsan, an eastern port city where leader Kim Jong Un has big development ambitions.
Beijing was chosen to host the 2022 Winter Olympics, which highlights a bigger problem—many cities don't think it's worth the cost.
Hong Kong's first major IPO to brave the market since the depths of the China market rout, CRSC, opened nearly flat on debut Friday.
As Singapore celebrates its 50th year of independence, questions are percolating about its future.