Road and Rail Railroads

  • Cashing in on the canal

    CNBC's Mary Thompson reports from Panama on the new lane opening on the Panama Canal for even larger container ships to pass through.

  • Panama Canal opens wider lane

    CNBC's Mary Thompson reports on the new lane at the Panama Canal, which is re-configuring global trade which is expected to pay off for railroads.

  • $5.25B Canal overhaul

    CNBC’s Mary Thompson reports from the Panama Canal and explains how a their new lane could cut shipping costs from Asia by 30 percent.

  • Cramer's Mad Dash:

    Jim Cramer explains what to watch ahead of the open.

  • WARSAW, June 3- Polish freight group PKP Cargo is benefiting from rising demand for rail transport between China and Europe, a route that is developing as a modern day Silk Road. The company now operates 20 such trains each week, carrying mostly high value-added goods from China bound for Western Europe. It usually takes PKP's trains 11-14 days to get from China to...

  • NEW YORK, June 2- Rhetoric against free trade from both likely U.S. presidential nominees poses a risk to the economy and consumers who would lose out if international trade is restrained, the chief executive of the largest U.S. railroad said on Thursday. Presumptive Republican nominee Donald Trump has criticized the North American Free Trade Agreement and...

  • PARIS, June 2- Strikes halved French train services on Thursday but attempts by the militant CGT union to extend protests against planned labour reforms to air traffic control and the Paris underground ahead of a European soccer tournament appeared to have failed. Transport Minister Alain Vidalies said traffic was running normally despite a strike call on...

  • PARIS, June 2- Strikes halved French train services on Thursday but attempts by the militant CGT union to broaden protests against labour reforms to air traffic control and the Paris underground ahead of a European soccer tournament appeared to have failed. Transport Minister Alain Vidalies said traffic was normal on the Paris Metro, unions other than the CGT...

  • MOSCOW, May 31- Moscow's new international airport is set to open next month with only a handful of airlines and faces a struggle to win passengers from rivals after Russia's economic crisis. The Zhukovsky airport terminal was inaugurated by Prime Minister Dmitry Medvedev on Monday, part of a 10 billion rouble project to redevelop a cargo airfield and Cold War...

  • BEIJING, May 30- China's rail freight volume fell 7.9 percent in the first four months of 2016 from a year earlier to 1.05 billion tonnes, the country's top economic planner said on Monday. For April, the amount of cargo moved by railways declined 4.5 percent year-on-year to 260 million tonnes, the National Development and Reform Commission said on its website.

  • TORONTO/ MONTREAL, May 25- The wildfire that has ravaged northern Alberta and cut Canadian crude output by 25 percent is set to crimp corporate earnings beyond the oil patch, especially hitting the rail and hospitality sectors. The fire, which has caused an estimated $50 million a day in lost production for oil sands companies near the evacuated city of Fort...

  • *Camp lies on Greece's main rail route to rest of Europe. IDOMENI, Greece, May 25- Greece has sent in police and bulldozers to clear out Europe's biggest refugee camp because of the deteriorating humanitarian conditions there, but the operation should also unblock a vital artery for the ailing economy. Greece lies at the epicentre of two of the biggest challenges...

  • Ryder CEO: Truck rental biz slowing down

    Robert Sanchez, Ryder CEO, provides insight to what's impacting the transport sector, including oil prices, interest rates and a sluggish U.S. economy.

  • CLSA cautious on rails

    David Lipschitz, CLSA Senior Analyst, discusses CLSA initiating calls on rail stocks.

  • Philadelphia skyline with train

    The engineer controlling an Amtrak train that crashed outside Philadelphia last year was likely distracted. NBC News reports.

  • May 14- Hundreds of climate change activists in Washington state and New York mobilized on Saturday as part of a global protest against fossil fuels, event organizers said. Hundreds of activists were holding a protest in Anacortes, Washington, after about 150 demonstrators spent Friday night occupying railroad tracks leading to Tesoro Corp and Royal Dutch...

  • OMAHA, Neb., April 30- Warren Buffett on Saturday defended several of Berkshire Hathaway Inc's larger or struggling investments, including Coca-Cola and the BNSF railroad. Speaking at Berkshire's annual shareholder meeting in Omaha, Nebraska, Buffett also said overall first-quarter operating profit probably fell 12 percent to $3.73 billion from $4.24...

  • OMAHA, Neb., April 30- Warren Buffett on Saturday said preliminary first-quarter profit at his Berkshire Hathaway Inc fell about 12 percent, hurt by weaker performance in its railroad and insurance operations. Quarterly operating profit for the Omaha, Nebraska- based insurance and investment conglomerate probably fell to $3.73 billion from $4.24 billion.

  • WASHINGTON, April 29- U.S. government-owned passenger rail company Amtrak wields improper and coercive regulatory power over private freight carriers under a law that lets it help set rules that competing railroads must follow, a federal appeals court ruled on Friday. The U.S. Court of Appeals for the District of Columbia Circuit struck down parts of the 2008...

  • The U.S. Court of Appeals for the District of Columbia Circuit struck down parts of a 2008 law called the Passenger Rail Investment and Improvement Act, saying it violates the due process rights of freight carriers. Judge Janice Rogers Brown wrote on behalf of the unanimous three-judge panel that "there are limits to how far Congress may go to ensure Amtrak's...