Transportation Road and Rail

  • Fixing America's crumbling infrastructure: Ray LaHood

    We need to raise the gas tax and raise a big pot of money, says former Secretary of Transportation Ray LaHood, discussing the challenges of repairing and costs associated with maintaining the nation's roads, bridges and tunnels.

  • 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...

  • Hyperloop test just a first step in deployment: Professor

    Professor David Levinson, University of Minnesota Center for Transportation Studies Department of Civil Engineering, discusses the future of Hyperloop as it completes its first test.

  • 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...

  • BEIJING, April 27- China's rail freight volume fell 9.0 percent in the first quarter of 2016 from a year earlier to 791 million tonnes, the country's top economic planner said on Wednesday. The tepid reading comes after China posted its weakest economic growth in 25 years in 2015.. Many China watchers look to rail volumes along with other activity gauges such as...

  • CSX CEO: Tough environment but signs of life

    Michael Ward, CSX Corporation CEO, joins Closing Bell to discuss CSX earnings and business strategy.

  • Ogden comeback

    Ogden, Utah was once a hub of rail and industry. But beginning in the 1970’s, people left and the town slipped into decline. Reporter Mary Thompson heads there to see what’s working now in this town near the Wasatch Mountains.

  • Glencore putting Australian coal train fleet on the block

    The commodities giant aims to raise as much as $1.1-billion by selling the Hunter Valley rail business.

  • Amtrak train derails in Kansas

    Several cars on a train derailed west of Dodge City early Monday.

  • Cramer's Mad Dash: Rails 'have bottomed'

    Jim Cramer explains what to watch ahead of the open, including why rail stocks are cheap and he'd be willing to buy CSX.

  • Railroads under pressure: Expert

    Justin Long, Stephens railroad analyst, discusses the ripple effect of crude's crush and declining rail demand on the railroad sector.

  • Crude- by-rail hits snag

    CNBC's Morgan Brennan reports transporting oil by railroad has hit a detour as crude prices collapse and volumes for the biggest railroads have dropped.

  • Google-backed start-up aims to fix traffic

    Urban Engines wants commuters to travel during off-peak hours to reduce congestion in cities.

  • Woman in Trucking

    With a 48,000-driver shortfall, U.S. trucking fleets are recruiting from a little-tapped labor pool: women.

  • Alstom has won two rail contracts in India worth up to €3.7B as the country ups spending in its outdated network, the Financial Times reports.

  • Straddle carriers move shipping containers at Asciano's Patrick terminal at the Port of Brisbane in Brisbane, Australia.

    Asciano said it had received a takeover proposal from a consortium led by Qube, challenging a rival offer from Canada's Brookfield.

  • A division of General Electric and Alstom, the French engineering company, are frontrunners to supply locomotives, the FT reports.