Transportation Road and Rail

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  • Austin, Texas

    Every day, about 10 Kansas City Southern trains hauling everything from cars to chemicals crisscross the border between Mexico and the United States at Laredo, Texas, up from about six three years ago.

  • Update on New York Transit & Power

    CNBC's Jackie DeAngelis has the latest numbers on trains and utilities restoring service in the New York metropolitan area.

  • Coal trains await unloading at Port Waratah Coal Services on April 12, 2007 in Newcastle, Australia.

    Rio Tinto is investing $518 million in driverless trains for its 1,500 kilometer (930 mile) Western Australian iron-ore rail network, increasing network capacity as the world no. 2 iron ore miner aims to boost output 60 percent by 2015.

  • China Toll Road Sector a Safe Bet: Analyst

    Patrick Xu, ground transportation analyst, Asia Ex-Japan Equity Research., Barclays Capital, says valuations of China's toll road stocks are attractive and a safe bet in a volatile market.

  • A CRH high-speed train runs on the Zaozhuang section of Beijing-Shanghai high-speed line.

    With the same force that powered the most ambitious rail programme in history, China has slammed the brakes on its investment in high-speed trains. The FT reports.

  • shipping_cont_4.jpg

    Analysts have been raising their predictions for holiday spending ever since the back-to-school shopping season was stronger than most had expected. But the people who work at the companies that ship and transport retailers’ goods are not nearly as optimistic about holiday sales. The New York Times reports.

  • A woman surfs the internet on a laptop computer at a wireless cafe in Beijing, China.

    In the aftermath of China's recent high-speed train collision, citizens have lashed out at the government's handling of the disaster on weibo, the Chinese version of Twitter.  The NYT reports.

  • The wreckage of a carriage is lifted from the accident scene of the crash caused by the earlier collision of two trains on July 24, 2011 in Wenzhou, Zhejiang Province of China. The accident occurred on the evening of July 23 when the D301 train, travelling from Beijing to Fuzhou, collided with the D3115 train, travelling from Hangzhou to Fuzhou, which had stalled on the line after a suspected lightening strike. The first four coaches of D301 fell off the viaduct while the 15th and 16th coaches o

    After days of growing public fury over last month’s high-speed train crash and the government’s reaction, Chinese authorities have enacted a virtual news blackout on the disaster except for positive stories or information officially released by the government. The NYT reports.

  • Rescue operations continue on the wreckages of two high-speed trains that collided in the town of Shuangyu, on the outskirts of Wenzhou in the eastern Chinese province of Zhejiang on July 24, 2011.

    A deadly train accident in eastern China has added to a national sense of unease that safety  may have been sacrificed in the country’s rush to modernize.  The NYT reports.

  • As rising fuel prices continue to make air and car travel more expensive, countries around the world are pushing ahead with high-speed rail plans.The global rail industry is expected to reach a value of $870 billion in 2012, according to market research firm Datamonitor.In the U.K., nearly 5 percent more passengers used trains in the first three months of 2011, compared to the year before. The country's rail network experienced a level of traffic unseen since the 1920s, according to the Associat

    CNBC.com has compiled a list of the countries with world's fastest trains based on the highest speeds that trains have reached. Here's the list!

  • Beijing, China

    The question now is how much economic growth may slow, before the authorities shift from controlling inflation to revving the growth engine. The NYT reports.

  • Rail attendants pose with the Chinese high-speed trains at a station in Shanghai on October 26, 2010, prior to the launch of the Shanghai to Hangzhou line. China's latest new high-speed passenger rail line went into service, halving travel time to 45 minutes between Shanghai and the eastern lake city of Hangzhou, officials said. CHINA OUT AFP PHOTO (Photo credit should read STR/AFP/Getty Images)

    China’s high-speed railway system, the largest-ever transportation infrastructure project in history, is presenting opportunities for global investors, says Jerry Lou, China Strategist at Morgan Stanley.

  • Workers assist at a construction site of the Chengdu-Dujiangyan railway.

    Investigators have found evidence that nearly $30 million of funds budgeted for China’s Beijing-Shanghai high-speed rail line was misappropriated last year, in another blow to the country’s scandal-plagued high-speed rail sector. The FT reports.