Infrastructure Transportation Infrastructure

  • COLUMBUS, Ohio— Ohio has agreed to a $1.5 million contract with the U.S. Air Force to work on a ground-based system for monitoring airspace for drones at a southwestern Ohio airport. The Springfield News-Sun reported that the Air Force and the state plan to jointly invest $5 million in research equipment in hopes that Springfield-Beckley Municipal Airport...

  • MEXICO CITY/ MADRID, Dec 6- Mexican tycoon Carlos Slim and construction firm ICA will bid jointly to build a $3.5 billion terminal for Mexico City's new airport, and no longer face competition from Spanish rivals Ferrovial and Dragados, people familiar with the matter said. Reuters reported in October that a consortium led by Carso Infraestructura y...

  • SAN FRANCISCO, Dec 6- Democrats in California's state Senate announced on Tuesday a series of infrastructure funding bills that would invest billions in roads, bridges, housing and water projects. Democrats in the California Senate proposed five bills on Tuesday, including one that would use $6 billion a year over the next decade to repair roads and bridges and...

  • SAN FRANCISCO, Dec 6- Democrats in California's state Senate announced on Tuesday a series of infrastructure funding bills that would invest billions in roads, bridges, housing and water projects. Democrats in the California Senate proposed five bills on Tuesday, including one that would use $6 billion a year over the next decade to repair roads and bridges and...

  • SAN FRANCISCO, Dec 6- Democrats in California's state Senate announced on Tuesday a series of infrastructure funding bills that would invest billions in roads, bridges, housing and water projects. Democrats in the California Senate proposed five bills on Tuesday, including one that would use $6 billion a year over the next decade to repair roads and bridges and...

  • DAYTON, Ohio— Delta Air Lines says a flight bound for Atlanta made a quick return to a southwest Ohio airport because of a possible engine issue. The Atlanta- based airline says Flight 2392 took off from Dayton International Airport on Tuesday morning and returned safely shortly afterward because of an indication that one of the MD-90's two engines was getting...

  • LONDON, Dec 6- Liverpool's new container terminal expects to ramp up transatlantic shipping as British companies look to deepen business ties despite concerns that the U.S. election of Donald Trump could hinder free trade, the port operator's chief said. Mark Whitworth, chief executive of Peel Ports, said Liverpool, on England's northwest coast, already had 45...

  • A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015.

    The Dow Jones transportation average hit a new multiyear high dating back to March 2015 on Thursday.

  • The logo of the Government of Singapore Investment Corp. (GIC)

    Trump’s win has left a “high degree of uncertainty," said Leif Lybecker Eskesen, senior VP for economics and investment strategy at Singapore state fund GIC.

  • COLOMBIA AUTHORITIES RESPONDING TO EMERGENCY AFTER AIRPLANE WITH 72 PEOPLE ON BOARD CRASHED ON ITS WAY TO MEDELLIN'S INTERNATIONAL AIRPORT- AP.

  • SAO PAULO, Nov 28- Brazilian port workers are planning to start a 24- hour strike at 7 a.m. on Wednesday, shipping agents Williams Brazil said on Monday. In an email, Williams said the union was calling for a national strike. A union representative was not immediately available.

  • ALBANY, N.Y.— A corporate accountant in New York admitted Monday to stealing at least $3.1 million from agribusiness giant Cargill, Inc., and causing $25 million in losses to the privately held company's grain shipping operations at the Port of Albany. Diane Backis, of Athens, New York, pleaded guilty Monday in federal court in Albany to mail fraud and filing a false...

  • Charles 'Wick'' Moorman

    Amtrak CEO Wick Moorman says he hopes Donald Trump's infrastructure policies will give the president-elect's home city a boost.

  • Amtrak CEO: Industry committed to positive train control

    CNBC's Morgan Brennan speaks with Amtrak president and CEO Wick Moorman about President-elect Trump's infrastructure plans and the state of the rail industry in America.

  • Ultimately, free trade will win: DP World CEO

    Bright spots in the global logistics industry are apparent despite some gloom on trade, says Sultan Ahmed Bin Sulayem, group chairman and CEO.

  • With the death toll set to rise, the derailment could become India's worst rail tragedy since 2005, when a train was crushed by rocks and another plunged into a river- each killing more than 100 people. India's creaking railway system is the world's fourth largest. Suresh Prabhu, India's railways minister, said in a tweet that the government would investigate the...

  • NEW YORK, Nov 17- A regional transportation authority for New York and New Jersey on Thursday approved the formation of a municipal corporation to oversee construction of Amtrak's massive $24 billion Gateway rail transportation project. The Gateway Program Development Corporation will be an entity within the Port Authority of New York and New Jersey to...

  • Getting rails back on track

    CNBC's Morgan Brennan takes a look at how Trump's presidency and the potential of major infrastructure spending could give the rail sector a much-needed boost.

  • Lyft LED taxi light

    The ride-hailing company is dropping its iconic pink mustache in favor of a "smart Amp" that will match drivers to hailers through colored LED lights.

  • State and federal agencies are in the process of replacing the Governor Malcolm Wilson Tappan Zee Bridge (usually referred to as the Tappan Zee Bridge) over New York's Hudson River.

    Finding the money for president-elect Trump's infrastructure plan may be the easy part. Finding enough skilled workers will be harder.