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  • SACRAMENTO, Calif.— California voters embraced the idea of building the nation's first real high-speed rail system, which promised to whisk travelers from San Francisco to Los Angeles in under three hours, a trip that can take six hours or more by car. In the second phase of a court challenge filed in 2011, attorneys for a group of Central Valley farmers will argue...

  • PARIS, Feb 5- France's Vinci is looking at opportunities to grow in concessions in Latin America and in oil and gas and infrastructures in Iran, as it further expands abroad to counter weak growth at home, its chief executive said on Friday. Vinci was also looking to grow all its businesses in America, notably motorway concessions in Brazil, Colombia and Mexico, and...

  • ATHENS/ SHANGHAI, Feb 5- China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub. Bolstered by December's merger with China Shipping Group, COSCO's...

  • PARIS— Protesting chauffeurs have moved to Paris' city center after having disrupted access to the Charles de Gaulle airport for a few hours, amid tensions between traditional taxis and app-based car services as the government loosens regulations in the evolving sector. Taxi drivers and chauffeurs pelted each other with projectiles overnight at the Porte...

  • President Barack Obama will launch a long-shot bid next week to impose a $10- a-barrel tax on crude oil that would fund the overhaul of the nation's aging transportation infrastructure, the White House said on Thursday. "By placing a fee on oil, the President's plan creates a clear incentive for private sector innovation to reduce our reliance on oil and at the...

  • The $10- per-barrel fee is expected face solid opposition from Republicans who control Congress and oppose new taxes and Obama's energy policies. The White House said the $10 fee would be phased in over five years. The White House said the tax would provide for the long-term solvency of the Highway Trust Fund to ensure the nation maintains its infrastructure.

  • COLUMBUS, Ohio— The Columbus airport is joining its counterparts nationwide in training employees to recognize signs of human trafficking in an effort to curb exploitation. Beginning this month, all 400 employees at Port Columbus International Airport will view a 30- minute video on spotting signs of trafficking. The awareness campaign in Columbus joins...

  • Spring travel just one-way for many Chinese Wednesday, 3 Feb 2016 | 12:37 AM ET

    A giant annual human migration is underway in China right now, and it's a bonanza for some but a painful process for others.

  • MEXICO CITY, Feb 2- Mexican airport operator OMA said on Tuesday it had sold more than 33 million shares that had been pledged as collateral under a credit agreement between a subsidiary of embattled construction firm ICA and Germany's Deutsche Bank. OMA said in a statement that the sale of 33,162,600 Series B shares, more than 8 percent of the company's shares,...

  • MEXICO CITY, Feb 2- Mexican airport operator OMA said on Tuesday it had sold more than 33 million shares that had been pledged as collateral under a credit agreement between a subsidiary of embattled construction firm ICA and Germany's Deutsche Bank. OMA said in a statement that the sale of 33,162,600 Series B shares, more than 8 percent of the company's shares,...

  • LOS ANGELES— City officials are acknowledging for the second time in recent months that the Port of Los Angeles failed to meet requirements to reduce pollution at a shipping terminal. An audit by the city-owned port found that the TraPac terminal near Wilmington did not comply with measures to improve air quality that were adopted years ago, the Los Angeles...

  • CHICAGO, Feb 1- Outer Harbor Terminal LLC filed for Chapter 11 bankruptcy protection on Monday, two weeks after terminating its lease held in a joint venture with Ports America. Last month, Ports America, one of the largest marine cargo operators in the country, said it was shifting its business from the Oakland port to other cities along the West Coast, including...

  • The addition of 12 new passenger destinations from Dubai International lifted traffic through the airport as local carriers Emirates and flydubai expanded. Last year saw regional tensions and conflicts in countries including Yemen, Iraq and Syria, but Dubai Airports Chief Executive Paul Griffiths said in a telephone interview: "We haven't seen any impact...

  • New rail link to Maine waterfront could revive port Sunday, 31 Jan 2016 | 1:30 PM ET

    PORTLAND, Maine— Freight trains are rolling through New England carrying the first-ever shipping containers loaded on the Portland waterfront. Stuck at the end of the nation's supply line, Maine has struggled with higher transportation bills, which make manufacturing less competitive and increase costs for consumers. The LePage administration has been...

  • NEW YORK, Jan 29- Operations at New York and New Jersey's cargo terminals were being restored on Friday night after more than a thousand longshoremen walked off the job earlier in the day, shuttering one of the United State's busiest port networks, officials said. The work stoppage came as a surprise because "there were no major issues that we knew of to precipitate...

  • HOUSTON, Jan 28- Global Partners LP has laid off 8 percent of its work force and aims to handle only ethanol, not crude, at its rail terminal in Oregon in response to the nearly 70 percent plunge in oil prices since mid-2014, the company said on Thursday. Global Partners' stock price fell more than 21 percent to close at $15.38 Thursday on the New York Mercantile...

  • Jan 28- OTG Experience Inc will launch a road show on Friday for an initial public offering that could value the airport restaurant concessionaire at as much as $1.77 billion and set it on track to be one of this year's first U.S. The offering will both pay down debt and help support the company's growth, as it moves forward with two recently signed contracts,...

  • UPDATE 1-Airport restaurant operator OTG to raise as much as $585 mln in IPO.

  • Jan 28- OTG Experience Inc, which operates restaurants at major U.S. airports, said on Thursday it planned to raise as much as $585 million in an initial public offering of Class A stock.

  • Charlie Baker on Wednesday filed what he called a fiscally responsible $39.6 billion state budget that calls for no increases in state taxes or fees and shrinks a structural deficit between the growth in annual spending and revenues. To erase the remaining gap, Baker is proposing several steps including reforms intended to save nearly $300 million in...