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  • 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...

  • 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...

  • 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,...

  • 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 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.

  • Mechanics check a high-speed train at Xi'an Electric Multiple Unit Maintenance Base

    China's flurry of trade and intrastructure pacts, plus $9B in private-sector deals within a few weeks, looks far from unhealthy.

  • Airline jets come and go at Hartsfield-Jackson Atlanta International Airport in Atlanta.

    Hartsfield-Jackson Atlanta International Airport said it hit a major milestone Sunday.

  • Woman in Trucking

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

  • A Southwest Airlines jet takes off at Midway Airport in Chicago, Illinois.

    Two people suffered minor injuries Tuesday when a Southwest Airlines jet carrying 138 passengers and crew rolled off a runway at Nashville Airport, NBC News reports.

  • Tesla Model X

    Jia Yueting is betting Las Vegas will give him the winning hand in the electric car market. In fact, he's gambling $1 billion on it.

  • Neptune Orient Lines logo.

    French shipping company CMA CGM SA has offered to buy Temasek Holding's shares in Neptune Orient Lines for S$2.26 billion ($1.61 billion).

  • Traffic Jam near ITO during the Chhath festival, on November 17, 2015 in New Delhi, India.

    Efforts to curb pollution in India's sprawling capital have sent some residents scurrying to an unlikely source: their math books.

  • 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.