Infrastructure Transportation Infrastructure


  • Members of the U.S. Army monitor the departures area at John F. Kennedy international Airport in New York, June 29, 2016.

    Officials are stepping up security at American airports, NBC News reported.

  • ATHENS, June 29- COSCO Greece objected on Wednesday to terms submitted to parliament for the sale of Piraeus Port to China COSCO Shipping, saying they were inconsistent with those previously agreed with the Greek privatisation agency. Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation in April, a major step for the bailed-out...

  • FRANKFURT, June 29- The sale of loss-making Hahn airport in the west of Germany to a Chinese investor has been delayed as the buyer has not yet transferred the money to pay for it, its owners said on Wednesday. The federal state owners of Hahn, a former military base now used mainly by Ryanair, earlier this month announced plans to sell an 82.5 percent stake to Shanghai...

  • A motorist at a Raceway Petroleum station pumps gas in Woodbridge, New Jersey.

    The legislation would set up a $2 billion-per-year transportation trust fund over the next eight years to cover road and bridge work.

  • MEXICO CITY, June 27- Carlos Slim's construction arm has teamed up with three local builders to bid for two runways for Mexico City's new airport worth a combined $1.56 billion, sources say, seeking to snap up major infrastructure projects that survived government cuts. Carso Infraestructura y Construccion, which is part of Slim's Grupo Carso, has agreed to form...

  • RABAT, June 27- The Moroccan government raised 1.94 billion dirhams by selling a 40 percent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year, traders said on Monday. However, the Casablanca stock exchange's main index, MASI, fell around 1.2 on Monday due to weaker international markets, traders said.

  • Violeta Bulc, European Commissioner for Mobility and Transport.

    The Brexit won't stop the EU pushing on with transport and infrastructure projects, said the European Commission's transport chief.

  • EU Transport

    European Commissioner for Mobility and Transport Violeta Bulc says the EU is very much involved in China's Silk Road infrastructure project.

  • A recruiter with Lyft speaks with a job seeker during a National Career Fairs job fair in Chicago.

    Uber and Lyft are threatening to take the next exit out of the Windy City the same way that they abruptly left Austin, Texas.

  • MARSEILLE, France, June 18- France's hardline CGT union ended on Friday a strike that had paralysed traffic for 26 days at the Fos Lavera oil terminals on the Mediterranean, the country's biggest oil hub, a management official at port operator Fluxel said. "Unloading resumed at the port at 9 p.m. on Friday," the official told Reuters. More than 50 oil tankers and other...

  • Pt 2 MTR Corp Outlook

    Different modes of transportation can be complementary and not necessarily competitors, notes MTR's Lincoln Leong.

  • Pt 1 MTR Corp Outlook

    MTR Corp CEO Lincoln Leong explains the importance of having a fair fare structure in order to upgrade and maintain Hong Kong's rail network.

  • SAN FRANCISCO, June 13- The California Public Employees' Retirement System recently bought a stake in a private Indiana toll road with a troubled history, one sign of how popular infrastructure investments have become among U.S. pension funds. Infrastructure- such as roads, bridges, rail, airports, water storage, utilities, and pipelines- has long been favored by...

  • SAN FRANCISCO, June 13- The California Public Employees' Retirement System recently bought a stake in a private Indiana toll road with a troubled history, one sign of how popular infrastructure investments have become among U.S. pension funds. The Indiana Toll Road had been acquired out of bankruptcy in 2015 for about 50 percent more than its original 2006 price...

  • BUENOS AIRES, June 9- Airport workers in Argentina will begin a 48- hour strike on Friday amid a salary dispute with the government, in a move that may halt air traffic in the South American country. Along with other public employees, the airport workers are part of difficult pay discussions with the pro-business government of President Mauricio Macri, who has...

  • Cashing in on the canal

    CNBC's Mary Thompson reports from Panama on the new lane opening on the Panama Canal for even larger container ships to pass through.



  • NEW YORK, June 9- Airlines' efforts to help the U.S. government manage long airport security lines are not sustainable, the chief executive of American Airlines Group Inc said in an interview. American, Delta Air Lines Inc and United Continental Holdings Inc have each added $4 million to what they typically spend on workers who stock bins at checkpoints and take...

  • SAO JOAO DA BARRA, Brazil, June 8- The launch this week of Prumo Logistica's $3.7 billion Port of Açu, the largest in Latin America, marked the revival of a Brazilian logistics hub many thought doomed when the empire of its former billionaire owner collapsed. The Manhattan- sized industrial complex northeast of Rio de Janeiro, which officially opened on Tuesday,...