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Infrastructure Transportation Infrastructure

  • A commuter waits for a train at a train station in Mumbai.

    Colonial-era train tracks in India will finally undergo a much-needed makeover.

  • WASHINGTON, March 16- President Donald Trump's proposal to privatize U.S. air traffic control won the backing of major U.S. airlines, but drew criticism from other groups concerned smaller airlines and private companies would lose airport access. National Business Aviation Association CEO Ed Bolen said the group strongly opposes the proposal, arguing...

  • SAO PAULO, March 16- Brazil awarded three European groups on Thursday the rights to operate four airports, drawing nearly double the minimum bids at an auction that underscored investors' appetite for a new wave of privatizations under President Michel Temer. German airport operator Fraport AG, French group Vinci SA and Zurich Airport bid a combined 1.46...

  • Budget transportation winners & losers

    CNBC's Morgan Brennan reports on which transportation stocks will be most affected by the Trump administration's budget blueprint.

  • NVIDIA President and CEO Jen-Hsun Huang

    Nvidia say it was working with truckmaker Paccar to develop autonomous vehicles.

  • OBOR represents huge potential for France's Alstom

    Jean-Francois Beaudoin, SVP at Alstom, says the "One Belt, One Road" project has plenty of potential, but regulation issues lie ahead.

  • SANTOS, March 14- A new terminal near completion in Latin America's largest port in Santos, Brazil, is expected to add an extra 20 percent to its grains and sugar capacity, boosting shipping services just as the country produces bumper crops. The timing could hardly be better as Brazil faces its largest ever crop of soybeans, sugar and corn amid problems with a key...

  • SAO PAULO, March 14- Construction conglomerate Odebrecht SA is close to announcing the sale of its stake in Rio de Janeiro's international airport to Canada's PSP Investments Inc, a source with direct knowledge of the matter said on Tuesday. The sale of Odebrecht's 60 percent stake in Rio de Janeiro's airport operator RioGaleão is expected to bring a solution...

  • TORONTO, March 14- Canada's biggest airport canceled more than a hundred flights on Tuesday as a late winter storm brought more snow to southern Ontario, forcing several colleges to suspend classes. Sheridan College, Brock University, Mohawk College and McMaster University all in Ontario province were closed, according to a local media report.

  • BERLIN, March 14- Around 2,000 ground staff whose series of strikes at Berlin's airports have paralysed air travel to and from the German capital will not stage further walkouts this week, while their employers have proposed mediation to end the action. On Tuesday the employers proposed mediation in a bid to end the walkouts, which have led to more than 1,800...

  • *Airlines bus passengers to airports in Dresden, Hanover. BERLIN, March 13- Berlin's airports will remain paralysed on Tuesday after ground staff extended a strike, stepping up pressure in a dispute over pay that has already caused the cancellation of more than 1,000 flights since Friday. Ground staff at Berlin's two airports started their latest walkout on...

  • *Airlines bus passengers to airports in Dresden, Hanover. BERLIN, March 13- Berlin's airports look set to remain paralysed on Tuesday after ground staff extended a strike, stepping up pressure in a dispute over pay that has already caused the cancellation of more than 1,000 flights since Friday. Ground staff at Berlin's two airports started their latest walkout...

  • BERLIN, March 12- Ground staff at Berlin's two airports will begin a 25- hour strike on Monday, their trade union said on Sunday, stepping up action in a pay dispute that has already caused the cancellation of around 1,000 flights. Workers at Berlin's Tegel and Schoenefeld airports will walk out at 4 a.m. local time on Monday and end the strike on Tuesday at about 5 a.m....

  • BERLIN, March 12- Ground staff at Berlin's two airports will begin a 25- hour strike on Monday, their trade union said on Sunday, stepping up action in a pay dispute that has already caused the cancellation of around 1,000 flights. Workers at Berlin's Tegel and Schoenefeld airports will walk out at 4 am local time on Monday and end the strike on Tuesday at about 5 am...

  • SAO PAULO, March 10- Brazil is confident of strong investor turnout at an auction next week for the rights to run four airports, two government sources said on Friday, with at least nine operators showing appetite for one of the first in a wave of privatizations. Spanish operators Aena SA, Obrascon Huarte Lain SA and Ferrovial SA, Germany's Fraport AG and...

  • LeFrak's 'clean sheet' approach to rebuilding America

    Richard LeFrak, The LeFrak Organization, talks about using a streamlined system to infrastructure projects.

  • Tesla's CEO Elon Musk

    Richard LeFrak, The LeFrak Organization, talks about Elon Musk's plans to build a mile of tunnel in California for his transportation project using his own money. And LeFrak shares his thoughts on public-private partnerships.

  • Trump wants projects he can implement immediately: Richard LeFrak

    Richard LeFrak, The LeFrak Organization, talks about President Trump's focus on shovel-ready infrastructure projects.

  • Infrastructure approval process insane:  Richard LeFrak

    Richard LeFrak, The LeFrak Organization, says EPA rules will be respected but the system of going about getting approval for infrastructure improvement is "insane."

  • US 'behind the curve' on infrastructure upgrading: Richard LeFrak

    Richard LeFrak, The LeFrak Organization, says if there ever was a president prepared to fix U.S. infrastructure problems, it's President Trump. He has concrete in his blood, says LeFrak.