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Infrastructure Transportation Infrastructure

  • SACRAMENTO, Calif., May 11- California Governor Jerry Brown on Thursday revised his proposed budget for the upcoming fiscal year, raising total spending by 2.2 percent and increasing funding for schools and transportation, even as he warned that the state's economy likely cannot sustain the growth of recent years. Still, Brown said the budget was considerably...

  • TIANJIN, China/ BEIJING, May 11- On a recent visit to the area around Tianjin Port Co Ltd, there were more than one hundred empty trucks parked at the coal storage centre run by Ningdong Logistic Co.. It is a sign that Beijing's years-long war on pollution is disrupting the logistics of the market for coal- one of China's crucial commodities- as well as the lives of what...

  • SAO PAULO, May 10- Argentina's Corporación América SA will take bids for minority stakes in both its Brazilian airports by the end of May as it seeks funds to expand in the country, newspaper Valor Econômico said on Wednesday. According to the report in Valor, the company has hired Itaú Unibanco Holding SA's investment banking unit to explore a sale of up to 49...

  • In March, the U.S. announced laptop restrictions on flights originating from 10 airports including in the UAE, Saudi Arabia, Qatar and Turkey because of fears that a concealed bomb could be installed in electronic devices taken onto aircraft. One European official acknowledged that the expanded ban could affect flights to the United States from Britain.

  • In March, the U.S. announced laptop restrictions on flights originating from 10 airports including in the UAE, Saudi Arabia, Qatar and Turkey because of fears that a concealed bomb could be installed in electronic devices taken onto aircraft. One European official acknowledged that the expanded ban could affect flights to the United States from Britain.

  • May 9- Spirit Airlines Inc passengers brawled in a Florida airport late on Monday after the budget carrier, which is in dispute with its pilots, canceled several flights. The cancellations, which sparked chaos that ended with three arrests at Fort LauderdaleHollywood International Airport, were the latest of about 300 the airline has made in the past week alone.

  • May 9- Spirit Airlines Inc passengers brawled in a Florida airport late on Monday after the carrier, which is in dispute with its pilots, canceled several flights leading to chaos and three arrests. The flight cancellations at Fort LauderdaleHollywood International Airport were just the latest of hundreds the airline has made in recent weeks.

  • Spirit Airlines

    Security wrestled with unruly passengers as punches flew, leading to at least three arrests. NBCNews reports.

  • May 9- A busy Florida airport descended into chaos after Spirit Airlines Inc canceled nearly a dozen flights due to a labor dispute with pilots, stranding hundreds of passengers and leading to multiple skirmishes. Cellphone video footage of the scene inside the Fort LauderdaleHollywood International Airport late on Monday showed people falling onto the...

  • MONTREAL/ WINNIPEG, May 9- Canadian Pacific Railway Ltd CEO Keith Creel is an operations specialist like his predecessor, but the new leader is taking a vastly different approach to steering the company known for its red locomotives emblazoned with "CP." After nearly five years of cost-cutting to boost efficiency under former CEO Hunter Harrison, Creel is...

  • Chairman Liu Hualong told CNBC that CRRC doubled the number of contracts and have 10 times more assets abroad today.

  • Trucking a great way to play infrastructure:  Mario Gabelli

    Mario Gabelli, GAMCO Investors chairman & CEO, talks about his plays on infrastructure through the trucking sector and Waste Management.

  • At the Milken Institute Conference, Transportation Secretary Elaine Chao and Richard LeFrak, The LeFrak Organization, discuss the Trump administration's infrastructure agenda including where the funding may come from.

  • A customer prepares to fuel her vehicle at a Road Ranger gas station in Princeton, Ill.

    At the Milken Institute Conference, Transportation Secretary Elaine Chao and Richard LeFrak, The LeFrak Organization, discuss the Trump administration's infrastructure agenda including the possibility of raising the gas tax to help pay for rebuilding.

  • Rebuilding America with Transportation Sec. Chao and Richard LeFrak

    At the Milken Institute Conference, Transportation Secretary Elaine Chao and Richard LeFrak, The LeFrak Organization, discuss the Trump administration's infrastructure agenda.

  • LOS ANGELES, April 28- California Governor Jerry Brown signed into law on Friday a bill to raise gasoline taxes and other transportation-related fees for the first time in decades in an ambitious $52 billion plan to repair the state's long-neglected roads and bridges. The measure, increasing excise taxes on gasoline by 12 cents per gallon, from the current rate...

  • The Boring Company rendering of what a massive underground tunnel network would look like.

    This is how Elon Musk wants to transform the underground.

  • Under One Belt One Road policy, Chinese Government hope to create new industry and employment opportunities for the Xinjiang Uygur Autonomous Region, which borders several Central Asia countries.

    China's ambitious One Belt, One Road project will not guarantee the country access to all markets along the route, a steel industry executive said.

  • April 27- Shares of port-operator Westshore Terminals Investment Corp recovered some lost ground on Thursday after dropping sharply a day earlier on news British Columbia had urged the government to ban U.S. coal exports from provincial ports in a trade spat. In a letter to Prime Minister Justin Trudeau on Wednesday, British Columbia Premier Christy Clark...

  • April 27- Shares of port-operator Westshore Terminals Investment Corp recovered some lost ground on Thursday after dropping sharply a day earlier on news British Columbia had urged the government to ban U.S. coal exports from provincial ports in a trade spat. In a letter to Prime Minister Justin Trudeau, British Columbia Premier Christy Clark had asked the...