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CNBC Franchise Archive Transportation: Leisure

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  • Drivers weigh in on Uber boom in NYC Monday, 3 Aug 2015 | 1:44 AM ET

    While New York City riders have increasingly more choices in how to get from here to there with the rise of e-hailing apps— and lawmakers grapple with how to regulate the booming industry— the drivers who keep cars moving are stuck in the middle. "In three years, there will be no taxis on New York City streets," Uber driver Michael Keflom predicted as he prowled the...

  • PHILADELPHIA— The manufacturer of the jet that crashed on takeoff in Massachusetts last year, killing the co-owner of The Philadelphia Inquirer and six other people, has reported a problem with a fail-safe system that can allow the planes to reach high speeds on the runway even if they are prevented from taking off. Gulfstream Aerospace Corp. said in a document...

  • Gas tax increases by 7 cents in Washington state Saturday, 1 Aug 2015 | 1:28 PM ET

    OLYMPIA, Wash— The price of gas may be going down nationally, but Washington drivers— already paying above the national average— may see even higher prices at the pump following Saturday's 7- cent- per-gallon increase in the state's gas tax. With state gas taxes now up to 44.5 cents a gallon, adding in the current federal gas tax of 18.4 cents, the total per gallon gas...

  • SAFE Energy Security Prize winner: Momentum Dynamics Friday, 31 Jul 2015 | 2:41 PM ET
    SAFE Energy Security Prize winner: Momentum Dynamics

    'SAFE' Energy Security Prize winner is Momentum Dynamics, which offers a high-power wireless charging system for electric vehicles.

  • Making freight trucking safer Friday, 31 Jul 2015 | 1:57 PM ET
    Making freight trucking safer

    'SAFE' Energy Security Prize finalist Steve Boyd | Peloton Technology, describes his cloud based trucking technology.

  • WASHINGTON, July 31- The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday. Mark Rosekind, who heads the National Transportation Safety Administration, said his watchdog agency is trying to...

  • Congress passes 3-month highway, transit aid patch Thursday, 30 Jul 2015 | 2:14 PM ET

    WASHINGTON— Congress sent President Barack Obama a three-month bill to keep highway and transit money flowing to states on Thursday, one day before the deadline for a cutoff of funds. Earlier in the day, the Senate passed a sweeping, long-term transportation bill, setting up discussions with the House this fall on what the future course of transportation policy...

  • UPDATE 1-Bombardier profit dips, delays new jet Thursday, 30 Jul 2015 | 6:47 AM ET

    July 30- Canadian plane and train maker Bombardier Inc posted a 19.4 percent drop in quarterly profit, hurt by weaker sales at its transportation and commercial aircraft unit. The company's net income fell to $125 million, or 6 cents per share, in the quarter ended June 30, from $155 million, or 8 cents per share, a year earlier. Bombardier's shares closed at C $1.95 on...

  • US official: Debris in Indian Ocean belongs to Boeing 777 Wednesday, 29 Jul 2015 | 5:44 PM ET

    WASHINGTON— Air safety investigators have a "high degree of confidence" that aircraft debris found in the Indian Ocean is of a wing component unique to the Boeing 777, the same model as the Malaysia Airlines plane that disappeared last year, a U.S. official said Wednesday. A French official close to an investigation of the debris confirmed Wednesday that French...

  • Drones at your service Wednesday, 29 Jul 2015 | 7:54 AM ET
    Drones at your service

    Robert Wolf, 32 Advisors CEO, discusses the soaring use of commercial drones.

  • Average US vehicle age hits record 11.5 years Wednesday, 29 Jul 2015 | 7:00 AM ET

    DETROIT— In the age of Apple's CarPlay, a lot of cars on the road still have tape decks. The average vehicle in the U.S. is now a record 11.5 years old, according to consulting firm IHS Automotive, a sign of the increased reliability of today's vehicles and the lingering impact of the sharp drop in new car sales during the recession. Cars and trucks now have the same...

  • Dubai airport traffic rises 16.7 pct y/y in June Wednesday, 29 Jul 2015 | 4:39 AM ET

    DUBAI, July 29- Dubai International Airport recorded a 16.7 percent year-on-year jump in passenger traffic in June, reflecting runway maintenance during the summer of 2014, the operator of the world's busiest airport by international traffic said on Wednesday. Growth was powered by traditional markets in the Indian subcontinent and Gulf countries, as well...

  • House votes to provide money for highways, transit Wednesday, 29 Jul 2015 | 3:05 AM ET

    In one of their last decisions before adjourning for a month, the House backed a bill that would extend spending authority for transportation programs through Oct. 29, and replenish the federal Highway Trust Fund with $8 billion. The Senate plans to take up the House bill before a midnight Friday deadline, when authority for the Transportation Department to...

  • What's in the 6-year Senate transportation bill Tuesday, 28 Jul 2015 | 3:55 PM ET

    WASHINGTON— The Senate is moving toward the likely passage this week of a sweeping, six-year transportation bill, but the House is putting off consideration of the measure until this fall. Industry officials said the $350 billion Senate bill isn't ideal— not as much money as they would like and only three of the six years paid for— but they are desperate for at least...

  • GRAPEVINE, Texas— A man blamed for a security breach at Dallas-Fort Worth International Airport allegedly slipped onto a jet to try to stop his girlfriend from leaving. A DFW airport police report released Tuesday says Damarias Cockerham of Garland faces a criminal trespass charge. Police say Cockerham ran onto American Airlines Flight 1013, boarding for...

  • NEW YORK— Many of the curb cuts designed to help disabled people access Manhattan sidewalks are disintegrating, obstructed or nonexistent, according to a report. "But for the roughly 600,000 New Yorkers who rely on wheelchairs or walkers or have vision impairments, the dilapidated conditions of Manhattan's curb cuts... are a serious concern."

  • DETROIT— The National Wildlife Federation accused the U.S. Transportation Department on Tuesday of not enforcing a federal law that requires pipeline owners and operators to establish safety response plans for worst-case oil spills in lakes, rivers and other waterways. While the pipelines that spurred the group's action are two side-by-side conduits...

  • New York Gov. Cuomo announces new LaGuardia Airport Tuesday, 28 Jul 2015 | 10:29 AM ET

    NEW YORK— A year after comparing New York's LaGuardia Airport to "some Third World Country," Vice President Joe Biden helped unveil an ambitious plan Monday to rebuild its collection of aging terminals into a modern, unified hub while easing congestion by doubling the space available for planes to operate. "I wish everything I said that was truthful but...

  • Swift Transportation meets 2Q profit forecasts Monday, 27 Jul 2015 | 4:07 PM ET

    PHOENIX _ Swift Transportation Co. on Monday reported second-quarter profit of $51 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share. Swift Transportation shares have declined 25 percent since the beginning of the year.

  • NEWARK, N.J.— Don't count Chris Christie out. Cory Booker, who said he believes New Jersey's Republican governor is the "most underestimated" presidential candidate in the crowded 2016 GOP field. "I think he's one of the more talented political people that are out there today," said Booker, speaking at a lunch event held by the news organization Politico in Newark.