Archive Transportation: Leisure

  • SEOUL, South Korea— Hanjin Shipping is to receive as much as $100 million in additional funds to resolve the cargo crisis caused by its slide toward bankruptcy. Korean Air and Hanjin Shipping are part of Hanjin Group, one of the largest business conglomerates in South Korea. The state-owned bank said its credit line will be used only when other available funds...

  • DUBAI, United Arab Emirates— Aviation giants Airbus and Boeing Co. have received permission from the U.S. government to sell aircraft to Iran, part of landmark deals potentially worth some $50 billion in total following last year's nuclear accord. The next administration, however, may change that equation for Airbus and Boeing, whose possible deal with Iran...

  • BUENOS AIRES, Sept 21- Argentina will invest 22.2 billion pesos over the next three years to modernize the country's airports to increase passenger capacity and boost air cargo shipments, the country's transportation minister said on Wednesday. Argentina's rail capacity lags far behind rival agricultural powerhouses like Brazil and the United States,...

  • ATHENS, Sept 21- Greece on Wednesday ratified a 7 billion-euro plan to turn a derelict former airport into one of Europe's biggest coastal resorts, as agreed with international lenders as a condition of fresh bailout aid. One abandoned plan was to create a financial district similar to London's Canary Wharf. Backed by Chinese conglomerate Fosun, an Abu Dhabi-...

  • BILLINGS, Mont.— The Latest on a legal settlement from damages caused by a 2011 Exxon Mobil Corp. pipeline spill into Montana's Yellowstone River:. Exxon Mobil has agreed to pay $12 million to settle damage claims over an oil pipeline break in the Yellowstone River, but it faces further potential fines for pollution violations. Exxon Mobil Corp. has agreed to pay...

  • DUBAI, United Arab Emirates— Airbus on Wednesday became the first airplane manufacturer to receive U.S. government permission to sell aircraft to Iran following last year's nuclear accord, getting final approval for a 17- plane sale that's part of a larger $25- billion deal. The next administration, however, may change that equation for Airbus and Chicago-...

  • SIMFEROPOL, Crimea/ MOSCOW, Sept 21- Products for sale in the Crimean stores of two European retailers are being shipped there from Russia via a ferry and port that are subject to EU sanctions, people involved in the transportation said, suggesting companies are finding ways around the punitive economic regime facing Moscow since 2014.. Products carrying the...

  • BILLINGS, Mont.— Exxon Mobil Corp. has agreed to pay $12 million for environmental damages caused by a pipeline break that spilled 63,000 gallons of oil into Montana's Yellowstone River and prompted a national debate over lax pipeline safety rules, officials said Wednesday. The payment is meant to settle claims from the U.S. and state governments that the crude...

  • Sept 20- Failed South Korean cargo line Hanjin Shipping Co Ltd found the money to unload a full container ship waiting outside a New York- area port. The National Retail Federation on Tuesday urged U.S. But the Miami has not been allowed in port because of a dispute about empty Hanjin shipping containers, which the Miami normally would load up as ballast to exit port.

  • Sept 20- One of the two investors in Puerto Rico's largest airport is exploring selling a 50 percent stake in a joint venture that runs it under a lease agreement with the Caribbean island's government, people familiar with the matter said on Tuesday. The move comes as passenger traffic at the airport has proved resilient in the face of Puerto Rico's $70 billion...

  • WASHINGTON, Sept 20- The Obama administration proposed on Tuesday deeper government involvement in the design of autonomous vehicle systems and called on manufacturers to share more information about how such systems work and why they fail. The wide-ranging proposal unveiled on Tuesday by the National Highway Traffic Safety Administration called on...

  • Sept 20- Failed South Korean cargo line Hanjin Shipping Co Ltd has found the money to unload a full container ship waiting outside a New York- area port. The National Retail Federation on Tuesday urged U.S. But the Miami is not being allowed in port because of a dispute about empty Hanjin shipping containers, which the Miami normally would load up as ballast to exit...

  • WASHINGTON, Sept 20- The Obama administration is proposing deeper government involvement in the design of autonomous vehicle systems and calling on manufacturers to share more information about how such systems work and why they fail. A proposal put forward on Tuesday by the National Highway Traffic Safety Administration calls on automakers to...

  • WASHINGTON, Sept 20- The Obama administration is proposing deeper government involvement in the design of autonomous vehicle systems and calling on manufacturers to share more information about how such systems work and why they fail. A proposal put forward on Tuesday by the National Highway Traffic Safety Administration calls on automakers to...

  • But China's "One Belt One Road" project, along with another initiative to create an "economic corridor" connecting it to Mongolia and Russia, has provided opportunities for Mongolia to kickstart new projects, including the expansion of the Trans-Mongolian railway and construction of a new route going east, said Yondon Manlaibayar, an adviser to Mongolia's...

  • WASHINGTON— Obama administration officials are previewing long-awaited guidance that attempts to bring self-driving cars to the nation's roadways safely— without creating so many roadblocks that the technology can't make it to market quickly. Traditional automakers and tech companies have been testing self-driving prototypes on public roads for...

  • ATLANTA— Gasoline should begin flowing again Wednesday— through a temporary bypass on a critical pipeline— after a major leak in Alabama forced a shutdown that led to surging fuel prices and scattered gas shortages across the South, a company official said Tuesday. The roughly 500- foot section of pipe serving as the bypass is now complete, but supply...

  • WASHINGTON, Sept 19- The Obama administration said Monday it was considering seeking the power to review and approve technology for self-driving cars before they hit the road and said U.S. states should not set separate rules. The U.S. Transportation Department, in its most comprehensive statement yet on autonomous vehicles, also issued voluntary guidelines...

  • WASHINGTON, Sept 19- The Obama administration said Monday it was considering seeking the power to review and approve technology for self-driving cars before they hit the road and said U.S. states should not set separate rules. The U.S. Transportation Department, in its most comprehensive statement yet on autonomous vehicles, also issued voluntary guidelines...

  • WASHINGTON, Sept 19- The Obama administration said Monday it was considering seeking the power to review and approve technology for self-driving cars before they hit the road and said U.S. states should not set individual rules regulating fully self-driving vehicles. The U.S. Transportation Department, in its most comprehensive statement yet on autonomous...