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CNBC Franchise Archive Transportation: Leisure

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  • Knight Transportation beats 2Q profit forecasts Wednesday, 22 Jul 2015 | 9:09 AM ET

    PHOENIX _ Knight Transportation Inc. on Wednesday reported second-quarter profit of $27.6 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Knight Transportation shares have declined 17 percent since the beginning of the year.

  • Trains resume service into New York after power problems Wednesday, 22 Jul 2015 | 6:15 AM ET

    NEWARK, N.J.— For the third day in a row, Amtrak power problems on Wednesday delayed thousands of commuters from getting to and from New York City. A power outage around 5:45 a.m. Wednesday affected both tubes of the 105- year-old Hudson River Tunnel, some station tracks and portions of Sunnyside Yard in Queens, Amtrak spokesman Craig Schulz said in an email.

  • *Deal more than doubles FedEx fleet of 767 Fs. SINGAPORE, July 22- FedEx Corp, the world's largest cargo firm, has signed a deal to buy 50 additional Boeing Co 767-300 freighters in the biggest order ever for the plane, allowing the aircraft maker to extend its production line well into the next decade. FedEx said the aircraft will be delivered by Boeing for its FedEx...

  • WASHINGTON, July 21- U.S. lawmakers on Tuesday unveiled an ambitious bipartisan Senate bill containing three years of funding for America's highways, bridges and rail systems but quickly ran into a roadblock that could force Congress to settle for shorter term fix. It is expected to dominate Senate deliberations into next week as Republicans and Democrats...

  • Key senators reach agreement on 6-year highway bill Tuesday, 21 Jul 2015 | 6:05 PM ET
    Senate Majority Leader Mitch McConnell talks to reporters in Washington.

    Senate negotiators say they've reached an agreement on a six-year highway and transit bill subject to approval by rank-and-file lawmakers.

  • WASHINGTON, July 21- U.S. lawmakers announced a bipartisan Senate transportation bill on Tuesday that they said would provide three years of funding for America's highways, bridges and rail systems. The legislation, the first multi-year highway bill in a decade, is expected to dominate Senate deliberations over the next several days as lawmakers work against...

  • Senate Majority Leader Mitch McConnell, R- Ky., said he would give Democrats more time, but added he intends to push forward with the bill even if it means keeping the Senate in session over the weekend. Charles Schumer of New York, the No. 3 Democratic leader, said, "I can't remember a time where I have been asked in all my years in the Congress to vote yes ahead of time on a...

  • NEW YORK, July 21- U.S. drivers took advantage of low gasoline prices because of a drop in oil prices, traveling a record number of miles in the first five months of the year, according to government data. Travel on streets and roads rose in May by 2.7 percent from a year ago to 275.1 billion vehicle miles, according to the Federal Highway Administration.

  • Officials with Local 32 BJ of the Service Employees International Union said picketing would begin at Kennedy Airport at 10 p.m. Wednesday and at LaGuardia at 6 a.m. Thursday. Craig Coy, the CEO of its parent company, Herndon, Virginia- based Command Security Corp., said there would be a contingency plan in place but he did not expect most employees to participate in...

  • NEW YORK, July 21- U.S. travel on streets and roads rose in May by 2.7 percent from a year ago to 275.1 billion vehicle miles, according to the Department of Transportation. The seasonally-adjusted vehicle miles traveled for May 2015 rose 3.4 percent to 262.1 billion miles. It represents a 0.2 percent rise from April.

  • PARIS— Striking French ferry workers are blocking access to the loading terminal for the Eurotunnel that links France and England, delaying cargo and passengers hoping to cross the English Channel. The workers have repeatedly protested expected job cuts in the French port city of Calais linked to Eurotunnel's sale of its ferry service.

  • FRANKFURT, July 21- Dutch mapmaker TomTom has deepened its partnership in high-definition mapping with German auto supplier Robert Bosch to refine the technology crucial for autonomous driving. "By the end of 2015 we want to have new high-precision maps for automated driving for all freeways and freeway-like roads in Germany," said Jan Maarten de Vries,...

  • Columbus Municipal Airport will be closed close from Aug. 2 until Aug. 10. The 9 inches of asphalt where the runways intersect is deteriorating, so it will be replaced by 10 inches of concrete that is expected to last 30 to 40 years, airport Director Brian Payne told The Republic. Columbus- based engine maker Cummins Inc. will to have its corporate planes use...

  • Werner tops 2Q profit forecasts Monday, 20 Jul 2015 | 4:09 PM ET

    OMAHA, Neb. _ Werner Enterprises Inc. on Monday reported second-quarter profit of $31.8 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Seven analysts surveyed by Zacks expected $540.6 million.

  • DETROIT— Like most Americans, the drivers of Detroit are required to carry auto insurance whenever they get behind the wheel, but many law-abiding residents can't afford the Motor City's highest-in-the-nation auto premiums, which top $5,000 a year in some neighborhoods. So fully half of Detroit drivers do what's known locally as "driving dirty"— taking to the...

  • Airport terminal and airplane

    An infamous chapter in Spain's economic crisis may be ending with a buyer offering just 10,000 euros for a billion-euro ghost airport. The Financial Times reports.

  • JAKARTA, July 19- Investors hoping for President Joko Widodo to speed work on Indonesia's infrastructure projects have been disappointed, with a plan for a $2- billion airport railway line in the capital spotlighting the delays and bureaucratic infighting involved. "Somebody has to coordinate the orchestra of stakeholders," said Emma Sri Martini, head of...

  • Rating the 'world's best' travel related hubs Saturday, 18 Jul 2015 | 1:00 PM ET
    Vintage globe

    Travel + Leisure magazine has ranked the year's best for just about everything related to travel. See who tops the list.

  • LONDON/ BRUSSELS, July 17- A year after the downing of MH17, Europe's intelligence agencies remain reluctant to share information that might help airlines detect threats from ground-based conflicts in future, the region's aviation safety chief said on Friday. Malaysia Airlines flight 17, flying from Amsterdam to Kuala Lumpur, was shot down over eastern...

  • Uber takes on the mayor of New York Friday, 17 Jul 2015 | 1:45 PM ET
    Uber takes on the mayor of New York

    Two of America's biggest cities both have big Uber news today. CNBC's Kate Rogers reports the details.