Archive Transportation: Leisure

  • SEOUL/ SYDNEY, Sept 13- The chairman of Hanjin Group transferred 40 billion won to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take "considerable time". The parent of Hanjin Shipping pledged last week to raise 100 billion won to help rescue cargo in...

  • SEOUL/ SYDNEY, Sept 13- The chairman of Hanjin Group transferred 40 billion won to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take "considerable time." Hanjin Group, the parent of Hanjin Shipping, pledged last week to raise 100 billion won to help...

  • CHICAGO, Sept 12- Chicago would sell up to $3.5 billion of revenue bonds this year for its O'Hare International Airport under proposals approved on Monday by the city council's finance committee. Mayor Rahm Emanuel proposed refunding up to $1.5 billion of general airport revenue bonds through Bank of America Merrill Lynch to save an estimated $187.2 million,...

  • WASHINGTON, Sept 12- Four Republican members of Congress on Monday urged U.S. auto safety regulators to convene an industry-wide effort to prevent possible attacks on computer systems in vehicles. The lawmakers addressed their concerns in a letter to the U.S. National Highway Traffic Safety Administration. The letter from Representative Fred Upton, a...

  • The Hanjin Greece docked in Long Beach on Saturday after a U.S. bankruptcy court granted it protection and terminal operators agreed to take it. The U.S. court on Friday gave three other Hanjin ships protection from seizure, and one has been waiting near the Long Beach port since. The delays have concerned importers like Alex Rasheed, president of Pacific Textile...

  • Columbia Sportswear is hiring two people to test out its sports gear in extreme conditions. The pay is modest, but it comes with perks.

  • LOS ANGELES, Sept 10- Dock workers began unloading furniture, clothing and other cargo on Saturday from a container ship owned by bankrupt Hanjin Shipping Co Ltd, breaking a logjam that has stranded goods on a dozen vessels bound for the U.S. West Coast. The Hanjin Greece docked at the Port of Long Beach in California early Saturday morning and workers were hauling...

  • Sept 9- A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday. One of the four, the Hanjin Greece, was scheduled...

  • Apple Headquarters in Cupertino, California

    Apple is rethinking its plans for a self-driving car, just as other big tech companies are plowing ahead, The New York Times reports.

  • Sept 9- A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin had asked U.S. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday.

  • Sept 9- A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin asked U.S. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday.

  • Sept 9- A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. "We have the money to fully service those four ships," Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday. Around $14 billion of...

  • Sept 9- Hanjin Shipping Co Ltd has received authority to spend the money needed to dock at U.S. ports and begin unloading four vessels that have been stranded at sea by the company's failure last week, a company lawyer told a U.S. court on Friday. "We have the money to fully service those four ships," Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing...

  • SEOUL, Sept 9- Korean Air Lines, the biggest shareholder in Hanjin Shipping, on Friday delayed a decision on a funding plan for the troubled company for a second time, adding to uncertainty about cargo stranded at sea following the failure of the world's seventh-largest container carrier. Four vessels have also been seized as of Thursday, according to Hanjin...

  • In a statement on Thursday, the FAA said it "strongly advises" passengers to follow its guidance "in light of recent incidents and concerns raised by Samsung about its Galaxy Note 7 devices." United Continental Holdings Inc, American Airlines Group Inc and Delta Air Lines Inc did not immediately respond to requests for comment on the FAA advisory.

  • Sept 8- Samsung Electronics Co Ltd on Thursday asked a U.S. judge to allow the South Korean company to pay cargo handlers to remove its goods from Hanjin Shipping Co Ltd's vessels stationed near U.S. ports after the world's seventh-largest container carrier filed for bankruptcy. "There's no earthly reason why these parties should not be permitted to cut their...

  • CHICAGO, Sept 8- The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers. United Parcel Service Inc said on Thursday it is seeing a bump in demand for its freight services and is working with...

  • FRANKFURT, Sept 8- A Tesla electric car involved in a fatal crash in the Netherlands this week was not using the "Autopilot" function at the time of the accident, Tesla said on Thursday. The cause of the crash on a highway about 40 kilometres east of Amsterdam is still being investigated, and Tesla is cooperating with authorities, the company said.

  • *$14 billion in cargo aboard affected Hanjin ships. SEOUL, Sept 8- Will 80 tonnes of spicy kimchi stuck aboard three Hanjin Shipping vessels bobbing off the coast of California be unloaded before overripening? The ocean freight industry has never seen a container carrier of Hanjin Shipping's size go under before.

  • AMSTERDAM, Sept 7- A Dutchman died on Wednesday after his Tesla collided with a tree, according to local authorities, and it took firefighters hours to remove his body from the vehicle due to fears they could be electrocuted. The cause of the crash on a highway about 40 kilometres east of Amsterdam was not known. Fire department spokesman Ronald Boer said...