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Business Transportation


  • The report, due to be released next week, follows an uproar over faulty General Motors Co ignition switches tied to more than 110 deaths and defective Takata Corp air bag inflators linked to at least eight deaths. It also comes at a time when Transportation Secretary Anthony Foxx and NHTSA Administrator Mark Rosekind are pressing Congress to increase NHTSA's...

  • June 19- Delta Air Lines Inc and Southwest Airlines Co have scheduled overlapping flights from identical gates at Love Field in Dallas, creating potential havoc for customers as a gate-sharing agreement between the carriers is set to expire and a court battle looms over slots at the airport. Dallas had responded Wednesday by suing the federal agency for...

  • *Rules would cut fuel costs by $170 billion in 2018-2027. WASHINGTON, June 19- The Obama administration proposed new rules on Friday to slash greenhouse gas emissions from heavy, long-haul trucks, a move to attack climate change that prompted a wary response from industry groups worried about the costs. The complex proposal from the U.S. Environmental...

  • ST PETERSBURG, Russia, June 19- Russia's Aeroflot sees the Russian aviation industry crisis deepening and is renegotiating its jet order with U.S. planemaker Boeing as the carrier seeks to reduce its fleet, Chief Executive Vitaly Savelyev said on Friday. Aeroflot signed a contract for 22 Boeing 787 Dreamliners in 2007 with delivery scheduled for 2014, but the...

  • WASHINGTON, June 18- The Obama administration will propose on Friday new standards for big trucks designed to cut carbon emissions and lower fuel costs, the Wall Street Journal reported. Citing an unnamed person familiar with the proposal, the newspaper said the U.S. Environmental Protection Agency and the Transportation Department would announce draft...

  • WASHINGTON, June 18- The Obama administration will propose on Friday new standards for big trucks designed to lower fuel costs and cut carbon emissions, the Wall Street Journal reported.

  • Here's what the Hyperloop could look like Thursday, 18 Jun 2015 | 4:33 PM ET
    Hyperloop concept by Argodesign

    Argodesign published its own take on what the high-speed Hyperloop system could look like.

  • PARIS, June 18- Boeing leaves the Paris air show convinced of the strength of overall jetliner demand and the appeal of its 737 MAX 200, despite losing a bid to sell the high-density jet to a Hungarian low-cost carrier, a senior executive said. Boeing ended the trade days of the June 15-21 show with orders and commitments for 331 aircraft worth $50.2 billion,...

  • AIRSHOW-Airbus says weighing up both Skymark rescue plans Thursday, 18 Jun 2015 | 11:58 AM ET

    PARIS, June 18- Airbus said on Thursday it was studying two proposals to revive Skymark and would favor any plan that both gives the bankrupt Japanese airline a future and takes account of the planemaker's interests. Alongside aircraft leasing firm Intrepid Aviation Ltd, Airbus is one of the biggest creditors to Skymark, which ran into financial trouble after...

  • PARIS, June 18- Airlines are confident a deal will be reached next year on a global market-based system to regulate emissions from aviation, the head of the International Air Transport Association said on Thursday. Almost 200 nations meet in Paris from the end of November, on the same site as the airshow, to try to strike a new agreement to curb greenhouse gas...

  • DUBAI, June 18- Passenger traffic through Dubai International Airport, the world's busiest airport for international passenger business, rose 5.7 percent from a year earlier in April, its operator said on Thursday. The number of passengers climbed to 6.51 million from 6.16 million, partly because of growth in Eastern European traffic as Dubai carrier...

  • PARIS, June 18- Hungary's Wizz Air signed a memorandum of understanding at the Paris air show on Thursday to buy 110 Airbus A321neo aircraft worth $13.7 billion at list prices as the budget airline continues to expand its network and capacity. Reuters reported earlier, citing people familiar with the matter, that Airbus was close to a deal to sell around 100...

  • We welcome lower interest rates: Russian CEO Thursday, 18 Jun 2015 | 5:10 AM ET
    We welcome lower interest rates: Russian CEO

    Ruben Aganbegyan, CEO and chairman of Otkritie, discusses the Russian economy, financial system and central bank.

  • KUALA LUMPUR, June 18- A Malaysian naval vessel has located the hijacked tanker Orkim Harmony in Vietnamese waters and is trying to persuade the pirates onboard to surrender, promising them they will be unharmed, Malaysian maritime officials said on Thursday. Both the crew and the cargo are safe, and the navy is in the midst of negotiations with the robbers,...

  • EU and US sanctions are 'illegal': Yakunin Thursday, 18 Jun 2015 | 4:00 AM ET
    EU and US sanctions are 'illegal': Yakunin

    Vladimir Yakunin, president at Russian Railways, says only the United Nations has the right to impose sanctions on Russia, not the EU or U.S.

  • Russian Railways: Russia, China rail ideas coincide Thursday, 18 Jun 2015 | 4:00 AM ET
    Russian Railways: Russia, China rail ideas coincide

    Vladimir Yakunin, president at Russian Railways, discusses transportation measures, adding that development of infrastructure is "essential" to facilitate individual economies and societies.

  • Uber is 'scared to death' by California ruling: Pro Wednesday, 17 Jun 2015 | 11:38 PM ET
    Uber is 'scared to death' by California ruling: Pro

    The California Labor Commission ruled that a driver for Uber is an employee, not a contractor. Lloyd Greif, president & CEO at Greif & Co, explains why the taxi-hailing app is worried about the ruling.

  • Labor case won't help Uber's driver of the future Wednesday, 17 Jun 2015 | 6:29 PM ET
    Google Chairman Eric Schmidt sits in a Google self-driving car at the Google headquarters in Mountain View, California.

    A California decision that Uber drivers are "employees" won't matter once self-driving cars become reality.

  • More retired Americans becoming Uber drivers Wednesday, 17 Jun 2015 | 3:26 PM ET
    Judith Gordon, an Uber driver in Phoenix, Arizona, is 69 and drives up to 50 hours a week.

    Some retired American workers are becoming Uber drivers to earn extra income. Need a ride?

  • FedEx earnings, revenue miss estimates Wednesday, 17 Jun 2015 | 2:41 PM ET
    Workers prepare to offload an incoming FedEx plane in Newark, New Jersey.

    FedEx delivered quarterly earnings and revenue that fell short of analysts' expectations on Wednesday.

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