Business Transportation


  • GoEuro funding round is huge milestone: CEO Wednesday, 9 Dec 2015 | 4:40 AM ET
    GoEuro funding round is huge milestone: CEO has announced the closure of a Series B funding round totalling $45 million, led by Goldman Sachs. Its founder and CEO, Naren Shaam discusses further.

  • *Singapore's bunker fuel falls below $200/ mt 1st time since 2005. The benchmark end-user price for marine fuels, also known as bunker, Singapore's 380- centistoke grade bunker fuel, closed at $183.21 per metric tonne on Tuesday, almost $10 lower from the previous day and at levels last seen in January 2005. OPEC members now seem to be defending market share against...

  • Didi Kuaidi, China's largest internet car hailing company, has named Yahoo co-founder Jerry Yang as a senior adviser, the Financial Times reports.

  • Slimmer SkyMall edges back into seatback pockets Tuesday, 8 Dec 2015 | 4:15 PM ET

    Though it may be slimmer, the SkyMall catalog is back in the skies for this holiday season. NBC News reports.

  • WASHINGTON, Dec 8- Auto safety regulators on Tuesday called for a major overhaul to U.S. crash safety tests that will require automakers to add crash avoidance technologies to new vehicles if they want to gain the top, five-star ratings. The U.S. National Highway Traffic Safety Administration is proposing three new ratings for cars and trucks on pedestrian...

  • Orphaned Malaysian airplanes seek home Tuesday, 8 Dec 2015 | 2:43 PM ET
    A Boeing 747-200F plane with the registration number TF-ARM is parked at Kuala Lumpur International Airport on Dec. 8, 2015. Malaysian airport authorities have the problem of three Boeing 747 planes left unclaimed at the country's main airport.

    If the owner is not found, the aircraft may be sold to recover the charges owed to Malaysian airports.

  • More women becoming Uber drivers, survey finds Tuesday, 8 Dec 2015 | 2:17 PM ET
    An Uber driver in Washington, D.C.

    Lured by flexibility, ride-hailing company Uber continues to grow and attract drivers, according to a new Uber-funded survey.

  • Norfolk Southern rebuffs Canadian Pacific ... again Tuesday, 8 Dec 2015 | 9:22 AM ET
    Norfolk Souther Rail and a CSX train sit at the Norfolk Southern Bellevue Terminal in Bellevue, Ohio.

    Canadian Pacific revised its bid to buy U.S. railroad operator Norfolk Southern, but was promptly rejected again.

  • BlaBlaCar takes on new territories Tuesday, 8 Dec 2015 | 7:30 AM ET
    BlaBlaCar takes on new territories

    Ride-sharing start-up BlaBlaCar is shifting its focus to being a more global ompany, its co-founder and COO, Nicolas Brusson, explains.

  • False alarm for diverted Air France flight to Paris Tuesday, 8 Dec 2015 | 5:56 AM ET

    An "anonymous" bomb threat which resulted in a Paris-bound Air France passenger plane to be diverted to Montreal, Canada late on Monday was a false alarm, the carrier said.

  • Paris attacks: Growth to fall, Air France KLM hit Tuesday, 8 Dec 2015 | 2:41 AM ET
    Korean tourists pose for a selfie outside the Louvre musem on Nov. 15, 2015 in Paris.

    Air France KLM reported a 1.8 percent rise in passenger traffic in November despite the Nov. 13 militant attacks that killed 130 people in Paris.

  • Japan is expected to win the right to construct India's first bullet train, the Nikkei business daily reported.

  • RIO DE JANEIRO, Dec 7- The controlling shareholders of Brazilian port operator Prumo Logistica SA are planning to delist the company in a public offering that could be worth more than 800 million reais, according to a securities filing on Monday. Prumo's board also approved the appointment of José Magela Bernardes as interim chief executive following the...

  • WASHINGTON, Dec 7- The U.S. Transportation Department said Monday it will award up to $40 million to a mid-size U.S. city to pilot efforts to use technology to reduce congestion and speed traffic. The full $40 million is contingent on Congress approving funding in future budget years. Congress declined to boost gasoline taxes to pay for additional repairs, opting...

  • #YouAintNoMuslimBruv: London defiant against terror Monday, 7 Dec 2015 | 10:23 AM ET
    Police officers and crime scene investigators investigate a crime scene at Leytonstone tube station in east London, England, on December 05, 2015.

    A man has been charged with attempted murder in what is believed to be a terrorism-related knife attack at a London tube station Saturday.

  • BRUSSELS/ BERLIN, Dec 7- The European Commission is seeking a new European-wide air traffic agreement with Gulf states as a way of boosting European airlines against what some of them have termed unfair subsidies enjoyed by Middle East- based rivals. The EU executive, in a package of proposals unveiled on Monday to boost the competitiveness of Europe's aviation...

  • BRUSSELS, Dec 7- The European Commission is considering new measures to tackle what it sees as unfair competition from non-EU airlines as part of a package of proposals unveiled on Monday designed to boost the competitiveness of Europe's aviation sector. The Commission, the EU executive, also asked national governments to give it a mandate to start talks on air...

  • Neptune Orient Lines logo.

    French shipping company CMA CGM SA has offered to buy Temasek Holding's shares in Neptune Orient Lines for S$2.26 billion ($1.61 billion).

  • *Spring Air dominates popular leisure routes to Japan. BEIJING/ SINGAPORE, Dec 7- Xia Lili, marketing chief at a privately-owned Shanghai software firm switched to flying with Spring Airlines after China's first low-cost carrier took off in 2010. Her company has since made it mandatory for staff to use budget airlines when available, and has cut its travel costs...

  • Traffic Jam near ITO during the Chhath festival, on November 17, 2015 in New Delhi, India.

    Efforts to curb pollution in India's sprawling capital have sent some residents scurrying to an unlikely source: their math books.

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