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  • New Honda Civic designed for millennial loyalty Wednesday, 1 Apr 2015 | 4:28 PM ET
    Honda designer Guy Melville-Brown introduces the Honda Civic Concept during a media conference at the 2015 New York Auto Show, April 1, 2015.

    A redesign of Honda's Civic car is part of a lineup overhaul intended to preserve brand loyalty, particularly in young Americans.

  • April 1- Pilots at Allegiant Air will strike on Thursday, potentially grounding more than 250 flights throughout the country and impacting more than 33,000 customers on that day, the Airline Professionals Association Teamsters Local 1224 said Wednesday. "This irresponsible and illegal action by the Teamsters has been timed to coincide with the busy holiday...

  • April 1- Pilots at Allegiant Air will strike on Thursday, potentially grounding more than 250 flights and impacting more than 33,000 customers on that day, the Airline Professionals Association Teamsters Local 1224 said Wednesday. The union has alleged that Allegiant has failed to abide by a July 2014 federal court injunction that directed the airline to...

  • West Coast port fiasco over? Not so fast Wednesday, 1 Apr 2015 | 10:54 AM ET
    A shipping container is moved at the Port of Oakland.

    Serious damage has been done to the West Coast ports business and it needs to be addressed quickly, say the CEOs of the US Chamber, NRF and NAM.

  • LONDON, April 1- More than 1 million barrels of crude oil move by train across the United States every day, according to data published for the first time by the government on Tuesday. The volume of crude shipped by rail has increased more than 50- fold in five years, from just 630,000 barrels in January 2010 to 33.7 million barrels in January 2015, the Energy...

  • BERLIN, April 1- Germany will wait for investigations into last week's airliner crash to be completed and could then decide to make changes to air safety rules, a spokeswoman for the transport ministry said on Wednesday. "We will wait for the findings resulting from this horrible accident and then decide whether changes are necessary. She was responding to a...

  • Rough seas ahead for container shipping industry Wednesday, 1 Apr 2015 | 4:47 AM ET
    A container ship at the Port of Los Angeles in San Pedro, Calif.

    The world’s shipping lines risk bankruptcy and will have to shed assets in order to stay afloat, an industry expert has warned CNBC.

  • SINGAPORE, April 1- A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad weather and possible oil quality issues, shipping industry sources said. The problems could delay or limit the number of oil export cargoes from Basra in April, potentially pushing down...

  • MEXICO CITY, March 31- Mexico is trying to get Chinese state-run companies involved in the construction of a new $11 billion airport as it seeks to make up for a tainted rail tender that soured relations with Beijing, a source with knowledge of the government plan said. Mexico announced in September it would build the new Mexico City airport to relieve congestion...

  • NEW YORK, March 31- Billionaire investor George Soros and Indian entrepreneur Purnendu Chatterjee on Tuesday won the dismissal of a U.S. lawsuit in which cargo carrier TradeWinds Airlines Inc sought to have them pay a $54.9 million judgment it could not collect. District Judge John Keenan in Manhattan said TradeWinds and its former parent Coreolis Holdings...

  • BERLIN, March 31- The German pilot who crashed a plane in the French Alps last week, killing 150 people, told officials at a Lufthansa training school in 2009 that he had gone through a period of severe depression, the airline said on Tuesday. The statement is potentially damaging for the airline and its CEO Carsten Spohr, who told reporters last week that the carrier...

  • BRUSSELS, March 31- European, Turkish and Chinese recyclers are set to benefit from strict new EU rules on breaking up old ships, but the practice of dismantling them on beaches in South Asia-- at great human and environmental cost-- will still be hard to stop. Of 1,026 ocean-going ships recycled in 2014, 641 were taken apart on beaches in India, Bangladesh and Pakistan,...

  • Shipping lines: Can they survive? Tuesday, 31 Mar 2015 | 4:50 AM ET
    Shipping lines: Can they survive?

    Is oil the sole perpetrator for the slowdown in the shipping industry? Albert Stein, Managing Director of AlixPartners, says oil is a "mixed blessing" for different types of ships, while talking about the industry's outlook.

  • SAO PAULO, March 30- Brazilian airline Gol Linhas Aereas SA expects positive operating income in 2015 and an operating margin of between 2 and 5 percent, the company said in a securities filing on Monday. The airline may revise its outlook for the year because of "an adverse macroeconomic scenario," the filing said. Gol also reiterated its expectations for stable...

  • SANTIAGO, March 30- The Chilean-based LATAM Airlines said on Monday it was canceling a large number of domestic flights in Argentina as well as some international ones into and out of the country due to an upcoming general strike. Banks will also close their doors and port workers in the Rosario grains hub 300 km northwest of Buenos Aires will down tools.

  • BERLIN, March 30- After an already troubled first year as CEO of Lufthansa, Carsten Spohr must now deal with the aftermath of the Germanwings disaster whilst making the airline group fit to compete for the future. Spohr, a qualified pilot, has been trying to follow the example of rival IAG, the parent company of British Airways, Iberia and Vueling, by cutting staff...

  • LONDON, March 30- China has managed to export a large shipment of crude oil from Yemen over the weekend, ship-tracking data showed on Monday, despite mounting chaos in the country after the launch of Saudi-led air strikes last week. Tanker data listed it as being run by Glasford, the shipping-arm of PetroChina. Trading sources estimate Yemen's oil exports before...

  • *New railways target Uganda, Rwanda, Burundi, Congo. Oil discoveries in Kenya and Uganda and gas finds in Tanzania have turned east Africa into an exploration hotspot for oil firms but transport infrastructure in those countries has suffered from decades of under-investment. Sitta said the railway network would meet the huge demand for the transportation of...

  • BEIJING, March 30- An early investor in Chinese carpooling app Dida Pinche said he has held talks with U.S. ride-hailing app Uber Technologies Inc to help grow Dida in a market 99 percent controlled by Didi Dache and Kuaidi Dache. Andy Zhang, chief financial officer of Dida investor Bitauto Holdings Ltd, told Reuters late last week that he met with Uber Chief...

  • Air crash payouts: How they work Monday, 30 Mar 2015 | 1:12 AM ET
    Debris of the Germanwings Airbus A320 at the crash site in the French Alps.

    In the wake of Tuesday's plane crash, Lufthansa may already be offering settlements to the families of the 150 passengers who were killed.

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