Business Transportation


  • More critics blaming TSA for missed flights

    American Airlines voices concerns, saying the agency isn't doing enough to make sure passengers make their flights.

  • CLEAR expanding security screening

    CNBC's Phil LeBeau reports security screening company CLEAR plans to expand its reach to include not just airports but stadiums as well.

  • *Kenya aims to cut budget deficit in 2016/ 17. NAIROBI, April 14- Kenya is seeking more private investment in state infrastructure to maintain the pace of spending on new railways and other vital assets while reducing the budget deficit, senior government officials said. Finance Minister Henry Rotich said the government had initiated several Public Private...

  • The Atlanta- based airline earned $946 million in the first quarter. On an adjusted basis, profit nearly tripled to $1.03 billion, or $1.32 per diluted share. Analysts on average estimated Delta would earn about $1 billion, or $1.30 per diluted share, according to Thomson Reuters I/B/E/S.


  • China's richest businessmen remain Asia's top owners of luxury aircraft: the greater China region had 466 private jets in 2015, according to consultancy Asia Sky Group, compared with 65 in 2007. Mainland China accounted for 300 of those. "The economy is weak and there are different political forces, as you know," said Bill Schultz, senior vice president of business...

  • April 13- Families of those killed on a Germanwings flight last year have sued a training unit of the airline's parent, Deutsche Lufthansa AG, in U.S. district court in Arizona for wrongful death, their law firm said on Wednesday. Kreindler& Kreindler LLP said it had filed a lawsuit on behalf of 80 families against Airline Training Center Arizona Inc, which...

  • Trading Nation: Trading the transports

    Boris Schlossberg of BK Asset Management and David Seaburg of Cowen & Co. discuss the transport sector with Melissa Lee.

  • NYC MetroCard

    The MTA hopes to completely replace MetroCards with smartphones or smart cards by 2020, NBC New York reports.

  • *Sources: Emirates paid much less than $865 mln list price. DUBAI/ PARIS, April 13- Dubai's Emirates emerged on Wednesday as the buyer of two new Airbus A380s, stepping in to add to its large fleet of superjumbos after the recent bankruptcy of a Japanese carrier. Airbus, which had been left holding onto the two mammoth planes after clashing with failed Japanese...

  • Norfolk Souther Rail and a CSX train sit at the Norfolk Southern Bellevue Terminal in Bellevue, Ohio.

    CSX says lower freight, particularly a 31 percent drop in coal volumes, hurt its first-quarter profit.

  • Plane technology takes off

    Airlines are soaring since increased demand and lower fuel prices. Aircastle CEO Ron Wainshal looks at the commercial aircraft leasing and selling industry.

  • Introducing the 'Textalyzer' to stop distracted driving

    Police in New York could soon be equipped with a device to find out if a driver involved in a crash was texting while driving.

  • BEIJING, April 13- China's crude oil imports rose nearly 22 percent on a daily basis in March from a year earlier, off a record-high in February, while imports for the first quarter grew over 13 percent from the same period in 2015, official data showed. Robust purchases from these so-called "teapot" plants have caused severe port congestion in eastern Shandong...

  • WASHINGTON, April 12- Three environmental groups filed a lawsuit against the Environmental Protection Agency on Tuesday to press for faster action in setting limits on greenhouse gas emissions from the U.S. aviation industry. Earthjustice, the Center for Biological Diversity and Friends of the Earth, filed the lawsuit to force the agency to complete its...

  • Tesla Model S redesigned and updated.

    After images of a 2017 Model S refresh leaked online, Tesla Motors confirmed forthcoming design and specification updates.

  • DUBLIN, April 12- Ryanair is to launch its first loyalty scheme in decades, introduce customer satisfaction surveys and allow "one-tap" upgrades using mobile phones as it extends its efforts to rid itself of a reputation for poor service. The Irish low-cost airline, Europe's largest by passenger numbers, has seen profits and passenger numbers soar since Chief...

  • GWADAR, Pakistan, April 12- The newly expanded Gwadar deep-water port in Pakistan that is key to a planned $46 billion Chinese economic corridor is nearly complete and expects to process about a million tons of cargo next year, the operator said on Tuesday. Most of the cargo will be incoming construction materials to be used in projects related to the China...

  • BERLIN, April 12- Chancellor Angela Merkel told carmakers on Tuesday that they should soon be able to test self-driving vehicles on German roads by promising to remove legal barriers. Germany is home to some of the world's largest car companies including Volkswagen, Daimler and BMW and Merkel said the industry should draw up a wish list for Berlin to help...

  • ATHENS, April 12- Greece has so far received initial interest from Italy's state railways for its railway operator TRAINOSE and expects three more suitors to bid for the asset, the head of the country's privatisation agency said in an interview on Tuesday. Billed as a key part of Greece's international bailouts since 2010, privatisations have reaped only 3...

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