Business Transportation


  • Oct 6- General Electric Co said on Tuesday it was inspecting out-of-service versions of the engine component involved in a fire with a British Airways plane last month to further determine the cause of the engine failure. On Sept. 8, a British Airways plane, a Boeing 777, caught fire upon take-off from Las Vegas to London; all 157 passengers and 13 crew members...

  • Amtrak threatens to suspend service in December Tuesday, 6 Oct 2015 | 1:57 PM ET
    A new Siemens-built Amtrak Cities Sprinter locomotive passes work crews in Hamilton, N.J., where a new substation and catenary system will support future high-speed rail.

    Amtrak on Tuesday threatened to suspend some train service unless Congress extends a deadline for adding safety technology.

  • Amtrak threatens service disruption Tuesday, 6 Oct 2015 | 1:17 PM ET
    Amtrak threatens service disruption

    CNBC's Morgan Brennan reports that Amtrak threatened to suspend some train service unless Congress extends a deadline for adding safety technology

  • *AirAsia currently valued at nearly $800 mln after slump. SINGAPORE, Oct 6- Founders of Asia's largest budget carrier, AirAsia, are sounding out investors to take the company private in a management-led buyout, after a critical research report knocked its shares to a seven-year low, people familiar with the matter said. Group CEO Fernandes, who has led AirAsia's...

  • This is the best day to book your holiday flights Tuesday, 6 Oct 2015 | 7:00 AM ET
    Family holiday vacation airport passengers

    Whether you're taking to the skies for Thanksgiving, Christmas or New Year's, one week is better than any other to purchase your airfares.

  • SINGAPORE, Oct 6- Founders of Asia's No.1 budget carrier AirAsia Bhd are sounding out investors to take the company private in a management-led buyout, after its shares took a beating this year following a critical research report, people familiar with the matter said. AirAsia boss Tony Fernandes and his long-time business partner Kamarudin Meranun are...

  • TOKYO, Oct 6- Toyota Motor Corp said it would aim to bring to market cars that can autonomously change lanes, merge with traffic, and overtake other vehicles on highways by around 2020 as it aims to catch up in the nascent field of self-driving cars. Toyota also said it would launch three models in Japan this year equipped with "intelligent transportation system"...

  • Uber's intense lobbying is paying off Down Under Tuesday, 6 Oct 2015 | 12:23 AM ET

    Despite Uber's global challenges which include pending criminal cases, Australia offers a comeback for the ride-sharing app.

  • London court to decide: Is Uber's app a 'taximeter' Monday, 5 Oct 2015 | 9:22 PM ET
    A user scans for an available vehicle using the Uber's app on a smartphone in London.

    The High Court will decide whether Uber's app can be legally classed as a "taximeter", which is permitted in black cabs only, the FT reports.

  • Amtrak train derails in Vermont, injuring 7 Monday, 5 Oct 2015 | 2:51 PM ET
    An Amtrak train derailed in Vermont. Four people were injured when two cars went over an embankment, according to the Montpelier Fire Department.

    The derailment follows an Amtrak derailment near Philadelphia in May that left eight people dead.

  • PRAGUE, Oct 5- Airbus faces a double test of confidence in the A380 superjumbo in the coming months as Singapore Airlines ponders whether to renew its first lease while the planemaker seeks to bolster new sales, a leading industry banker said. Bertrand Grabowski, the board member in charge of aviation at Germany's DVB Bank, told financiers that lease rates for the...

  • Major highway blocked by ... premonition?!?! Monday, 5 Oct 2015 | 10:25 AM ET
    Interstate 95

    A Florida highway was blocked on Monday after a woman told police she had a premonition that there was a bomb in her car.

  • GE to sell corporate aircraft financing business Monday, 5 Oct 2015 | 8:58 AM ET

    Oct 5- General Electric Co said it would sell its fixed-wing corporate aircraft financing business in the Americas to Global Jet Capital, a provider of financing for the private aircraft market.

  • Air France managers flee as staff storm meeting Monday, 5 Oct 2015 | 8:25 AM ET
    Air France planes are parked on the tarmac of Roissy Charles-de-Gaulle airport.

    Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room.

  • MANCHESTER, England, Oct 5- Finance minister George Osborne will launch a programme on Monday to spur infrastructure investment in Britain, poaching the policy from the left-wing opposition to stake the government's claim to the centre ground. "Where would Britain be if we had never built railways or runways, power stations or new homes? Labour's new far-left...

  • DUBAI, Oct 4- Emirates airlines indicated on Sunday that it won't be announcing any big orders at next month's Dubai Airshow and said it wouldn't make a decision this year on whether to purchase Airbus A350 or Boeing 787 twin-aisle jets. Tim Clark, the airline's president, asked at an event whether any orders were likely to be announced at the air show which runs Nov....

  • Christopher Grundler, director of the EPA's Office of Transportation and Air Quality, told Reuters that new emission tests announced on Sept. 25 would continue "indefinitely" as part of the agency's effort to detect so-called defeat devices of the kind Volkswagen AG has admitted using to elude EPA laboratory emission tests for diesel vehicles.

  • The message, posted on, said the company offered significant pay increases, but a deal that the Teamsters reached Wednesday with American Airlines Group Inc "reset the market." It will reconvene talks with the Teamsters in two weeks. "Delta and American are setting the pace, and United is dragging its feet," Teamsters negotiator Clacy...

  • Why UPS and FedEx may matter to your health Friday, 2 Oct 2015 | 11:26 AM ET
    Inside UPS's logistics facility in Swedesboro, New Jersey.

    As baby boomers age, UPS, FedEx and DHL expect health-care logistics to become a more important part of their future.

  • New York man sues UPS for blocking bicycle lanes Friday, 2 Oct 2015 | 11:19 AM ET
    A UPS truck parked in New York City bike lane.

    A New York man says Big Brown is bringing him down by parking its trucks in bike lanes he wants to use.

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