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Business Transportation


  • April 14- The stronger U.S. dollar has offset "quite a lot of the benefit" of lower oil prices for airlines that are not earning much in that currency, International Air Transport Association Director General Tony Tyler told reporters on Tuesday. While Tyler said IATA will update its airline profit forecast in June, the remarks reflect the currency challenges...

  • NEW YORK, April 14- JetBlue Airways Corp, the fifth biggest U.S. airline by passengers carried, consistently cancels flights sooner than rivals when storms pummel the U.S. Early cancellations reduce requests for refunds, JetBlue's Chief Executive Officer Robin Hayes told Reuters. At the same time, the four largest U.S. airlines- American Airlines Group Inc, Delta...

  • What port issues? Ship to Florida, says Gov. Scott Monday, 13 Apr 2015 | 4:30 PM ET
    Florida Gov. Rick Scott

    In the wake of a dispute that gridlocked key California ports, Scott was in Los Angeles courting companies hurt by the impasse.

  • Southern drivers spend most on gas: Here's why Monday, 13 Apr 2015 | 1:32 PM ET
    Gas pump gasoline prices

    An Energy Department analysis finds that drivers in the South spend more on gasoline than areas of the country with larger mass transit systems.

  • New York's TSA collected HOW MUCH in loose change?! Monday, 13 Apr 2015 | 9:49 AM ET
    copper pennies

    The TSA collected $76,000 in loose change left at security checkpoints in New York City area's three major airports last year.

  • Go east, young man! Port strike's clear winner Friday, 10 Apr 2015 | 4:11 PM ET
    The NYK Joanna container ship sits docked at the Dante B. Fascell Port of Miami-Dade County in Miami, Florida.

    While West Coast ports' labor strikes wreaked economic havoc, East Coast ports have emerged as the clear winner.

  • Ola Cabs: How we're battling Uber Friday, 10 Apr 2015 | 12:43 AM ET
    Ola Cabs: How we're battling Uber

    Bhavish Aggarwal, co-Founder and CEO of Ola Cabs, discusses how the taxi app plans to take on Uber, which is reportedly entering India's auto-rickshaw space.

  • Storm brings tornadoes, giant-sized hail to US Thursday, 9 Apr 2015 | 7:51 AM ET

    A storm peppered a 1,500-mile arc with 10 reported tornadoes, hail and winds of up to 80 mph Wednesday, NBC News reported.

  • Stock picks: Why analysts see upside in transports Wednesday, 8 Apr 2015 | 2:25 PM ET
    Workers prepare to offload an incoming FedEx plane in Newark, New Jersey.

    It's been a rocky road for transports. But for those willing to ride out the volatility, there are good buying opportunities.

  • How buoyant is the superyacht market? Wednesday, 8 Apr 2015 | 11:50 AM ET
    How buoyant is the superyacht market?

    Xavier Calloc'h, director of Yacht Investor, talks about the rise in interest in superyachts - and who is buying.

  • How Easy Taxi survives in Asia's taxi app market Tuesday, 7 Apr 2015 | 11:46 PM ET
    How East Taxi fends off competition in Asia's taxi app market

    Li Jianggan, regional managing director, Asia at Easy Taxi, expects stiff competition to remain in Asia's taxi app market and describes how market players need to keep up.

  • Women calling men might be causing more accidents Tuesday, 7 Apr 2015 | 1:12 PM ET
    Texting while driving

    Data from RealNetworks shows that millions of drivers are lying about their abuse of texting and driving on the road.

  • Official airline of the PGA loses golfer's clubs Monday, 6 Apr 2015 | 4:35 PM ET
    Russell Henley chats with caddy Adam Hayes on the eighth hole during the first round of the Tour Championship in Atlanta, Sept. 11, 2014.

    United Airlines lost professional golfer Russell Henley's clubs while he was en route to The Masters tournament.

  • No. 7 NYC subway service halted amid smoke Monday, 6 Apr 2015 | 10:52 AM ET
    Firefighters respond at Vernon Boulevard and Jackson Avenue in Queens, New York.

    Service on the No. 7 New York City Subway line between Queensboro Plaza and Times Square was suspended on Monday.

  • France halts search at Germanwings crash site Saturday, 4 Apr 2015 | 11:19 PM ET
    Rescue workers conduct search operation near the site of the Germanwings plane crash near the French Alps on March 26, 2015 in La Seyne les Alpes, France.

    French investigators have ended their search for bodies in the Alps where a Germanwings passenger jet crashed last month, killing all 150 people on board, a local official said on Saturday.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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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