Business Transportation

  • DUBLIN/ MONTREAL, June 3- Airlines want one global deal to reduce carbon dioxide emissions from air travel despite higher costs, in order to avoid a patchwork of regulation that would be harder to manage, an executive of the International Air Transport Association trade group said on Friday. The market-based plan must win the support of the United Nations...

  • Didi President takes on Uber

    Didi President Jean Liu answered questions on Uber. Inside.com founder and CEO and early Uber investor Jason Calacanis, reacts.

  • DUBLIN, June 3- The head of Dubai- based airline Emirates expressed concerns on Friday about the impact on travel across Europe if Britain votes to leave the EU in a June 23 referendum, as airline bosses gathered at a conference prepared for the worst. The CEO of German carrier Lufthansa also said he expected demand to fall if Britain leaves the bloc.

  • Avianca, one of Latin America's largest airlines, is seeking an investment of $500 million that could develop into a sale of the company, the Wall Street Journal reported on Thursday. Latin American airlines have been hit by economic woes and a slump in the value of currencies in the region, and have shifted flights away from countries such as Brazil and Venezuela...

  • Cramer's Mad Dash:

    Jim Cramer explains what to watch ahead of the open.

  • WARSAW, June 3- Polish freight group PKP Cargo is benefiting from rising demand for rail transport between China and Europe, a route that is developing as a modern day Silk Road. The company now operates 20 such trains each week, carrying mostly high value-added goods from China bound for Western Europe. It usually takes PKP's trains 11-14 days to get from China to...

  • Wal-Mart teaming up with Uber and Lyft to deliver groceries

    The retail giant is testing a new service to deliver groceries to customers using Uber and Lyft drivers.

  • DUBLIN, June 3- The head of Dubai- based airline Emirates expressed concerns on Friday about the impact on the rest of Europe if Britain votes to leave the European Union in a June 23 referendum. Noting forecasts about economic disruption in the UK in the event of a vote to leave the EU, airline president Tim Clark said he was also worried about political and economic...

  • NEW YORK, June 3- As travelers face long waits for U.S. airport security checks, Delta Air Lines Inc wants to expand limited access lanes to allow its top fliers- and anyone who pays a fee- to jump to the front of the line. Houston's two main airports plan to drop the program next year. At the airports, CLEAR employees verify customers' identities and escort them to the U.S....

  • Applicants stand inside an Uber Technologies Inc. office during a driver recruitment event in Hong Kong on Dec. 29, 2015.

    Saudi Arabia's $3.5B investment in ride-hailing app Uber could be best utilized in China, where the U.S. firm faces fierce competition.

  • BEIJING, June 3- China has approved construction plan of an urban railway project in Shaoxing city of eastern Zhejiang province with an investment of 29.16 billion yuan, the National Development and Reform Commission said on Friday.

  • LONDON, June 2- The shareholders of Middle East container shipping group United Arab Shipping Company back the company's merger talks with German rival Hapag-Lloyd although there has not yet been a vote to approve a deal, UASC said on Thursday. If a deal is reached it will create a group with an estimated combined enterprise value of around 7 billion to 8 billion...

  • LONDON, June 2- The shareholders of Middle East container shipping group United Arab Shipping Company back the company's merger talks with German rival Hapag-Lloyd although there has not yet been a vote to approve a deal, UASC said on Thursday. If a deal is reached it will create a group with an estimated combined enterprise value of around 7 billion to 8 billion...

  • *Norway widens ban of Airbus H225 helicopter. OSLO, June 2- The European Aviation Safety Authority on Thursday grounded Airbus H225 LP and AS332 L2 Super Puma helicopters following the discovery of metal fatigue in the gearbox of a Super Puma that fatally crashed in Norway on April 29. The Super Pumas, a workhorse of the offshore oil industry, were banned from...

  • DUBLIN, June 2- Airlines around the world expect to agree by the end of 2016 on the best way to quickly recover data from the so called' black boxes' on every plane that record flight information and help shed light on the causes of air disasters. The black box recorders from EgyptAir MS804 are still being sought two weeks after it disappeared over the Mediterranean...

  • The company is testing out its pizza on a bus service, which allows customers to receive their orders upon arriving at their stop.

  • DUBLIN, June 2- The International Air Transport Association called on Thursday for countries with tight currency exchange rate controls including Venezuela and Nigeria to release $5 billion worth of local ticket sales revenues owed to foreign airlines, or risk losing their services. IATA said on Thursday that airline revenues worth $5 billion were...

  • DUBLIN, June 2- Airlines should make more money than previously expected this year, the International Air Transport Association said on Thursday, helped by low oil prices and work by airlines to fill planes and drive ancillary revenues. IATA, representing over 260 airlines accounting for 83 percent of global air traffic, is now forecasting they will make a...

  • *Global airline net profits seen at $39.4 bln in 2016. DUBLIN, June 2- Global airlines should make more money than previously expected this year, the International Air Transport Association said on Thursday, helped by low oil prices and work by airlines to fill planes and drive ancillary revenues. IATA said it forecast net profit of $39.4 billion for the industry...

  • DUBLIN, June 1- Canada's Bombardier Inc believes it has turned the corner with its troubled CSeries jet programme and is confident of posting further wins on top of a recent major order from Delta Air Lines, its chief executive said. Interviewed at a meeting of global airlines in Dublin, Alain Bellemare declined to say when the Canadian company might come up with...

Contact Transportation

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.