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  • BRUSSELS, Dec 3- Trucks in the European Union are no more fuel efficient than they were more than a decade ago, according to a report released on Thursday, as calls increase for emissions from heavy duty vehicles to be regulated in the same way as cars. The study by the International Council on Clean Transportation found that the fuel efficiency of heavy duty...

  • *India has 13 of world's 20 most polluted cities- WHO. NEW DELHI, Dec 3- India will force all commercial trucks more than 15 years old off the road from April and is reviewing how it checks vehicle emissions, a senior transport official said, as the government tries to curb soaring urban air pollution. The World Health Organization said last year that India had 13 of the...

  • WASHINGTON, Dec 2- The mammoth highway bill that Congress will consider this week contains a long list of provisions that were the target of intense lobbying by interest groups for the transportation industry and public safety advocates. The five-year measure, dubbed the Fixing America's Surface Transportation Act or FAST Act, would be the first long-term...

  • Low oil hits transports

    CNBC's Dominic Chu looks at sinking rail stocks and the impact low oil is having on transports.

  • WHITE HOUSE APPLAUDS CONGRESS' EFFORTS TO DEVELOP BIPARTISAN LONG-TERM TRANSPORTATION BILL.

  • RIGA/ PARIS, Dec 2- Sleek in blue and white livery under a hangar spotlight at Riga airport, a single Bombardier CSeries jet symbolizes a rebirth for both the Latvian flag carrier and the planemaker. But the airline's growth hangs in the balance as Latvia's parliament prepares to vote on an 80- million-euro lifeline needed to pay for the jets, with implications for...

  • SURFACE TRANSPORTATION BILL WOULD CUT $71 BILLION FROM FEDERAL DEFICITS OVER 10 YEARS DUE TO REVENUE INCREASES.

  • Auto loans

    Auto loans stretching seven years are often criticized because they leave borrowers underwater for years, but they're gaining in popularity.

  • Alstom has won two rail contracts in India worth up to €3.7B as the country ups spending in its outdated network, the Financial Times reports.

  • WASHINGTON, Dec 1- The U.S. transportation bill will be partially funded by selling off some of the U.S. emergency oil reserve, but less will be sold than originally planned after negotiators in the Senate and House of Representatives reached a deal on Tuesday. About 66 million barrels of crude from the Strategic Petroleum Reserve will be sold from 2023 to 2025...

  • MEXICO CITY, Dec 1- Aeromexico's board of directors on Tuesday said it would study an offer from Delta Airlines to increase its stake in Mexico's largest airline. Delta, which has a 4.1 percent stake in Aeromexico, last month said it planned to buy up to an additional 32 percent of the company to strengthen its grip on the fast-growing Latin American market.

  • WASHINGTON, Dec 1- U.S House and Senate lawmakers reached agreement on Tuesday on a $305 billion, five-year transportation bill that would revive the politically embattled Export-Import Bank while funding roads, bridges and mass transit. The legislation would renew the Ex-Im Bank's charter through Sept. 30, 2019, months after it expired on June 30 in the face...

  • WASHINGTON, Dec 1- U.S House and Senate lawmakers reached agreement on Tuesday on a $305 billion, five-year transportation bill that would revive the politically embattled Export-Import Bank while funding roads, bridges and mass transit. The legislation would renew the Ex-Im Bank's charter through Sept. 30, 2019, with some reforms attached, months after it...

  • *Mugabe looks to China to provide economic lift-off. Zimbabwe, which became a pariah in the West after President Robert Mugabe's government was accused of rigging votes and abusing human rights, has increasingly turned to China for investment to help an economy desperate for new infrastructure like roads, power and water. China's Export and Import Bank signed...

  • NEW YORK, Dec 1- A Puerto Rico executive order signed by the governor grants the U.S. territory the power to take revenues from certain agencies including the highway authority HTA and the infrastructure authority PRIFA, according to a copy of the order. Governor Alejandro Garcia Padilla earlier told a U.S. Senate Judiciary Committee that the island would have...

  • Pistachios have become a 'hot' item for thieves in California.

    California's lucrative nut business is increasingly becoming a target of fraud rings, and a spike in thefts has led the industry and law enforcement to call an emergency summit.

  • The people behind the first solar-powered round-the-world flight believe the technology used will inspire society to adopt renewable products.

  • Zimbabwe, which became a pariah in the West after President Robert Mugabe's government was accused of rigging votes and human rights abuses, has increasingly turned to China for investment to help an economy desperate for new infrastructure like roads, power and water. Zimbabwe and China's Import and Export Bank is expected to loan Harare more than $1 billion...

  • US autos industry speeds ahead

    UBS analyst, Colin Langan discusses the current state of the autos market in the United States.

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