A federal judge ordered United Parcel Service Inc to pay nearly $247 million in damages and penalties for "illegally shipping" large volumes of untaxed cigarettes in New York state and City, a court filing showed on Thursday. » Read More
By: Yen Nee Lee
An analyst says shares of AirAsia could potentially rise by another 19 percent, even as it reported a 30 percent fall in first quarter net profit. » Read More
The airline's performance in laggard markets, like the Philippines and Indonesia, is now picking up, says Tony Fernandes, group CEO of AirAsia. » Read More
The state-run conglomerate is joining the race to buy London's Baltic Exchange.
The "Squawk Box" news team discusses some of the morning's most provocative headlines, including FedEx's earnings beat. Donald Broughton, Avondale Partners, breaks down the company's quarterly numbers and shares his outlook.
The commodities giant aims to raise as much as $1.1-billion by selling the Hunter Valley rail business.
Washington, D.C.'s subway system will reopen on Thursday after a day-long shutdown for emergency safety checks.
China Merchants Group has made an informal bid to buy Baltic Exchange, becoming the latest contender for the business, sources told Reuters.
The shipping giant reported fiscal third-quarter earnings of $2.51 per share, adjusted, on $12.7 billion in revenue.
Seven finalists in the "Smart City Challenge," a competition to generate high-tech innovation, were unveiled at the SXSW Interactive Festival.
Loaded container volumes at the nation's top 10 ports notched a 14 percent increase in January 2016 versus a year ago, new data show.
Even in this time of partisan rancor, there is one issue that unites Democrats and Republicans, say Robert Bennett and Dan Glickman.
On Wednesday, the second-busiest U.S. subway system will be shut down for emergency safety checks.
Foodpanda is testing delivering meals to customers using unmanned flying devices in the city-state.
The Washington metro will shut down all day Wednesday in order to conduct an emergency equipment investigation.
Discussing the transportation space with Donald Broughton, managing director and senior research analyst at Avondale Partners, LLC.
President Obama will be visiting Cuba soon, but the U.S. must do two things for the island nation now, writes Scott Gilbert.
John Zimmer, Lyft co-founder, discusses his business strategy and the race between Uber and Lyft to gain the biggest following.
Venture advisor at Menlo Ventures and Uber investor, Shervin Pishevar, talks to CNBC's Kelly Evans about Uber's IPO prospects and the future of the transportation technology space.
As much as 15 percent of some airlines' total revenue comes from bag and cancellation fees.
United CEO Oscar Munoz's return is overshadowed by questions about the business and an ongoing proxy battle.
Even without a strike, New York City area commuters have one of the worst travel times in the country.
The global shipping industry continues to fall victim to weakening demand with freight rates on some routes hitting all-time lows.
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