Business Transportation

  • A truck dumps 50,000 pounds of potatoes on I-77 in North Carolina on May 6, 2016.

    Early morning commuters in Charlotte, North Carolina saw heavy delays on Friday after a truck carrying 50,000 pounds of potatoes overturned on Interstate 77.

  • TOKYO, May 6- Japanese stocks fell on resumption of trading on Friday morning after a three-day holiday closure as an air of caution prevailed ahead of a key U.S. jobs report, while investors also worried about the impact of a strong yen on corporate profits. The Tokyo Stock Exchange was closed the previous three days for national holidays collectively known as...

  • MONTREAL/ SINGAPORE, May 6- Boosted by a pivotal CSeries deal with Delta Air Lines, Canada's Bombardier Inc is rekindling sales talks with several U.S. and European carriers, even as it eyes China, the world's fastest-growing aviation nation. Montreal- based Bombardier is leveraging last week's order for 75 of the 110- seater CSeries narrowbodies to renew...

  • Maesrk Line

    While the company's first quarter results were as expected, Robbert Van Trooijen, APAC CEO of Maersk Line explains which business areas need more progress.

  • Lyft mustache logo

    Two major auto-centric companies are teaming up to change the way we use taxis, reports The Wall Street Journal.

  • WASHINGTON, May 5- More than 50 automakers, state transportation agencies and other groups urged the White House and other federal policymakers on Thursday not to open a portion of the wireless spectrum reserved for connected vehicles in the near future. The letter was signed by major auto trade groups representing nearly the entire auto industry, including...

  • Bibop Gresta.

    The Hyperloop may be done by 2018 thanks to crowdsourcing, according to Hyperloop Transportation Technologies' COO.

  • Rendering of a hyperloop station by Hyperloop Technologies.

    The Hyperloop, a vessel that will travel nearly at the speed of sound, is being built between L.A. and San Francisco. Bibop Gresta talks with us about how this will work

  • MOSCOW, May 5- Russia's Economy Ministry said on Thursday that it had started the process of choosing firms to consult on the privatisation of shipping company Sovcomflot.

  • BERLIN/ LONDON, May 5- European airports are racing to redesign terminals and offer new services to pull more passengers into their stores, in the face of online competition and militant attacks that have kept away some big-spending Asian travellers. Vienna Airport, for example, plans to expand the shopping and food area in its Terminal 2 by about 50 percent-...

  • FRANKFURT, May 5- European aviation safety authorities have set up a task force to urgently assess the dangers of collisions between drones and aircraft after a rise in near-misses with passenger planes. In one widely-reported incident last month, a British Airways passenger plane was suspected of having hit a drone as it approached Heathrow airport,...

  • May 4- The U.S. Transportation Department and Takata Corp confirmed on Wednesday that automakers will recall another 35 million to 40 million U.S. air bag inflators assembled by the Japanese manufacturer by 2019.. National Highway Traffic Safety Administration officials said Tesla Motors Inc, Fisker Automotive and Jaguar Land Rover will recall Takata air...

  • May 4- The U.S. Transportation Department confirmed on Wednesday that automakers will recall another 35 million to 40 million U.S. air bag inflators installed by Takata Corp by 2019.. The National Highway Traffic Safety Administration said the decision "follows the agency's confirmation of the root cause behind the inflators' propensity to rupture."

  • The U.S. Transportation Security Administration will add officers at airports expected to have the highest passenger volumes, said Jeh Johnson, secretary of the U.S. Department of Homeland Security, in a statement on Wednesday. He added that he has asked Congress to approve additional funds to pay for officers' overtime and to meet "critical short-term needs."

  • Brazil's Senate is expected next week to vote to put Rousseff on trial for allegedly breaking budget laws. Rousseff issued a decree in March lifting the limit on foreign ownership of local airlines to 49 percent from 20 percent, in an effort to help Brazil's highly indebted carriers. Although Rousseff's decree is in effect, it must still be approved by Brazil's...

  • The Etihad First Apartment

    Researchers at the University of Toronto and Harvard Business School suggest that air rage during flights is caused by inequality on airplanes.

  • May 4- The United States is to increase the number of airport security staff and bomb-sniffing dogs and ramp up its pre-screening enrollment efforts in an attempt to address airlines' concerns that long airport lines this summer might discourage air travel. The U.S. Transportation Security Administration will add officers at airports expected to have the...

  • *Container business beats expectations with $37 mln profit. With more than 600 vessels, Maersk Line is the global market leader with a market share around 15 percent and has previously played down its ambitions, but the Copenhagen- based company acknowledged on Wednesday that recent acquisitions and vessel-sharing alliances bring new opportunities.

  • DETROIT/ FRANKFURT, May 4- Alphabet Inc's Google and Fiat Chrysler Automobiles NV have agreed to work together to build a fleet of 100 self-driving minivans, marking the first time that a Silicon Valley firm has teamed up with a traditional carmaker to develop an autonomous vehicle. Fiat Chrysler has a net debt pile of 6.6 billion euros and Chief Executive Sergio...

  • Cheap fuel boosts Air France-KLM earnings

    Jonathan Wober, chief financial analyst at CAPA - Centre for Aviation, looks at Air France-KLM’s earnings and where the company can improve in future months.

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