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Business Transportation


  • TOKYO, Aug 5- ANA Holdings Inc won the backing of creditors to lead a turnaround of bankrupt Japanese discount carrier Skymark Airlines Inc, defeating a rival plan that proposed Delta Air Lines as its sponsor, a participant at the creditor meeting said. ANA's chance of winning the sponsorship role increased after Airbus Group, Skymark's second-biggest...

  • *At stake is access to 36 slots at Tokyo's Haneda airport. TOKYO, Aug 5- ANA Holdings Inc will get the backing of Airbus Group in a crucial vote by creditors on Wednesday to pick a sponsor for bankrupt Japanese discount carrier Skymark Airlines Inc, three sources with knowledge of the matter said. A spokesman for Airbus declined to comment.

  • A Uber sign in a car, New York.

    A group of Uber drivers said they were misled about the difference between contractors and employees, Re/code reports.

  • NEW YORK— Truckers who claim the New York State Thruway Authority charges excessive tolls are back on track after a federal appeals court reinstated their claims Tuesday. The 2nd U.S. Circuit Court of Appeals in Manhattan said three commercial trucking companies, their national trade association and individual truckers can proceed with claims that the...

  • Delta Air Lines Inc. said Tuesday that passenger revenue for every seat flown one mile fell 3 percent last month compared with July 2014. Deutsche Bank predicted that U.S. airlines will report a decline in the per-seat figure of between 5 percent and 6 percent compared with July 2014. It said that traffic— measured in the miles that passengers fly— rose 4.7 percent...

  • WASHINGTON, Aug 4- New orders for U.S. factory goods rebounded strongly in June on strong demand for transportation equipment and other goods, a hopeful sign for the struggling manufacturing sector. The Commerce Department said on Tuesday new orders for manufactured goods increased 1.8 percent after a revised 1.1 percent decline in May.

  • NAIROBI, Aug 4- Loss-making Kenya Airways, which has been hit by a slump in tourism in the African country, may require a $500- 600 million bailout, Kenya's finance minister said on Tuesday. The carrier, part-owned by Air France-KLM, has not made a profit in three years and sunk deeper into the red in the year through March with a pretax loss of 29.7 billion shillings.

  • VAN BUREN, Ark. _ USA Truck Inc. on Tuesday reported second-quarter earnings of $2.5 million. USA Truck shares have fallen 31 percent since the beginning of the year. Keywords: USA Truck, Earnings Report.

  • American Airlines and United Airlines soon followed. American spokesman Ross Feinstein said it's largely symbolic because his does not serve Africa. United, which only has one flight to Africa, also announced Monday afternoon its own restriction.

  • SANTO DOMINGO, Dominican Republic— The main truckers union in the Dominican Republic on Monday blocked transport of all freight through border crossings into neighboring Haiti, citing concerns about their safety. The Dominican truckers said they were protesting recent violence against them while in Haiti. Union leader Blas Peralta said the blockade will...

  • How apps are transforming US trucking Monday, 3 Aug 2015 | 1:00 PM ET
    Cargo truck

    New smartphone apps are making trucking more convenient and profitable, but serious safety concerns remain an issue.

  • Teamsters take on Silicon Valley Monday, 3 Aug 2015 | 11:43 AM ET
    Yahoo! headquarters in Sunnyvale, Calif.

    In Silicon Valley, residents are used to seeing big buses rolling through transporting workers for tech companies. Now, those drivers want more money.

  • HARTFORD, Conn.— Construction of a second track for the expanded rail line from New Haven to Springfield, Massachusetts, began Monday, and commuters will be bused along the route for the next year. The project will boost north-south rail transportation from six daily round-trip trains to 17 a day south of Hartford and 12 north of Hartford. It's also part of a broader...

  • Why collectors aren't buying Cuba's old cars Monday, 3 Aug 2015 | 11:27 AM ET
    Classic cars line the streets of Havana, Cuba.

    Car collectors will not be descending on Cuba to buy up the thousands of antique American cars still on the road in the Caribbean nation.

  • You can't trust this govt. "trust fund" Monday, 3 Aug 2015 | 7:00 AM ET
    Cars sit in miles-long traffic jam on southbound highway 101 near Mill Valley, California.

    The Highway Trust Fund has been limping along on short-term extensions and general fund transfers for years.

  • Loews profit rises, but revenue drops Monday, 3 Aug 2015 | 6:09 AM ET

    NEW YORK— The holding company Loews said Monday that its second-quarter net income rose more than 46 percent, even as revenue fell at its insurance and oil drilling businesses. Revenue edged up 1 percent to $299 million at its Boardwalk Pipeline natural gas transportation company and jumped 49 percent to $167 million at its Loews Hotels unit.

  • Experts aim to determine whether the part comes from the plane, which disappeared on March 8, 2014, en route from Kuala Lumpur to Beijing with 239 people on board. The fragment was found on the French Indian Ocean island of Reunion and returned to the French mainland last week. Before the part arrived in France, investigators had a high-degree of confidence that...

  • Drivers weigh in on Uber boom in NYC Monday, 3 Aug 2015 | 1:44 AM ET

    While New York City riders have increasingly more choices in how to get from here to there with the rise of e-hailing apps— and lawmakers grapple with how to regulate the booming industry— the drivers who keep cars moving are stuck in the middle. "In three years, there will be no taxis on New York City streets," Uber driver Michael Keflom predicted as he prowled the...

  • PHILADELPHIA— The manufacturer of the jet that crashed on takeoff in Massachusetts last year, killing the co-owner of The Philadelphia Inquirer and six other people, has reported a problem with a fail-safe system that can allow the planes to reach high speeds on the runway even if they are prevented from taking off. Gulfstream Aerospace Corp. said in a document...

  • Gas tax increases by 7 cents in Washington state Saturday, 1 Aug 2015 | 1:28 PM ET

    OLYMPIA, Wash— The price of gas may be going down nationally, but Washington drivers— already paying above the national average— may see even higher prices at the pump following Saturday's 7- cent- per-gallon increase in the state's gas tax. With state gas taxes now up to 44.5 cents a gallon, adding in the current federal gas tax of 18.4 cents, the total per gallon gas...

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