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Business Transportation


  • COLUMBUS, Ky.— Part of the Mississippi River was closed as crews investigated an oil spill caused by the collision of two tow boats, the U.S. Coast Guard said Thursday. The cargo tank was ruptured, causing an unknown amount of oil to spill into the river, the Coast Guard said. The Coast Guard said it was working with the barge owner, Inland Marine Services, and an oil spill...

  • PARIS— French investigators have formally identified a washed-up piece of airplane debris found in July on a remote island in the Indian Ocean as part of Malaysia Airlines Flight 370, a Boeing 777 that disappeared more than a year ago with 239 people aboard. "Today it is possible to state with certainty that the flaperon discovered on Reunion July 29, 2015...


  • DALLAS— More than 14.2 million people are expected to fly over the seven days surrounding the Labor Day holiday, a 3 percent increase from last year, according to Airlines for America, the industry's trade and lobbying group. For instance, 1.14 million people are expected to use intercity buses, an increase of 5 percent compared to last year, according to the...

  • LONDON, Sept 3- EasyJet raised its full-year profit outlook on Thursday to forecast growth of up to 21 percent after a record number of August passengers turned to the British low-cost airline to get away. EasyJet said it now expected full-year profit before tax to be in a range of 675 million pounds to 700 million pounds for the year to the end of September,...

  • In the wake of a half-dozen fiery crashes this year, The Associated Press surveyed nearly a dozen cities with populations of more than 250,000 to gauge how prepared they are to respond to an oil-train derailment. —Variety of tabletop exercises and training exercises have taken place in and around Chicago involving railroads, first responders and government...

  • Train travel blocked by migrants in Europe Wednesday, 2 Sep 2015 | 1:08 PM ET
    Train travel blocked by migrants in Europe

    Five Eurostar trains were delayed for hours, with thousands stranded, reports CNBC's Wilfred Frost.

  • Trading the transports Wednesday, 2 Sep 2015 | 1:06 PM ET
    Trading the transports

    CNBC's Morgan Brennan reports on beaten up transport stocks.

  • ADDIS ABABA, Sept 2- Djibouti's relaunched national airline, now managed by a company run by the frontman of English heavy metal band Iron Maiden, is looking to remake itself as an Africa- wide air freight service, it said on Wednesday. Tiny Djibouti is sandwiched between Eritrea, Somalia and Ethiopia in the Horn of Africa, sitting strategically at the Red Sea and...

  • Honda's largest sport utility vehicle is bigger than ever on the inside, particularly in its third-row seats. The starting manufacturer's suggested retail price, including destination charge, for the 2016 Pilot is $30,875 for a base LX model with front-wheel drive. The lowest starting retail price, including destination charge, for an all-wheel drive Pilot...

  • Republic shares tumble after union blocks contract vote Wednesday, 2 Sep 2015 | 11:20 AM ET

    INDIANAPOLIS— Shares of regional airline operator Republic Airways tumbled Wednesday after the Teamsters union declined to let pilots vote on the company's latest contract offer, raising the prospect of a bankruptcy filing. Republic Airways Holdings Inc. shares were down 60 cents, or 19.8 percent, to $2.43 in midmorning trading. In a statement, Republic CEO...

  • FAA names two new officials to lead on drone policy Wednesday, 2 Sep 2015 | 11:08 AM ET

    The agency also named FAA official Earl Lawrence as director of its UAS Integration Office, an existing position responsible for crafting new commercial drone regulations that are expected early next year. Lawrence, who joined FAA in 2010, previously led the agency's Kansas City- based Small Airplane Directorate, which is charged with regulating small...

  • China defense spending to double by 2020: Report Wednesday, 2 Sep 2015 | 10:12 AM ET
    A file photo of a military parade in front of Tiananmen Gate in Beijing.

    China is forecast to double its annual defense budget by the end of the decade, according to a study published on Wednesday.

  • Trading the transports Wednesday, 2 Sep 2015 | 8:43 AM ET
    Trading the transports

    CNBC's Morgan Brennan takes a look at several transport stocks that have benefited from the tank in oil prices.

  • BILLINGS, Mont.— U.S. transportation officials on Wednesday offered $10 million in grants for states to upgrade highway-rail crossings and tracks in response to a recent surge in flammable fuel shipments. The announcement from the U.S. Department of Transportation comes as rail crossing collisions have increased over the past several years, following more...

  • Opportunity in transports Wednesday, 2 Sep 2015 | 6:54 AM ET
    Opportunity in transports

    CNBC's Morgan Brennan looks at a few select transport stocks poised for growth despite a weakening global economy.

  • Waterbury commuters to hear details on state rail plans Wednesday, 2 Sep 2015 | 3:06 AM ET

    HARTFORD, Conn.— Commuter rail advocates are optimistic about the state's plans to upgrade service on the fast-growing Waterbury branch line on Metro-North Railroad. Dannel P. Malloy's 30- year, $100 billion transportation overhaul includes plans to spend $350 million to improve rail service between Bridgeport and Waterbury. And in December, $7 million in...

  • PYONGYANG, North Korea— If an Air Koryo passenger ignores its no-photography rule, a flight attendant might take the camera and delete the pictures herself. Crumpling up a newspaper bearing the image of North Korean leader Kim Jong Un can earn travelers a stern lecture, or worse. They are clearly not the world's worst airline, "said Simon Cockerell, of the Koryo...

  • Rest in Peace on the moon for $12,000 Wednesday, 2 Sep 2015 | 1:02 AM ET
    Astrobotic Technology aims to launch their private mission which will deliver the first batch of human ashes to the moon in 2017.

    Celestial funeral firm Elysium Space is now offering a “Lunar Memorial,” in which your cremated remains are privately dispatched to the moon.

  • Why China wants to build Indonesia's high-speed rail Wednesday, 2 Sep 2015 | 12:19 AM ET
    Why China wants to build Indonesia's high-speed rail

    Johnson Leung, head of regional transport at Jefferies Group, discusses the interest that China had shown in the building of a high-speed railway in Indonesia.

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