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Business Transportation

  • LAFAYETTE, La. _ PHI Inc. on Monday reported a fourth-quarter loss of $17.1 million, after reporting a profit in the same period a year earlier. PHI Inc. shares have declined 14 percent since the beginning of the year. Keywords: PHI Inc., Earnings Report.

  • HONOLULU— Hawaiian Airlines says it's become the first U.S. airline to join an international research project on climate change and air quality. Members include research organizations, universities and weather services from Germany, France and the United Kingdom. The data are used by about 200 universities in Europe, the United States, Japan, South America,...

  • LOS ANGELES— Construction has begun on a new $1.6 billion terminal at Los Angeles International Airport. Mayor Eric Garcetti and other city leaders helped break ground Monday on the Midfield Satellite Concourse. It will connect to the Tom Bradley International Terminal via an underground tunnel.

  • BARCELONA, Feb 27- The brave new world of remote-controlled cars is now technically possible using wireless technologies which are set to be commonplace early in the next decade, two major telecoms companies said at a test drive staged on Monday during an industry conference in Barcelona. The driver of the vehicle took the wheel from the floor of the Fira...

  • LONDON, Feb 27- Guided by cameras and radars, and negotiating traffic and roundabouts, a self-driving Nissan car took to the streets of London on Monday for the Japanese company's first European tests of an autonomous vehicle. Britain's flexible approach to testing autonomous vehicles helped Nissan pick London for its first European tests, the director of its...

  • A Waymo self-driving car.

    U.S. Transportation Secretary Elaine Chao has said she's reviewing self-driving vehicle guidance issued by the Obama administration, remaining skeptical.

  • WASHINGTON, Feb 27- The U.S. Federal Aviation Administration said Monday that Kenya now complies with international aviation safety standards and has been granted a Category 1 rating. With the designation, Kenyan air carriers able to secure the requisite U.S. Transportation Department authority can establish service to the United States and carry the code...

  • BISMARCK, N.D.— A flight attendant accused of making bogus bomb threats on two Skywest flights in 2015 has signed a plea deal to avoid trial, but he could still end up spending decades in prison. Justin Cox-Sever, 23, of Tempe, Arizona, is accused of making threats on a July 2015 flight from Charlottesville, Virginia, to Chicago, and on a September 2015 flight from...

  • DALLAS— United Airlines, which lost the distinction of being the world's biggest carrier after shrinking for several years, plans to regain lost ground by adding more flights from key airports this summer. Only once in the last five years did United Continental Holdings Inc. top Delta's operating income. "We've been shrinking, and our competitors have been...

  • Berkshire Hathaway holds sizeable stakes in American Airlines, Delta Air Lines, United Continental and Southwest. At the end of 2016, Berkshire held 45.5 million shares of American, 60 million shares of Delta, 43.2 million shares of Southwest and nearly 29 million shares of United Continental. The billionaire investor said on CNBC Monday that Berkshire...

  • BERLIN, Feb 27- German Chancellor Angela Merkel discussed China's plan to set quotas for the number of electric cars it wants on its roads in the future in a phone call with Prime Minister Li Keqiang, a government spokesman said on Monday. "The federal chancellor had a phone call with Prime Minister Li Keqiang, it was a confidential phone call and I can give no details,"...

  • Transportation Secretary Elaine Chao said on Sunday she was reviewing self-driving vehicle guidance issued by the Obama administration and urged companies to explain the benefits of automated vehicles to a skeptical public. Automakers called on Congress earlier this month to make legislative changes to speed self-driving cars to U.S. roads.

  • CAIRO— Egyptian officials said Sunday they were inching closer to meeting all demands set by Russia on airport security to resume flights to Egypt, suspended after militants from a local affiliate of the Islamic State group downed a Russian airliner 15 months ago over the Sinai Peninsula. Since the crash, Egypt has spent millions of dollars to upgrade security...

  • A truck travels the 210 freeway between Los Angeles and cities to the east near Pasadena, California.

    Another player has entered the self-driving trucks startup arena. Say hello to Embark, Recode reports.

  • BERKSHIRE SAYS AVG PURCHASE PRICE OF SOUTHWEST AIRLINES CO WAS NEARLY $40.67 PER SHARE- ANNUAL REPORT.

  • Travis Kalanick, CEO of UBER

    "We will continue our hard work to bring self-driving benefits to the world," Uber said.

  • WASHINGTON, Feb 24- President Donald Trump signed an executive order on Friday to place "regulatory reform" task forces within federal agencies in what may be the most far reaching effort to pare back U.S. red tape in recent decades. Trump signed the directive in the Oval Office with chief executives of major U.S. corporations standing behind him including Dow...

  • Driverless trucks rev up

    Discussing the future of trucking as autonomous trucks are making their way onto the road, with Jason Seidl, Cowen Group airfreight & surface transportation analyst.

  • TORONTO, Feb 24- Passenger and freight train service across southern Ontario started to resume on Friday after being halted due to a power outage at Canadian National Railway's rail traffic control center, officials said. The domino effect could slow national freight routes as outages at a traffic control centre could mean signals turn red throughout the...

  • Andrew Left, Citron Research

    Citron has also been short Nvidia recently, whose stock has also fallen.

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