Business Transportation

  • Bill Ackman

    Herbalife shares slumped after Bill Ackman said he was approached to take a stake in the firm.

  • WASHINGTON— The government is fining four airlines for failing to have accurate notices explaining compensation for passengers who are bumped from flights or whose baggage is damaged or lost. The Department of Transportation said Friday that it fined American Airlines $45,000, Southwest Airlines and Alaska Airlines $40,000 each, and United Airlines...

  • Passengers getting off an Amtrak train in Union Station, Washington.

    Federal officials say the government will make a $2.45 billion loan to Amtrak to buy new trains.

  • Are trucking companies threatened by Amazon?

    What do some of the country's biggest truck companies think about Amazon's move into trucking, via their fleet of branded trailers? CNBC's Morgan Brennan reports at The Great American Trucking Show in Dallas, Texas.

  • WASHINGTON, Aug 26- Trucks and buses in the United States may have to be equipped with devices to limit their speed under a proposed rule issued on Friday by the U.S. Transportation Department which said the move could save both lives and fuel. Speed limits on interstate highways vary across the United States, with some states allowing vehicles to drive as fast as...

  • WASHINGTON, Aug 26- The U.S. Department of Transportation on Friday fined Alaska Airlines, American Airlines, Southwest Airlines, and United Airlines for providing inaccurate information to passengers about how much compensation they could potentially receive for being denied boarding against their will and for lost, damaged, or delayed baggage.

  • WASHINGTON, Aug 26- The U.S. Transportation Department on Friday issued a proposed rule that would require trucks and buses to be equipped with devices that would limit their speed, a move it said could save both lives and fuel. Speed limits on interstate highways vary across the United States, with some states allowing vehicles to drive as fast as 85 mph, though...

  • The Google self-driving car maneuvers through the streets of in Washington, DC

    Google's self-driving car project took a step closer to market with the hire of a top executive from Airbnb.

  • *Turkey facing hurdles after failed coup, attacks. GARIPCE, Turkey, Aug 26- Turkey opened one of the world's biggest suspension bridges on Friday, the latest megaproject in a $200 billion building spree that President Tayyip Erdogan hopes will secure his place in history. The bridge creates a new link across the Bosphorus Strait, which divides Asia and Europe.

  • WASHINGTON, Aug 26- The U.S. Transportation Department on Friday issued a proposed rule that would require trucks and buses to be equipped with devices that would limit their speed, a move it said could save both lives and fuel. Speed limits on interstate highways vary across the United States, with some states allowing vehicles to drive as fast as 85 miles per hour,...

  • HAVANA, Aug 26- Cuba said on Friday it was ready to receive U.S. commercial flights beginning next week and that it viewed their renewal after being suspended in 1961 as another positive step in a growing detente. JetBlue is scheduled to inaugurate direct flights between the long-time nemeses on Aug. 31, when it flies from Fort Lauderdale, Florida, to Villa Clara in...

  • WASHINGTON, Aug 26- The U.S. Transportation Department on Friday issued a proposed rule that would require trucks and buses to be equipped with devices that would limit their speed, a move it said could save both lives and fuel. "There are significant safety benefits to this proposed rulemaking," Transportation Secretary Anthony Foxx said in a statement.

  • WASHINGTON, Aug 26- The U.S. Transportation Department on Friday issued a proposed rule that would require trucks and buses to be equipped with devices that would limit their speed, a move it said could save both lives and fuel. "There are significant safety benefits to this proposed rulemaking," Transportation Secretary Anthony Foxx said in a statement.

  • ROCHESTER, N.Y.— A United Airlines ExpressJet flight from New Jersey to Toronto had to make an emergency landing in Rochester, New York, just hours after a previous flight carrying the same passengers had to return to the Newark airport. Atlanta- based ExpressJet, a regional affiliate of United, says the passengers had been on another Toronto- bound flight that had...

  • GARIPCE, Turkey, Aug 26- Turkey opens one of the world's biggest suspension bridges on Friday, creating a new link between two continents with the latest megaproject in a $200 billion building spree that President Tayyip Erdogan hopes will secure his place in history. The bridge across the Bosphorus Strait, which divides Asia and Europe, is built in the style of...

  • GARIPCE, Turkey, Aug 26- Turkey opens one of the world's biggest suspension bridges on Friday, creating a new link between two continents with the latest megaproject in a $200 billion building spree that President Tayyip Erdogan hopes will secure his place in history. The bridge across the Bosphorus Strait, which divides Asia and Europe, is built in the style of...

  • GARIPCE, Turkey, Aug 26- Turkey opens one of the world's biggest suspension bridges on Friday, creating a new link between two continents with the latest megaproject in a $200 billion building spree that President Tayyip Erdogan hopes will secure his place in history. The bridge across the Bosphorus Strait, which divides Asia and Europe, is built in the style of...

  • GARIPCE, Turkey, Aug 26- Turkey opens one of the world's biggest suspension bridges on Friday, creating a new link between two continents with the latest megaproject in a $200 billion building spree that President Tayyip Erdogan hopes will secure his place in history. The bridge across the Bosphorus Strait, which divides Asia and Europe, is built in the style of...

  • HAMBURG, Aug 26- German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from its planned merger with Arab rival UASC next year, and realize them fully from 2019, its CEO said on Friday. The company, which swung into the red in the first half of this year as tumbling freight rates hurt its business, signed a...

  • Amazon's plans to disrupt trucking

    CNBC's Morgan Brennan reports tech giant Amazon is building its own delivery infrastructure as e-commerce demand grows and competition heats up in the shipping space.

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