Transportation

New rail safety rules

Regulators announced new train safety rules following numerous spills and explosions. Morgan Brennan tells us the possible implications for business.

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As California’s four-year drought worsens and water supplies dwindle in the state, an old technology—railroads—could play a role in alleviating some water shortages. “We certainly have that capability today,” said Mike Trevino, a spokesman for privately held BNSF Railway, which operates one of the largest freight railroad networks in North America. “We carry chlorine, for …

Trains vs. trucks

There are two very different earnings stories going on in the transportation sector. Morgan Brennan explains.

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Brooklyn, New York

Want to save money on gasoline? Take the bus—if you can find one. A study of consumer spending by the U.S. Energy Information Administration released Monday finds that households in areas of the country with mass transit systems spend significantly less on gasoline than areas without public transit. Drivers in the South—where relatively few cities …

Curing congestion on the rails

More goods are moving by rail and that’s causing a big headache on the tracks. As Morgan Brennan reports, companies are making big investments to fix the problem.

America’s freight boom

One mode of transportation, used by a wide variety of industries and companies, is growing at a faster pace than all others.

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Delta Airlines plane at LaGuardia airport

This story is developing. Please check back for further updates. Delta flight 1086 from Atlanta to LaGuardia Airport slid off the runway when landing Thursday morning, according to a Federal Aviation Administration official. According to that official, the plane is a McDonnell Douglas MD-88. LaGuardia Airport was closed immediately after the incident occurred. The FAA …

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West Coast docks are paralyzed as employers and longshoremen continued to spat about contracts and congestion problems. There are plenty of losers. Exporters, like farmers and ranchers, can’t get their perishables to Asian markets during the Lunar New Year when demand for fruit and meat is particularly high. And importers large and small are beginning to …

Port disruption costs billions

Goods in cargo containers are stalled at the West Coast ports, disrupting billions of dollars in trade.

Port slowdown costs toymakers

The West Coast port slowdown is weighing on the toy industry.

West Coast ports operations resume

Work resumes at the West Coast ports after the weekend shutdown, but is the damage already done?

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Taxi cab service app Uber has opened a research center in the U.S. to explore new mapping and driving technology – a move analysts believe could eventually mean driverless cars. Uber will set up an Advanced Technologies Center in partnership with Carnegie Mellon University (CMU) in Pittsburgh. “The center will focus on the development of …

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A Maersk Line container ship is unloaded and refueled at the Port of Los Angeles in San Pedro, Calif.

One shipping analyst calls the congestion at ports in Los Angeles and Long Beach the “worst-ever on record.” For months, both shippers and longshoremen have accused each other of intentionally slowing operations to gain leverage in contract negotiations that began last May. Congestion was already building due to more ships, larger ships and a lack …

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UPS shares plunged Friday after the company warned profits for the fourth quarter would come in well less than Wall Street expected. But its competitor FedEx reaffirmed its fiscal 2015 outlook a couple of hours later, saying it expected continued economic growth and cheap fuel. FedEx shares fell 2 percent, while UPS shares fell 10 …

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The Port of Los Angeles

More and more businesses are getting frustrated with the labor and traffic problems on the West Coast. Some 174 industry groups representing agriculture, manufacturing, retailers, and other import/export operations sent a letter Friday to the dockworkers’ union and port terminal operators telling them to get their act together and agree to a contract. “As customers …