Transportation

Uber CEO Dara Khosrowshahi called the company’s staggering $5.2 billion loss a “once-in-a-lifetime” hit as he tries to steer it toward profitability.

On the latest edition of “Bright Ideas”, we speak with a pair of entrepreneurs who have a high tech way where it allows people to streamline their commute. Sue Herera reports.

With the CSX railroad company issuing weak guidance, is the transportation sector of the economy hitting a “freight recession”? Frank Holland has more for us.

The CEO of giant East Coast railroad operator CSX is sounding alarm on the U.S. economy as it weighs on the company’s shipping volumes.

A man whose family was killed in the crash of a Boeing 737 Max in Ethiopia in March slammed the manufacturer and told lawmakers at a congressional hearing Wednesday to scrutinize the Federal Aviation Administration, which approved the now-grounded planes two years ago.

FedEx posted better than expected results but fears sales may be hit in the near future with the trade war with China. Frank Holland has more for us.

The transportation industry sector has recently not performing well in the markets. Why is that? Bob Pisani has more for us at the New York Stock Exchange.

Companies that transport goods such as the railroad and trucking business will be greatly affected by the threatening Mexican tariffs. Frank Holland has more for us.

FedEx is set to report earnings after the bell, and it could be a lifeline to this lagging sector.

The Boring Company, Elon Musk’s high-speed tunnel construction company, is planning a major commercial project in Las Vegas. Contessa Brewer reports.SHOW MORE

Some 500,000 nonlocal, for-hire truckers are delivering freight in the U.S., and the industry needs 51,000 more, experts say.

The cost of convenient shipping is starting to catch up with consumers. According to the American Trucking Associations, there’s a shortage of roughly 50,000 truck drivers across the country, and it’s hitting businesses and consumers in the wallet.

The electric vehicle market is tiny, but it’s created some very big questions about the future of gasoline demand. Morgan Stanley analysts Wednesday issued a forecast for global miles driven rising to 32 trillion by 2030, up from 11 trillion currently, with emerging markets a big driver of the growth. They say that forecast is …

Morgan Brennan reports on what the NAFTA negotiations could bring for the transportation industry.

Hyperloop One unveiled nine European routes it could eventually develop for the hyperloop.