Transportation

  • January 30, 2014

    Ex-DHL Drivers Want FCA Whistleblower Claims Revived

    Two former DHL Express USA Inc. delivery drivers on Thursday asked a California appeals court to revive their whistleblower claims alleging the courier fraudulently overcharged the state for deliveries, saying a lower court erred in finding that federal law preempted their suit.

  • January 30, 2014

    Brazil's GranEnergia Lands $150M Financing For Oil Vessel

    International lenders Mizuho Bank Ltd. and Itau BBA International PLC have put up about $150 million in financing for Brazilian oil and gas logistics company GranEnergia to buy a new vessel for operations at the offshore oil and gas field known as the Campos Basin.

  • January 30, 2014

    Delta Atty Bashes DOJ Settlement In $17B Airline Merger

    An attorney for Delta Air Lines Inc. on Thursday sharply criticized the U.S. Department of Justice’s settlement agreement to clear the $17 billion merger of US Airways Group Inc. and American Airlines, asserting that the deal does not go far enough to preserve competition.

  • January 30, 2014

    Deals Rumor Mill: OneWest, Mitsubishi, CVC Capital

    OneWest could find itself at the center of one of the biggest banking industry deals in recent years, while CVC Capital stands poised to snag a piece of one of the most prominent software makers in the antivirus market.

  • January 29, 2014

    Calif. Justices Send Bullet Train Case To Appeals Court

    The California Supreme Court on Wednesday declined to consider a petition by Gov. Jerry Brown’s administration challenging two rulings that came down against the state’s planned $68.4 billion high-speed rail project, transferring the matter to a lower state appellate court for expedited review.

  • January 29, 2014

    ITC To Probe Spansion's 'Nonvolatile' Memory Imports

    The U.S. International Trade Commission announced Wednesday that it will launch an investigation into “nonvolatile” memory chips used in, among other things, automotive components and network gateway systems, based on a patent infringement suit filed with the ITC by Taiwan-based Macronix International Co. Ltd. against Spansion Inc.

  • January 29, 2014

    American Tire To Shell Out $310M For Hercules Tire

    American Tire Distributors Holdings Inc. said Wednesday it will buy rival Hercules Tire & Rubber Co. for about $310 million, in a deal that combines two giants in the replacement tire industry.

  • January 29, 2014

    Proposed Calif. Car Tax Amendment Stalls

    Supporters of a California ballot proposal that would impose a 1 percent property tax on all vehicles registered to the state have dropped the effort, saying Tuesday they've encountered difficulty in getting the public to back the measure.

  • January 29, 2014

    Deals Rumor Mill: Sprint, AT&T, Lenovo

    Sprint has run into regulatory troubles with its potential acquisition play for smaller rival T-Mobile, while AT&T continues to circle Vodafone despite promising to back off prospective acquisition plans for at least six months.

  • January 29, 2014

    AfDB To Put $217M Toward 2 Projects In Kenya

    The African Development Bank will put $217 million toward two projects in Kenya, the bank said Monday, as part of its continued commitment to solidifying infrastructure in the country and promoting inclusive growth and green economies throughout Africa.

  • January 29, 2014

    American Airlines Escapes Baggage Fee Class Action

    A federal judge in Washington state on Tuesday threw out a proposed class action against American Airlines Inc. over its alleged failure to reimburse baggage fees for lost luggage, finding that the plaintiff had neglected to file a claim in the company’s recently concluded bankruptcy case.

  • January 28, 2014

    Judge Puts Brakes On Avis Bid To Decertify Manager OT Suit

    A New Jersey federal judge refused to decertify an overtime wage collective action brought against Avis Budget Car Rental LLC, rejecting arguments from the rental car company that the shift managers bringing the suit performed job duties that were too dissimilar to maintain collective status.

  • January 27, 2014

    Ford Truck Dealers Ask Supreme Court To Revive Suit

    A group of 11 former Ford Motor Co. heavy-duty truck dealers who alleged the auto company breached their contracts when it stopped manufacturing certain trucks and parts asked the U.S. Supreme Court on Wednesday to resurrect their dispute, saying the lower court used false information to reach its decision.

  • January 27, 2014

    Bankrupt Global Aviation Cleared For Auction

    A Delaware bankruptcy judge on Monday gave Global Aviation Holdings Inc. the green light Monday to proceed with its sale plan, approving the charter air service provider's call for a March auction with a unit of private equity firm Cerberus Capital Management LP as a stalking-horse bidder.

  • January 27, 2014

    NYC Transit Agency Hikes Price Tag On Grand Central Project

    The long-awaited Long Island Rail Road access to Grand Central Terminal in Manhattan may take longer to complete and cost more than expected, Metropolitan Transportation Authority officials reported at a board committee meeting Monday.

  • January 27, 2014

    NJ Transit Hit With Racial Discrimination Class Action

    Six African-American current and former employees of New Jersey Transit have launched a putative class action accusing the public transportation agency of allowing widespread racial discrimination in promotions, pay and discipline.

  • January 27, 2014

    Uber Sued Over Death Of 6-Year-Old Girl

    The family of a six-year-old girl killed by a car operated by a driver working for Uber Technologies Inc. sued the company and its affiliates in San Francisco Superior Court on Friday, alleging Uber’s system of requiring drivers to use the mobile app while driving was responsible for the fatal incident.

  • January 27, 2014

    Honeywell Escapes $250M Software License Fee FCA Suit

    A California federal judge on Monday dismissed a False Claims Act suit alleging Honeywell International Inc. fraudulently charged licensing fees for software used on a range of military aircraft and tanks, finding the government couldn’t prove Honeywell acted with scienter.

  • January 27, 2014

    United Says Sony's In-Flight Music IP Claims Don't Fly

    United Airlines Inc. urged a New York federal court Friday to pare state law claims from a Sony Corp. unit's suit accusing the airline of ripping off thousands of songs and music videos, arguing that states don't have the authority to regulate in-flight services.

  • January 27, 2014

    Justices Want SG's Take On Railroad's Fuel Tax Challenge

    The U.S. Supreme Court on Monday asked the solicitor general to weigh in on whether Alabama's 4 percent diesel fuel tax is discriminatory against rail carriers, delaying the state's bid to finally settle a nationwide split among circuits on the issue.