Bloomberg Anywhere Bloomberg Professional About Bloomberg


Transportation


Qatar Plans $25 Billion Railway Network, Forms Venture With Deutsche Bahn Qatar, the world’s largest producer of liquefied natural gas, expects the construction of a railway system will cost 17 billion euros ($25.3 billion) as the Persian Gulf state seeks improved transport links with its neighbors.

Boeing May Get $400 Million in Incentives to Build 787 in South Carolina Boeing Co. may get as much as $400 million in incentives to build its new 787 Dreamliner factory in South Carolina, Governor Mark Sanford said in an interview today.

Ford Says It's Investing $2.3 Billion Over Five Years in Brazil Operations Ford Motor Co. said it will spend 4 billion reais ($2.3 billion) to expand in the growing Brazilian market, the largest investment it has made in the country.

Harley Reaches Accord That Would Keep Pennsylvania Plant Open, Trim Jobs Harley-Davidson Inc., the biggest U.S. motorcycle maker, reached a tentative labor agreement that would keep open a York, Pennsylvania, factory while reducing the number of union workers by almost half.

Delta Says AMR-JAL Alliance `Hasn't Been Successful' in Arguing for Switch Delta Air Lines Inc. Chief Executive Officer Richard Anderson said the existing relationship between AMR Corp.’s American Airlines and Japan Airlines Corp. “really hasn’t been successful.”

UPS to Raise 2010 Ground-Delivery Rates by 4.9%, Less Than Boost for 2009 United Parcel Service Inc. will increase ground-shipment rates in 2010 by 4.9 percent, less than this year, amid a drop in volumes at the world’s largest package-delivery company.

Michelin CEO Says 2010 Revenue Unchanged at Best as Analysts Predict Jump Michelin & Cie., the world’s second- largest tiremaker, said revenue is unlikely to increase next year as the global economy remains subdued. Analysts had predicted a 4.3 percent increase, according to 18 estimates.

Buffett Taps JPMorgan, Wells Fargo for $8 Billion Loan in Burlington Deal JPMorgan Chase & Co. and Wells Fargo & Co. are arranging an $8 billion loan for Warren Buffett’s Berkshire Hathaway Inc. to help finance the takeover of railroad Burlington Northern Santa Fe Corp.

Ferrari Recalls Late Nineties F355, 355 F1 Sports Cars to Repair Fire Risk Ferrari, Fiat SpA’s luxury sports- car division, recalled 2,356 F355 and 355 F1 models in the U.S. to fix a potential fuel leak that could set the engines on fire.

Circuit City Business Jet Crash in 2005 Prompts FAA De-Icing Regulation The Federal Aviation Administration is proposing a rule that would require quicker activation of wing de-icing systems in response to the crash of a Circuit City Stores Inc. business jet in 2005.



Sponsored links