Transportation

Oil Prices Will Be Much More Volatile in 2017: IEA

Global oil prices will witness "much more volatility" in 2017 even though markets may rebalance in the first half of the year if output cuts pledged by producers are implemented, the head of the International Energy Agency (IEA) said on Sunday.

Source: Obama DOJ won't push antitrust case against airlines

The Justice Department, which started investigating alleged collusion between the nation's major airlines in mid-2015, will not bring an antitrust case against the carriers before the Obama administration leaves office at the end of next week, according to a person familiar with the situation.

Delta Air Profit Falls 36.5%

Delta Air Lines on Thursday reported a 36.5 percent decline in fourth-quarter profit and forecast passenger unit revenue, a closely watched metric, to be flat to up 2 percent in early 2017.

Chao says private investors can help boost transportation

The Trump administration is looking to "unleash the potential" of private investors to boost the national transportation networks that underpin the U.S. economy, transportation secretary-designate Elaine Chao plans to tell lawmakers at her confirmation hearing Wednesday.

Thousands Stranded at Airport: 'You Feel So Vulnerable'

Thousands of travelers and others at the busy Fort Lauderdale airport during Friday's deadly shooting were kept on lockdown for more than six hours — some reliving their fears through false reports of a second shooting; others stuck on planes, or in their cars awaiting word from loved ones; and many just amassed at the tarmac hoping for a green light to head home.