Transportation

Uber is expected to seek a valuation of $80 billion to $90 billion when it begins trading.

Five international investors are bidding for a 35-year concession to operate the main ?irport in the Bulgarian capital of Sofia.

An Italian ferry carrying 250 passengers and 92 crew members has experienced technical problems while on its way to the Croatian port of Split on the Adriatic coast.

The Middle East's biggest airline, Emirates, says profits were down almost 70% in the past fiscal year, reaching lows of $237 million, compared to last year's whopping $762 million.

NYSE Chief Operating Officer John Tuttle on Uber's market debut.

The “Big Boy” locomotive, developed in the 1940s as the world’s largest steam-powered engine, returned to the rails to commemorate the creation -- and construction -- of a rail system from the Atlantic to the Pacific.

Marathon Petroleum Corp. is merging two of its oil and gas pipeline, transportation and storage operations for $9 billion.

A nearly 80-year-old steam locomotive has been restored and is back on the tracks in the American West to help celebrate the 150th anniversary of the Transcontinental Railroad.

Lyft posted a $1.1 billion loss in its first quarter, hit by stock-based compensation charges due to its initial public offering.

The utility blamed for a series of natural gas explosions in Massachusetts in September has agreed to pay $80 million to three communities to cover the costs of repairing roads and other infrastructure torn up during restoration efforts.