John's Feed
Feb 16, 2012

US seeks limits on electronic driver distractions

WASHINGTON, Feb 16 (Reuters) – The Obama
administration wants limits on vehicle features that allow
drivers to text and make cellphone calls while the car is
moving, the centerpiece of a broader effort to curb distracted
driving.

Transportation Secretary Ray LaHood proposed voluntary steps
for automakers on Thursday that would establish new safety
criteria for hands-free calling, navigation, and entertainment
systems that have become common in new cars and trucks.

Feb 16, 2012

Limits sought on vehicle electronics

WASHINGTON (Reuters) – The Obama administration wants automakers to put limits on vehicle technologies that permit texting and cellphone calling when a car is moving, as part of a broader effort to stop driving behaviors that could be distracting and cause crashes.

Transportation Secretary Ray LaHood proposed voluntary steps on Thursday that would establish new safety criteria for hands-free calling, navigation, and entertainment systems that have become common in new cars and trucks.

Feb 16, 2012

U.S. seeks limits on vehicle electronics

WASHINGTON (Reuters) – The Obama administration wants automakers to put limits on vehicle technologies that permit texting and cellphone calling when a car is moving, as part of a broader effort to stop driving behaviors that could be distracting and cause crashes.

U.S. Transportation Secretary Ray LaHood proposed voluntary steps on Thursday that would establish new safety criteria for hands-free calling, navigation, and entertainment systems that have become common in new cars and trucks.

Feb 15, 2012

US House transportation bill stumbles; Obama threatens veto

WASHINGTON, Feb 14 (Reuters) – Republican leaders
approved procedural steps on Tuesday to prevent a $260 billion
transportation bill from disintegrating in the House of
Representatives as the White House threatened to the veto any
final measure that did not include major changes.

Speaker John Boehner and his lieutenants, concluding they
did not have enough support within their own ranks to ram the
bill through the chamber, decided to break the proposal into
three pieces and vote on each separately.

Feb 14, 2012

House Republicans look to amend highway bill

WASHINGTON (Reuters) – Republican leaders in the House of Representatives will consider removing a contentious funding provision in a multi-year $260 billion transportation bill in a bid to ensure its passage in the chamber.

With no Democratic support in sight and enough Republicans balking at the provision because of an unpopular change in transit construction funding, Republican leadership prepared to open the floor to amendments this week.

Feb 10, 2012

BMW North America agrees to $3 mln safety fine

WASHINGTON, Feb 10 (Reuters) – BMW North America will
pay a $3 million fine to settle U.S. government allegations that
it failed to promptly notify auto regulators about safety
defects and recalls.

The National Highway Traffic Safety Administration said on
Friday that it found a number of disclosure violations related
to 16 investigations of 2010 recalls affecting more than 338,000
passenger vehicles and motorcycles.

Feb 3, 2012

Spirit Airlines names fare hike after Transportation Department

WASHINGTON (Reuters) – Commercial airlines often complain about government rules and at times seek to change them, but Spirit Airlines has created turbulence in Washington in response to a new mandate by naming a $2 fare hike after the U.S. Department of Transportation.

The low-fare carrier, which has tangled with regulators in the past, struck at the Obama administration after new rules requiring greater transparency in industry fare advertisements took effect last month.

Jan 31, 2012

US agency: AMR will seek to end worker pensions

Jan 31 (Reuters) – The U.S. Pension Benefit Guaranty
Corp, which has responsibility for insuring certain benefits
under private defined benefit pension plans, said on Tuesday it
believes American Airlines will seek to terminate employee
pensions in bankruptcy.

The agency said it filed a $92 million lien against American
parent AMR Corp (AAMRQ.PK: Quote, Profile, Research) for the balance of unpaid pension
plan contributions. It added that the lien was applied to AMR
assets outside the United States, mainly in Latin America.

Jan 26, 2012

United, JetBlue profits beat; fare increases help

By Kyle Peterson and John Crawley

(Reuters) – United Continental Holdings (UAL.N: Quote, Profile, Research, Stock Buzz) and JetBlue Airways(JBLU.O: Quote, Profile, Research, Stock Buzz) posted stronger-than-expected quarterly earnings and increased revenue, underscoring an industry recovery helped by higher fares and restrained capacity.

The profits, reported on Thursday, follow those posted in recent days by Delta Air Lines (DAL.N: Quote, Profile, Research, Stock Buzz), US Airways Group (LCC.N: Quote, Profile, Research, Stock Buzz) and Southwest Airlines (LUV.N: Quote, Profile, Research, Stock Buzz).

Jan 26, 2012

United, JetBlue post profits on revenue gains

Jan 26 (Reuters) – United Continental Holdings (UAL.N: Quote, Profile, Research)
and JetBlue Airways(JBLU.O: Quote, Profile, Research) posted higher-than-expected
quarterly earnings and increased revenue, underscoring an
industry recovery helped by higher fares and restrained
capacity.

The profits, reported on Thursday, follow those
posted in recent days by Delta Air Lines (DAL.N: Quote, Profile, Research), US Airways
Group (LCC.N: Quote, Profile, Research) and Southwest Airlines (LUV.N: Quote, Profile, Research).