U.S. Secretary of Transportation Pete Buttigieg speaks to the news media during a press briefing at the White House in Washington, U.S., November 8, 2021. Leah Millis | Reuters Transportation Secretary Pete Buttigieg on Wednesday said the administration was ready to dole out $2.9 billion in grants for state and local bridge, road and other […]

Aeroflot Russian Airlines civil jet aircraft produced by Airbus at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Foreign aircraft lessors seeking to recover some $10 billion worth of planes from Russia were dealt another blow Monday when President Vladimir Putin signed a law clearing the country’s airlines to fly the planes domestically. […]

Airline executives will face questions from a Senate panel on Wednesday about flight disruptions and staffing shortfalls despite the $54 billion in taxpayer aid they took to help cover labor costs during the pandemic slump in air travel. The CEOs of American Airlines, United Airlines, Southwest Airlines and Delta’s chief of operations will say the […]

Amtrak is investing $7.3 billion in a new fleet of state-of-the-art trains, including some of its first hybrid-electric powered trains, to modernize its aging fleet and attract more travelers, the company said Wednesday. The company is buying up to 83 new trains that will operate mostly along the Northeast Corridor. They will also run the […]

Americans are expected to spend roughly $4.7 billion on gas during the Friday through Monday of Memorial Day weekend, according to GasBuddy, an app and website focused on finding real-time fuel prices. That breaks down to about $1.18 billion spent on gas each day, give or take $1 million, Patrick De Haan, head of petroleum […]