Transportation equipment manufacturing

In this May 2, 2013 photo the Liberian-flagged oil tanker Mesdar is seen at an unknown location. British Foreign Secretary Jeremy Hunt confirmed Friday July 19, 2019 that Iran had seized one British, the Stena Impero, and one Liberian-flagged vessel, Mesdar, in the Strait of Hormuz. It was the latest escalation of tension in the strategic waterway that has become a flashpoint in tensions between Tehran and the West. (John Pitcher via AP) MANDATORY CREDIT
July 20, 2019 - 7:04 pm
Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for shipping companies and could eventually reduce tanker traffic in the vital waterway, with a spike in global oil prices a serious risk even without war, energy and maritime...
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Ford CEO Jim Hackett, right, and Volkswagen CEO Herbert Diess participate in a news conference in New York, Friday, July 12, 2019. Volkswagen will sink $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as part of a broader partnership on electric and self-driving vehicles, the companies confirmed Friday. (AP Photo/Seth Wenig)
July 12, 2019 - 2:49 pm
NEW YORK (AP) — Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as the automakers who were once rivals deepen their partnership to develop driverless and electric vehicles in an ultra-competitive landscape. The two automakers will become...
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FILE - In this file photo dated Thursday, March 28, 2019, the Ford Motor company logo at the auto show in Denver, USA. Carmaker Ford said Thursday June 27, 2019, it is shedding 12,000 jobs in Europe as it streamlines operations in the region to increase profitability. (AP Photo/David Zalubowski)
June 27, 2019 - 8:14 am
FRANKFURT, Germany (AP) — Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job cuts are part of a broad restructuring at Ford that...
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In white cap and gown a graduating senior walks to the graduation ceremonies at Paradise High School in Paradise, Calif., Thursday June 6, 2019. Most of the students of Paradise High lost their homes when the Camp Fire swept through the area and the school was forced to hold classes in Chico. The seniors gathered one more time at Paradise High for graduation ceremonies. (AP Photo/Rich Pedroncelli)
June 07, 2019 - 3:30 am
PARADISE, Calif. (AP) — Paradise these days is surrounded by piles of crumpled garage doors and melted ovens. The roads teem with dump trucks and most street corners are clogged with signs advertising debris removal services or pleas to identify unclaimed pets. But Thursday night — six months after...
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FILE - In this Aug. 24, 2005, file photo, U.S. Sen. Thad Cochran, R-Miss., speaks to a reporter in Jackson, Miss. Seven-term Republican Sen. Thad Cochran, who used seniority to steer billions of dollars to his home state of Mississippi, died Thursday, May 30, 2019. He was 81. (AP Photo/Rogelio Solis, File)
May 30, 2019 - 3:26 pm
JACKSON, Miss. (AP) — Republican former U.S. Sen. Thad Cochran, who served 45 years in Washington and used seniority to steer billions of dollars to his home state of Mississippi, has died. He was 81. Known as the "Quiet Persuader" for his gentlemanly manner, Cochran cultivated loyalty and respect...
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FILE - In this March 5, 2018, file photo, a Vietnamese passenger boat sails past U.S. aircraft carrier USS Carl Vinson as it docks in Danang bay, Vietnam. A U.S. sailor has pleaded guilty to espionage and sentenced to three years after admitting he took classified information about a Navy's nuclear-powered warship and planned to give it to a journalist and then defect to Russia officials said Friday, May 24, 2019. Jeff Houston of the Naval Criminal Investigative Service or NCIS said that U.S. Navy Petty Officer 2nd Class Stephen Kellogg III wished to publish an expose on waste within the military and admitted he wanted to share the information with Russians. Kellogg, who joined the Navy in 2014 served aboard the USS Carl Vinson from 2016 to 2018. (AP Photo/Hau Dinh, File)
May 24, 2019 - 4:18 pm
SAN DIEGO (AP) — A U.S. sailor has pleaded guilty to two counts of espionage and was sentenced to three years after admitting he took classified information about the Navy's nuclear-powered warships and planned to give it to a journalist and then defect to Russia, officials said Friday. U.S. Navy...
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FILE - In this May 14, 2019 photo, Senate Minority Leader Chuck Schumer, D-N.Y., speaks to reporters at the Capitol in Washington. The Senate's top Democrat wants an investigation into whether a plan for new subway cars in New York City designed by a Chinese state-owned company could pose a threat to national security. Schumer said in a statement to The Associated Press on Sunday, May 19 he's asked the Commerce Department to conduct a "top-to-bottom review" after CRRC won a design contest for new subway cars in New York City. The company hasn't won a contract in New York, although it has been awarded contracts for new rail cars in Los Angeles, Chicago, Boston and Philadelphia. (AP Photo/J. Scott Applewhite, File)
May 19, 2019 - 12:51 pm
WASHINGTON (AP) — The Senate's top Democrat is calling on the federal government to step in and investigate whether a plan for new subway cars in New York City designed by a Chinese state-owned company could pose a threat to national security. Sen. Charles Schumer of New York said in a statement to...
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May 02, 2019 - 3:52 pm
WASHINGTON (AP) — China's first domestically built aircraft carrier is likely to enter into service this year, marking another advance in Beijing's ability to project influence well beyond its shores, the Pentagon said Thursday in an updated assessment of Chinese military power. The report to...
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April 23, 2019 - 7:41 pm
PASCAGOULA, Miss. (AP) — A Mississippi shipyard won a $746 million contract Tuesday to design and build the first of what could be three heavy polar icebreakers for the U.S. Coast Guard. The U.S. Navy's Naval Sea Systems Command awarded the contract to VT Halter Marine of Pascagoula, choosing...
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April 15, 2019 - 12:25 pm
WASHINGTON (AP) — Federal lawmakers say they'll approve badly needed funding for Washington's transit system, but only if it avoids buying new rail cars from China. The Washington Post reported Saturday that U.S. Senators from Virginia and Maryland proposed the idea in new legislation. It reflects...
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