Automotive and Transportation News

Wednesday, July 30, 2014

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Shipping Crates Get New 'lease' On Life

Shipping Crates Get New 'lease' On Life

Reuters - Business Video Online (July 25, 2014) Shipping containers have been piling up as America imports more than it exports. Some university students in Washington D.C. are set to get a first-hand lesson in recycling. Their housing is being built using refashioned shipping containers. Lily Jamali reports. Video provided by Reuters
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Raw: Underwater Video of Righted Cruise Ship

Raw: Underwater Video of Righted Cruise Ship

AP (July 15, 2014) The shipwrecked Costa Concordia was successfully refloated Monday in preparation to be towed away for scrapping, 30 months after it struck a reef and capsized, killing 32 people. (July 15) Video provided by AP
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Taking Control of Italy's Cruise Ship Wreck

Taking Control of Italy's Cruise Ship Wreck

AFP (July 15, 2014) Italy's Costa Concordia cruise ship is now floating on its own, thanks to an unprecedented operation. Belgian salvage expert David Fieuw is one of the few to have access to the control room located at the top of striken vessel. Duration: 01:16 Video provided by AFP
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American Airlines Awards GE Aviation-Safran $2.6B Contract

American Airlines Awards GE Aviation-Safran $2.6B Contract

TheStreet (July 14, 2014) A joint venture between GE Aviation and French aviation company Safran has been awarded an order worth $2.6 billion from American Airlines Group. The company, CFM International, has been selected to provide engines for 100 Airbus A320neo aircrafts American Airlines has on order. These are scheduled for delivery in 2017. The American Airlines fleet currently has 375 Airbus and Boeing models fitted with CFM engines. "We are thrilled that American Airlines has again chosen to make CFM an integral part of its long-term fleet strategy," CFM CEO Paul Ebanga said in a statement. This is the latest contract between American Airlines and CFM International, a partnership which started in 1996. TheStreet's Keris Lahiff reports from New York. Video provided by TheStreet
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last updated on 2014-07-30 at 6:59 pm EDT

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