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Transportation

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Boeing, other airlines see boost in quarterly profit

Boeing Co. posted a quarterly profit that exceeded expectations and boosted its full-year forecast, helped by a strong recovery in the commercial airplane market, Reuters reported.

The world’s largest aerospace and defense company’s order backlog …

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DART to formally announce transit hub funding

U.S. Sen. Tom Harkin and Congressman Leonard Boswell will join an administrator from the Federal Transit Administration today in announcing a $10 million grant for the Des Moines Area Regional Transit Authority (DART).

DART received …

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Airlines earn nearly $600 million on cancellation fees

U.S. airlines received $593.6 million in revenue from fees charged to passengers canceling or changing reservations in the second quarter, according to a U.S. Department of Transportation Bureau of Transportation Statistics report released Tuesday.

That …

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Chrysler recalls unsafe vehicles

Chrysler Group LLC is recalling 26,397 vehicles, according to Reuters.

The company said a malfunction with the power steering pressure hose might cause steering fluid to leak over a hot engine and cause a fire. …

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DART gets another $10 million for transit hub

The U.S. Department of Transportation has awarded the Des Moines Area Regional Transit Authority (DART) $10 million to continue construction of a new transit hub in downtown Des Moines. In July, a separate $6.5 million …

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Southeast Connector to open by Thanksgiving

Des Moines’ newest downtown bridge and roadway to the East Village should be open by Thanksgiving, a city official said last week.

Given that there have been two major floods in the past three years, …

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Grimes’ decision represents big win for DART


A decision by the city of Grimes last week was a victory for regional transit in Greater Des Moines.

Grimes Mayor Thomas Armstrong sent a letter to the Des Moines Area Regional Transit Authority (DART) …

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Buffett praises China auto company where he has a stake


Billionaire Warren Buffett affirmed his support for BYD Co., saying the Chinese automaker part-owned by his Berkshire Hathaway Inc. will be a leader in electric cars. The stock gained the most since July after the …

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Omaha company buys Iowa ethanol plant


Omaha-based Green Plains Renewable Energy Inc., the fourth-biggest U.S. ethanol producer, has agreed to buy Global Ethanol LLC for $169.2 million. Through this transaction, the company will acquire ethanol plants in Lakota, Iowa, and Riga, …

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Iowa public transportation to receive more than $12 million

Senator Tom Harkin (D-Iowa) announced yesterday that a total of $12,459,306 will go toward improving public transportation from the fiscal year 2010 transportation appropriations bill.

The Iowa Department of Transportation will receive $5 million to …