Rail subsidies fall 40% in five years

Train operators’ payments to government have also risen

Ryanair pursues Cyprus Airways takeover

Irish airline is one of 20 interested in the lossmaking carrier

Icahn signals a move on Hertz

Shares fall after cut to earnings expectations

NOL weighs sale of logistics arm

Singaporean container shipping group grapples with overcapacity

Hertz: pain for gain

Car rental group’s problems are never-ending, but optimism endures

Uber hires Obama campaign mastermind

David Plouffe to join driver-hailing service as lobbyist

Rail franchise shortlists released

FirstGroup and Stagecoach well placed to succeed

Maersk: containment strategy

Group reports messy results but has important new ideas

AirAsia has ‘no interest’ in Skymark

Chief executive calls reports of bid for Japanese carrier ‘rubbish’

Maersk targets $1bn share buyback

Robust profits highlight recovery in volumes and cost cuts

Digital revamp is just the ticket

Big airlines must fly beyond legacy GDS technology

Rail fares to rise 3.5% in January

AirAsia weighs bid for struggling Skymark

Shares in Japanese carrier soar 28% on reported Malaysian interest

Call for new body to drive big projects

UK manufacturers seek end to political hurdles

Monarch cuts 1,000 jobs in low-cost focus

Charter flights dropped in favour of short-haul scheduled flying

Concern over state rail operator proposal

Industry warns plan will deter train companies from bidding

AVIC in talks to buy Avolon

Irish aircraft leasing group up for sale

Heathrow protesters vow to fight on

Garden campaigners hail reprieve after bailiffs fail to arrive

Lib Dems plan FOI law for private sector

Water and energy groups and public service contracts targeted

Finnair issues profit warning

Airline warns of competition and Russian sanctions

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