January 2020 US airline freight data (preliminary)
U.S. airlines carried 0.7% less freight by weight in January 2020 than in January 2019, according to preliminary data filed with the Bureau of Transportation…
Roadrunner announces sale of Stagecoach Cartage and Distribution
Roadrunner Transportation Systems, Inc., a leading asset-right transportation and asset-light logistics service provider, today announced the sale of a Dry Van business unit, Stagecoach Cartage…
US trade deficit narrowed to a three-tear low in February
The U.S. trade deficit shrank in February to the smallest in more than three years as imports declined more than exports ahead of the hit…
Boeing to offer voluntary buyouts to entire staff of 161,000
Boeing Co. will offer voluntary buyouts to its entire staff of 161,000, in a bid to shed costs and adapt the massive manufacturer to a…
Southwest to become second US airline applying for relief
Southwest Airlines Co. intends to apply for federal aid, becoming the second U.S. carrier saying it will seek government assistance after being battered by a…
Oil rebounds on China crude buying and Trump’s diplomatic push
Brent oil surged as China planned to start buying up cheap crude for its strategic reserves, while U.S. President Donald Trump said he thought Saudi…
The virus is bending most markets. Will renewable energy break?
It’s worth watching the disruption playing out in a few corporate sustainability markets to see how bad things will get.
EasyJet Founder escalates fleet row with challenge to board
EasyJet Plc’s founder has called for a shareholder meeting to oust one of the discount airline’s directors, following through on a threat to remove the…
Boeing expected to announce voluntary buyouts to all employees
Boeing Co. is expected to announce voluntary buyouts in a message to its 161,000 employees on Thursday, according to a person familiar with the plans.
Deal shows virus-hit airlines can sell debt but cost steep
A bond deal by South Korea’s biggest airline showed that while carriers pummeled by the coronavirus pandemic can still sell debt, they will need to…
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