2 Emerging Trends in the Transportation Sector
The outlook in the transportation sector is becoming more positive, thanks to some emerging trends.
Beijing tells major oil refiners no more fuel export quota in 2023
The Chinese government has told the country’s major oil refiners not to expect any more fuel export quotas this year, according to people with knowledge…
Ryanair loses top EU court fight over SAS’s pandemic aid
Ryanair Holdings Plc failed to topple the European Union’s approval for Swedish and Danish aid to SAS AB in the latest round of its attack…
Russian oil is trading closer to $100 than the G-7 price cap
Russian oil is continuing to rise, defying an increasingly redundant price cap put in place by the Group of Seven and its allies.
JetBlue sees revenue at low end of outlook, higher fuel costs
JetBlue Airways Corp. issued its second warning in as many months, saying revenue this quarter will come in at the low end of its forecast…
UK seeks aerospace deals in new trade pact with Washington state
The UK will sign a trade pact with Washington state aimed at facilitating aerospace deals with the US, as it seeks to bolster its economic…
Exxon barred from trucking oil from California offshore platform
Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks to ship crude to refineries on shore.
Port of Long Beach President Olvera urges caution on offshore wind
The Port of Long Beach’s newly elected Harbor Commission President Bobby Olvera Jr, also a Vice President in the International Longshore and Warehouse Union (ILWU),…
Ryanair sees Boeing deliveries disrupted into 2024 from defects
Ryanair Holdings Plc said it faces broad delivery delays of the 737 Max aircraft as Boeing Co. deals with the latest supplier glitch afflicting the…
DHL Express introduces sustainable solution for its U.S. aviation operations
Mobile charging carts to power electric ground support equipment, reducing carbon emissions. With a $10M investment, DHL is the first international express package carrier to…
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