Global airlines set for record revenue with pandemic in past
Global airlines are poised to generate record revenue this year and will extend the gains in 2024 as the industry decisively shakes off the the…
US sanctions show early signs of disrupting Russian oil tankers
US sanctions on a handful of tankers engaged in the Russian oil trade appear to have placed several of the ships in limbo, highlighting the…
UK fraud cops make arrest in fake airplane parts scandal
The UK’s top fraud authorities raided the home of the director at the center of a global scandal over bogus airplane parts and arrested him…
EU proposes three-year delay before EV tariffs hit UK trade
The European Union proposed delaying by three years tariffs on electric vehicles traded with the UK that are set to kick in on Jan. 1,…
Las Vegas rail project backed by Fortress secures $3 billion in federal funding
The proposed $12 billion high-speed rail project backed by Fortress Investment Group connecting Las Vegas to Southern California has won a $3 billion federal grant…
Brazil airline Gol eyes restructuring just months after last overhaul
Gol Linhas Aereas Inteligentes SA plans to restructure its balance sheet yet again as it buckles under a heavy debt load and the high costs…
Ryder signs first customers to multi-year electric vehicle contracts
Land ‘N’ Sea Distributing and Servientrega International Inc. secure new electric cargo vans as part of RyderElectric+
Barker, Pasha and Vokac receive prestigious 54th annual USS Admiral of the Ocean Sea Awards
Three industry trailblazers celebrated at gala event in NYC
Coffee lovers to endure more pain as Vietnam’s crop to fall
The world may get even less coffee from Vietnam, the biggest grower of the robusta variety used in instant drinks and espressos, as a smaller…
Acelen Renewables enters the market with a global-scale energy transition project that targets an investment of over $2.5 billion
Unveiled at COP-28, the energy company will develop renewable fuels using Macaúba - a native Brazilian plant with a high energy potential
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