A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty...
Tag: Transportation
Nikola (NKLA) earnings Q1 2022
Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it shipped its first semitrucks to customers in April, and that it now has purchase orders and letters...
SpaceX adds $25 portability monthly fee for Starlink service
Elon Musk’s SpaceX rolled out a $25 monthly fee this week for customers who seek to relocate their Starlink internet service satellite dishes. “Portability enables customers to temporarily...
Airbus posts profit, plans new jet assembly line in Alabama
Airbus said Wednesday that its profit in the first three months of 2022 more than tripled to 1.22 billion euros ($1.28 billion), helped by an increase in aircraft deliveries as airlines recover from t...
FAA to boost Florida air traffic controllers, work with airlines to avoid disruptions
American Airline planes sit on the tarmac at Miami International Airport (MIA) in Miami, Florida, on February 2, 2022. Daniel Slim | AFP | Getty Images The Federal Aviation Administration said Wednesd...
Lucid, Nikola, Fisker report as Wall Street eyes production
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...
Ford reports smaller sales decline in April while chip shortage weighs on supply
Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT – Ford Motor on We...
Rocket Lab CEO touts helicopter catch of rocket as key toward reusable goals
The Electron booster comes into view of the company’s helicopter for the catch. Rocket Lab Rocket Lab CEO Peter Beck heralded the company’s first attempt on Monday to catch its Electron ro...
Competitive contracts are making space exploration cheaper
The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA The head of the National Aeronautics and Space Administration on Tuesday discussed a dramatic shift in how the agency plans ...
Southwest offers free Wi-Fi on some flights to test service upgrades
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines will temporarily offer travelers free Wi-Fi on certain flights starting this week, part of a test to bring faster internet to more cu...
Watch Rocket Lab attempt rocket booster catch with helicopter
[The company’s livestream is slated to begin at 6:05 p.m. ET. Please refresh the page if you do not see the video player above.] Space company Rocket Lab on Monday will attempt to catch the boos...
Stellantis plans $2.8 billion EV overhaul of Canadian factories
Flag with the Stellantis logo on the front entrance to FCA’s Mirafiori plant on January 18, 2021 in Turin, Italy. Stefano Guidi | Getty Images Auto giant Stellantis will invest about $2.8 billio...
White House announces $3.1 billion for U.S. EV battery manufacturing
U.S. President Joe Biden gestures after driving a Hummer EV during a tour at the General Motors ‘Factory ZERO’ electric vehicle assembly plant in Detroit, Michigan, November 17, 2021. Jona...
150,000 using SpaceX’s Starlink in daily average
A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter Elon Musk’s SpaceX is continuing to expand its Starlink satell...
Biden starts $3 billion plan to boost battery production for EVs
U.S. President Joe Biden delivers remarks about climate change and protecting national forests on Earth Day at Seward Park in Seattle, Washington, April 22, 2022. Jonathan Ernst | Reuters The Biden ad...
Detroit rivalry remains even as GM, Ford and Stellantis take on Tesla
Ford CEO Jim Farley speaks at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. The F-150 Lightnin...
Airlines face big rebooking challenges this summer
Airline passengers, some not wearing face masks following the end of Covid-19 public transportation rules, sit during a American Airlines flight operated by SkyWest Airlines from Los Angeles Internati...
Can I live without it?
A pedestrian carries shopping bags in the Herald Square area of New York, U.S., on Wednesday, April 13, 2022. Calla Kessler | Bloomberg | Getty Images Sandy Magny plans to take her teenage daughter to...
Amazon and Ford Have a Big Problem They Can’t Control
Amazon (AMZN) – Get Amazon.com, Inc. Report and Ford (F) – Get Ford Motor Company Report operate in two different sectors. The first is in online commerce, streaming, sport and, above a...
Is There A Road To More Climate-Friendly Trucking?
Transportation is the single largest source of US greenhouse gas emissions Graph from EPA In order to seriously address climate change there will need to be major changes in the US transportation sect...
FAA delays environmental decision on SpaceX’s Starship launches to May
SpaceX’s Starbase facility in Boca Chica, Texas. Michael Sheetz | CNBC The Federal Aviation Administration for a fourth time delayed its environmental review of SpaceX’s Starship rocket pr...
The Cruise Crowd Is Back, Even if Investors Aren’t. Here’s Why It May Be Time to Take a Plunge.
Few sectors absorbed as much pain as the cruise industry during the pandemic, which shut down sailing operations in the U.S. from March 2020 through last June. Shares of the big three cruise operators...
Autos CEO warns of battery supply scarcity as EV competition heats up
In 2021, Volvo Cars said it planned to become a “fully electric car company” by the year 2030, a move which will require it to have a consistent and secure supply of batteries for its vehi...
What Ford, a 9-to-5 workweek pioneer, is learning about hybrid work
Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021. Aaron J. Thornton | Getty Images After several setbacks and delays due to the Covid-19 pandemic, Ford Motor Co. finally s...
Why diesel prices are driving up the cost of everything
Consumers notice spiking gasoline prices every time they drive to the pump. But energy industry analysts say the current spike in diesel prices is historic — and is pushing up the cost of all kinds of...
Southwest Airlines 2022 profit forecast sees bookings, fares outpacing costs
A Southwest Airlines jet lands at Midway International Airport on January 28, 2021 in Chicago, Illinois. Scott Olson | Getty Images Southwest Airlines reiterated its forecast for second-quarter and 20...
Opinion: Berkshire and Buffett have 5 words for sellers who want their money: ‘Take it or leave it’
As fans flock this weekend to Omaha, Neb. for Berkshire Hathaway’s annual shareholders meeting hosted by Chairman and CEO Warren Buffett, you may be wondering what all the fuss is about. The answer: ...
Ford cuts 580 U.S. salaried, agency workers as it restructures for EVs
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT – Ford Motor is cutting 58...
These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.
A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...