Travelers wait in line at the Delta Air Lines check-in area at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloom...
Tag: Transportation
Lucid Air Grand Touring Performance debuts with 1,050 horsepower, 446-mile range
With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Electric vehicle maker Lucid is debuting a new edit...
BofA Downgrades UPS, Eight Other Transport Stocks
Fundamentals in the transportation market are deteriorating, and that’s led Bank of America to downgrade nine of the 28 stocks it covers in the sector. Freight-market signals “have turned ...
Jaguar Land Rover and Hitachi are backing this unique battery recycler
Lithium-ion batteries are vital to a lower-carbon future. But they require a lot of energy to produce, especially when it comes to mining and refining the metals. The worldwide lithium battery market ...
Extending Mask Mandate For Airplanes, Public Transportation ‘On The Table’, White House Says
Topline The Biden administration may continue to require Americans to wear masks on public transportation, airplanes and in airports after the mandate runs out next week, as the White House’s Covid-19...
China’s Nio halts EV production as COVID lockdowns disrupt its supply chain
Nio Inc., the China-based electric-vehicle maker, over the weekend warned of delivery delays after suspending production due to COVID-19 restrictions that have disrupted its supply chain. “There will ...
Goldman Sachs, JPMorgan, Delta, TSMC, and Other Stocks for Investors to Watch This Week
Text size Uncredited First-quarter earnings season begins this week, kicked off as always by results from several big banks. JPMorgan Chase reports on Wednesday, followed by Wells Fargo , Goldman Sach...
BofA Securities just downgraded this transportation stock
Shares of United Parcel Service Inc (NYSE: UPS) are down nearly 20% from their high in early February, and the future doesn’t look too bright for the shipping company either, as per Bank of Amer...
JetBlue is cutting its summer schedule to avoid further flight disruptions
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hi...
United pushes back the return of dozens of Boeing 777 jets until at least May 13
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is pushing back the return of dozens of Boeing 777 ...
JetBlue offers flight attendants $1,000 attendance bonuses for spring travel surge
A jetBlue Airways airplane takes off from Newark Liberty Airport on September 30, 2018 as seen from Elizabeth, New Jersey. Gary Hershorn | Corbis News | Getty Images JetBlue Airways is offering flight...
The role of natural gas in the Russia-Ukraine conflict
Natural gas is one of several commodities affected by Russia’s invasion of Ukraine. Prices on the Dutch TTF hub, a European benchmark for natural gas trading, more than tripled between February...
Swoop Inc. – earlier for Dapper Labs and NFT | LA, now Official Transportation partner for Bitcoin Miami Conference
Canadian ultra low cost career, Swoop would be the transportation partner for Bitcoin 2022 Miami beach, earlier served for Dapper Labs and NFT | LA events Planning to join the biggest Bitcoin event gl...
Jeep says its new electric Wrangler SUV concept is as fast as a Tesla
Electric Jeep Wrangler Magneto 2.0 concept vehicle Jeep DETROIT — Jeep has redesigned an all-electric concept version of its flagship Wrangler, as the brand pivots from gas guzzlers to zero-emissions ...
Who loses if JetBlue buys Spirit? Comedians
Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessy | Lightrocket | Getty Images JetBlue‘s surprise $3.6 billion cas...
GM trolls Tesla, changes approach with new ‘supertruck’
GMC Hummer EV Edition 1 Michael Wayland / CNBC PHOENIX – The new electric GMC Hummer pickup is different for General Motors and not just because it isn’t a gas-guzzler like its ancestors. It mar...
Demand drops for used cars but high prices aren’t budging
David Paul Morris | Bloomberg | Getty Images Used-car prices appear to be stuck in high gear, despite slowing consumer demand. Last month, sales of used cars less than 10 years old were down 27% compa...
Another Recession Indicator Just Flashed Red
An index tracking plane, train, and ground transportation stocks has dropped more than 20% from its recent high. Dreamstime.com Text size The Dow Jones Transportation Average slipped into bear market ...
GM expects record year of Chevy Bolt EV sales following fire recall
2022 BOLT EUV Source: Chevrolet DETROIT – General Motors expects sales of its electric Chevrolet Bolt models can rebound from a high-profile recall after several vehicles caught fire to achieve record...
Has The Gas-Powered Vehicle Addiction Finally Reached A Tipping Point?
For anyone who depends on driving for their livelihood and otherwise, passing a gas station on the road adds to a long-running nightmare. As it stands, the average price for a gallon of gasoline in th...
Most Americans Want Mask-Wearing To Continue In At Least Some Places—But Are Split On Public Transportation, Poll Finds
Topline A majority of Americans don’t want mask-wearing to entirely go away and still aren’t getting back to their normal, pre-pandemic lives, a new Kaiser Family Foundation poll suggests—but many are...
Richard Branson hopes to fly with Elon Musk’s SpaceX
Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near...
Why JetBlue is willing to shell out $3.6 billion for discount airline Spirit
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for...
Porsche taking stake in ‘e-fuels’ maker Highly Innovative Fuels Global
A Porsche 911 Carrera 4S stands in the evening light in a drive-in cinema on the circuit of the Leipzig Porsche factory. Jan Woitas | picture alliance via Getty Images DETROIT — Porsche is upping its ...
Cathie Wood’s ARK Snaps Up Nearly $20 Million of UiPath Stock
Text size Cathie Wood’s ARK Innovation ETF purchased 867,331 shares of UiPath on Monday. Courtesy of ARK Cathie Wood’s ARK Innovation exchange-traded fund purchased 867,331 shares of UiPath , th...
NIO Has a Plan to End the Anxiety Over Charging Electric Vehicles
Text size NIO, the Chinese electric-vehicle maker, is in talks to license its battery swapping technology, according to the Financial Times. Hector Retamal/AFP/Getty Images Electric-vehicle sales are ...
Why U.S. consumers suspect gas price gouging — and how much stations actually profit from a gallon of the fuel
Oil company executives will be on the hot seat Wednesday at a House subcommittee hearing as U.S. consumers across the country allege gasoline price gouging at the pump, where drivers last month paid r...
U.S. Car Sales Are in a Recession. One Analyst Is Bullish on GM and Ford Stock.
Text size U.S. car sales have tumbled Dreamstime Inflation is raging and the Fed is tightening monetary policy, creating a cycle that might push the U.S. economy into a recession. That isn’t great new...