Passenger Ground & Sea Transportation

Falling crude prices boosted airline and travel stocks, and the Dow closed higher. As more tankers are expected to leave the Strait of Hormuz, oil prices have?fallen?to the lowest level since the beginning of the Iran War. Donald Trump, the U.S. president, said that Iran told Washington there were no tolls being collected. S&P 500 passenger airline index rose 5.2%, while Expedia Group and Booking Holdings also saw gains. The tech stocks fell, causing the focus to shift towards Micron Technology's earnings after the bell. The stock is up more than 200% since?2026, but it closed Wednesday's trading down 0.3%....

The Nasdaq, S&P 500 and Dow closed lower on Tuesday, with tech stocks being the main drag. As more tankers are expected to leave the Strait of Hormuz, oil prices have fallen to their lowest levels since the beginning of the Iran War. U.S. president Donald Trump claimed that Iran told Washington there were no tolls being collected. The S&P 500 index of passenger airlines rose. The tech?stocks fell, causing the focus to shift towards Micron Technology's results after the bell. The stock is up more than 200% in 2026, but it fell on Wednesday. Cerebras Systems fell after the...

A spokesperson announced on Wednesday that ships have started sailing through the 'Strait of Hormuz' under a new scheme by the U.N.'s shipping agency in order to evacuate vessels trapped there by the conflict. International Maritime Organization announced on Tuesday that the initiative, which took months to complete, would allow hundreds of ships and 11,000 seafarers stranded at the Gulf of Mexico to pass through Hormuz. A spokesperson for the IMO said that "ships have already started to pass under this plan", refusing to give any details about the vessels that have crossed. LSEG ship-tracking data showed that at least...

A spokesperson for the U.N. shipping agency said that ships have already passed through 'the Strait of Hormuz' under a newly-launched evacuation scheme. A spokesperson for the International Maritime Organization (IMO), a U.N. agency, said that "ships have already started to pass under the plan." He declined to give any 'details' on the ships that had passed. LSEG's ship tracking data revealed on Wednesday that two dry -bulk ships, and one cargo -ship, have sailed through Hormuz in the past 12 hours. According to LSEG & MarineTraffic'ship tracking data' based on an analysis of ship movement, at least 35 commercial...

Shipping data and sources indicate that oil tanker operators have made record profits this week after almost doubling the cost of hiring vessels to travel through the Strait of Hormuz or the wider Gulf region. This is due to the increasing demand for the waterway as it slowly begins to pick up. The strait's traffic has been relatively low since Iran lifted the effective blockade after agreeing on a 60-day truce with the U.S. last week. Meanwhile, talks are continuing to reach a permanent agreement to end the war. The number of vessels passing through Hormuz has dropped to a...

The United States and Iran signed a ceasefire agreement on Friday, and Gulf producers are preparing to increase exports in spite of concerns about the conditions set by Tehran. Washington and Tehran have released the text for an interim agreement that was signed on Wednesday, to end the conflict. Donald Trump has warned that he will resume his attacks and "target Iranian officials" if the commitments made are not kept. MarineTraffic reports that at least four tankers with crude oil, oil products, and liquefied gas headed for Iraqi Gulf port entered the strait Friday. After being delayed by war, a...

A World Cup bus caught fire and a teenager was wounded by a gunshot in chaotic scenes that broke out in Midtown Manhattan late Saturday night as basketball fans poured onto the streets to celebrate the historic victory of the New York Knicks in the NBA Finals. After spilling from packed bars and outdoor venues and chanting, "Knicks in Five!" some fans fired smoke grenades and set off fireworks. Fans celebrate their team's win in the fifth of seven possible games by setting off fireworks and firing smoke grenades. The New York Knicks are yet to win a championship since...

For some North American rail and bus operators, the 2026 World Cup will be their biggest audition. Some ground transportation companies are warming up for a new audience. With gasoline and airfare prices on the rise, long airport security lines, 104 World Cup games in 16 cities across four time zones, in the United States and Canada, they say that they want to win the hearts of this new audience. Conan Cheung is the chief operations officer of LA Metro, which operates the public transport system in the Los Angeles area. This event will show visitors from abroad that California...

Russia accused Ukraine on Wednesday of killing eight civilians in a drone attack on a passenger bus travelling through a Russian-controlled part of eastern Ukraine's Donetsk Region. Denis Pushilin said that the Ukrainian drone struck the bus as it stopped in the settlement of Yenakiievo, Donetsk to pick up passengers, on its route from Moscow to Simferopol, in Russia-controlled Crimea. In a statement, he claimed that Kyiv forces had "committed another act of unprecedented inhuman aggression." The?Ukraine, which like Russia denies targeting civilians, did not immediately comment. 53 people were registered for the bus. Russian investigators have opened a criminal...

The driver of a tour bus has been charged with manslaughter for the deaths?of five people?in a chain-reaction accident?that was triggered?when the motor?coach ploughed into slower moving traffic?in a highway construction area?. Jing Sheng Dong (48), a Staten Island resident from New York was charged with two felony counts of unintentional manslaughter the following day, on Saturday. A grand jury at the 'Stafford County Circuit Court' indicted Jing Sheng Dong on Monday for three additional counts of manslaughter and a misdemeanor charge. Dong is still in hospital for his injuries sustained in the pileup crash that occurred on Interstate 95...

State police reported that five people died and over 40 were injured, including three critically, when a tour vehicle plowed into a sport-utility vehicle on a U.S. highway in Northern Virginia early Friday morning, triggering a chain reaction crash. Police said that a preliminary investigation revealed that the driver of the motor coach failed to slow down as it approached slower traffic in an area where construction was taking place along Interstate 95. This is a major highway corridor running north-south through the region. The bus then slammed a Chevrolet Suburban into another vehicle, and the Acura SUV. According to...

In an office in Utah, hundreds of Tesla employees scrutinize the video footage collected by cars using the Full Self-Driving feature (FSD). In some clips, the cars are shown hitting deer or cats. Other clips show more common accidents. They sometimes don't stop before hitting. They speed up a lot. Sometimes, workers witness children playing on the street. These Tesla staffers, also known as "data labels," train the AI-powered Tesla driver-assistance system. They note incidents of good driving and bad driving, and report problems to engineers who are working to improve the software. Elon Musk, Tesla's CEO, says that FSD...

In a London court document, the Baltic Exchange defended the flagship oil 'tanker benchmark' saying that it accurately reflected the market conditions during the U.S. - Israel conflict with Iran, despite the?disruption of the Strait of Hormuz. The benchmark is used to 'price and settle billions in freight trades around the world. Its reliability is at issue with Mercuria, one of the largest commodity traders in the world, who claims it has mispriced market. Mercuria filed a court document on April 30 stating that it was suing the Baltic Exchange for losses caused by incorrect pricing data. The company claimed...

Shipping data shows that three stranded oil tankers, each carrying 5 million barrels of crude oil, left the Strait of Hormuz Wednesday. Two of them were headed to Asia. The interim agreement between Iran and the U.S. has released more supply?stuck?in the Gulf, which is bringing down?global?prices. Data from LSEG & Kpler revealed that the VL Breeze (flagged South Korean) is a Very Large Carrier, carrying 2,000,000 barrels of Qatari Condensate & Abu Dhabi Crude. It has passed through the strait on its way to Daesan. The supertanker was chartered by South Korean refiner Hyundai Oilbank. The data revealed that...

The United Nations shipping agency announced on Tuesday that an evacuation plan is in place to allow hundreds of ships with 11,000 seafarers stuck?in?the Gulf to sail through the Strait of Hormuz. This follows the agreement between Iran and the U.S. to end hostilities. A spokesperson for the United Nations said, "We've started to contact the ships in order to begin the evacuation." The International Maritime Organization's (IMO) spokesperson said that the evacuation would begin as soon as possible. The IMO stated that it had?secured the necessary safety assurances and verified conditions for safe sailing. In a press release, IMO...

Ship-tracking data shows that two stranded supertankers crossed the Strait of Hormuz Tuesday. Seven empty Qatari-linked liquefied gas tankers entered the Strait in recent weeks, a sign that Gulf gas shipping may be returning. Data showed that Iranian-linked tanks continued to pass through 'the 'vital waterway. Traffic increased on Monday, as U.S.Iran talks advanced. The flow of traffic had decreased ahead of the U.S.-Iran talks, amid Trump's threats to restart the conflict and Tehran's announcement that it had once again closed the Strait. A day after the first round of negotiations, which started on Sunday, both parties agreed on a...

Boris Pistorius said that Germany is deploying two ships in the Red Sea to prepare for a possible military mission in Strait of Hormuz. After U.S. president Donald Trump signed an agreement with Iran that ended a war which has disrupted the global energy supply, officials from the shipping and insurance industries called for the immediate deployment of mine-clearing ships to the Strait. As we speak, the?minesweeper Fulda is sailing through the Suez Canal to the Red Sea," Pistorius said as he arrived in Brussels for a meeting of his NATO counterparts. Pistorius did not specify a timeline, but said...

The U.S. Indo-Pacific Command announced on Friday that U.S. forces had seized the stateless sanctioned oil tanker Davina in the Indian Ocean overnight. Washington has placed a sea blockade against Iran, while Tehran has fired at ships to stop them from?sailing? through the Strait of Hormuz and entering the Middle East Gulf. In recent months, U.S. forces intercepted "multiple commercial and petroleum tankers" in the Indian Ocean. Indo-Pacific Command posted on X that "we will continue to enforce global maritime law to?disrupt illegal networks and 'interdict vessels providing materials support to Iran wherever they operate". According to data from ship...

The public transport organizer said that a self-driving?bus made by Turkey's Karsan, was hit?from behind?by a tram in Gothenburg, Sweden?on Monday, only?anhour after it started carrying paying passengers. "The bus braked, and the?tram hit it," said Patrik chi, a spokesperson for Vasttrafik. Vasttrafik is a company owned by a regional authority that oversees public transport. Chi says that the collision caused no injuries. It raises 'questions' about the integration of 'autonomous vehicles? in urban traffic, at a time when Gothenburg is launching a yearlong trial of autonomous public transportation using Karsan’s eATAK bus. Karsan didn't immediately reply to a comment...

The crew of the tanker gathered courage and navigated carefully along the route designated by Iran. They hugged the coast and manoeuvred their massive vessel between island checkpoints in the Strait of Hormuz. Agios Fanourios 1, a 330 metre long vessel, loaded with Iraqi crude and bound for Vietnam had been bottle-?up near the coast of Dubai, since late April. On May 10, the tanker set out for the Strait of Hormuz after an agreement with Iran, overseen by Iraq’s Prime Minister. The Iranian orders to the tanker are part of the complex multi-tiered system that Iran has used for...

Fuel prices are soaring in Somalia’s capital due to disruptions in oil shipments linked to the conflict with Iran. Many drivers in Mogadishu claim that they cannot keep their three-wheelers running because of the rising fares. Due to the conflict, around one-fifth of all oil and natural gas liquefied is now being shipped via the Strait of Hormuz. This has left African nations exposed and with rising fuel and food prices. There are no passengers. People walk or stay at home. "We raised the fares because of fuel price increases," Hasan Suleiman said in Mogadishu. The city is a small...

Sonangol Marine Services, a U.S.-based representative of Sonangol Marine Services, said that the hull of the Bahamas flagged crude tanker Sonangol Namibe was likely to have been breached following a blast when it was anchored near Iraq’s Khor al Zubair Port. A small vessel unknown approached the vessel on March 5 at 1200 local time. Sonangol Marine Services issued a statement saying that "the'small boat' approached the port-side of the tanker and a loud boom was heard a few moments later." The crew reports that the port ballast tank is leaking water, which indicates some type of hull rupture. However,...

The doors of the blue-and white trams creak as they rattle into the large square at the center of Alexandria. Many passengers can recite each stop off by heart. But the clatter of single and double-deck trams along this century-and-a-half-old ?line - a source of civic pride and transport alike for tens of thousands of daily commuters ?in Egypt's ?second city - is soon to be stopped. Next week, the authorities will begin a major renovation to replace the trams that have been in service for nearly 14 kilometers (9 miles) with a light rail system controlled digitally. This is...

Mattar Al Tayer, Chairman of Dubai's Roads and Transport Authority said that electric air taxis developed Joby Aviation will begin commercial operations in Dubai before the end of this year. Joby Aviation's first fully electric air taxi test flight in the emirate was conducted in June 2025. This is a significant milestone in Dubai's efforts?to introduce them to its existing transport networks. The Joby Aerial taxi, developed by a Californian company, is the "flagship" electric vertical take-off-and-landing aircraft. It can travel up to 160 km (100 miles), at speeds of 320km/h (200mph). Joby’s air taxi has zero emissions and is...