Transportation

As the island faces its worst fuel shortage in years, the rumble from 1959 Chevrolets is now fading to the near silence of the electric vehicles. Cuban roads have remained largely unchanged for the past six decades. They are characterized by vintage cars in vibrant colors. In recent years, Cubans have increasingly adopted electric cars as fuel has become more scarce. They are now helping the population deal with a worsening energy crisis after the U.S. halted oil exports from Venezuela, a communist-run ally, and threatened to penalize countries that exported fuel to the island. The administration of U.S. president...

Analysts said that a plan by PJM Interconnection - the largest power grid operator of the U.S. - to manage the?burgeoning demand for power from data centers may accelerate the deal-making process between data-center operators and independent?power providers. The plan released last month outlines a framework in which large power users could either?bring their own generation to the grid or operate within a "connect and manage" framework, that would allow them to reduce their energy usage before other emergency measures are taken when the system becomes overloaded. The proposal would also expedite a backstop capacity auction in order to prevent...

Air Canada's forecast for 2026 core profits was marginally higher than Wall -Street expectations on Thursday. The company attributed this to a strong demand on international routes outside of the U.S., and an increase in premium travel. International travel remains a relative bright light, even as domestic demand is showing signs of slowing down. This has cushioned carriers with large overseas networks. The Canadian carrier has been able to offset the softness on U.S. Canada routes with strong long-haul bookings, and a resilient demand for premium cabins. Analysts expect the Canadian flag carrier to achieve adjusted earnings before taxes, interest,...

Separatists are launching a petition drive in Alberta to trigger an independence vote. The western province has complained for years that the rest of Canada is holding back its economy. Volunteer canvassers hope to collect 177,000 signatures by May 2, or 10% of registered voters in the province, which is the required threshold to launch a citizen led referendum on separation from Canada. The campaign is unlikely to lead to an independent 'Alberta', but it does challenge Prime Minister Mark Carney in his efforts to present a united Canadian face in response to President Donald Trumps tariffs and threats to...

Rosaviatsia, the aviation regulator in Russia, said that Russia will 'fly its tourists out of Cuba within the next few days and then suspend all flights till a jet-fuel shortage subsides. Both airlines have said that they will only operate passenger flights in order to bring tourists home from Cuba. The?administration of U.S. president Donald Trump has declared Cuba a "unusual and exceptional threat" to U.S. security, and announced that the communist-run Island will no longer be receiving oil from Venezuela. Washington has threatened?impose tariffs on other fuel suppliers like Mexico if they continue to supply fuel to the island....

David Armellini, owner of a Florida trucking firm, is paying an extra 20% for each additional driver he hires to transport fresh-cut Valentine's Day Flowers to wholesale florists and grocery distribution centers across the country. If sellers pass on the increased cost, it could result in a slight increase in price for a bouquet at this weekend. Armellini believes that it could be an indication of the end of the U.S.'s longest and deepest trucking slump. Shippers across the United States are paying more to truck flowers, ?fresh ?produce, and other temperature-sensitive cargo, after deep cold this winter hiked demand...

Authorities reported that three?people died and several were injured in shootings 'in two areas of Indonesian's easternmost region, Papua. This included?near operations of Freeport - Indonesia, a gold & copper miner. Police spokesman Cahyo Sukanrito?said that the pilot and copilot of a Smart Air small commercial plane were killed when assailants fired on it as it landed on Korowai Airport in Boven Digoel province, South Papua, on Wednesday. In addition to the pilots, there were 13 other passengers on board. He said that when the shooting began, both the pilots as well as the passengers fled the plane into a...

These are the 'top stories' on the New York Times?business?pages. These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Elon Musk, the CEO of xAI (his artificial intelligence company), told his employees on Tuesday that he needed a factory to be built on 'the moon' to build AI satellites, and a'massive rocket to launch them into space. According to a source familiar with the deal, Britney Spears has sold her entire music catalogue. Federal Aviation Administration (FAA) halted Tuesday all flights to and from the 'El Paso International Airport' in Texas, citing "special security"...

Microsoft said that it is looking into using superconducting electricity lines in its data centres, as they could make them more energy efficient and accelerate the massive U.S. expansion of its server warehouses. Big Tech's?effort?to?quickly build?and?electrify?giant data centers?across?the?U.S. The aging power grid and limited electricity supply in the United States have slowed down efforts to expand technologies such as artificial intelligence. Microsoft says that recent tests on high-temperature, superconductor cable have shown the cables can deliver the equivalent amount of power as traditional cables with less space. Husam Alissa leads the Systems Technology Team at Microsoft's CO+I CTO Office. It...

On Monday, a U.S. Judge in New York temporarily put her decision on hold. This forced the Trump Administration to lift the four-month-old federal funding freeze for the $16 Billion Hudson River Tunnel Project that connects New York City and New Jersey. U.S. district judge Jeannette Vargas had on Friday ordered that the funding be reinstated. Justice Department warned that it would have to pay up to $200m in funding for the Gateway Tunnel project by Monday at 1pm (1800 GMT), unless Vargas' order was halted. Vargas said that she would delay her order until Thursday, at?5 p.m., to allow...

According to a court filing, the U.S. administration of President Donald Trump appealed on Sunday against a decision that required the Transportation Department unfreeze federal funds for the $16 billion Hudson Tunnel Project in New York. U.S. district judge Jeannette Vargas issued a preliminary order on Friday requiring the federal government release funds to a project that will overhaul critical rail infrastructure throughout New York and New Jersey. On?Sunday, the Trump administration filed an appeal notice. The Transportation Department announced in September that funding was frozen pending an assessment of the project's conformity with the new federal bans on race...

Bloomberg News, citing executives from PJM Interconnection who spoke at a meeting, reported that the U.S. grid operators warned of a 'potential shortfall in power supply of up to 60 gigawatts if demand for data centers continues to rise. They said that unless unprecedented action is taken to help support the construction of new power plants, a shortfall will occur. The tens and tens of Gigawatts that PJM is waiting to connect are largely data centers needed by Big Tech for its artificial intelligence expansion. The grid operator announced last month a framework for handling the massive energy-consuming projects just...

Hungary's Foreign Minister said that Slovakia and Hungary have asked Croatia to help deliver Russian oil after Ukraine was disrupted and there were conflicting accusations about who is to blame. Kyiv's Foreign Ministry said that a Russian attack on the Druzhba Pipeline in Ukraine on 27 January knocked out oil flows to Eastern Europe. Andrii Sybiha, the Foreign Minister of Ukraine, posted a picture on X showing firefighters and what he described as Druzhba infrastructure on fire. He added that Hungary hadn't publicly commented because Russia was responsible. Hungarian Foreign minister Peter Szijarto rebuffed Kyiv on Monday, stating that Ukraine...

According to five people who are involved in the trade, registration data and interviews revealed that tens of thousands cars were being exported to Russia from China under gray-market schemes. These schemes often bypass Western and Asian government sanctions and the commitments made by automakers to leave the Russian market. In response to Russia's invasion of Ukraine in?2022, the sanctions and pledges were made. The trade of these cars, from Toyotas to Mazdas and German luxury models, continues to thrive partly because informal networks allow Russian dealers to order the vehicles through Chinese intermediaries. This is shown by interviews and...

The Chinese captain of an?Hong Kong registered cargo ship pleaded 'not guilty'?on a charge?of criminal damage on Wednesday, after allegations that his vessel had?damaged underwater cables in the Baltic Sea. According to a Hong Kong chargesheet reviewed by the. The charge sheet said that?Wan was "reckless", and had "damaged property belonging to others without lawful excuse". Investigators in Finland said that the container vessel had pulled its anchor so as to cut off the Balticconnector pipeline. The Finnish police retrieved an anchor that had broken from the seabed, near the Balticconnector gas pipeline. An attorney for Wan, Jerry Chung said...

Farmers union UAC reported on Tuesday that wheat exports remain extremely low in Ukraine, with just 27,000 metric tonnes?leaving out of the?700,000.?tons contracted for this month. Ukraine is one of the world's largest wheat producers and exporters. "Logistics is not always perfect." Blackouts prevent ports from operating at full capacity. Wheat is also competing with corn which is loaded before, according to a UAC report. Russia has intensified its strikes against Ukrainian ports and energy infrastructure. This has caused blackouts in entire regions, and severe restrictions on the?energy supply to ports and railways. UAC stated that due to logistical issues,...

Urals crude differentials are under pressure after Thursday's'sellers' faced weak demand from India following a?trade?deal? that New Delhi made with Washington, which will result in India cutting purchases of Russian oil. The Russian oil market is increasingly exposed to China, so traders were forced to offer greater discounts to China as the largest buyer of Russian crude oil. The discounts on Russian oil exported to China have reached a new record this week, as sellers reduced prices to attract demand from the world's largest crude importer. They also cut their prices to offset the loss of India sales. PLATTS WINDOW...

In a Wednesday interview, Aleksandar Vucic stated that Serbia was diversifying its energy sources away from Russia. The country is already in discussions to purchase natural gas through a European Union buying mechanism. Over 80% of the country's natural gas comes from Russia. The EU is trying to cut down on cash flowing to the Ukraine war chest of President Vladimir Putin. Last year, Serbia was unable to sign a long-term agreement with Russia's Gazprom. A short-term agreement reached in December will expire on March 31. Vucic stated that he understood EU policies towards Russian energy. He said, "We have...

Data from LSEG and market sources showed that Russia's seaborne gasoil and diesel exports increased 19% over the previous month. This was due to a seasonal decline in domestic demand, which prompted traders to ship out more. The data shows that exports were 4,6% lower than in January 2025, as drone attacks, maintenance and other factors affected the output. Sources said that the shipment of ultra-low sulphur diesel through the Baltic port Primorsk - Russia's largest port for?diesel imports - jumped 32.4% in one month, to a new record of 2.256 million tonnes, supported by an increase in production. The...

The Russian captain of the container ship that collided with a 'U.S. The London court found the Russian captain of the container ship that crashed into a?U.S. Vladimir Motin was the captain of the Solong tanker when it struck the Stena Immaculate, which had been anchored with just over 220,000 gallons of aviation fuel. The crash on March 10 started a fire that spread to both ships. Mark Pernia was a crew member of the Solong, a Filipino national whose remains have never been located and are presumed to be dead. Tom Little, the prosecutor at Motin's first trial last...

Calculations on Monday showed that the average daily supply of natural gas to Europe via the TurkStream pipeline by Russian energy giant Gazprom rose 10.3% year-on-year in 'January. After Ukraine decided not to renew a five-year deal for transit with Moscow, which expired in January 2025, the only remaining transit route is through Turkey. Calculations show that the total Russian gas supplied to Europe through TurkStream was 1.73 billion cubic meters (bcm) during January, compared with 1.57 bcm in the same period last year. According to calculations based on data from the European Gas Transmission Group Entsog, Russian?gas exported via...

A lawyer for the wife of the captain said that the captain was taken from British territorial waters to a U.S. Coast Guard vessel. U.S. Coast Guard and U.S. Military Special Forces, with a judicial seize warrant, captured the Russian flagged Marinera on the Atlantic Ocean near Iceland, after pursuing the vessel for over two weeks, as part of Washington’s efforts to stop Venezuelan oil exports. The tanker was then moved to an area?off of the coasts of Scotland. Aamer Anwar is the lawyer for Natia Dzadzama's husband, Avtandil Kalandadze. COURT ORDER REVOKED Anwar stated that on Monday, the Scottish...

Two sources reported that Russian crude oil cargoes dated February Urals traded in Indian ports at discounts close to the largest since 2022 compared with dated Brent, amid increased pressure from Western sanctions. The two sources claimed that the 'cargoes' of Urals oil to be supplied in February will trade at a discount of $10 per barrel compared to Brent for delivery to Indian ports. This is a rise from the estimated cargoes loaded in the fall months last year by $3-5 per barrel and close to the largest discount ever recorded. The U.S. targeted oil majors Lukoil & Rosneft...

The company reported that a senior executive of Ukraine's state-owned grid operator Ukrenergo was killed?while overseeing repairs to a damaged power facility,? caused by a Russian strike. The company didn't say how Oleksiy died. They only called it "tragic". Evropeiska Pravyda, an unnamed local media outlet, reported that Brekht died after receiving a shock from one of the substations. The company posted a statement on social media saying that "Death... caught up with him" where he felt it necessary to be in order to "restore light as quickly as possible to the people." Ukrenergo didn't immediately reply to a question...