Latest news

Transportation
Jun 6, 2025

Russian Urals oil sold to India at the lowest discount since 2022, traders claim

Four traders who are active in the market stated on Friday that spot supply has tightened and reduced discounts for Russian Urals crude oil to be delivered...

Europe
Jun 6, 2025

China shows Pacific nations its coast guard capabilities, and moves towards patrolling the high seas

Pacific Islands officials have said that China has taken further steps to board fishing boats on the high seas for the first times in the Pacific. This...

North America
Jun 6, 2025

Tesla shares are up as Politico reports that Musk and the White House will hold a call

Tesla shares recovered from their previous session on Friday after Politico reported White House aides had scheduled a phone call with Elon Musk, CEO, to ease tensions,...

Passenger Transportation Services
Jun 5, 2025

After a fatal air crash, US Democratic Senators propose radical reforms to the air safety system

Seven Democratic Senators introduced air safety legislation on Thursday after a deadly collision between an Army Helicopter and an American Airlines Regional Jet in January near Reagan...

Ground Freight & Logistics
Jun 5, 2025

Rumo cancels agreement to sell stake in Brazil Port Terminal to Bunge, Zen-Noh Grain

Brazilian rail operator Rumo has terminated a 2024 deal to sell a part of the terminal at Latin America’s largest port, to U.S. commodities traders Bunge and...

Ground Transportation
Jun 5, 2025

Canadian regulator confirms that the Prince Rupert Gas Transmission Pipeline project has begun

The British Columbia Environmental Assessment Office determined on Thursday that the work on the Prince Rupert Gas Transmission Natural Gas Pipeline Project has already been substantially begun,...

Passenger Transportation Services
Jun 5, 2025

US ends 'Quiet Skies,' airline passenger screening program

The Transportation Security Administration is discontinuing the "Quiet Skies", aviation security watchlist program, which designated certain passengers as higher-risks for enhanced screening. Homeland Security Secretary Kristi Nuem...

Western Europe
Jun 5, 2025

Britain is urged to reduce energy costs before implementing industrial strategy

Legislators and business leaders warned on Friday that Britain's first Industrial Strategy in eight years would be undermined without measures to lower the sky-high costs of energy...

North America
Jun 5, 2025

Is the escalating spat between Trump and Musk a regulatory threat to Musk's businesses?

Elon Musk faces a real risk of being targeted by U.S. regulators in the transportation, environment, communications, and other sectors after his deep political ties to President...

Oil Pipeline
Jun 5, 2025

CANADA-CRUDE-Discount on Western Canada Select unchanged

On Thursday, the discount between West Texas Intermediate (WTI), a North American benchmark futures contract, and Western Canada Select (WCS), a West Canada Select futures contract, remained...

Transportation
Jun 5, 2025

Reeves, UK's Reeves, says the economy is turning around but that public sentiments are restless

The British economy has recovered from the weaker end of the decade to 2024. However, the public is still unsatisfied with the slow improvement in living standards....

Transportation
Jun 5, 2025

Reeves, UK's Reeves, says the economy is turning around and that energy investment will be a priority

Finance Minister Rachel Reeves stated on Thursday that more upbeat surveys of business as well as a strong first quarter gross domestic product indicate the British economy...

Passenger Transportation Services
Jun 5, 2025

Washington DC airport suspends flights during Trump's Army Parade

Washington's Reagan National Airport said on Thursday that the Federal Aviation Administration would likely suspend flights during U.S. president Donald Trump's Army Anniversary Parade on June 14....

Passenger Transportation Services
Jun 5, 2025

Delta warns that tariffs may force the airline to stop purchasing foreign-made aircraft

Delta Air Lines has warned that tariffs imposed by the Trump administration on imported planes and parts may force it to stop purchasing foreign-made aircraft and cancel...

Western Europe
Jun 5, 2025

The container shipping rate surge fueled by tariffs is peaking

Financial analysts and maritime consultants say that container shipping rates continue to rise this week. This is fueled by a temporary tariff pause, which has been imposed...

Ground Transportation
Jun 5, 2025

Plus, the autonomous truck startup, to go public with SPAC in a $1.2 billion deal

The companies announced on Thursday that the self-driving vehicle startup Plus Automation would go public in the United States via a $1.2billion merger with Churchill Capital Corp...

Transportation
Jun 5, 2025

Senators in the US are urged by drillers and unions to maintain hydrogen credit

A coalition of more than 250 businesses and labor organizations urged U.S. Republican Senators on Thursday to protect a credit in the tax and spending bill for...

North America
Jun 5, 2025

Trump says he will not immediately bring peace to Ukraine, but Russia has responded to the attacks.

The Kremlin announced on Thursday that Russia would respond to Ukraine’s latest attacks when and as its military deems appropriate. It accused Kyiv as a state terrorist,...

Passenger Transportation Services
Jun 5, 2025

Boeing builds trust with airline bosses as they see improved jet quality

Airlines are tentatively showing greater confidence in Boeing’s ability to produce jets of the highest quality, a move that could help the planemaker repair years of damage...

Passenger Transportation Services
Jun 5, 2025

Aeroflot, the Russian airline, will settle on deals for the last 36 aircraft leased by West

Aeroflot's head Sergei Aleksandrovski said in a Russian newspaper that the airline expects to reach settlement agreements with Western insurance companies and leasing firms for the final...

Passenger Transportation Services
Jun 5, 2025

UK Market Exodus - Companies who have moved from London Listing

Wise, a British money transfer company, became the latest UK-listed firm to announce its intention to move to the U.S. Due to Brexit and investor resistance, a...

North America
Jun 5, 2025

Wall Street's potential losers and winners from Trump's new tax bill

Analysts examine the impact of President Donald Trump's tax-cutting and spending package on U.S. businesses if it becomes law. What Trump has dubbed a "big, beautiful bill",...

Europe
Jun 5, 2025

Maguire: Europe's dispatchable energy woes are worsened by a new hydro power hit

The mix of power generated in Europe is likely to become dirtier this summer, after a prolonged dry spell has depleted the reservoirs and reduced hydro-electricity production....

Transport Infrastructure
Jun 5, 2025

Unite Group offers $965 million to buy UK's Empiric student property

Empiric Student Property announced on Thursday that it had received a buyout offer worth 710.6 millions pounds ($964.8million) from Unite Group. Shares of the British Real Estate...

Oil Pipeline
Jun 5, 2025

A court has barred a Russian tycoon in prison from appealing the Transneft Case

The English Court of Appeal denied Russian tycoon Ziyavudin Magomedov, who is currently in jail, permission to appeal a ruling that dismissed his $14 billion lawsuit filed...

Ground Transportation
Jun 5, 2025

China's Didi Q1 revenues rise 8.5% as the recovery gains pace

Didi Global, a Chinese ride-hailing service, reported on Thursday that its revenue grew 8.5% in the first quarter 2025. This was to $53.3 billion yuan or $7.42...

North America
Jun 5, 2025

US officials report spillage of 2,000 gallons diesel on the Baltimore waterfront

Officials said that a 2,000-gallon spill of diesel, which originated in a Baltimore hospital, Maryland on Wednesday, contaminated a waterfront area in a popular tourist destination in...

Passenger Transportation Services
Jun 5, 2025

Ryanair emergency landing in Germany: Nine injured

Nine passengers were injured when a Ryanair flight bound for Milan was forced to land in southern Germany due to heavy turbulence caused by a thunderstorm late...

Passenger Transportation Services
Jun 5, 2025

Wizz Air misses expectations with annual profit falling by over 61%

Wizz Air, the budget carrier, reported a profit for its annual operations that was below analysts' expectations on Thursday. This was due to capacity constraints caused by...

Transport Infrastructure
Jun 5, 2025

Ryanair emergency landing in Germany: Nine injured

Nine passengers were injured when a Ryanair flight bound for Milan was forced to land in southern Germany due to heavy turbulence caused by a thunderstorm on...

LNG Transportation
Jun 5, 2025

Bousso: Trump's China ethane import curbs are another self-harm exercise.

Trump Administration seeks license for ethane imports to China China is responsible for 46% US ethane imports Plastics are made from ethane Ron Bousso LONDON, 6th June...

Europe
Jun 5, 2025

Maguire: Europe's dispatchable energy woes are worsened by a new hydro power hit

The mix of power generated in Europe is likely to become dirtier this summer, after a prolonged dry spell has depleted the reservoirs and reduced hydro-electricity production....

Transportation
Jun 5, 2025

Iraq's Kurdish government is legally responsible for the continued oil smuggling

Iraq's Oil Ministry said Thursday that it holds the Kurdish Regional Government (KRG), legally responsible for continuing to smuggle oil out of the Kurdish Region. It added...

Asia
Jun 5, 2025

In May, Asia's fuel imports from Iraq reached a 4-month high.

According to analysts, trade sources and Kpler data, Asia's fuel imports from Iraq reached a four-month peak in May, as high refining margins increased output and exports....

Passenger Transportation Services
Jun 4, 2025

US Senate committee considers nomination of Republic Airways CEO as FAA head

The U.S. Senate Commerce Committee announced on Wednesday that it will hold an 11th of June hearing to discuss President Donald Trump's nominee for the Federal Aviation...

Transportation
Jun 4, 2025

US Senate panel wants to reduce funds for climate and clean energy that are not being used

A proposal from the Senate Environment Committee, submitted on Wednesday, would cut all funds not spent for climate and clean-energy programs that were allocated under the former...

Passenger Transportation Services
Jun 4, 2025

US Senate committee considers nomination of Republic CEO as FAA head

The U.S. Senate Commerce Committee is holding a hearing on June 11, 2018 to discuss President Donald Trump's nomination for Bryan Bedford, CEO of Republic Airways, as...

Transport Infrastructure
Jun 4, 2025

CBS News reports that Trump intends to end the TSA's "Quiet Skies" program.

A CBS News reporter told X on Wednesday that President Donald Trump intends to end the Transportation Security Administration’s “Quiet Skies” surveillance program. The source was unidentified....

Passenger Transportation Services
Jun 4, 2025

A fired NTSB vice-chair sues Trump for removal from office

On Wednesday, the fired vice-chair of the U.S. National Transportation Safety Board filed a lawsuit against President Donald Trump. He claimed that his removal was illegal and...

Oil Pipeline
Jun 4, 2025

CANADA-CRUDE-Discount on Western Canada Select heavy crude widens; some oil sands production restarts after wildfire disruptions

On Wednesday, the discount between the North American benchmark West Texas Intermediate (WTI) and Western Canada Select (WCS), widened as some oil sands output that was temporarily...

Passenger Transportation Services
Jun 4, 2025

AJet, a Turkish airline, will begin flights to Damascus

Turkish Airlines subsidiary AJet announced that it would begin flights to Damascus International Airport in mid-June from Istanbul and Ankara. AJet announced in a press release that...

Passenger Transportation Services
Jun 4, 2025

Airbus' procurement chief moves to India, but no successor has been named

According to a memo that was seen by the Observer, Airbus' top procurement executive, Juergen Westermeier has been named to lead its operations in India and South...

Transport Infrastructure
Jun 4, 2025

US FAA is not considering lifting the Boeing 737 MAX Production Cap

Acting Federal Aviation Administration head said he was not considering lifting a cap on Boeing 737 MAX production of 38 planes a month imposed in January 2024...

Passenger Transportation Services
Jun 4, 2025

Cobalt Holdings cancels London IPO plans

Cobalt Holdings, a metals investor, announced on Wednesday it would not be proceeding with its planned IPO on the London Stock Exchange. This ended hopes of what...

East Asia
Jun 4, 2025

Enterprise Products reports that the US is set to refuse export of three ethane shipments to China

Enterprise Products Partners announced on Wednesday that it had received notification from the U.S. Commerce Department of its intention to reject their requests to export to China...

Passenger Transportation Services
Jun 4, 2025

India instructs Turkish Airlines to comply after safety lapses

The Indian civil aviation ministry announced on Wednesday that it had ordered Turkish Airlines to comply with all aviation regulations after lapses were found in the carrier's...

North Asia
Jun 4, 2025

Ukraine releases new footage showing drone attack on Russian strategic Bombers

Ukraine released new video footage of its major strike on four Russian air bases on Wednesday. The footage shows attack drones destroying numerous Russian strategic bombers, and...

Passenger Transportation Services
Jun 4, 2025

US Army helicopters at Pentagon still suspended after close call

The Federal Aviation Administration's acting chief said that U.S. Army helicopter flight around the Pentagon remains suspended. Two passenger airline flights had to abort their landings at...

Passenger Transportation Services
Jun 4, 2025

Official: US FAA is not considering lifting the Boeing 737 MAX production limit at this time.

Acting Federal Aviation Administration head said he was not considering lifting a cap on Boeing's 737 MAX production of 38 planes per monthly imposed in January 2024...

Ground Transportation
Jun 4, 2025

Source: Alternative Transbalkan Gas Route excludes Russian Supply to Ukraine

A Ukrainian industry source familiar about the issue said Wednesday that an alternative Transbalkan route to import gas for Ukraine was developed, which allows for cheaper imports...