Latest news

Transportation
Aug 28, 2025

Prices of oil fall due to demand concerns but are headed for a weekly gain

The oil price fell on Friday, but is expected to rise for the week. This is due to the expectation of lower demand from the U.S.A., which...

Passenger Transportation Services
Aug 28, 2025

Virgin Australia announces 28% increase in annual profit

Virgin Australia announced a nearly 28% increase in its underlying profit for the full year on Friday. This was its first result after relisting. The strong performance...

North America
Aug 28, 2025

Brazil updates sector trade agreements with Mexico

Geraldo Alckmin, the Brazilian Vice-President, said that Brazil and Mexico will sign complementary trade agreements in August next year. This was after a Thursday meeting with Mexican...

Transportation
Aug 28, 2025

US FAA to close satellite offices Washington

The U.S. Federal Aviation Administration (FAA) plans to cancel the leases of its satellite offices located in the Washington, D.C. area. It will consolidate operations and move...

Logistics
Aug 28, 2025

Trump officials confirm that the end of US low-value packages tariff exemption is permanent.

Officials from the Trump administration said that on Friday, the U.S. tariff-free package shipment exemption will end permanently. However, there is a six month transition period during...

Transport Infrastructure
Aug 28, 2025

BNSF faces a lawsuit from the US EEOC alleging hostile treatment of women at Nebraska railroad yard

On Thursday, a federal appeals court revived an U.S. Equal Employment Opportunity Commission filed a lawsuit against BNSF Railway accusing them of allowing a severe, pervasive and...

Passenger Transportation Services
Aug 28, 2025

FAA: Arriving flights at Newark Airport were halted by a telecom issue

The Federal Aviation Administration halted arriving flights for over an hour at Newark Liberty International Airport on Thursday due to a telecom frequency issue. This is the...

Passenger Transportation Services
Aug 28, 2025

India extends IndiGo's leasing agreement with Turkish Airlines

India has allowed IndiGo, India's biggest airline, to continue leasing from Turkish Airlines two planes for another six-month period. This is a change from a May decision...

Transportation
Aug 28, 2025

Druzhba restarts as the end of driving season approaches

The oil prices fell on Thursday due to the lower demand for fuel in the United States at the end the summer travel period and the restarting...

Transportation
Aug 28, 2025

Sources say that the Ust-Luga port in Russia will operate at only half its capacity this September due to pipeline damage.

Two industry sources said that the Ust-Luga oil terminal in Russia will only be able to export 350,000 barrels of oil per day, which is about half...

Ground Freight
Aug 28, 2025

White House dismisses Surface Transportation Board member who regulates railroads

A White House spokesman confirmed that Robert Primus was fired as a Surface Transportation Board member. He did not agree with the agenda of U.S. president Donald...

Ground Freight
Aug 28, 2025

Aurora and McLeod software partner to manage autonomous truck shipments

Aurora Innovation and McLeod Software announced on Thursday that they will integrate their self-driving trucks platform into McLeod Software’s Transportation Management System in order to increase adoption....

East Asia
Aug 28, 2025

ADNOC sells 3% of its logistics and services unit through a bookbuild offer

ADNOC, the state-owned oil company of the United Arab Emirates, announced on Thursday that it would sell an approximately 3% stake in its Logistics and Services unit...

Passenger Transportation Services
Aug 28, 2025

The competition and bottlenecks are to blame for the decline in profits of TAP, a Portuguese airline

The net profit of the Portuguese flag carrier TAP in its second quarter fell by 42.5% compared to a year earlier, as costs increased much faster than...

Passenger Transportation Services
Aug 28, 2025

China's major airline companies remain in the red for first half due to low fares and oversupply

The earnings reports of China's largest airlines released on Thursday revealed that the two carriers had narrowed first-half losses, but were still in the red, as a...

LNG Transportation
Aug 28, 2025

Europe gas markets escape hectic LNG summer storage race: Bousso

Gas traders in Europe have been racing against time to fill up depleted storage facilities before winter. As demand on Asian markets is waning, Europe will see...

Transportation
Aug 28, 2025

Kremlin satisfied with arrest of Ukrainian in Italy for Nord Stream attack

After Italy arrested a suspect sought in Germany, the Kremlin announced on Thursday it was satisfied with progress made by a German investigation of attacks on Nord...

Transport Infrastructure
Aug 28, 2025

COSCO faces 'challenges with international investments' amid US trade pressures

COSCO Shipping Ports' managing director, who spoke in Hong Kong Thursday, said that the U.S. Trade War is putting pressure on its international investments. Wu Yu said...

Passenger Transportation Services
Aug 28, 2025

El Al Airlines' second-quarter profit plunges due to Israel/Iran war

El Al Israel Airlines reported that its second-quarter profits dropped by 55%, citing Israel’s two-week conflict with Iran in early June during which the airspace of the...

Western Europe
Aug 28, 2025

France's Iliad drops Italian tie-up plan; Telecom Italia shares fall

The CEO of French telecommunications company Iliad said that the group will look at domestic consolidation options but won't pursue any further discussions with Telecom Italia. TIM...

LNG Transportation
Aug 28, 2025

Tracking data reveals that a tanker in China is using berths sanctioned by the Russian Arctic LNG 2 cargo docks.

Data from Kpler and LSEG showed that a tanker loaded with liquefied gas from Russia’s Arctic LNG 2 plant, sanctioned by the United Nations, moored on a...

Transport Infrastructure
Aug 28, 2025

The German LNG import terminals

Germany has opened a second terminal for the import of liquefied gas, marking the latest in its efforts to replace Russian gas piped into Ukraine since Moscow...

North America
Aug 28, 2025

The robotaxi industry will be shaped by the radical differences between Tesla and Waymo.

Elon Musk, the CEO of Tesla, told investors in June that the driverless taxis of the company would be available for "half of the U.S. population" by...

Transport Infrastructure
Aug 28, 2025

Cosco faces "challenges", citing U.S. Trade Pressures, with its international investments

Cosco Shipping Ports' managing director, who spoke at a Hong Kong earnings conference on Thursday, said that the U.S. Trade War is putting pressure on its international...

LNG Transportation
Aug 28, 2025

Tracking data reveals that a tanker in China is using a Russian Arctic LNG 2 cargo berth sanctioned by China.

Data from Kpler and LSEG showed that a tanker carrying liquefied gas from Russia’s sanctioned Arctic LNG 2 facility moored on a southern Chinese import terminal on...

Passenger Transportation Services
Aug 28, 2025

Didi reports Q2 losses of $350m on lawsuit provisions, despite revenue increases

Didi Global, the Chinese ride-hailing company, reported a net loss of 2,5 billion yuan (US$350 million) in its second quarter, mainly due to a one-off expense, despite...

Transport Infrastructure
Aug 28, 2025

Wilhelmshaven, Germany: Second German LNG terminal commercially operates

Deutsche Energy Terminal, the state-owned terminal operator, announced on Thursday that Germany's second LNG import terminal will begin commercial operations on August 29. This is part of...

Transport Infrastructure
Aug 28, 2025

After US sanctions, volatility surges in China's oil futures following Yangshan port

The Chinese crude oil and fuel oil futures market has been volatile this week due to concerns that U.S. sanctions against an oil storage facility in East...

Passenger Transportation Services
Aug 28, 2025

Ryanair will cut 1 million additional passenger seats in Spain this winter, Europa Press

According to Europa Press, senior executive Eddie Wilson reported that Irish budget airline Ryanair will reduce the number of flights between regional airports and Madrid in response...

LNG Transportation
Aug 28, 2025

Europe gas markets escape hectic LNG summer storage race: Bousso

Gas traders in Europe have been racing against time to fill up depleted storage facilities before winter. As demand on Asian markets is waning, Europe will see...

Freight Logistics
Aug 28, 2025

French and Benelux stocks: Factors to watch

Here are some company news and stories that could impact the markets in France and Benelux. EIFFAGE, a France-based construction company, published its H1 net income group...

Transport Infrastructure
Aug 28, 2025

Wall Street Journal August 28,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. Japan's Sompo Holdings announced...

Passenger Transportation Services
Aug 28, 2025

UAW members strike at GE's Evendale and Erlanger facilities

UAW President Shawn Fain announced that members of the United Auto Workers at GE Aerospace’s Evendale, Ohio plant and Erlanger distribution facility in Kentucky went on strike...

Asia
Aug 28, 2025

ADIA invests $1.5 billion in GLP, a logistics firm

The two companies announced on Thursday that GLP, a global logistics builder and investment company, has received up to $1.5 billion in funding from an Abu Dhabi...

Passenger Transportation Services
Aug 28, 2025

UAW members at GE Evendale will strike on Thursday

UAW President Shawn Fain announced in a late-night video that members of the United Auto Workers at GE Aerospace’s Evendale, Ohio plant would go on strike starting...

Passenger Transportation Services
Aug 27, 2025

Global Airlines Group proposes raising the international pilot retirement age from 65 to 67

The U.N. agency for aviation has been asked by a group of global airlines to increase the age limit for commercial aviators to 67 from 65 years,...

Passenger Transportation Services
Aug 27, 2025

Qantas profits beat estimates due to strong travel demand

Qantas Airways, the Australian airline, posted an annual profit that was better than expected on Thursday. The company attributes this to a robust demand for travel across...

Transport Infrastructure
Aug 27, 2025

UK air passenger numbers beat pre-pandemic records for April to June

In the last quarter of 2010, the number of passengers using British airports rose to an all-time high of 81 million. This was higher than the previous...

Passenger Transportation Services
Aug 27, 2025

Air New Zealand posts smaller-than-expected drop in annual profit

Air New Zealand posted a smaller-than-expected fall in annual earnings on Thursday as global engine maintenance issues continued to weigh on the bottom line, and warned of...

Transportation
Aug 27, 2025

Sources: Dos Bocas refinery in Mexico is offline due to a power outage

By Shariq Khan August 27th - Mexico's 340,000-barrel-per-day Dos Bocas refinery has been offline since Monday due to a power outage at the plant, two sources familiar...

Ground Freight
Aug 27, 2025

The Escondida Mine Union in Chile warns against self-driving trucks

In a statement released on Wednesday, the workers' union of BHP's Escondida copper mine in Chile, which is the largest mine in the world, expressed concern over...

Passenger Transportation Services
Aug 27, 2025

Delta pays $78.75 Million to settle fuel dump lawsuit

Delta Air Lines has agreed to pay $78.75 Million to settle a class-action lawsuit regarding a 2020 fuel spill that flooded tens and thousands of properties in...

Transport Infrastructure
Aug 27, 2025

The UK's Tritax Big Box has officially ended its pursuit of Warehouse REIT

The British Warehouse REIT announced on Wednesday that a buyout proposal from Tritax Big Box REIT, a peer company, was officially terminated. Both parties decided not to...

Ground Freight
Aug 27, 2025

Andy Home: LME storage capacity drops as politics disrupt metal flows

London Metal Exchange (LME)'s global warehousing capability shrank by 4.25 percent in the first half 2025, despite opening new delivery locations at Hong Kong and Jeddah, the...

North America
Aug 27, 2025

Sempra’s Port Arthur Phase II project will supply EQT with LNG

The companies announced on Wednesday that Sempra would supply EQT Corp with 2 million tonnes of liquefied gas per year (Mtpa), from the Port Arthur Phase 2...

Transportation
Aug 27, 2025

The MOL head in Hungary says that Druzhba oil flow could resume on August 27 or 28,

The executive chairman of MOL, the Hungarian oil company, told the website mandiner.hu that the Druzhba Pipeline could be operational again as early as August 27 or...

LNG Transportation
Aug 27, 2025

Bousso: Trump tariffs cause much-needed petrochemicals reduction

The trade wars of U.S. president Donald Trump are pushing the global plastics sector toward a painful, but necessary restructuring in order to deal with the acute...

Passenger Transportation Services
Aug 27, 2025

Merz: Decision on Franco-German jet fighter to be made by the end of the year

Merz announced on Wednesday that he and French President Emmanuel Macron had agreed to make a decision by the end the year on the future of FCAS,...

North America
Aug 27, 2025

Maguire: US fossil fuel electricity production and emissions will peak in 2025.

Climate trackers who follow the trends in U.S. electricity generation and emissions have good and bad news. Good news: electricity production from fossil-fuels peaked in July, when...

Transport Infrastructure
Aug 27, 2025

Washington Union Station is to be taken over by the Trump administration

After Trump administration officials raised concerns about safety, the U.S. Transportation Department announced on Wednesday that it would reclaim control of Washington Union Station. It is one...