Transportation

As United Names New Chair, a Reminder Why CEO Was Passed Over

United Continental Holdings Inc. (NYSE: UAL) has named Jane Garvey as its board chair. She is a former head of the FAA and a United board member since 2009. CEO ...
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GE to Receive $11 Billion for Its Transportation Business

General Electric Co. (NYSE: GE) announced Monday morning that Westinghouse Air Brake Technologies Corp.(NYSE: WAB), also known as Wabtec, has agreed to combine with GE's Transportation division in a deal ...
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Electric Buses to Fuel EV Boom

Last July, Bloomberg New Energy Finance (BNEF) released a long-term forecast for electric vehicles (EVs) projecting sales of light-duty vehicles (passenger cars, pickups and SUVs/crossovers) to rise from around 1% ...
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Airline Profits Rose Nearly 11% in 2017, Baggage Fees Up 45%

The 23 U.S. airlines with scheduled passenger service reported after-tax net income of $15.5 billion in 2017, up 10.7% from $14.4 billion in 2016. That marks the fifth consecutive year ...
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If Sprint-T-Mobile Merger Is Approved, These 2 Companies May Be Acquired Next

For those who have watched the movie Groundhog's Day, the on-again, off-again potential marriage of Sprint Inc. (NYSE: S) and T-Mobile US Inc. (NASDAQ: TMUS) is once more in full ...
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Americans’ Satisfaction With Air Travel Falls

U.S. airlines have what can only be called a mixed relationship with their customers. On one hand, more and more people fly every year. On the other hand, flying does ...
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United Airlines Earnings Overcome Higher Fuel Costs

United Continental Holdings Inc. (NYSE: UAL) reported first-quarter 2018 results after markets closed Tuesday afternoon. The airline reported adjusted diluted quarterly earnings per share (EPS) of $0.52 on revenues of ...
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How Self-Driving Trucks Will Take Over Truck Driving Jobs

In a report last year, analysts at Goldman Sachs Economics Research said that as many as 3.1 million U.S. truck driving jobs (all sizes, not just big rigs) are at ...
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How Delta Earnings, Guidance Are Boosting Airline Stocks

Delta Air Lines Inc. (NYSE: DAL) posted first-quarter 2018 results before markets opened Thursday. The airline reported adjusted quarterly earnings per share (EPS) of $0.74 on operating revenues of $9.97 ...
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US Airline Quality Study Puts Alaska Airlines on Top

Rating airline performance can be accomplished in two basic ways. First, subjective surveys of passengers can be accumulated and a ranking can be based on some associated number crunch. A ...
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Singapore Airlines Tops World Ranking; Southwest Top US Carrier

Travel planning and booking firm TripAdvisor on Monday released its Travelers' Choice awards list of the world's best airlines. The top-rated airline is Singapore-based Singapore Airlines, and the top-rated North ...
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America’s Best Airlines in 2018

Long one of the lowest rated of all U.S. industries, the country's airlines have made something of a comeback over the past four years. In 2013 airlines scored just ahead ...
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Time for United Continental Board to Fire CEO Munoz After He Steals Sand

The longer the board of United Continental Holdings Inc. (NYSE: UAL) keeps CEO Oscar Munoz, the more questionable its judgment on behalf of shareholders and employees becomes. After a string ...
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FedEx Reserves 20 Tesla All-Electric Semis

U.S. package carrier FedEx Corp. (NYSE: FDX) announced Monday that it has placed a reservation for 20 Tesla Inc. (NASDAQ: TSLA) semi trucks. FedEx is the latest in a string ...
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Airlines Fight for Less Transparency on Fees

Fees for baggage, preferred seating and a seemingly endless list of other items generated $7 billion in airline revenues last year. Many of those fees are disclosed to potential passengers ...
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