Transportation

Will Scrap Yards Solve the Crude Tanker Glut?

Depending on when and where one looks, day rates for very large crude carriers (VLCCs) run between $8,000 and around $20,000. The sad fact is that break-even rates for these ...
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Uber Cuts Driver Hours, but Is It Enough?

Uber will limit the number of consecutive hours its drivers can be on the road. The announcement comes a week after a study from AAA showed the dangers of "drowsy ...
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JetBlue Ranks Last For On Time Arrivals

JetBlue (NASDAQ: JBLU) usually ranks near the top of airline customer satisfaction surveys. Its reputation suffered a hit as it took last place among the 12 large domestic ranked for ...
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By 2036, 7.8 Billion People Will Fly, Led by Asia

Air travel is expected to surge over the next two decades. In 2036, 7.8 billion people are expected to travel by air. Most of the growth will be fueled by ...
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American Airlines Hits Some Turbulence in Q4

American Airlines Group Inc. (NASDAQ: AAL) released its fourth-quarter financial results before the markets opened on Thursday. The company said that it had $0.95 in earnings per share (EPS) and ...
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United Continental Q4 Fails to Take Off

When United Continental Holdings Inc. (NYSE: UAL) released its most recent quarterly results late Tuesday, the company posted $1.40 in earnings per share (EPS) and $9.4 billion in revenue. That compared ...
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JetBlue Slashes Some Fares to $44

JetBlue Airways Corp. (NASDAQ: JBLU) has launched a promotional two-day only, one-way fare of $44 on several routes beginning Tuesday, January 3, and ending at one minute before midnight on ...
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Norwegian Airline Sets Transatlantic Speed Record

It was not Concord supersonic speed, but a Norwegian airlines Boeing 787-9 aircraft set a new record for the London to New York City route. The plane left from Gatewick ...
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Delta Results Lifting Airline Stocks

Delta Air Lines Inc. (NYSE: DAL) reported fourth-quarter and full-year 2017 results before markets opened Thursday morning. The airline said it had adjusted quarterly earnings per share (EPS) of $0.96 ...
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World’s Best Airlines, Airports for On-Time Service

If getting to your destination safely is the most desirable feature of an airline, probably the next-most desirable is that it get you there on time. Among the world's largest ...
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JetBlue Cuts Some Fares to $49

JetBlue Airways Corp. (NASDAQ: JBLU) has launched a promotional two-day only, one-way fare of $49 on several routes beginning Wednesday, January 3, and ending at one minute before midnight on ...
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2017 Aviation: Only 1 Fatal Passenger Flight Accident per 7,360,000 Flights

For a number of year, experts have argued that air travel is by far the safest way to get between two distant points. Travel by train, bus or car is ...
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Uber Rival in China Gets $4 Billion

As Uber struggles in the European Union after a court judgment that it is a taxi company and not a tech one, and a constant round of management changes and ...
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Uber Loses Argument It Isn’t a Taxi Company in Europe: Text of Decision

Uber suffered a big loss in Europe as the Court of Justice of the European Union said it is not a tech company but rather is a transportation firm. The ...
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What’s Going on With JetBlue’s One-Day Fare Sale?

JetBlue Airways Corp. (NASDAQ: JBLU) has kicked off a one-day sale (December 19) with one-way fares as low as $44 on some flights. There are blackout dates and other possible ...
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