China to Build 167,000 EV Charging Stations
In a move bound to help electronic car adoption, China plans to build 167,000 charging stations soon.
Transportation
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Mercedes-Benz Invests in Via Ride-Sharing Startup
Mercedes-Benz and its parent, Daimler, have invested $50 million in New York City-based carpooling startup Via Transportation and the joint venture unveil its first European service in London this fall.
More Turbulence for Airline Industry for Warren Buffett and Passengers
It wasn't that long ago that Warren Buffett gave a "clear skies" proclamation for the airline industry after his portfolio managers took stakes in all the major air carriers. But that was then.
Uber’s Tiny Revenue
For a company with large aspirations and a huge market value, Uber has small revenue. And what if its growth rate rapidly decelerates in the year ahead?
Bump Rate for US Airlines Falls to Lowest Rate in Decades
The 12 U.S. air carriers that report involuntary denied boarding, or bumping, posted the lowest bumping rate for the January-to-June period and the most recent quarter since the government started tracking the data in…
Ride-Hailing Companies Uber and Lyft Boost Share of Expense Spending
Uber and Lyft each gained in second-quarter expense spending, as the ride-hailing companies grabbed business at the expense of taxis and car-rental businesses.
TSA Discovered Record 89 Firearms in Airline Carry-On Bags Last Week
The U.S. Transportation Security Administration (TSA) discovered a record 89 handguns in carry-on bags at U.S. airports last week.
United Airlines Earnings Don’t Impress Investors
United Airlines reported Q2 earnings and revenues above analysts' expectations. Shareholders were wary, however, taking the shares down in Tuesday's after-hours trading session.
Check-In Procedures for International Travelers to the US to Get Tougher
The U.S. Department of Homeland Security may announce as early as next week new, tighter security procedures on international travelers bound for the United States.
Clean Diesel Vehicles Now Comprise One-Third of US Commercial Truck Fleet
The percentage of advanced clean diesel trucks in the U.S. fleet rose to 30% in 2016, saving billions of gallons of fuel and reducing emissions by millions of metric tons according to new research.
US Travel Group Urges US Airlines to Quit ‘Griping’ About Foreign Competition
The U.S. Travel Association views the potential Qatar Airways purchase of American Airlines stock as an opportunity for U.S. carriers to end their long-running dispute with Persian Gulf carriers.
Why Argus Sees Southwest Flying Even Higher
Southwest Airlines watched its shares hit an all-time high in Thursday’s session on continued momentum and lower operating costs. One key independent research firm sees the stock flying even higher.
If Qatar Airways Buys Into American, Who’s Next?
Qatar Airways has said it plans to acquire up to a 10% stake in American Airlines. Will either of the other two major Persian Gulf carriers follow suit?
FedEx Earnings Aren’t Enough for Investors
FedEx shares retreated even though it reported better-than-expected fiscal fourth-quarter financial results.
The World’s Best Airlines
In an announcement at Tuesday's Paris Air Show, Skytrax named the world's 100 top-rated airlines according to its customer survey results. The top-ranked U.S. carrier finished just inside the top third.