Transportation
Transportation Articles
The International Air Transport Association (IATA), the global airline industry association, warned in its annual forecast that the economy could hurt earnings of carriers around the world in 2012,...
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The National Sleep Foundation has just released a research report that says: About one-fourth of train operators (26%) and pilots (23%) admit that sleepiness has affected their job performance at...
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AMREconomists have begun to voice concerns that the price of gasoline, which is usually high, could damage the U.S. recovery and make the recession in Europe worse. That is probably true. An...
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Boeing (NYSE: BA) said 33,500 commercial planes will be sold between now and 2030. An affirmation of its forecast was a $22.4 billion deal with Lion Air, the Indonesian carrier. PT Lion...
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Boeing (NYSE: BA) officials say that the world will need 33,500 large aircraft between now and 2030. That is a very precise number given that no one knows what will happen to the world economy over...
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Just what does a cratering Baltic Dry Index mean? Frankly, it looks and acts as though it is signaling the next recession is here already rather than signaling that it is coming. That flies in...
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AMRAMR, parent of American Air, wants to cut 13,000 jobs, lower pay for other workers, void airplane leases and cut creditor obligations. Delta (NYSE: DAL) and US Air (NYSE: LCC) want to buy AMR. The...
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Airbus delivered more aircraft than Boeing (NYSE: BA) did last year. Delays in delivery of the 787 Dreamliner have cost Boeing sales. Now, it must recover in a period in which high fuel costs and a...
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If you took the developments of the last couple of years with the explosion of smartphones, Garmin Ltd. (NASDAQ: GRMN) might have been easy to consider road kill. Yet here we are at the end of 2011...
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Have you been hit or almost been hit by a car driver talking on their cellphone? Thousands of Americans have died as a result of phone-use related accidents. Thousands more have been injured. ...
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The recent bankruptcy filing by AMR Corp. (NYSE: AMR), parent of American Airlines, has put a damper on any enthusiasm there might have been among investors for US airlines stocks. A report yesterday...
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Cost increases and flat cargo traffic are expected to cut airline profits in half in 2012, from $6.9 billion in 2011 to $3.5 billion in 2012. Profit margin is expected to fall from 1.2% this year to...
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Railroads and trucking companies have, for the most part, seen share prices rise over the past 12 months, while ocean-going shippers have taken a severe beating. Of four railroads, CSX Corp. (NYSE:...
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American Airlines parent AMR (NYSE: AMR) has entered Chapter 11 and begun tense talks with its pilots. New carrier United Continental (NYSE: UAL) was granted a certificate from the FAA to begin...
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AMR (NYSE: AMR), the parent of American Airlines, has filed Chapter 11. The move has been expected for some time, as the company has struggled with labor costs, jet fuel, and a large debt load. The...
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