The impact of the pandemic on e-commerce is adding to the urgency.Dec 4, 2020 - Economy & Business
The lowering demand is a direct result of the economic shock from the coronavirus pandemic.Oct 6, 2020 - Economy & Business
"Europe and China have woken up to the fact that [the combustion engine] is dead."Sep 25, 2020 - Economy & Business
Musk is embracing many of Ford’s ideas like vertical supply chains and manufacturing efficiencyAug 14, 2020 - Economy & Business
The pandemic and recent protests put a spotlight on transportation inequities, giving urban planners new motivation to get it right.Jun 26, 2020 - Economy & Business
As post-pandemic business travel comes back, experts say Florida's reopening policies should allow it to lock in a significant share of returning corporate events and meetings.
Why it matters: There's a lot of money to be made — with a lot of people itching to travel — after the sector lost $97 billion in spending last year, according to a new Tourism Economics analysis by the U.S. Travel Association.
The U.S. Department of Transportation said Tuesday it is seeking a $25.5 million fine from Air Canada for failing to provide timely refunds to thousands of customers.
Why it matters: The COVID-19 pandemic forced airlines to cancel or delay flights, causing refund requests to spike.
FedEx says it will test package deliveries using autonomous vehicles under a new multi-year partnership with Nuro, a leading self-driving startup.
Why it matters: The explosion of e-commerce has accelerated demand for reliable, autonomous transportation throughout the supply chain, FedEx says. With Nuro, it will explore different uses for AVs, including multi-stop and appointment-based deliveries.
Investors have poured billions into startups promising to get self-driving cars on the road to shuttle passengers and parcels. Now, the startup world has largely shifted to applying autonomous driving to specific industrial use cases — in an effort to build a business much faster.
Why it matters: Despite bold predictions that we'd soon be riding in robotaxis around town, the task is taking much longer than expected and is a lot more expensive.
United Airlines announced Thursday it will purchase 15 supersonic jets from aviation startup Boom Supersonic, and will have the option to purchase 35 more in the future, in an attempt to revitalize supersonic air travel.
Why it matters: Supersonic commercial flights haven't been available since the Concorde, operated by British Airways, completed its last trip between New York and London in 2003, according to the New York Times.
Investors have been falling out of love with electric vehicle startups — particularly the ones that have merged with SPACs.
Breeze Airways is about to take off. The new low-cost airline will operate its first flights on May 27.
Why it matters: The airline sprang to life just in time to take advantage of historic pandemic-induced dislocations in the air travel market.
The freight train trip from Canada to Mexico still goes through Kansas City, but the rest of the route remains unsettled.
Driving the news: Kansas City Southern (NYSE: KCS) on Friday canceled its planned $29 billion merger with Canadian Pacific Railway (NYSE: CP), instead opting for a $33.6 billion deal with Canadian National Railway (NYSE: CNI).
Kansas City Southern canceled its planned $25 billion merger with Canadian Pacific Railway, announcing Friday it will instead be combining with Canadian National Railway in a $33.6 billion buyout bid.
Why it matters: "The combination would create the first freight-rail network linking the U.S., Mexico and Canada by connecting ports in the three countries," the Wall Street Journal writes.
Electric vehicles have finally hit the mainstream: America's most popular model, the Ford F-series pickup truck, is going electric at a decidedly mass-market price: $39,974.
Why it matters: Until now, EVs have appealed mostly to wealthy technology fans or environmentalists. But the F-150 Lightning is aimed at everyday truck owners — making it a potential turning point in the electric vehicle revolution.