transportation-sector
Top StoriesAirbus fits electric truck with airliner cockpit to study safer taxiing
Top StoriesEU countries approve law to slash trucks’ CO2 emissions
Top StoriesMaersk says red sea disruption will cut capacity by 15-20% in second quarter
Top StoriesTepid economic data weighs on equities; yen sinks to fresh lows
UPS, FedEx transition to electric vans slowed by battery shortages, low supply
Date: April 25, 2024
UPS, FedEx transition to electric vans slowed by battery shortages, low supply By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country’s climate-warming tailpipe...
Maersk could offer limited baltimore barge service
Date: April 24, 2024
Maersk could offer limited Baltimore barge service COPENHAGEN (Reuters) – Denmark’s Maersk may resume some shipping services at the U.S. Port of Baltimore when a temporary channel is opened to give access for commercially essential vessels that remain blocked by a collapsed bridge, the company said on Wednesday. “This channel, with a controlling depth of...
Daimler truck Q1 sales drop 13% as markets normalize
Date: April 9, 2024
Daimler Truck Q1 sales drop 13% as markets normalize BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expected when compared with the same quarter the year before. The company said it sold 108,911 trucks and buses in the first quarter, compared with 125,172...
RiverRock and horizon acquired from ferrovial an 89.2% stake in euroscut azores, a portuguese 93 km shadow toll road in the azores
Date: March 25, 2024
RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores RiverRock – a specialized alternative investment firm, part of the CFE Finance Group – through RiverRock Brownfield Infrastructure Fund 1 (RBIF1), and Horizon, through Horizon Equity Partners Follow-On Fund, acquired an 89.2% stake...
Talgo’s top shareholder in talks with stadler over takeover bid, report says
Date: March 25, 2024
Talgo’s top shareholder in talks with Stadler over takeover bid, report says MADRID (Reuters) – Talgo’s top shareholder is in talks to sell its 40% stake in the Spanish train maker to Swiss rival Stadler Rail as an alternative to a tender offer from Hungary’s Ganz-Mavag consortium, El Economista newspaper reported on Monday, citing unidentified...
Strikes hobble German railways, airports as disputes mount
Date: March 7, 2024
Strikes hobble German railways, airports as disputes mount By Andi Kranz and Stephane Nitschke COLOGNE, Germany (Reuters) – Germany faced strikes on several fronts on Thursday, as train drivers and airport workers walked off the job, causing chaos for millions of travellers and adding to the country’s economic woes at a time of looming recession....