transportation-sector
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FinanceBudgeting for transportation: Vehicle expenses and commuting costs
UK regulator expresses concern over Hitachi-Thales rail signal deal
Date: June 8, 2023
UK regulator expresses concern over Hitachi-Thales rail signal deal LONDON (Reuters) – Britain’s competition regulator said Hitachi’s 1.7 billion euro ($1.8 billion) acquisition of Thales’ signalling business could raise the costs of upgrading the country’s rail network, and it needs the companies to address its concerns. The Competition and Markets Authority (CMA) said Japan’s Hitachi...
Volkswagen brings VW bus back to north American market after 20 years
Date: June 2, 2023
FRANKFURT (Reuters) – Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, the carmaker said on Friday, in what marks the reintroduction of the iconic model after a two-decade hiatus. The introduction of the fully electric ID. Buzz will also include an extra-long version that can seat up...
Toyota, daimler in deal to combine Japan truck operations
Date: May 30, 2023
Toyota, Daimler in deal to combine Japan truck operations TOKYO (Reuters) -Daimler Truck Holding AG and Toyota Motor Corp said on Tuesday they had entered a non-binding agreement to combine the businesses of their truck units in Japan. Under the memorandum of understanding (MOU), the businesses of Daimler-owned Mitsubishi Fuso Truck and Bus Corp and...
Cathay pacific to order boeing 777-8F freighter -sources
Date: May 29, 2023
PARIS (Reuters) – Cathay Pacific is close to placing an order for Boeing 777-8F freighters as the Hong Kong carrier embarks on the partial renewal of a fleet of 747 cargo jets, industry sources said on Monday. The selection follows a competition for around half a dozen aircraft between the cargo version of Boeing’s 777X...
France, netherlands call for EU climate clampdown on private jets
Date: May 26, 2023
France, Netherlands call for EU climate clampdown on private jets By Kate Abnett BRUSSELS (Reuters) – Austria, France, Ireland and the Netherlands have called on the European Union to toughen laws to curb the impact of private jet travel on the climate, a document showed. The countries are home to some of the busiest airports...
Soaring airline customer complaints push global legislators to act
Date: May 26, 2023
Soaring airline customer complaints push global legislators to act By Joanna Plucinska and Allison Lampert LONDON/MONTREAL (Reuters) – Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over...