transportation-sector
Top StoriesSeafarer Shortage Stands in Way of Ukraine Grain Corridor
Top StoriesBritain’s Rail Network Hit by Fresh Strike Action Over Pay Dispute
Top StoriesDsv Raises Outlook as Global Supply Snarls Keep Freight Rates High
Top StoriesHeathrow Says Passenger Cap Has Improved Operations
Kuehne + Nagel’s Quarterly Earnings Rise Despite Volatile Supply Chains
Date: July 25, 2022
(Reuters) – Swiss logistics group Kuehne & Nagel International on Monday reported a 79% rise in its second-quarter net profit, citing growth in all business units despite volatile supply chains. Net profit in the April-June period came in at 796 million Swiss francs ($827 million), up from 446 million a year ago, while operating profit...
Analysis-Aviation Nurses a Nasty Headache as Travel Recovers From Covid
Date: July 22, 2022
By Tim Hepher and David Shepardson FARNBOROUGH, England (Reuters) – Aerospace has turned the page on an unprecedented pandemic demand shock with dozens new orders at its largest air show in three years – only to face mounting worries over supply chains and reminders that its future hinges on decarbonisation. From rural Farnborough to nearby...
Explainer-Luton Airport Runway Meltdown Shows Airports Vulnerable to Climate Change
Date: July 22, 2022
By Jamie Freed (Reuters) -The temporary disruption at London’s Luton Airport on Monday when soaring temperatures caused a small section of the asphalt to lift is an example of the challenges airports face in making their infrastructure resilient to climate change, experts say. Below is an explanation of how global airports are coping with extreme...
Analysis-Aviation Sector Feels Heat on Emissions at Air Show
Date: July 21, 2022
By David Shepardson and Paul Sandle FARNBOROUGH, England (Reuters) – Record temperatures at the Farnborough Airshow this week have ratcheted up pressure on global aviation to shrink airplane emissions and turn a raft of potential solutions – many of which are yet to be proven – into reality. The airline industry, responsible for nearly 3%...
EasyJet Ceo: We’ve Stabilised Operations but Melting Runways Don’t Help
Date: July 19, 2022
FARNBOROUGH, England (Reuters) – The chief executive of EasyJet said the low-cost airline had stabilised it flight operations after cutting its summer schedule last month, but melting runways and air traffic control (ATC) restrictions were not helping during a “challenging summer”. CEO Johan Lundgren said easyJet’s daily operations were back to pre-pandemic levels after the...
Train Maker Alstom’s Sales Rise but Inflation, Supply Chain Woes Linger
Date: July 19, 2022
By Valentine Baldassari and Alizee Degorce (Reuters) -French train maker Alstom reported on Tuesday an 8% jump in quarterly sales and confirmed its full-year outlook, but reiterated concerns over inflation and component shortages. Alstom’s shares, which had tumbled 6% by 1008 GMT, have lost a quarter of their value this year as Russia’s invasion of...