transportation-sector
Top StoriesTruck Maker Volvo Posts Profit Beat Despite Lingering Supply Chain Issues
Top StoriesExplainer-Sleepers and Stressed Rails: Why UK Trains Struggle in the Heat
Top StoriesEmirates Airline Sees Air Travel Equilibrium in 2023
Top StoriesIn Face-Off With London Heathrow, Emirates Airline Says It Won’t Cut Capacity
Upper Crust Owner Gets Travel Recovery Boost, but Inflation a Worry
Date: July 14, 2022
By Muhammed Husain (Reuters) -British snack chain firm SSP said on Thursday a rapid recovery in travel meant annual sales and profit margins would be at the upper end of its forecasts, though it warned cost pressures and supply chain snags would persist into next year. Shares in the owner of the Upper Crust chain...
UK Rail Workers Announce July 27 Strike in Pay Row
Date: July 13, 2022
LONDON (Reuters) – British rail workers and station staff will strike this month in disputes over pay and conditions, two unions said, announcing the latest in a growing catalogue of industrial unrest as workers demand wage rises to cope with soaring inflation. The 24-hour walkout by members of the RMT and TSSA will take place...
Global Airlines Chief Slams New Heathrow Restrictions
Date: July 12, 2022
By Tim Hepher (Reuters) – The head of a body representing global airlines hit out at new restrictions at London’s Heathrow on Tuesday, saying the airport had under-estimated the speed of the recovery and was focused on profits at the expense of airlines that must now foot the bill. Willie Walsh, director general of the...
London’s Heathrow Caps Passengers at 100,000 a Day
Date: July 12, 2022
By Paul Sandle and Yadarisa Shabong LONDON (Reuters) -London’s Heathrow said it would cap departing passengers at 100,000 a day this summer to limit queues, baggage delays and cancellations, and it was asking airlines to stop selling tickets for flights that could be curtailed. Britain’s busiest airport, like others across Europe, is struggling to cope...
Britain’s Go-Ahead Predicts Upbeat 2022 as Passenger Numbers Recover
Date: July 11, 2022
By Muhammed Husain (Reuters) -Transport operator Go-Ahead Group on Monday delivered an upbeat assessment for 2022 ahead of a potential takeover, as it anticipated a busy summer with more passengers travelling on its buses and trains. The British company agreed last month to be bought by a consortium of Australia’s Kinetic Holding Co and Spain-based...
Back to the Future? Cargo Giant Cargill Turns to Sails to Cut Carbon
Date: July 1, 2022
By Jonathan Saul LONDON (Reuters) – In a new take on ancient technology, Cargill, one of the world’s biggest charterers of ships, is to add state-of-the art sails to a vessel early next year to test whether wind power can cut its carbon emissions, a top company executive said. With about 90% of world trade...