transportation-sector
Top StoriesTurkish Airlines Mulls IPOs and Joint Ventures for Cargo, Regional Units
Top StoriesAmsterdam’s Schiphol Airport Poised to Cut Summer Flights -Telegraaf
Top StoriesAnalysis-South Korea Truckers’ Win No Harbinger of Labour Market Peace
Top StoriesDrivers Shrug Off Soaring Fuel Prices, for Now
Analysis-Golden Age of Buses? Buyers Hop on UK Transport Firms
Date: June 15, 2022
By Yadarisa Shabong LONDON (Reuters) – Private capital has a keen eye on British bus companies. Low valuations, hopes that travellers will ditch cars, and government incentives to invest in environmentally-friendly vehicles are enticing buyers, analysts and investors said. Three out of four major London-listed bus operators have attracted takeover interest in recent months. “Whatever...
UK Transport Union Warns of “summer of Discontent” as Further Rail Strike Threatened
Date: June 14, 2022
LONDON (Reuters) – A British union warned on Tuesday the country could face a “summer of discontent” across its railways as thousands more workers are balloted for strike action in an escalating dispute over pay and conditions. The Transport Salaried Staffs’ Association (TSSA) said on Tuesday it had issued notice of a ballot to more...
Dhl Raises Prices for Parcel Deliveries, Calling It Unavoidable
Date: June 13, 2022
BERLIN (Reuters) – Logistics giant DHL will charge private customers more for parcel deliveries from July 1 as labour and transport costs have made price increases unavoidable, said the company on Monday. DHL, part of the Deutsche Post DHL Group, will increase the price to ship a parcel abroad by between 1 euro and 3.50...
Factbox-Impact of Strike by South Korean Truckers on Autos, Steel, Others
Date: June 13, 2022
(Reuters) -Thousands of South Korean truckers were on strike for the seventh day on Monday, protesting over pay as fuel costs surge, disrupting production, slowing port operations and posing new risks to a strained global supply chain. South Korean industries, including auto, steel, petrochemical and cement, faced accumulated losses worth about 1.6 trillion won ($1.2...
Russia and China Open Cross-Border Bridge as Ties Deepen
Date: June 10, 2022
(Reuters) – Russia and China opened a new cross-border bridge in the far east on Friday which they hope will further boost trade as Moscow reels from sweeping Western sanctions imposed over its actions in Ukraine. The bridge linking the Russian city of Blagoveshchensk to the Chinese city of Heihe across the Amur river –...
WalMart Expands Transportation Partnerships With Electric, Hydrogen Vehicle Pilots
Date: June 8, 2022
By Tina Bellon and Siddharth Cavale (Reuters) – Retail giant Walmart Inc on Wednesday said it was expanding transportation pilots with manufacturers of electric, hydrogen and natural gas-powered vehicles, including Cummins Inc and Daimler Truck’s Freightliner. The partnerships, which are in addition to previously announced transportation tie-ups, are part of Walmart’s 2040 goal to achieve...