American Travelers Are Shunning the U.S. for Europe
Domestic ticket fares are falling as travelers favor longer trips abroad. Source link
Transportation/Logistics
Uber’s Business Is Finally Making Money After Years of Losses
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UPS, Teamsters Reach Agreement on New Contract, Averting Strike
The five-year labor deal would prevent a strike by roughly 330,000 package-delivery drivers and package sorters. Source link
WSJ News Exclusive | Inside Lyft CEO David Risher’s Efforts to Bolster the Company
The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form...
Markets Appear Convinced the Fed Can Pull Off a Soft Landing
Stocks surged this past week on evidence that inflation is cooling. Source link
United Pilots Would Get Raises of Up to 40% Under Preliminary Deal
The pact follows agreements at Delta and American that included significant raises for pilots. Source link
Elon Musk’s SpaceX Now Has a ‘De Facto’ Monopoly on Rocket Launches
The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link
Shipping Regulator to Steer Clear of Stricter Rules on Carbon Emissions
The lack of consensus on a timeline to cut greenhouse-gas emissions puts investments in green-energy transition projects at risk. Source...
UPS, Teamsters Hit Roadblock in Labor Talks as Strike Looms
United Parcel Service and the Teamsters said talks have stalled on a new labor contract, raising the risk of roughly...
United Vows Changes to Avoid More Disruptions, Including Fewer Newark Flights
United Airlines plans to fly less at its Newark hub and take other steps to avoid a repeat of the...
United Airlines CEO Apologizes for Taking Private Jet During Flight Disruptions
The airline has been slower to recover from storms than others. The company says United didn’t pay for the CEO’s...
Virgin Galactic Completes First Commercial Spaceflight After Setbacks, Delays
What to Read Next Source link
United CEO Faults FAA as Storms Prompt More Flight Cancellations
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WSJ News Exclusive | Demand for Airliners Soars: ‘We Cannot Make Planes Fast Enough’
The CEO of Airbus sees demand continuing to outstrip supply as the European plane maker accelerates output and pulls further...
Airbus Sells 500 Jets to India’s IndiGo in Record Aircraft Deal
The $50 billion agreement, at list prices, opens the Paris Air Show as air travel surges. Source link
D.C. Air War: Senators Fight Over Flights to Reagan National Airport
A debate in Congress over adding more flights, including long-distance routes, at Reagan National Airport has divided the airline industry...
Teamsters Vote to Authorize UPS Strike as Contract Talks Continue
United Parcel Service workers represented by the International Brotherhood of Teamsters voted to authorize a strike if contract negotiations fail...
Ticketmaster, SeatGeek to Show Full Ticket Prices Up Front as Biden Targets ‘Junk Fees’
Two of the biggest U.S. ticket sellers plan to change how they display prices to concertgoers, moves aimed at simplifying...
The ‘Taxi Prince’ Is Taking on Uber—and Winning
Uber has been outmaneuvered in one of the world’s largest taxi markets by the man known as Japan’s taxi prince....
Railroads Offer Paid Sick Leave, Better Work Conditions After Yearslong Efficiency Push
Union Pacific, CSX and Norfolk Southern agree to labor-friendly policies to ease staffing strains. Source link
