Transportation
Frontier Airlines cuts flights after travel demand fell in March
Frontier Airlines Nurphoto | Nurphoto | Getty Images Frontier Airlines joined Delta Air Lines in pulling its full-year outlook and cutting flights due to a drop in demand and an “uncertain environment.” The budget airline also cut its first-quarter outlook. Frontier said its revenue growth likely rose 5% in the first quarter, with capacity up […]
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UN shipping agency strikes deal on fuel emissions, pollution fees
A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | Reuters Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that […]
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Helicopter crashes in Hudson River off of Manhattan, police say
The sun on the skyline of lower Mahattan and One World Trade Center in New York City on March 5, 2025, as seen from Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty Images A helicopter crashed into the Hudson River off of Manhattan on Thursday, police said. There are “multiple fatalities,” NBC […]
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Tesla launches in Saudi Arabia amid Chinese competition and tumbling sales
Tesla Cybertruck Courtesy: Tesla Tesla, Inc. is debuting sales in Saudi Arabia, the oil-rich kingdom whose long desert highways are home to gas-guzzling SUVs — and where there are no chargers to be found for hundreds of miles. The American electric vehicle maker is hoping that success in neighboring countries like the United Arab Emirates […]
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Shipping giant Maersk, a bellwether for global trade, pops 10% on Trump’s tariff pause
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Shares of Danish shipping giant Maersk, a bellwether for global trade, posted substantial gains on Thursday morning, rallying after U.S. President Donald Trump’s 90-day pause on higher tariffs for some countries. […]
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Canada’s 25% auto tariffs are in effect. Here’s how they differ from the U.S.
Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — Canada’s 25% auto tariffs took effect Wednesday on U.S.-produced vehicles and many parts in American cars and trucks, but the new levies differ in important […]
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Delta CEO says Trump’s trade war is hurting bookings as airline axes 2025 flight growth plans
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines won’t expand flying in the second half of the year because of disappointing bookings amid President Donald Trump’s shifting trade policies, which CEO Ed Bastian called “the wrong approach.” […]
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World’s first-ever global emissions tax is on the table at crunch shipping talks
Aerial view of containers for export sitting stacked at Qingdao Qianwan Container Terminal on April 5, 2025 in Qingdao, Shandong Province of China. Vcg | Visual China Group | Getty Images The United Nations shipping agency is on the cusp of introducing binding regulations to phase out fossil fuel use in global shipping — with […]
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GM axing Cadillac XT6 crossover, extending production of another vehicle in Tennessee
A Cadillac XT6 vehicle is seen at the La Fontaine Cadillac dealership in Highland, Michigan, September 18, 2019. Rebecca Cook | Reuters DETROIT — General Motors is ending production this year of a gasoline-powered Cadillac crossover at a plant in Tennessee, while extending production of another vehicle at the facility, CNBC has learned. The Detroit […]
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Emirates President Tim Clark warns of ‘uncharted territory’ as tariffs hit global aviation
Emirates President Tim Clark warned that the aviation industry is in “uncharted territory” as U.S. President Donald Trump’s sweeping tariffs and trade disputes weigh on global growth and threaten to drive up costs for airlines worldwide. “Right now, we are in troubled times,” Clark told CNBC in an interview recorded March 20 — ahead of […]
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