Tag Archives: Transportation

Read SpaceX president Gwynne Shotwell’s speech to 2021 graduates, urging US educational reforms

“Hey, Class of 2021, I’m incredibly proud to be your commencement speaker. Thank you, Morty [Schapiro] for inviting me, and thanks to the board and Lanny Martin, its chairman, for allowing me to speak, even though you guys know me for my six years of service on this board, and that this invitation is a […]

GE, Safran working on cleaner energy aircraft engines that could work with hybrid technology, hydrogen

A CFM56-7B aircraft engine from a Boeing 737 stands on assembly stands in a maintenance hangar at MTU Maintenance Berlin-Brandenburg. Patrick Pleul | picture alliance | Getty Images General Electric‘s aviation unit and its joint-venture partner Safran of France on Monday said they are developing new airplane engines that aim to cut emissions by more […]

GM, Ford are all-in on EVs. Here’s how their dealers feel about it

A sign is unveiled at General Motors Detroit-Hamtramck Assembly on Oct. 16, 2020, introducing the facility’s new name: Factory Zero, Detroit-Hamtramck Assembly Center. GM After years of come-and-gone predictions that battery-powered sedans, pickups and SUVs would replace gas-guzzling, emissions-spewing models, the shift to electric vehicles is revving up. Beyond EV pioneer and market leader Tesla, […]

How bad are global shipping snafus? Home Depot contracted its own container ship as a safeguard

A Home Depot location in Encinitas, California. Mike Blake | Reuters Home Depot is one of the largest importers in the country. Yet with congested ports, container shortages and Covid-19 outbreaks slowing shipments, the company made a decision: It was time to get its own boat. “We have a ship that’s solely going to be […]

Branson’s Virgin Orbit in talks with former Goldman partner’s SPAC for $3 billion deal to go public

Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Virgin Orbit, the satellite-launching spinoff of Sir Richard Branson’s Virgin Galactic, is in advanced discussions […]

Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million

A New Shepard rocket launches on a test flight. Blue Origin Jeff Bezos‘ space venture Blue Origin auctioned off a seat on its upcoming first crewed spaceflight on Saturday for $28 million. The winning bidder, whose name wasn’t released, will fly to the edge of space with the Amazon founder and his brother Mark on […]

Auto insurance rates rise, but insurers could still qet squeezed by higher costs ahead

An employee at a used auto dealership treads water as he checks on vehicles they are moving out of the rising waters from two days of heavy rain in Lexington, Miss., Thursday, June 10, 2021. Rogelio V. Solis | AP Despite recent increases in auto insurance rates, the market is still soft, according to Elyse […]

United Airlines says rising travel demand will spare flight attendants, thousands of others from furlough this fall

United was the first commercial airline to fly the first FDA-authorized Covid vaccines to the U.S. Source: United Airlines United Airlines told more than 40,000 employees on Friday that their jobs are safe when federal Covid-19 aid for the sector expires this fall thanks to a rebound in travel demand. The recovery in bookings, led […]

Swarm of cicadas ground White House press corps charter, delaying flight to Europe

Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPhoto | Getty Images A swarm of cicadas grounded a White House charter jetliner late Tuesday, delaying dozens of reporters set to travel to Europe ahead of President […]

How these millennial tech founders pulled off Indonesia’s biggest-ever business deal

Kevin Aluwi and William Tanuwijaya recently made Indonesian history. As founding members of GoTo Group, the 30-somethings are responsible for creating Indonesia’s newest and most valuable tech company after merging their ride-hailing and e-commerce start-ups in the country’s biggest-ever business deal. The combined entity contributes 2% to Indonesia’s GDP via its various business lines including […]

Relativity Space raises $650 million from Fidelity and others to build 3D-printed SpaceX competitor

An artist’s rendition of a Terran R rocket launching to orbit. Relativity Space 3D-printing specialist Relativity Space raised $650 million to step up work on a fully reusable rocket that will attempt to challenge Elon Musk’s SpaceX in less than three years, the company announced on Tuesday. The money will be used “to accelerate some […]

Southwest Airlines raises order for smallest Boeing 737 Max by 34 planes

Boeing 737 MAX airplanes are seen parked at a Boeing facility on August 13, 2019 in Renton, Washington. David Ryder | Getty Images Southwest Airlines said Tuesday it is increasing its order for Boeing‘s smallest 737 Max model by nearly three dozen planes, citing an improvement in travel demand. The Dallas-based airline said in a […]

Ford’s new Maverick hybrid pickup will get 40 mpg in the city and starts at $19,995

DETROIT – Ford Motor’s new Maverick truck will be the first pickup in America with a standard gas-electric hybrid engine when it goes on sale this fall starting at about $20,000. The company unveiled the compact pickup Tuesday as the smallest vehicle in its highly profitable truck lineup, slotting below the full-size Ford F-150 and […]

Jeff Bezos will fly on the first passenger spaceflight of his company Blue Origin in July

Jeff Bezos takes a look at the New Shepard rocket booster on the landing pad after a successful NS-15 flight and landing in April 2021. Blue Origin Jeff Bezos will fly on the first passenger flight of his space company Blue Origin, which the company plans to launch on July 20, the billionaire announced on […]

United will require new employees to show proof of Covid vaccine, following Delta

A United Airlines Boeing 777-200ER plane is towed as an American Airlines Boeing 737 plane departs from O’Hare International Airport in Chicago, Illinois. Kamil Krzaczynski | Reuters United Airlines this month will start requiring new hires to show proof that they have been vaccinated against Covid-19, following a similar move by Delta Air Lines. The […]