Supersonic planes will change travel forever A new supersonic commercial airliner was announced on Monday, one that its designer and manufacturer says will reach speeds of Mach 4-plus. Aerion said the AS3 will make its first flight before the end of the decade, with the ability to fly up to 500 passengers for
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FedEx to expand international air offerings next quarter
FedEx Freight Company to beef up Europe-to-US priority service, launch intercontinental network geared to e-commerce users FedEx Corp. has announced that it will roll out two intercontinental delivery products within the next couple of months as it looks to beef up its lagging global e-commerce operations and capitalize on the continued tightness
Airline plans for long-term coronavirus travel drought
The airline says it believes it has survived the worst of the coronavirus pandemic. By Alison Cider After raising more than $ 100 billion through government assistance and mortgages on assets such as planes and frequent flyer programs, airlines are likely to have enough cash to withstand a long-term recession. Cowen &
Driverless race steps up with Cruise allowed to drive empty in San Francisco
FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco By Jane Lanhee Lee The race for driverless autonomous vehicles is heating up and on Thursday Cruise became the first to receive a permit to test cars without anyone in
Amazon and FedEx Push to Put Delivery Robots on Your Sidewalk
Amazon hopes its Scout robots will carry packages autonomously the “last mile,” from delivery hubs to homes. PHOTOGRAPH: ROGER KISBY/GETTY IMAGES The companies are backing bills in more than a dozen states that would legalize the devices. Some bills would block cities from regulating them at all. IN FEBRUARY, A lobbyist friend urged Erik
UK’s Gatwick Airport to cut up to 600 jobs amid travel slump
Gatwick airport, London LONDON (Reuters) - Gatwick Airport, Britain’s no.2 airport to the south of London, said it needed to axe up to 600 jobs, nearly a quarter of its workforce, because of the travel slump caused by COVID-19. The travel industry has been hit hard by the pandemic. Lockdowns which prevented
The e-commerce boom makes warehouses hot property
The warehouse king battles a master of the universe In the late 1990s Hamid Moghadam, an Iranian-born property developer, made a $5m bet on Webvan, an American online grocer. It was a bust. Webvan was one of the most spectacular casualties of the dotcom crash. More galling still, Mr. Moghadam turned down
Uber launches mask verification as part of new safety measures
Delta Air to retire all of its 777 jets, in latest blow to Boeing
U.S. Postal Service reviewing delivery contracts: WashPost
WASHINGTON (Reuters) - The U.S. Postal Service has launched a review of package delivery contracts with Amazon.com, United Parcel Service Inc, FedEx and other large shippers, The Washington Post reported on Thursday, citing six people with knowledge of agency operations. The USPS has sought bids from consulting firms to assess what