International airlines are suspending flights to Cuba as the nation continues to face a worsening fuel shortage. As a result, Canada and the UK have both issued government advisories warning their citizens against unessential travel to the Caribbean island. The fuel crisis began after US authorities instituted a blockade against Venezuela's oil shipments to Cuba, cutting off a significant portion of the island's supply. The situation escalated on February 9, when Cuban aviat

American Airlines announced Thursday it has chosen CFM International to supply engines for its upcoming Airbus A321neo aircraft deliveries. The decision continues the airline's existing partnership with CFM for its current A321neo fleet, helping streamline operations and reduce costs. American Airlines announced Thursday that it has chosen CFM International to supply engines for its future fleet of Airbus A321neo aircraft. The major U.S. airline had ordered 260 new planes in

In an extremely competitive world of US commercial aviation, where mergers, bankruptcies, and rebrands have wiped out once solid brand names like Pan Am , Eastern, and TWA, a handful of carriers have quietly stood the test of time. These airlines began flying in aviation’s earliest commercial era and, remarkably, continue to operate today under recognizable original identities. Their centennial and near-centennial stories are about constant reinvention. They embody the turbul

Railroad giant asks STB to investigate rival's handling of intermodal trains on the Meridian Speedway — a 300-mile flashpoint where merger ambition meets operational reality Union Pacific is pressing federal regulators to open a formal investigation into Canadian Pacific Kansas City's handling of intermodal freight on the Meridian Speedway, a 302-mile joint rail corridor between Shreveport, Louisiana and Meridian, Mississippi that has become one of the most consequential chok

Two A320neos barely four years old are being torn apart in an Arizona desert, making them the youngest next-generation airframes ever dismantled Two Airbus A320neo aircraft that were flying Spirit Airlines passengers just months ago are now being stripped for parts at a facility in Goodyear, Arizona. The jets are three-and-a-half and four years old respectively — making them the youngest A320neo airframes ever to be scrapped. It is a stark illustration of just how far the onc

Moody's has stripped freight brokerage giant RXO of its investment-grade credit rating, cutting it one notch to Ba1, a move that underscores just how deep the pain runs in America's trucking sector even as the market shows early signs of tightening. The downgrade, announced on Tuesday, applies to RXO's senior unsecured notes, its corporate family rating, and its probability of default rating. It also covers a newly announced $400 million debt offering due in 2031, which RXO i

American, Delta and United collectively generated over $170 billion in revenue in 2025. Yet for every dollar that comes in, airlines keep just four cents in profit. Understanding how the other 96 cents gets consumed explains why the airline business remains, as Warren Buffett put it, "the worst sort of business … one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money." Here is how a single dollar of airline revenue gets

The container shipping industry's biggest deal in years landed Monday, as Germany's Hapag-Lloyd signed a definitive agreement to acquire Israeli rival ZIM Integrated Shipping Services in an all-cash transaction valuing the company at $4.2 billion. The $35-per-share offer represents a staggering premium over ZIM's recent trading price — 58 percent above its closing price on February 13 and 126 percent above its unaffected share price of $15.50 last August, before market specul

The crisis engulfing American Airlines CEO Robert Isom deepened this week as the Allied Pilots Association declared it has "lost confidence in management's ability to correct course," adding to a growing revolt from the carrier's workforce over chronic underperformance. The APA, representing more than 16,000 pilots, wrote to the airline's board of directors on 6th February demanding that union president Captain Nick Silva be granted a direct audience with the board to present

Union Pacific and Norfolk Southern face a Monday deadline to tell federal regulators whether they intend to refile their merger application, as bipartisan opposition to the proposed $85 billion deal intensifies on Capitol Hill. The Surface Transportation Board rejected the railroads' initial application in January, deeming it incomplete and citing a lack of critical detail on competitive impacts and control of key infrastructure hubs. The agency gave the two carriers until 17

American, Delta and United collectively generated over $170 billion in revenue in 2025. Yet for every dollar that comes in, airlines keep just four cents in profit. Understanding how the other 96 cents gets consumed explains why the airline business remains, as Warren Buffett put it, "the worst sort of business … one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money." Here is how a single dollar of airline revenue gets

A landmark piece of federal legislation introduced last week could fundamentally reshape the American trucking industry by allowing autonomous freight trucks to generate revenue while still in their testing phase. The Self Drive Act of 2026, formally introduced on February 5 by Rep. Bob Latta (R-Ohio), grants the Secretary of Transportation explicit authority to permit manufacturers and fleet operators to conduct "limited commercial operations" under a testing permit — a firs

Our guest has spent over two decades analyzing airline balance sheets, advising institutional investors, national publications and watching carriers rise and fall. They agreed to speak candidly on the condition of anonymity so they could say what they really thought without the constraints of their organization.  Q: Airlines keep posting record or near-record profits, yet every earnings call is full of talk about "discipline"; capacity discipline, cost discipline, capital dis

It is the most ambitious piece of maritime legislation since Richard Nixon was in the White House, and it arrived with something rare in Washington: genuine bipartisan backing. The SHIPS for America Act, championed by Senators Mark Kelly and Todd Young alongside Representatives Garamendi and Trent Kelly, sets a blunt national target — 250 new US-flagged vessels added to the international fleet within a decade. The problem is the country that once built liberty ships by the th

The Portal North cutover marks a turning point for the Gateway Program — and a month of misery for Northeast Corridor commuters Starting Thursday, Amtrak will begin transferring rail traffic from the 114-year-old Portal Bridge to the newly constructed Portal North Bridge over the Hackensack River in Kearny, New Jersey — a milestone that has been decades in the making and arrives at a moment when the broader Gateway Program faces an uncertain political future. The cutover, whi

A startup founded by a former CIA officer just pulled in $60 million to bring intelligence community tactics to one of the most unglamorous corners of the American economy — and Washington is paying attention. GenLogs, an Arlington, Virginia-based firm that deploys roadside sensors and artificial intelligence to track truck movements across the country, closed its Series B round this week, led by Battery Ventures with participation from IVP, Cathay Innovation and 9Yards. The

United Airlines pulled the plug on 600 flights this week as it forced through one of the most ambitious technology overhauls in recent aviation history — a cloud migration that executives are betting will future-proof the carrier but which left thousands of passengers stranded in the process. The airline shut down its reservation system for three and a half hours in the early hours of Wednesday, transitioning its core booking infrastructure to Amazon Web Services. The planned

Federal regulators escalated enforcement of electronic logging device standards in late January, pulling eight devices from the approved list within a two-week span after companies failed to meet minimum technical requirements — though two have since been reinstated following swift corrective action. The Federal Motor Carrier Safety Administration removed the devices for noncompliance with Title 49 CFR regulations governing ELD functionality. FMCSA Administrator Derek Barrs s

The Surface Transportation Board is intensifying scrutiny of America's largest freight railroads as complaints mount over service disruptions linked to controversial operational changes implemented in recent years. At issue is Precision Scheduled Railroading (PSR), a lean operating model that has swept through the industry, promising enhanced efficiency and profitability. Under PSR, railroads run longer, less frequent trains on fixed schedules while dramatically reducing loco

American container imports ended 2025 in a four-month decline that analysts warn will extend deep into 2026, as President Donald Trump's aggressive tariff policies trigger a fundamental reshaping of global commerce away from US ports. Inbound volumes plummeted 6.4% year-over-year in December to 1.9 million twenty-foot container units, according to industry analyst John McCown's monthly tally of the nation's top ten gateways. The slide follows a 5.7% drop the previous month, m