The Federal Railroad Administration has told Amtrak to prepare for a sweeping organisational overhaul that would carve America’s national passenger railroad into three distinct entities, triggering alarm from labour unions and leaving Capitol Hill scrambling to understand the downstream consequences. Under the proposal, which the FRA outlined to the Rail Passengers Association in a series of briefings this month, Amtrak would become an umbrella holding company overseeing one

Robert Isom became CEO of American Airlines in 2022 American Airlines is one of the world's largest carriers. It flies millions of passengers every year, generates tens of billions in revenue, and employs a workforce that spans the globe. So when its own employees publicly declare they have lost faith in the person running the show, it is worth paying attention. CEO Robert Isom, who took the helm nearly four years ago, is now facing what may be the most serious internal leade

The US Department of Transportation has moved to close more than 550 commercial driver's licence training schools across the country after a sweeping five-day federal investigation uncovered widespread safety violations and fraudulent practices. Transportation Secretary Sean Duffy announced the enforcement action on 18th February, revealing that more than 300 Federal Motor Carrier Safety Administration investigators had been dispatched across all 50 states to conduct over 1,4

The most consequential standoff in modern US maritime policy is currently on pause. And that's precisely what has the shipping industry nervous. Last November, following the Trump-Xi summit in South Korea, Washington and Beijing agreed to a mutual suspension of the tit-for-tat port fees each had levied against the other's vessels. The ceasefire runs through November 9, 2026 — a deadline now looming over every chartering decision, fleet deployment, and contract negotiation in

Key Points Canadian travel to the U.S. remains at record lows under the Trump administration. Major Canadian airlines have all reduced their flights to smaller U.S. cities. One Canadian carrier is now phasing out its last flights to Florida by the summer of 2026. Amid President Donald Trump’s repeated targeting of the country with threats and insults, Canadian travel to the U.S. has remained at record low levels . This is despite early analyst predictions that the initial nos

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