U.S. airlines will benefit from the Biden administration's decision https://www.reuters.com/world/uk/us-relax-travel-restrictions-passengers-uk-eu-november-source-2021-09-20 on Monday to reopen the country to fully-vaccinated air travelers from around the world, experts said, but the outlook for lucrative business travel was less certain.
Leading factoring company Charter Capital says new challenges are on the horizon for small and midsize trucking companies. Joel Rosenthal, Co-founder and Executive Manager at Charter Capital, says the change is hitting small and midsized trucking companies the hardest, as they typically have the tightest margins to begin with. "It's a widespread problem that's been increasing," Rosenthal explains.
Profound Positioning Inc., the globally recognized experts in navigation and positioning software, are disrupting the industry with their Instant Vehicle Tracking solution.
The wooden furniture market revenue is anticipated to record a valuation of USD 550 billion by 2027, according to the most recent study by Global Market Insights Inc. Growing consumer spending on luxury furniture will spur the industry statistics.
- Several U.S. airlines on Thursday warned of a slowdown in ticket sales and cut revenue forecast as the fast-spreading Delta variant of the coronavirus threatens to blunt the recovery in travel that had started following the roll out of vaccines. American Airlines expects third-quarter total revenue to be down about 24% to 28% compared with the same period in 2019.
Several U.S. airlines on Thursday warned of a slowdown in ticket sales and cut revenue forecast as the fast-spreading Delta variant of the coronavirus threatens to blunt the recovery in travel that had started following the roll out of vaccines. American Airlines expects third-quarter total revenue to be down about 24% to 28% compared with the same period in 2019.
Major U.S. airlines plan to announce on Thursday that they will back a voluntary industry target of 3 billion gallons of sustainable aviation fuel in 2030 as the White House looks to reduce aviation sector emissions, sources told Reuters. Airlines for America, an industry trade group, in March had set a 2030 goal of producing and deploying 2 billion gallons of sustainable aviation fuel.
Axele, LLC, a Transportation Management System company, will sponsor a free webinar, "Best Fleets to Drive for Trends from the C-Suite to the Driver Suite."
Leading shipping associations have proposed creating a global levy on carbon emissions from ships to help speed up the industry's efforts to go greener. With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions and the sector is under growing pressure to get cleaner.
Israel has opened a new shipping port along its Mediterranean coast that will bring much needed competition to a sector plagued by delays and boost the country's standing as a regional trade hub. The 5.5 billion shekel Bay Port at Haifa, which will be operated by Shanghai International Port Group, will enable larger classes of cargo ships, carrying 18,000 containers or more, to dock in Israel.
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