DETROIT (Reuters) - Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc, but Americans love big, fuel-thirsty trucks like Ford Motor Co’s best-selling F-Series pickups and are paying ever-higher prices to buy them. The auto industry is at a crossroads, with the future of legacy automakers like
Year: 2017
Airlines’ Low Lifespan Points to Poor Management, Maintenance Cost
Defunct Air Nigeria Lagos (Business-Day) -Poor business management by domestic airline operators and heavy cost of aircraft maintenance have been identified as reasons airlines have lifespan below 10 years in Nigeria. BusinessDay’s checks show that since the establishment of the Nigeria Civil Aviation Authority (NCAA) in 2000, domestic airlines on the register of
Announcing DR. OBIORA MADU – Guest Columnist
Dr. Obiora Madu Moov Logistics News is pleased to announce that beginning from Monday, October 30, 2017 readers will be treated weekly with the insightful, scholarly and professional contributions of the renowned Dr. Obiora Madu (Mr. Export), the quintessential 'logistician' and export expert. Dr. Madu will be writing on a wide range
Asia’s Oldest Railway Opens Door to Private Steel Producers
Asia's Oldest Railway Bloomberg - Indian Railways has floated a global tender to procure rails, a move that may end the monopoly of state-run supplier Steel Authority of India Ltd. as Asia’s oldest network seeks to plug a supply shortfall. The state-run freight and passenger carrier is seeking to buy 700,000 metric tons
American and Southwest signal rising airline prices ahead
American and Southwest DALLAS (AP) — American and Southwest are expecting their average prices to move higher the rest of this year, which would mark a shift from fare wars that have cut into profits and created turbulence for airline stock prices. Both carriers said Thursday that they see a key measure
New screenings begin for passengers on US-bound flights
DUBAI, United Arab Emirates (AP) — New security screenings for all passengers on U.S.-bound flights began on Thursday, with airlines worldwide questioning flyers about their trip and their luggage in the latest Trump administration decision affecting global travel. However, confusion still remains about the new regulations, which come at the end
Sales of U.S. pickups lift Ford profit; self-driving test set for ’18
A Ford logo is shown at an event that celebrates the opening of the new U.S. production line where the 2013 Ford Fusion midsize sedan is made at the Flat Rock Assembly Plant in Flat Rock, Michigan. Photo by Bill Pugliano/Getty Images DETROIT (Reuters) - Ford Motor Co reported a better-than-expected quarterly net
UPS beats revenue expectations, boosted by international, supply chain sales growth
UPS SCS Case Study United Parcel Service Inc. UPS, -0.96% reported Thursday third-quarter net income of $1.26 billion, or $1.45 a share, compared with $1.27 billion, or $1.44 a share, in the same period a year ago. The FactSet consensus for earnings per share was $1.45. Revenue rose 7% to $15.98 billion,
UK car manufacturing falls in September
Image credit BBC. UK car production UK car production fell during September as confidence was hit by Brexit uncertainty, according to a major car industry body. Plans to improve air quality also added to the decline in car output, the Society of Motor Manufacturers and Traders (SMMT) said. A 14% fall in demand
Here’s Toyota’s Challenge to Rolls-Royce and Bentley
New Toyota Century Is Japan's Challenge to Rolls-Royce, Bentley - Bloomberg The first update on the executive saloon in two decades brings a hybrid engine and new interior technology—but to collectors’ dismay, it won’t be available outside Japan. Toyota has just introduced a new Century. This is a big deal. The Toyota