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...EP said Royal Mail was in a “challenging situation”....
...Alex Irving, logistics industry analyst at Bernstein, said InPost, which unlike Royal Mail is profitable, was opening new locations “all the time”....
...They also cast doubt on the idea of contracting a Royal Air Force plane to transport asylum seekers, saying it would be “very expensive”....
...The figure is broadly in line with the operating loss that analysts expect at Royal Mail in the 12 months to March this year....
...Unlike at Royal Mail, these other earnings have helped Poste Italiane cope with the burden of last-mile deliveries. andrew.whiffin@ft.com...
...Alexander Paterson, transport analyst at investment bank Peel Hunt, said the new sorting hub investment was “not a magic wand” for Royal Mail, which was privatised in stages between 2013 and 2015 and belongs...
...“If the last 10 years are any guide, the risk of [the turnaround’s] not coming through are high,” said Alexander Paterson, transport analyst at Peel Hunt.Even if successful with its bid, EP Group will need...
...Industry-wide ASK has shrunk 5.6 per cent over the same period as many carriers retrenched during the pandemic, according to the International Air Transport Association....
...Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association. That is 200mn more than the pre-pandemic high set in 2019....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...This will be followed by a minimum of £20mn a year over 10 years to build more homes, develop the transport network and support local schools....
Approach for Aloha state carrier seems timed to gain from a rally in the currency but there are factors working against that too
A tie-up with Frontier might be the cleanest way forward
Collapse in would-be buyer’s share price suggests the market thinks this deal will stay grounded
Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group’s IPO
It would be better to look at ecommerce giant Amazon and the scale of its third-party shipping service
...Technical specialists from the National Transportation Safety Board, the independent US government agency responsible for investigating civil transport accidents, will be poring over every inch of the door...
...In 1904, the British Royal Navy admiral Sir John Fisher declared: “Five keys lock up the world! Singapore, the Cape, Alexandria, Gibraltar, Dover. These five keys belong to England.”...
...The crash suggested the protection around the bridge’s piers — or main supports — from ships was “inadequate”, said Robert Benaim, a fellow of the UK’s Royal Academy of Engineering....
...Berkshire, whose related interests include car insurer Geico and dealership Berkshire Hathaway Automotive, was regarded as a vote of confidence in the US economy and more particularly in the traditional transport...
Aircraft manufacturer has been under scrutiny after crashes involving variants of the plane in 2018 and 2019
Delivery group returns to policy of employees being back in the office five days a week
...Is urban transport really winner-take-most? Until we see more evidence, we’ll continue to see Uber as a fast growing, moderately profitable transport company....
...backyard of a Portland resident on Sunday night, according to Jennifer Homendy, chair of the National Transportation Safety Board, the independent US government agency responsible for investigating civil transport...
Rental pioneer is fastest ever to reach a ‘unicorn’ valuation above $1bn
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