Tag: logistics

Biden’s $3.1 Billion Train Ticket to Nowhere
Health

Biden’s $3.1 Billion Train Ticket to Nowhere

It didn’t get a lot of attention, but last month the White House awarded $3.1 billion to the California High-Speed Rail project. This was supposed to be a bullet train connecting San Francisco and Los Angeles in less than three hours. Instead, its costs keep rising even as the state scales back the plan. Since 2008, when California voters authorized a $10 billion bond issue for the train, they’ve been sold a bill of goods.The original total estimated construction cost to taxpayers was $33 billion. That’s risen to at least $100 billion. The authority decided to offer service between San Francisco and Los Angeles in Phase I, then eventually extend the train service north to Sacramento and south to San Diego. Phase I was to have been completed by 2020. Copyright ©2024 Dow Jones & Company...
All Passengers on Japan Airlines Jet Evacuated After Plane Collision
World

All Passengers on Japan Airlines Jet Evacuated After Plane Collision

Updated Jan. 2, 2024 7:04 am ETTOKYO—A Japan Coast Guard plane and a Japan Airlines passenger jet collided at Tokyo’s Haneda Airport but all 379 people on board the passenger jet were able to escape, Japan Airlines said.Five of the six people aboard the Coast Guard plane died in the crash, Japanese Prime Minister Fumio Kishida said. He said they were planning to deliver relief supplies to people affected by an earthquake on the Japan Sea coast on New Year’s Day.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S. Navy Destroys Boats Controlled by Iran-Backed Militias in Red Sea
World

U.S. Navy Destroys Boats Controlled by Iran-Backed Militias in Red Sea

By Benoit Faucon and Carrie Keller-LynnUpdated Dec. 31, 2023 11:26 am ETListen to article(2 minutes)A U.S. Navy vessel destroyed three boats carrying pro-Iranian Yemeni rebels after they attacked a Danish-owned containership early Sunday, the latest in a string of assaults that have disrupted maritime traffic in the Red Sea. Meanwhile, Israeli forces raided what they described as a key Hamas command post in Khan Younis on Saturday, gathering intelligence as Israel searches for Hamas leaders and underground tunnels in the militant group’s southern stronghold, currently the focus of Israel’s ground campaign in the Gaza Strip.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Delta Throttles Back on Pilot Hiring
World

Delta Throttles Back on Pilot Hiring

Delta Air Lines plans to hire roughly half as many pilots next year as it did in 2023, the latest sign that a more than two-year-long pilot hiring spree is starting to slow.Major carriers have been hiring pilots at a record clip as they raced to catch up with the rapid rebound in travel demand that followed the Covid-19 pandemic. They hired over 13,000 pilots last year and are on track to bring on nearly as many this year, according to FAPA.aero, a pilot career advisory firm.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The New Star on the Political Scene: The Chip Industry
Technology

The New Star on the Political Scene: The Chip Industry

Updated Dec. 29, 2023 12:06 am ETSemiconductors have played the starring role in state visits. Nvidia’s chief executive was feted by heads of state like a visiting dignitary. Government delegations have shuttled around the globe hobnobbing with chip makers. For an industry that suddenly finds itself as a geopolitical showpiece, the attention is a mixed bag.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The New Star on the Political Scene: The Chip Industry
World

The New Star on the Political Scene: The Chip Industry

Updated Dec. 29, 2023 12:06 am ETSemiconductors have played the starring role in state visits. Nvidia’s chief executive was feted by heads of state like a visiting dignitary. Government delegations have shuttled around the globe hobnobbing with chip makers. For an industry that suddenly finds itself as a geopolitical showpiece, the attention is a mixed bag.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Hapag-Lloyd to Continue Avoiding Red Sea Despite U.S.-Led Naval Deployment
World

Hapag-Lloyd to Continue Avoiding Red Sea Despite U.S.-Led Naval Deployment

German shipping company Hapag-Lloyd said it will continue to avoid the Red Sea because it considers the area is still too dangerous despite the U.S. and allies deploying naval ships to deter further strikes by Houthi militants.“We continuously assess the situation and plan a next review on Friday,” a spokesperson of the German shipping giant said Wednesday. It will continue to reroute its ships via the Cape of Good Hope in South Africa.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Why Can’t Italy’s Economy Get Into Gear? Consider the Taxi Line
World

Why Can’t Italy’s Economy Get Into Gear? Consider the Taxi Line

Updated Dec. 26, 2023 12:04 am ETMILAN—Finding a taxi in Italy’s financial capital when it is raining involves long lines and patience. During trade fairs and fashion shows it is even harder: Demand surges but the number of taxis stays the same.Even on sunny days, there are lines of suitcase-laden travelers searching forlornly for a taxi at airports and train stations around Italy. Many locals don’t even bother trying. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Fog at Chicago’s Midway Airport Is a Blip in Otherwise Smooth Christmas Travel Weekend
World

Fog at Chicago’s Midway Airport Is a Blip in Otherwise Smooth Christmas Travel Weekend

Updated Dec. 24, 2023 6:48 pm ETAn overall smooth weekend of holiday travel ran into a hiccup as dense fog made it harder for flights to reach Chicago’s Midway International Airport before Christmas Eve. Southwest Airlines accounts for over 90% of Midway’s passengers and was the hardest hit as the Federal Aviation Administration stopped or slowed Midway-bound flights Saturday night and throughout much of Sunday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Maersk to Resume Red Sea Shipments as Multinational Force Deploys
World

Maersk to Resume Red Sea Shipments as Multinational Force Deploys

Moller-Maersk said Sunday it plans to restart shipments through the Red Sea after pausing operations there earlier this month following attacks on its vessels. The shipping and logistics company said it had started preparing to allow vessels to resume both east- and westbound movements through the Red Sea, a waterway that leads to the Suez Canal—a major thoroughfare for global trade.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8