Today's Transportation Pulse
U.S. Navy rescues 14 Indian mariners near Hormuz as political tensions flare
The U.S. Navy saved 14 Indian sailors from a distressed merchant vessel on the Hormuz shipping lane. Following the rescue, U.S. Senator Rubio defended continued Hormuz enforcement amid protests from India over recent seafarer deaths.
Also developing:
By the numbers: MIAA acquires Terminal 3 property for $890M
Vegas Loop to Take Over Monorail?
The Boring Company’s Vegas Loop is proposing to dismantle the aging Las Vegas Monorail’s 3.9‑mile elevated guideway and replace it with a precast two‑lane roadway for Tesla‑driven Loop vehicles. Existing monorail stations would be retrofitted as Loop access points, eliminating the need for a new four‑mile tunnel between the South and North Strip. The monorail, bought by the Las Vegas Convention and Visitors Authority for $24.3 million in 2020, now costs over $500,000 annually to operate and suffers from aging Bombardier trams. The plan aims to cut capital expenses while extending the Loop’s reach, though it may re‑introduce surface‑level traffic congestion.
Why NATO's Most Advanced American Fighter Jet Is Now Being Built In Italy
Lockheed Martin’s F‑35 Lightning II is now assembled in Italy’s Cameri plant, the only non‑U.S. facility capable of producing the carrier‑compatible F‑35B. European aerospace firms contribute roughly a quarter of every jet’s parts, while the Italian site handles final assembly, stealth...
EVgo Inc (EVGO) Q1 2026 Earnings Call Transcript
EVgo reported a 50% revenue surge to $384 million in 2025, with fourth‑quarter sales jumping 75% to $118 million. The company achieved adjusted EBITDA breakeven for the first time, posting a positive $25 million in Q4 after a $24 million contract buyout. Its network...
Scorpio Tankers Inc (STNG) Q1 2026 Earnings Call Transcript
Scorpio Tankers reported $152 million adjusted EBITDA in Q1 2026, bringing full‑year adjusted EBITDA to $568 million. The company transformed its balance sheet, shifting from $3.1 billion net debt in 2021 to a $309 million net cash position and $1.7 billion of total liquidity. Daily...
Harley-Davidson Inc (HOG) Q1 2026 Earnings Call Transcript
Harley‑Davidson reported a solid start to 2024, with North American retail sales rising 6% while global revenue slipped 3%. The company launched revamped Street Glide and Road Glide touring models and expanded its CVO lineup, generating strong dealer and consumer...
DHT Holdings Inc (DHT) Q1 2026 Earnings Call Transcript
DHT Holdings reported a cash balance of $58.7 million and total liquidity of $235 million at the end of Q1 2022, with EBITDA of $14.4 million but a net loss of $17.3 million after a $7.5 million non‑cash gain. The company maintained tight cost control, operating...
VSE Corp (VSEC) Q1 2026 Earnings Call Transcript
VSE Corp announced a definitive agreement to acquire Aero 3 for $350 million in cash, a deal slated to close in Q4 2025. The acquisition adds a global wheel‑and‑brake MRO platform that generated $120 million in trailing‑twelve‑month revenue, with over 20% EBITDA margins. VSE...
Questar Releases Total Fleet Health Solution Worldwide
Questar Auto Technologies has rolled out its Total Fleet Health solution worldwide, featuring upgraded AI models that deliver root‑cause analysis, early fault detection, and dynamic health scores for each vehicle. The platform now includes an embedded AI Assistant that answers...
USAF Plans $3 Billion-Plus for Executive Airlift, Air Force One
The U.S. Air Force is allocating roughly $3.4 billion over the next five years to modernize its executive airlift fleet, including $2.19 billion for 17 new C‑37C jets and $1.17 billion for the long‑delayed VC‑25B "Air Force One" replacement. The aging C‑37, C‑32...
Choose Forwarders that Align with Your Supply Chain Value
Bottom line up front: No, they did not. More robust answer: We obviously have to respect what Amazon is doing and will not dismiss them out of hand, but this is a product that has been on the market for years now...
91 Jets Across 26 Airports: Inside Spirit Airlines’ Ferry Flights & Who’s Flying Them
Spirit Airlines shut down, leaving 91 Airbus A320‑family jets stranded at 26 U.S. airports. Its two biggest bases—Fort Lauderdale‑Hollywood (17 aircraft) and Orlando International (15 aircraft)—accounted for roughly a quarter of the fleet. In the past few days three A321‑200 NEO...
Prosecutors' Report Faults Bayesian's Crew for Sinking
The luxury superyacht Bayesian capsized off Sicily on August 19, 2024, killing tech billionaire Mike Lynch, his teenage daughter, and six others. Italian prosecutors commissioned a report that blames crew error—specifically underestimating a squall and failing to activate safety devices—contrasting with the...
Amazon Is Taking on FedEx and UPS. That May Not Be so Simple.
Amazon announced the launch of Amazon Supply Chain Services, a platform that opens its freight, distribution, fulfillment and parcel‑shipping capabilities to businesses of any size. The move, dubbed an “AWS of Logistics,” sent UPS shares down more than 10% and...
Jet Fuel Shortages Might Hurt Your Summer Travel Plans but Could Bring Advancement to the Aviation Industry
Lufthansa Group has slashed 20,000 summer flights, retired its most fuel‑intensive aircraft and grounded a subsidiary as jet‑fuel prices doubled following the Iran conflict. The surge in fuel costs has already forced airlines to cancel more than 150,000 international flights...
The US Blockade of Hormuz: Who Holds the Advantage?
The United States entered its third week of a naval blockade in the Strait of Hormuz, forcing 38 Iranian‑linked vessels to divert and boarding several ships in the Indian Ocean. Iran has responded by reviving a selective‑closure policy and moving...
New Trump Palm Beach Airport Renaming Deal — He’ll Control The Merch And Messaging
Palm Beach County and the Trump Organization have struck a deal to rename Palm Beach International Airport as President Donald J. Trump International Airport, effective July 1, 2026, pending FAA approval. The agreement grants the county royalty‑free, perpetual use of the Trump...
Grab to Retool in Indonesia After Abrupt Ride-Commission Cut
Grab Holdings will retool its Indonesian operations after Jakarta issued an unexpected decree capping ride‑hailing commissions. CFO Peter Oey says the cut mainly targets two‑wheel drivers, leaving car‑based rides largely untouched. The move follows Grab’s better‑than‑expected earnings, prompting a strategic...
City Car Stereotypes: LA Loves Altimas, Seattle Prefers Priuses
In LA it was always a goddamn Altima. In Seattle it’s always a goddamn Prius.
Early Landings Waste Time; Gate Wait Stays Same
Why do airlines think we GAF about landing early if we still have to wait for a gate which means we get off the plane at the same time? Like time in the sky is not our key metric it’s...
Singapore Oil Inflows Throw up Fuel Warning Light for Australia
Since the February 28 outbreak of the Middle East war, global oil logistics have been reshaped, with the Strait of Hormuz bottleneck only now rippling through Asian markets. Singapore’s oil imports have surged, diverting cargoes that would have traditionally passed through...
Harmon Transportation Leverages Avetta to Cut Onboarding Time by 70% and Nearly Double Revenue
Avetta partnered with Australian hotshot carrier Harmon Transportation to replace paper‑based processes with a digital compliance platform. Over 18 months the firm cut onboarding time by 70%, lifted revenue 93% and pushed profit margins to 17% without adding admin staff....
Delta Continues Cutting Back Its Route Network
Delta is also going to continue cutting down the number of routes they have available, btw.
Trump’s “Guide” Ships Misinterpreted as Literal Navigation
So when Trump wrote the US will “GUIDE” ships, he was taking linguistic liberty. What he MEANT was the US will provide written GUIDANCE for stranded vessels on a way they might be able to escape. 🤦♀️
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Moment Partners with SCAT Airlines to Deliver Wireless IFE Across Fleet
Moment announced a partnership with Kazakhstan‑based SCAT Airlines to install its wireless inflight entertainment (IFE) system across the carrier’s fleet. The deal, signed on March 4, makes SCAT the first Central Asian airline to adopt Moment’s Flymingo Box, a compact, autonomous...
Smart Traffic Lights: The Next Digital Upgrade
#WhatsNext? How about a digital upgrade to our good old traffic lights? Your thoughts? (GiGadgets) https://t.co/k7xCQrMb4m
Trump Secures Palm Beach Airport Naming Rights, Controls Merch
New Trump Palm Beach Airport Renaming Deal — He'll Control The Merch And Messaging - View from the Wing https://t.co/BYMMquAxvr
How Port Canaveral Is Powering Record Cruise Growth
Port Canaveral was named the world’s busiest cruise port in 2025, handling 8.6 million guests—a 13% increase over the prior year. Revenue has surged from $77.7 million in 2015 to $218 million today, driven by six terminals that accommodate 18 ships across seven...
First $300M Milestone Cleared in Uber‑Rivian Autonomy Deal
Milestone #1 in the $UBER / $RIVN deal is done. $300M paid. This was a regulatory milestone. The remaining 4 milestones, presumably operating ones tied to delivering autonomy, are worth another $950M. Looking forward to seeing them checked off. https://t.co/3iumf42sZK
Travel Cheaper by Skipping Peak Seasons
Travel costs are based on supply and demand, and if you are willing to avoid busy seasons, you can save significant amounts of money. https://t.co/g0l2iAc2jo
MicroVision Expands Lidar Portfolio After Two Acquisitions
MicroVision announced the expansion of its lidar portfolio after acquiring Luminar Technologies' Halo and Iris sensors for $33 million and Germany‑based Scantinel Photonics, which brings ultra‑long‑range FMCW technology. The company aims to cut sensor prices to about $200 and apply the...
Hyundai's MobED Redefines Shake-Free Autonomous Transport
Hyundai’s MobED: Award-Winning Modular #Robot Platform Redefining Shake-Free #Autonomous #Transport via @RealXavier011 #AI #Robotics #MachineLearning #ArtificialIntelligence #ML #MI https://t.co/rsdz8sKd4y
ROS Proven at 300 Km/H: Ready Anywhere
ROS and Rviz mentioned by Code 19 Racing of @IndyAChallenge fame at @opencvlive's OSSCA conference. If ROS can run in a race car at 300km/hr it can run just about anywhere. https://t.co/5BFk14xUrn
Xiaomi Has Conquered China. It’s About To Put the Screws To Europe
Xiaomi, the Chinese phone and tech giant, has opened a Munich‑based R&D center staffed with former BMW, Porsche and Lamborghini engineers. In just two years the company sold more than 600,000 EVs in China and reached profitability, outpacing many rivals....
RINA Expands Its Singapore Open Innovation Hub with the Support of EDB
RINA, the global classification and engineering firm, is expanding its Singapore Open Innovation Hub with support from the Singapore Economic Development Board. The hub will focus on digital twin technology, decarbonisation solutions, and AI‑enabled workforce training for maritime and energy...
Spirit Details Final Hours and Lays Out Liquidation Plan in 500+ Page Filing
Spirit Airlines announced its liquidation after a 500‑page court filing revealed that soaring fuel costs—driven by the Iran war—sapped $100 million between March 1 and April 30. The carrier failed to secure a government bailout, prompting CFO Fred Cromer to confirm a wind‑down...
IRClass Academy Holds Port Facility Security Officer Training in Mauritius
IRClass Academy, the training arm of the Indian Register of Shipping, delivered a three‑day Port Facility Security Officer (PFSO) programme in Mauritius to support the Mauritius Port Authority’s security standards at Port Louis Harbour. The course incorporated practical, hands‑on workshops...
Mack Doubles Battery-Electric Infrastructure Program Size
At the 2026 Advanced Clean Transportation Expo, Mack Trucks announced it is doubling the size of its battery‑electric infrastructure program by adding ABM and Lane Valente Industries to the existing InCharge Energy and Heliox partners. The expanded turnkey network will...
BASS Wins BW LNG Contract for BASSnet Neo Cloud-Native Solution
BASS Software has secured a contract with BW LNG to deploy its BASSnet Neo cloud‑native maritime ERP across the operator’s LNG carriers and FSRUs. After a global review of up to 30 solutions, BW LNG selected BASSnet Neo for its maintenance, inventory, procurement and...
Ford's Latest Recall Affects Nearly 180,000 Vehicles
Ford announced a recall of 179,698 2024‑2026 Bronco and Ranger vehicles because front‑seat height‑adjust pivot‑link bolts can loosen or fall out. The defect stems from a supplier’s premature torque‑check before the adhesive cured, compromising bolt integrity. This follows a similar...
Shipping Freeze Deepens in Strait of Hormuz
Shipping through the Strait of Hormuz remains largely frozen as Iran expands its declared control zone and the United States rolls out a humanitarian‑styled plan to guide stranded vessels out of the waterway. Only two commercial transits were recorded on...
A Case for Ride Hailing Apps Run by Co-Ops
The article argues that cooperative‑owned ride‑hailing apps could transform Kenya’s taxi and boda‑boda sectors by improving safety, accountability, and driver earnings. By embedding the seven cooperative principles, such platforms would register riders, verify identities, and use GPS tracking, creating peer‑enforced...
AI Drives the Future of Autonomous Robotaxis
How #AI is powering the next generation of robotaxis by @tim @rafeuddin_ @ian_bott_artist @BobHaslett @ft Learn more: https://t.co/TU5D0fF0MF #ArtificialIntelligence #ML #MachineLearning https://t.co/Vgv9BebhYj
IRGC Threatens Ships at Anchor Off Musandam Peninsula
Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy issued a repeated “serious warning” on Channel 16, ordering vessels anchored in Oman's Musandam port of Khasab to return to the Dubai anchorage. The directive also covered ships in nearby Omani ports of Mina Saqr...
Austal USA Starts Construction on Fifth Navy Landing Craft Utility Vessel
Austal USA kicked off construction of LCU 1714, the fifth Landing Craft Utility vessel for the U.S. Navy, at its Mobile, Alabama shipyard on April 27, 2026. The start follows a September 2023 award of a $91.5 million contract to design and build up to...
These Companies Could And Should Build A Miata Competitor
The article surveys a wide range of automakers that could fill the void left by the dwindling pool of affordable two‑seat roadsters, a niche once dominated by the Mazda Miata. Commentators suggest candidates from Japan (Nissan’s Silvia, Toyota’s GR86 cabriolet),...
Maersk Ship Exits Hormuz Under U.S. Protection
Maersk confirmed that its U.S.-flagged roll‑on/roll‑off vessel Alliance Fairfax successfully transited the Strait of Hormuz on May 4 under U.S. military protection, marking one of the first escorted commercial passages since the February escalation between the United States and Iran. The...
A Boeing 767 Darn Near Landed on a Tractor Trailer Full of Bread. Everybody’s OK
United Airlines Flight 169, a Boeing 767‑400 arriving from Venice, clipped a light pole and the top of a Baker’s Express truck loaded with bread as it touched down at Newark Liberty International Airport. The impact left a gash in...
Orient Express Corinthian Joins Service as World’s Largest Sailing Yacht
Orient Express has placed the 722‑foot Corinthian into operational service, making it the world’s largest sailing yacht. Built at Chantiers de l’Atlantique with a 16,000‑sq‑ft solid‑sail system, the vessel will begin a Mediterranean‑Adriatic season before crossing the Atlantic to the...
US Hormuz Plan Lights Fireworks on First Day
President Donald Trump unveiled "Project Freedom" on May 4, deploying roughly 15,000 troops and over 100 aircraft to escort merchant vessels through the Strait of Hormuz after recent U.S.-Israeli strikes on Iran. The U.S. military reported sinking six small boats...
US’s Spirit Airlines to Start Orderly Wind-Down, Sell Assets
Spirit Aviation Holdings, the parent of Spirit Airlines, filed a motion on May 4, 2026, to obtain emergency court approval for an orderly wind‑down after halting flights on May 2. The carrier cited a sudden $100 million surge in fuel costs...