Royal Mail Hands $540 Million to Investors on Parcel Windfall
Royal Mail Plc will return $540 million to shareholders, saying it’s increasingly confident that the online shopping boom spurring parcel deliveries will persist.
Zero-Carbon Shipping Plan Targets Container, Iron Ore Routes
Shipping routes for the transport of iron ore from Australia to Japan and containerized goods from East Asia to Europe are at the center of plans to slash maritime carbon emissions by 2030.
UN Recruits UPS, FedEx, Dozens of Others to Deliver Vaccine to World’s Poor
United Nations humanitarian relief agency Unicef is looking to recruit some of the airline industry’s biggest operators to help distribute a coronavirus vaccine to the world’s poorest nations.
China’s Air Travel Rebound Stalls on Lack of Leisure Demand
A recovery in demand for flights within China is stuck at about 45% of pre-coronavirus levels as people continue to shun leisure trips after the outbreak.
Boeing 737 Max Groundings to Affect 2020 Results, Ryanair Says
The extended grounding of Boeing Co.’s 737 Max plane forced Ryanair Holdings to scale back growth plans for next summer, putting the airline industry on notice that the crisis is starting to affect longer-term plans.
London Not Ready for Driverless Cars Before 2030s, Report Says
London is ill-prepared to become an early adopter of cutting-edge transport technology including driverless cars and retail deliveries by drone, according to the city’s lawmakers.