Saudi Arabia Plans New National Airline Venture as Nation Steers Away from Oil

Saudi Arabia announced that it is planning to launch another national carrier, as part of its National Transport and Logistics Strategy on Wednesday, according to Crown Prince Mohammed bin Salman.  The strategy, launched on Wednesday, “aims to solidify the Kingdom’s …

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Greyhound Canada Shuts Down all Bus Service Permanently

Greyhound Canada will permanently cease routes in Ontario and Quebec after nearly 100 years of service. “A full year without revenue has unfortunately made it impossible to continue operations,” Stuart Kendrick, senior vice president of Greyhound Canada.  The news comes …

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Biden Announces Partnership With Uber, Lyft to Provide Free Rides to Vaccination Sites

United States President Joe Biden announced on May 11 a new partnership with ride-sharing companies to provide free rides to those going to vaccination sites. “To ensure that transportation is less of a barrier, from May 24th through July 4th, …

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Malaysia Pays Singapore $76m for Cancelling High-Speed Rail Project

Malaysia has paid $76.30 million to Singapore for the cancellation of the high-speed rail line between the neighbors after years of “stop-start negotiations,” officials said on Monday. In the joint statement, the two countries said they agreed on the amount …

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Copper Industry Investment Needed To Meet Global Demand

The copper industry needs to invest $100 billion by 2030 to close an annual supply deficit of 4.7 million tons as clean power and transport sectors boom. Estimates from CRU Group and Trafigura Group further estimate that the deficit could …

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Australian Government Agency Suffers Clop Ransomware Attack

Clop ransomware hackers claiming to have access to data stolen from the NSW transport department have posted snapshots of the files and offered them for sale online. The hackers also demanded documents and correspondence by disgraced former Liberal MP Daryl …

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