Coronavirus pandemic

Transmission: Vaccinations are finally underway at auto plants

Here’s what’s cookin’ today in Transmission:

  • Stellantis becomes first automaker in US to administer vaccinations
  • Mini case study: Listening to customers pivotal to success behind Ford F-150
  • Industry news

Stellantis becomes first automaker in US to administer vaccinations

I hope I don’t jinx myself when I say this: It looks like the worst of COVID-19 is behind us. There’s no need to describe the impact COVID had on the automotive industry because by now we’re all informed. At this point, the...

https://www.freightwaves.com/news/transmission-vaccinations-are-finally-underway-at-auto-plants

Kenya Airways ditches Dreamliner seats to fit cargo

A white jet with red tail on take off with wheels still down. Kenya Airways.

Kenya Airways is preparing to operate the first Boeing 787 passenger plane with seats removed to increase space for cargo. 

Montreal-based Avianor in January delivered the first modified 787 Dreamliner to Kenya Airways and is currently pulling seats from the second aircraft, the companies announced this week. Avianor, an affiliate of DRAKKAR Aerospace & Ground Transportation, is the same aviation maintenance and repair company that repurposed four Boeing 777s and three Airbus A330 aircraft for...

https://www.freightwaves.com/news/kenya-airways-ditches-dreamliner-seats-to-fit-cargo

WHO Team Visits Wuhan Market In Coronavirus Investigation

A World Health Organisation team looking into the origins of the coronavirus pandemic on Sunday visited a market known to be the food distribution center for the Chinese city of Wuhan during the 76-day lockdown last year, says an article published in The Week.

Largest Wet Markets In Wuhan

The team members were seen walking through sections of the Baishazhou market  one of the largest wet markets in Wuhan  surrounded by a large entourage of Chinese officials and representatives.

Medicine Hospital

The...

https://mfame.guru/who-team-visits-wuhan-market-in-coronavirus-investigation/

ATA wants higher vaccine priority for drivers

The American Trucking Associations (ATA) wants the Biden administration to reclassify truck drivers into higher priority status for receiving COVID-19 vaccines.

In a letter sent Wednesday to the Centers for Disease Control and Prevention, the ATA and 49 state trucking associations requested that the CDC move truckers into phase 1b of its COVID-19 vaccine recommendation from their current status in phase 1c.

The latest recommendations from the CDC’s Advisory Committee on Immunization Practices...

https://www.freightwaves.com/news/ata-wants-higher-vaccine-priority-for-drivers

Strong balance sheet, fed bailout put Alaska Airlines on recovery path

A white 737 MAX with Native Alaskan logo on tail sits in front of a hanger on wet pavement. Ground view from the side.

Alaska Air Group (NYSE: ALK) executives are optimistic about the summer flying season once COVID-19 vaccinations become more widespread. During Tuesday’s earnings call they said the carrier is well positioned to capitalize on economic recovery because of a well-managed balance sheet, aggressive cost cutting and generous federal support.

The Seattle-based company reported a fourth-quarter adjusted net loss of $316 million or minus $2.55 per diluted share. For the year, Alaska Air lost $1.3...

https://www.freightwaves.com/news/strong-balance-sheet-fed-bailout-put-alaska-airlines-on-recovery-path

Delta grows cargo revenue, narrows loss to $2.1B in Q4

A white Delta jet with blue tail against a blue sky looking up as it passes over on takeoff.

Delta Air Lines (NYSE: DAL) cranked up cargo revenue in the fourth quarter to $204 million, a 10% gain over the same period a year ago and a big improvement from the prior two quarters. Overall, the company met Wall Street expectations with an adjusted pretax loss of $2.1 billion on $4 billion in revenue.

The pretax loss of $2.53 per share came in slightly higher than the consensus among analysts of $2.50 and revenue was also above the estimate of $3.6 billion. In the third quarter, Delta’s...

https://s29755.pcdn.co/news/delta-grows-cargo-revenue-narrows-loss-to-21b-in-q4

Falling Oil Prices Vs Tanker Market Boom

Tanker shipping was one of the few winners amid the global rout in stock markets and oil prices seen during the first few months of this year, in the face of falling industrial activity and weak demand as the world came to terms with the coronavirus pandemic, says an article published in financial times.

Impact of the pandemic

Over the last few months, we have seen an explosion in tanker freight rates with the largest class of tankers, the VLCCs (Very Large Crude Carrier) making headlines as the...

https://mfame.guru/falling-oil-prices-vs-tanker-market-boom/

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