Articles tagged “rail”

Amtrak Charts Difficult Course to First Break-Even While Spending to Upgrade Operations

Amtrak Charts Difficult Course to First Break-Even While Spending to Upgrade Operations

Sean O'Neill, Skift

Former Delta CEO Richard Anderson has been spearheading a revamp of the U.S. national railway through boosting safety, driving more profits from its co-branded credit card, and creating a mix of more low-cost and premium services in the U.S. northeastern corridor. Anderson's tricky balance is being ambitious while trimming longstanding losses.

4 months ago

Trainline Experiments With Hotels to Boost Revenue

Trainline Experiments With Hotels to Boost Revenue

Patrick Whyte, Skift

Understandably, CEO Clare Gilmartin didn't want to play up moves into other travel areas too much at such an early stage, but we'll be keeping a close eye on how the company evolves over the next few years as it looks to diversify away from rail tickets and make more money in other areas.

4 months ago

Omio Buys Rival Rome2Rio in Mashup of Door-to-Door Booking Sites

Omio Buys Rival Rome2Rio in Mashup of Door-to-Door Booking Sites

Dennis Schaal, Skift

If search for travel looking for door-to door trip options was a massive potential market, then Expedia, Booking Holdings, Ctrip, or Google would have already snapped up these companies, which have been laboring around that premise for years. This stuff is hard to execute, as the relatively modest exit seems to show.

4 months ago

Europe’s Rail Companies Want to Exploit Flight Shame

Europe’s Rail Companies Want to Exploit Flight Shame

Chris Bryant, Bloomberg

Flight shame is making Europe's rail companies smile. But there's still a lot to do before they could topple the airlines as the preferred mode of transport on the continent.

4 months ago

U.S. Airlines, Railways and Car Drivers Struggle With Antiquated Infrastructure

U.S. Airlines, Railways and Car Drivers Struggle With Antiquated Infrastructure

Barry Ritholtz, Bloomberg

U.S. politicians agree on little. But there's consensus the country must improve its infrastructure. Now lawmakers need to get serious about spending money.

6 months ago

Trainline Stock Jumps in IPO Trading Debut for European Rail Booking App

Trainline Stock Jumps in IPO Trading Debut for European Rail Booking App

Swetha Gopinath, Bloomberg

Trainline, the transport-booking app, saw investors giving their seal of approval to the fast-expanding company on its first day of trading. CEO Clare Gilmartin deserves props for having doubled annual ticket sales over three years to $4 billion (£3.2 billion) while also making the company profitable.

8 months ago

California Sues Trump Administration Over Canceled High-Speed Rail Funding

California Sues Trump Administration Over Canceled High-Speed Rail Funding

Kartikay Mehrotra, Bloomberg

Maybe California’s high-speed rail agency should spend less time suing the federal government over lost grants and more time focusing on cost overruns for the state’s beleaguered bullet train. Rail can be a less-carbon-intensive form of travel, but taxpayer money should be spent wisely.

9 months ago

Climate Change Shame Has Swedes Abandoning Planes and Taking Trains

Climate Change Shame Has Swedes Abandoning Planes and Taking Trains

Hanna Hoikkala and Niklas Magnusson, Bloomberg

Is airline passenger behavior in Sweden, where the numbers have been dropping, an outlier, or a sign of things to come? What is certainly true is this is a signal to airlines to get their efforts to reduce their carbon footprints in high gear.

10 months ago

Malaysia Resumes Major Rail Project After Agreeing to Price Cut

Malaysia Resumes Major Rail Project After Agreeing to Price Cut

Eileen Ng, Associated Press

Money talks. After months of uncertainty, it seems like the plan is back on track.

11 months ago

The AOC Effect Comes to Travel, Whether You Like It or Not

The AOC Effect Comes to Travel, Whether You Like It or Not

Dennis Schaal, Skift

U.S. Representative Alexandria Ocasio-Cortez and her Green New Deal have stirred up debate about the path toward a sustainable travel future. She's right on time — and hopefully not too late.

12 months ago

High-Speed Rail Link From Houston to Dallas to Take Private Sector Funding Route

High-Speed Rail Link From Houston to Dallas to Take Private Sector Funding Route

Thomas Black, Bloomberg

While most developed countries enjoy modern, high-speed rail travel, the U.S. is way behind. By the time it catches up, driverless cars with long-life batteries could supersede trains or perhaps climate change may have begun to wreak havoc.

1 year ago

Berlin App Has Grand Ambitions to Handle All Transport Modes

Berlin App Has Grand Ambitions to Handle All Transport Modes

Frank Jordans, Associated Press

The app sounds like a good idea, but it remains to be seen whether all of the incumbent transit systems, with their vested interests, will hop along for the ride.

1 year ago