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Shipping companies are imposing fuel surcharges and avoiding expensive routes as the cost for container ship fuel rises amid the war in Iran.
Amid rising jet fuel costs and halted government negotiations, the budget carrier Spirit Airlines could face imminent liquidation.
The e-bike startup, called Also, was incubated within Rivian before launching publicly last year with a $3,500 flagship product.
The electric vehicle maker Rivian is adding more than 150 public EV chargers to Caruso properties including the Grove and the Commons at Calabasas.
Travel spending shrank slightly in Los Angeles County last year as local crises drove away tourists and national policy alienated foreign visitors.
The closure of the Strait of Hormuz has squeezed global oil supply, putting pressure on California’s jet fuel reserves.
Used electric vehicle sales increased 20% in the first quarter this year compared to last as prices at the pump continue to climb.
United Airlines Chief Executive Scott Kirby said the hike in jet fuel prices triggered by the conflict in Iran could put some airlines out of business.
After the Japanese automaker Honda discontinued plans for three of its EVs, its joint venture with Sony announced it’s shutting down its luxury EV Afeela.
