#fuel costs
articles
USPS Air Transport Costs Rise as UPS Contract Forces Mail Off Trucks
Higher jet fuel and a UPS air cargo volume commitment pushed USPS transportation expenses up in Q3, even as a temporary ...
ISM Services PMI Inches Up to 54.1, but Employment Slips into Contraction
The ISM Services PMI edged 0.1 point higher to 54.1 in July, supported by surging business activity and solid new orders...
Hormuz Crisis Drives Big Oil to Record $48B Profit as Diesel Soars
The Strait of Hormuz closure after the US-Iran conflict handed Exxon, Chevron, BP, Shell and TotalEnergies a combined $4...
ISM Services PMI Rises to 54.1 in July as Business Activity Jumps, Employment Weakens
The ISM Services PMI edged up to 54.1 in July, marking a 25th straight month of expansion, as business activity surged a...
Royal Jordanian's H1 Profit Shrinks to JOD 1.4M Despite 23% Revenue Gain
Revenue jumps 23% year-on-year but net profit collapses from JOD 12.7M to JOD 1.4M as fuel and financing costs surge and...
IAG First-Half Profit Drops 21% as Iran War Drives Up Jet Fuel Costs; Iberia Provision €114M
IAG's H1 net profit fell 21% to €1.03 billion, squeezed by surging kerosene prices from the Iran conflict and a one-off ...
Air France-KLM Posts €61m Loss as Fuel Costs Soar, Makes Formal Bid for TAP
The Franco-Dutch group swung to a first-half loss, hit by a €804m fuel cost increase from the Hormuz crisis, but passed ...
Air France-KLM Absorbs Fuel Shock, Submits Bid for TAP Portugal as Lufthansa Joins Race
Air France-KLM's Q2 earnings beat expectations despite an €804 million fuel hit, as the airline bids for TAP Portugal al...