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Thomas Black

Thomas Black

Fortune

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Elliott’s Honeywell Breakup Plan Doesn’t Go Far Enough

The drumbeat for breaking up Honeywell International Inc., which makes products in the aerospace, energy and industrial automation industries, has...

12.11.2024 6

Bloomberg

Thomas Black

The US Is Losing the Air Taxi Race to China

The Federal Aviation Administration held an event at a business aircraft conference in October to unveil 880 pages of regulations for electric-powered...

12.11.2024 10

Bloomberg

Thomas Black

A Boeing Space Exit Would Be a Win-Win-Win

A true win-win-win situation doesn’t come along often. One could be brewing with a Boeing Co. decision to look at a potential sale — or perhaps...

28.10.2024 4

Bloomberg

Thomas Black

Boeing Needs to Settle Its Strike — Now

Kelly Ortberg, the chief executive officer of Boeing Co., on Wednesday morning had his first earnings conference call with analysts, who heard him lay...

24.10.2024 3

Bloomberg

Thomas Black

Low-Cost Airlines Have One Job. They’re Failing at It.

The gap between the haves and have-nots in the US airline industry is only growing. Delta Air Lines Inc., which reported third-quarter earnings on...

15.10.2024 9

Bloomberg

Thomas Black

Digital Freight Brokers Tried AI and Learned a Costly Lesson

For those fearful that artificial intelligence and robots are going to eventually replace everyone’s job, the logistics industry offers a case study...

10.10.2024 10

Bloomberg

Thomas Black

Port Workers Get a Raise. Now Comes the Hard Part.

The port strike along the East and Gulf coasts, as expected, didn’t last long. The only surprise is that the two sides worked out an agreement...

04.10.2024 3

Bloomberg

Thomas Black

Boeing’s Frail Finances Give Strikers All the Power

While a strike by East Coast port workers is strangling the flow of goods from Maine to Texas and grabbing headlines, news of machinists at Boeing Co....

03.10.2024 6

Bloomberg

Thomas Black

Biden Should Intervene in the East Coast Port Strike

The much-anticipated labor strike at ports along the East and Gulf coasts has begun, and the impact is a bit anticlimactic — for now. Retailers,...

01.10.2024 6

Bloomberg

Thomas Black

Southwest Profit Plan Puts Activist in a Holding Pattern

Southwest Airlines Co.’s Chief Executive Officer Bob Jordan did his best on Thursday to put a nail in the coffin on activist Elliott Investment...

26.09.2024 3

Bloomberg

Thomas Black

Boeing Needs to Take a Cue From UPS and Pay Its Strikers

Boeing Co.’s labor negotiators should have paid more attention to how Carol Tomé, the chief executive officer of United Parcel Service Inc.,...

26.09.2024 5

Bloomberg

Thomas Black

Port Workers Deserve a Raise But Not a Veto on Progress

East Coast port operators and carriers will have to pay up to head off a strike on Oct. 1, the day after the expiration of a six-year contract with...

25.09.2024 5

Bloomberg

Thomas Black

Union Pacific Shows Its True Colors by Borrowing for Buybacks

In a pre-pandemic throwback to when interest rates were in free-money territory and before heated geopolitics made resilience a boardroom buzzword,...

19.09.2024 5

Bloomberg

Thomas Black

Guess Who Loses When Railroads and Investors Unite

The US freight railroads have not been increasing the amount of cargo they haul for the past two decades, and that’s a problem because there is...

19.09.2024 10

Bloomberg

Thomas Black

A Trucking Recovery Is Slipping Further Into the Future

The long-haul trucking industry doesn’t offer robust, steady growth that entices investors to buy a stock and just sit on it. The industry has bull...

16.09.2024 10

Bloomberg

Thomas Black

Boeing Strikers Have Leverage to Extract Meaningful Change

It’s hard to overstate the damage that a machinists strike could do to Boeing Co. and, more important, to the planemaker’s fragile supply chain....

13.09.2024 7

Bloomberg

Thomas Black

Southwest CEO Saves His Job and Maybe the Airline

Bob Jordan, Southwest Airlines Co.’s chief executive officer, has kept his job amid the activist onslaught from Elliott Investment Management, the...

10.09.2024 4

Bloomberg

Thomas Black

Maker of Elmer’s Glue Is Showing How to Wean Off China

It was once a competitive disadvantage not to manufacture in China. The country joined the World Trade Organization in 2001, reducing barriers for...

09.09.2024 7

Bloomberg

Thomas Black

Ocean Freight Carriers Are Ripe to Compete in the Air

It takes great skill in managing assets and planning long term to succeed as an ocean freight carrier. New ships are expensive, take several years to...

05.09.2024 10

Bloomberg

Thomas Black

Air Travel Is Improving. Why Isn’t Passengers’ Behavior?

So, you’re really going to fly on Labor Day weekend? The typical advice is to arm yourself with patience and prepare for the worst. After all,...

29.08.2024 5

Bloomberg

Thomas Black

Boeing’s Cast-Offs Are a Perfect Fit for Bombardier

Bombardier Inc.’s bumpy ride over the last several years has settled into a smooth flight with much clearer skies ahead. Investors shared the...

23.08.2024 5

Bloomberg

Thomas Black

Driverless Trucks’ Biggest Obstacle Could Be a Jury

The driverless trucking revolution will start with a whimper this year and, if Aurora Innovation Inc. is successful, it will stay that way. Aurora is...

16.08.2024 4

Bloomberg

Thomas Black

Postal Service Revolution Deserves Time to Deliver

The general public’s direct interaction with the US Postal Service has been declining for decades now. How many young people have mailed a letter or...

12.08.2024 3

Bloomberg

Thomas Black

FedEx Stumbles on Its Way to Look More Like UPS

FedEx Corp.’s Chief Executive Officer Raj Subramaniam seems to be making all the right moves in his push to transform the courier after taking over...

07.08.2024 10

Bloomberg

Thomas Black

Larger Seats? Free Drinks? Are You Sure This Is Spirit Airlines?

Ted Christie, the chief executive officer of Spirit Airlines Inc., is gambling his company’s future on a rebranding that is designed to pick up new...

02.08.2024 10

Bloomberg

Thomas Black

Boeing Finally Makes the Right Pick for Its CEO

Boeing Co. reported on Wednesday that its sales plunged 15% in the second quarter from a year earlier and that it burned through $4.3 billion of cash....

31.07.2024 4

Bloomberg

Thomas Black

Boeing’s Starliner Mishap Is More Proof It’s Lost in Space

Stuck in Space! That’s what some headlines are screaming about Boeing Co.’s latest setback with its Starliner capsule. It’s a storyline that...

29.07.2024 5

Bloomberg

Thomas Black

Southwest Ends Cattle Call Seating. Thanks, Elliott.

Southwest Airlines Co. will begin assigning passengers seats when they buy tickets. This is a monumental change for an airline that carved out a large...

25.07.2024 10

Bloomberg

Thomas Black

Delta Bragged About Service. Then CrowdStrike Stepped In.

The aviation gods seem to be easily provoked by boastful airline executives. That’s the colorful explanation for why Delta Air Lines Inc. was dealt...

25.07.2024 5

Bloomberg

Thomas Black

Going Green Doesn’t Have to Be a Giant Money Suck

When companies or policymakers try to force green technology onto an industry, it usually doesn’t work out. It’s akin to forcing on footwear...

22.07.2024 10

Bloomberg

Thomas Black

Airfare War Is Ending Quickly as Carriers Retreat

There’s a new-found religion in the US airline industry, and investors should be thrilled. It’s called discipline. Carriers added too much...

18.07.2024 3

Bloomberg

Thomas Black

Delta Lost the Fare War. Lesson Hopefully Learned.

An animal that’s cornered and fighting for its life is at its most dangerous. The same goes for airlines. Low-cost carriers, including Frontier...

11.07.2024 6

Bloomberg

Thomas Black

Honeywell Cranks Up M&A Machine. Investors Yawn.

Vimal Kapur is on a roll. The chief executive officer of Honeywell International Inc. on Wednesday announced his fourth major acquisition in eight...

10.07.2024 4

Bloomberg

Thomas Black

Spike in Maritime Shipping Rates Is No Pandemic Flashback

Like a bad nightmare, some of the same dreaded supply-chain terminology heard during the pandemic is being bandied about again — congestion, delays,...

05.07.2024 10

Bloomberg

Thomas Black

Boeing Should Take a Plea Deal With One Condition

The fallout keeps coming from a door plug that blew off a Boeing Co. 737 Max plane in midair during an Alaska Airlines flight in January. Bloomberg...

01.07.2024 7

Bloomberg

Thomas Black

A Trucking Rebound Is Near. For Real This Time.

The US trucking market, which has been in recession for more than a year now, is poised to recover … at some unknowable point in the future....

27.06.2024 10

Bloomberg

Thomas Black

FedEx Stokes Investors With Hint of a Freight Deal

FedEx Corp. dropped a bomb on the market Tuesday afternoon with the announcement that it will study the sale of its freight unit. Investors seemed to...

26.06.2024 50

Bloomberg

Thomas Black

Boeing Is Getting a Hand From the FAA. A Senate Slap Is Futile.

Help wanted: A dynamic, self-motivated aerospace executive with experience in lean, high-quality manufacturing and proven leadership skills at turning...

19.06.2024 10

Bloomberg

Thomas Black

There’s a Solution for Runway Mishaps. It’s Just Expensive.

In the 1960s and 1970s, airliners crashed into mountainsides and the ground at alarming rates. Not much is heard these days about these types of...

17.06.2024 3

Bloomberg

Thomas Black

Activist Will Hit Headwinds in Taking On Southwest

Delta Air Lines Inc. and United Airlines Holdings Inc. have posted solid profits coming out of the pandemic. The rest of the US carriers, including...

10.06.2024 3

Bloomberg

Thomas Black

AI Is Making Robots Smarter. They’ll Need Boundaries.

Artificial intelligence is sweeping across the economy. It’s showing up in the stock market with Nvidia’s meteoric rise, and the marketing blitz...

10.06.2024 10

Bloomberg

Thomas Black

Boeing Should Dump Spaceships to Focus on Airplanes

It wasn’t a surprise that Boeing Co.’s launch of its CST-100 Starliner capsule was postponed on Saturday. It would have been the company’s first...

04.06.2024 6

Bloomberg

Thomas Black

American Airlines Self-Inflicts Market Turbulence

The post-pandemic surge of demand for premium air travel is where large carriers are making their money, and American Airlines Group Inc. is missing...

30.05.2024 9

Bloomberg

Thomas Black

America Needs More Toll Roads Even With Federal Bonanza

Physical infrastructure — highways, bridges, ports, internet servers, potable water — provides the backbone of an economy, even in an increasingly...

28.05.2024 10

Bloomberg

Thomas Black

Breakup Fever Puts Johnson Controls and Honeywell in Crosshairs

The fever to break up multi-industry companies remains at maximum temperature with DuPont de Nemours Inc. announcing that it will split into three...

24.05.2024 20

Bloomberg

Thomas Black

Goodyear Blimp Goes Limp as a Symbol of Innovation

Goodyear Tire & Rubber Co. has struggled for more than a decade while a couple of its competitors — Bridgestone Corp. and Cie Generale des...

22.05.2024 20

Bloomberg

Thomas Black

Spirit and Frontier Airlines Are Playing a Losing Game With Flyers

The low-cost airline carriers can’t seem to stop bleeding a lot of cash. Like all airlines, Spirit Airlines Inc., Frontier Group Holding Inc. and...

20.05.2024 20

Bloomberg

Thomas Black

The Future of Robots Is Coming on Two Legs

Most people have seen robots in human form. The Hollywood version has starred in movies for decades. Now there are videos on the internet of real...

14.05.2024 40

Bloomberg

Thomas Black

Norfolk Southern CEO Shaw Survives, But Not Without a Warning

Norfolk Southern Corp. Chief Executive Officer Alan Shaw won the day at the railroad’s annual shareholder meeting on Thursday, beating back a...

09.05.2024 10

Bloomberg

Thomas Black

How Crazy Would It Be If Warren Buffett Bought Boeing?

Here’s a conversation starter ahead of Berkshire Hathaway Inc.’s annual meeting on Saturday: Warren Buffett should buy Boeing Co. The idea may...

03.05.2024 30

Bloomberg

Thomas Black

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