Transportation 10 February 2026 - 27 March 2026

WeRide Buyback and Madrid Robotaxi Deal Put Traders on Watch
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WeRide Buyback and Madrid Robotaxi Deal Put Traders on Watch

WeRide’s Nasdaq ADSs closed at $7.75 Tuesday, down 0.8%. The company said it will launch Spain’s first commercial robotaxi pilot with Uber in Madrid later this year, using AVOMO to operate the fleet. WeRide repurchased 201,500 Class A shares in Hong Kong on June 2 for HK$4.27 million. CLSA maintained its $11 U.S. price target and rated the Hong Kong stock Outperform.
June 3, 2026
Los Angeles Metro Approves K Line Extension to Hollywood Bowl, Keeping $15 Billion Rail Plan Alive
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Los Angeles Metro Approves K Line Extension to Hollywood Bowl, Keeping $15 Billion Rail Plan Alive

Los Angeles Metro directors approved the San Vicente-Fairfax route for the K Line Northern Extension on Thursday, advancing a 9.7-mile underground rail line to the Hollywood Bowl. The project faces a $15 billion price tag, with only $2.24 billion from Measure M available and construction funds locked until 2041. The board also mandated a 12-month study on tunneling under Mid-City. Local residents have raised concerns about subsurface easements and redevelopment.
March 27, 2026
Kenya Fuel Shortage Deepens as Nairobi Pumps Run Dry, Dealers Warn of Supply Halt
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Kenya Fuel Shortage Deepens as Nairobi Pumps Run Dry, Dealers Warn of Supply Halt

Petrol stations in Nairobi ran dry Tuesday, with long queues and many outlets posting no-fuel signs, as Kenya’s fuel shortage worsened. Officials said stocks were sufficient, blaming hoarding and panic buying, while dealers warned the crisis could spread nationwide if price controls remain unchanged. About 20% of outlets are affected, according to industry groups. The regulator has refused to raise pump prices despite higher import costs.
March 24, 2026
Flying Taxis May Finally Launch in 2026. The Hard Part for Joby and Archer Is Still on the Ground
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Flying Taxis May Finally Launch in 2026. The Hard Part for Joby and Archer Is Still on the Ground

Joby Aviation expects to launch passenger flights in Dubai by late 2026, holding exclusive aerial taxi rights for six years, according to Reuters. The U.S. Transportation Department said eVTOL pilot programs will begin in 26 states by summer 2026. Archer and other firms are also preparing for commercial operations in the U.S. and UAE. FAA flight testing of Joby’s aircraft began in California in March.
March 21, 2026
Arriva to Add 809 New UK Buses in £340 Million Fleet Overhaul, With Wakefield First to Benefit
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Arriva to Add 809 New UK Buses in £340 Million Fleet Overhaul, With Wakefield First to Benefit

Arriva confirmed a £340 million UK bus fleet renewal, ordering 809 new vehicles, over half fully electric. The company has already launched 50 new buses in West Yorkshire, with 164 more ordered from Alexander Dennis for delivery this year. Wakefield will see new and upgraded services from May 17. Nearly 20% of Arriva’s regional fleet will be replaced within 18 months.
March 20, 2026
UK Fuel Prices: Diesel Could Hit £2 a Litre Within Weeks as Oil Surge Reignites Fuel Duty Fight
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UK Fuel Prices: Diesel Could Hit £2 a Litre Within Weeks as Oil Surge Reignites Fuel Duty Fight

UK diesel prices may exceed £2 a litre within weeks as Brent crude held above $110 following new Middle East attacks, traders said Friday. Average diesel prices have jumped nearly 20 pence since late February. The Bank of England warned inflation could hit 3.5% if energy costs keep rising. Chancellor Rachel Reeves faces pressure as a fuel duty cut expires at the end of August.
March 20, 2026
Gasoline prices tick up again: UGA climbs as fuel futures firm and summer-blend season starts
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Gasoline prices tick up again: UGA climbs as fuel futures firm and summer-blend season starts

The United States Gasoline Fund rose 0.75% to $72.36 as NYMEX RBOB gasoline futures climbed 1.32% to $2.2834 a gallon. U.S. gasoline inventories fell by 1 million barrels last week, while refinery utilization slipped to 88.6%, EIA data showed. The national average for regular gasoline reached $2.982 a gallon, up from a week ago, according to AAA. Traders await the EIA’s next inventory report on March 4.
February 27, 2026
Uber taps Baidu’s Apollo Go for a Dubai robotaxi launch next month on its app
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Uber taps Baidu’s Apollo Go for a Dubai robotaxi launch next month on its app

Uber and Baidu will launch Baidu’s Apollo Go self-driving taxis for ride-hailing in Dubai’s Jumeirah area within a month, offering an “Autonomous” option on the Uber app. Passengers can also be matched with autonomous vehicles on UberX and Uber Comfort trips. The service will expand citywide as regulators approve. Fleet operations will be managed by New Horizon.
February 10, 2026
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