While Pittsburgh International Airport is getting ready to break ground on a $1.1 billion modernization plan for its passenger terminal, the airport's CEO says the future is in cargo.
While public [spending on American infrastructure fell by $9.4 billion from 2007 and 2017, Pittsburgh has decided to take the opposite approach. "With our [airline] partners, we have determined that we need to make this infrastructure investment," CEO Christina Cassotis told Cheddar Thursday.
She said she hopes, through modernizing the airport, passengers will see it "as more than just a facility … to get on and off the plane to get to your Uber or your taxi." She also noted that sustainability will be a "huge factor" in the new terminal, scheduled to open in 2023.
"We are redefining what it means to be an airport in the United States," Cassotis said.
While the investment in a new passenger terminal is underway, the airport is also trying to increase its cargo business, which Cassotis called "a huge deal for us." Amazon is currently not using its airport to transport packages, but she said, "We would love to welcome them."
"We believe that we've got the facilities and the geography for a logistics play. We're going after cargo," she said.
Cassotis noted that the $19 million federal grant was awarded for a cargo terminal last month was the first of its kind. The new terminal will help Pittsburgh attract attention far beyond the Pennsylvania border, and show potential new cargo partners "we are national critical infrastructure."
In October, Pittsburgh International Airport also announced it is investing in a microgrid to become 100 percent self-reliant on its own electricity generation. The project is slated to be completed by 2021. It's predicted by Peoples Gas utility and the airport authority it will save the airport about $500,000 a year, or about 7 percent of the airport's annual electric bill.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.