Latest news with #Massport
Boston Globe
3 days ago
- Business
- Boston Globe
Mass. startups are plotting how to counter Trump cuts, grow local tech economy
Tufts president Sunil Kumar recalled the region's success building tech and biotech startups around Route 128, but warned that many other states are trying to copy that model. To succeed now, innovators need to look more broadly and include more people from other parts of the state. 'It would be a shame if we recreated Route 128, which is literally a moat,' he said. Excluding some people from new economic opportunities 'eventually catches up with you ... as we are finding out the hard way.' Advertisement Like other speakers at both conferences, Kumar never mentioned President Trump by name, only alluding to the damage done by the new administration's For the combination of 'blue' and 'green' tech startups, which Kumar dubbed the 'teal economy,' he recommended looking to pockets of strength in other areas beyond Greater Boston. New Bedford has a thriving fishing port, he noted. Advertisement Andrew Hargens, chief development officer at Massport, made the point that the region needs to better educate the startup community about strengths and opportunities right in their backyard. A local startup making robots for processing seafood needed to partner with a distributor and ended up connecting with one in far away Alaska, he said. 'We have 200 companies within 600 yards,' he said at the Tufts event. 'They just didn't know.' Though the state's famed academic institutions will continue to feed the talent base for tech startups, the high cost of living and doing business in Massachusetts remains an impediment to building big companies here, Jay Ash, chief executive of the Massachusetts Competitive Partnership, said at the Engine event. Advocates of Massachusetts 'can't just show up anymore with Harvard and MIT behind you and [tell founders] you ought to be here,' Ash said. He praised recent state legislative efforts to speed up permitting for commercial development. 'We're starting to be more aggressive,' he said. Joe Rodden, cofounder and chief executive of sustainable aviation fuel startup Lydian Labs, said the company built its pilot plant in North Carolina due to the lengthy permitting process and high cost of electricity in Massachusetts. That meant engineers had to waste time flying back and forth from Lydian's Cambridge headquarters. 'We will add 40 to 50 jobs in Massachusetts, but want to create thousands in the future,' Rodden said. Despite the challenges, the state's successes have generated powerful resources to keep the innovation sector growing. Both recent meetings took place within modern, airy facilities funded with the fruits of prior tech booms. Advertisement The 'This place in many ways is an optimism battery where you can come to get recharged,' Ben Downing, chief growth officer at The Engine, said. 'If you invent something in Massachusetts, you ought to be able to make it in Massachusetts.' Aaron Pressman can be reached at
Boston Globe
6 days ago
- Business
- Boston Globe
Logan Airport is starting to see decline in Canadian travelers
The drop in April marked the first year-over-year decline in Canadian visitors at the airport in 2025; the total is still up slightly for the year so far, when compared to the first four months of 2024. (May passenger traffic numbers are not yet public.) Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up 'That's obviously incredibly disappointing [but] with one month of data, I'm not ready to press the panic button,' Davey said in an interview earlier this month, after Massport published the April numbers. Advertisement National statistics released by the Canadian government last week indicate the trend most likely continued at Logan through May. Plane trips by Canadian residents from the US fell 24 percent in May, year over year, while Canadian vehicular trips from the US fell 38 percent. The backlash in Canada started early this year. Then-Prime Minister Justin Trudeau urged Canadians to vacation in their home country instead of going to the US, as President Trump imposed new tariffs on goods imported from Canada and talked repeatedly about the benefits of Canada becoming the '51st state.' Advertisement Current prime minister Mark Carney has strongly rebuffed the 51st state idea, though he indicated several days ago that he's hopeful about progress with the Trump administration on trade issues. In an attempt to counteract some of the Trump administration's hostility, Governor Maura Healey on Monday will be hosting in Boston several Canadian premiers and governors from Northeast states to talk about ways to maintain strong economic relations among the states and provinces. Much is at stake: Visiting Canadians spent an estimated $20 billion in the US last year. Amid the pushback in Canada to US leisure travel, JetBlue decided to cancel a new flight from Boston to Halifax it had planned, and Porter Airlines cut one of its Boston flights to Ottawa. Travel research firm Tourism Economics is predicting much bigger drops ahead for Greater Boston, with 657,000 Canadian visits expected to the region in 2025, a 20 percent decline from 2024, and a 24 percent drop from what was originally projected for 2025. David O'Donnell, a vice president with the Meet Boston tourism bureau, said his organization hasn't yet heard from local hotels about Canadian travel, but it expects a decline in international travelers to pick up in the summer. Many visitors who booked in the first half of the year would have faced cancellation fees if they opted not to come, but in the second half of the year, many of the bookings will reflect decisions made since Trump took office. Concerns about Canadian tourism prompted state Senator John Keenan of Quincy to file a budget amendment last month requiring the Massachusetts Office of Travel and Tourism to report to the Legislature the feasibility of promoting Massachusetts as a destination for residents of countries showing a decline in travel to this state in 2025. The Senate adopted the language as part of its state budget proposal, but its fate now remains tied to House-Senate budget negotiations. Advertisement 'Clearly our Canadian numbers, like those at a lot of other [US] airports, are going in the wrong direction,' Davey said. 'I hope it's not a canary in the coal mine for us, but we're going to keep a close eye on it.' Jon Chesto can be reached at
Yahoo
13-06-2025
- General
- Yahoo
JetBlue plane rolls off runway while landing at Boston Logan Airport
A JetBlue plane rolled off the runway into a grassy area while landing at Boston Logan Airport Thursday morning, according to JetBlue and Massport. No one was hurt when flight 312 from Chicago left the runway around 11:50 a.m., JetBlue said. Passengers deplaned safely and were bused to the terminal. 'Safety is JetBlue's top priority. We will conduct a full investigation of the incident and will work closely with the relevant authorities to understand the cause,' the airline said in a statement. Runway 33-L remains closed while the plane is being assessed, Massport said. The Federal Aviation Administration issued a ground stop at Logan Airport preventing all planes from arriving or departing following the incident, but it has since been lifted, WCVB reported. The incident has led to delays at the airport of up to two hours. It is unclear what caused the incident. No further information has been released. Ex-detective charged with killing Sandra Birchmore was not her baby's father, report says Israel attacks Iran's capital with explosions booming across Tehran Recall alert: Frozen fish balls recalled nationwide including in Mass. Harvard researcher released from custody after months in detention Popular Eastern fried chicken chain fights bankruptcy to stay open Read the original article on MassLive.
Indian Express
13-06-2025
- Indian Express
JetBlue flight skids off runway in Boston; No injuries reported
Flight operations at Boston Logan International Airport were disrupted for hours on Thursday after a JetBlue aircraft veered off the runway during landing. The incident occurred just before noon when JetBlue Flight 312, an Airbus A220-300 arriving from Chicago, skidded off runway 33-L and came to a halt on an unpaved area, according to 7 News. Fortunately, no injuries were reported. 'All crew and customers are safe,' confirmed Tyesha Best, president of the Transport Workers Union of America Local 579, in a statement to CNN. 'We remain in contact with the company to provide all needed support for those affected.' A spokesperson for the Massachusetts Port Authority (Massport) said all passengers were safely transported to a nearby terminal using mobile stairs, and the runway was immediately closed for assessment. 'The runway is closed at this time as the aircraft is assessed and passengers are bussed to the terminal,' the agency said in a statement. JetBlue issued its own response, stressing its commitment to safety: 'Safety is JetBlue's top priority. We will conduct a full investigation of the incident and will work closely with the relevant authorities to understand the cause,' the airline told the New York Times. The aircraft, registered as N3242J, is currently under examination for mechanical issues, although the cause of the incident remains unknown. A video of the landing, shared by aviation account @fl360aero on Instagram, shows the moment the plane slid off the runway. The caption reads, 'JetBlue Flight 312 operated by an Airbus A220 plane, registered as N3242J, skids off the runway 33-L and comes to a rest on an unpaved area upon landing in Boston. Massport says the runway remains closed to assess the incident. A ground stop on all flights was in effect Thursday afternoon.' The clip has since gone viral, drawing over 14.8K views. A post shared by FL360aero (@fl360aero) The users were kind of stunned by the incident, one user commented, 'No weather or rain, how TF you run off the runway?' Another user commented, 'WTH?? 33L is the longest runway at BOS' In a devastating turn of events, the same day, an Air India flight bound for London's Gatwick airport crashed into a residential area near Ahmedabad shortly after takeoff. The aircraft was carrying mostly Indian nationals, along with 53 British, seven Portuguese, and one Canadian citizen. Tragically, the crash claimed the lives of nearly all onboard, including former Gujarat Chief Minister Vijay Rupani, 68, who was on his way to visit his daughter in London. Only one survivor has been confirmed so far. The plane went down in the Meghaninagar area, crashing into the hostel building of B J Medical College. At least 24 people on the ground, including four medical students, were also killed. Investigations are currently underway to determine the cause of the crash.
Business Journals
13-06-2025
- Business
- Business Journals
Five things: BIO in Boston, 'Loganing,' Petri Dish and Best Places to Work rankings
Good morning, Boston. Here are the five things you need to know in local business news to start your busy Friday, and one more thing to know: Tomorrow marks yet another Saturday with rain in the forecast. 1. Forget 'Storrowing.' Massport deals with 'Loganing' MassPort is taking steps to address an uptick in "too-tall" truck strikes on road signs and overpasses at Logan International Airport, Isabel Hart reports. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events 2. BIO is nigh upon us BIO International, the global convention for life sciences companies, investors, partners and the state and national economic development officials wooing them, is arriving in Boston starting on Monday. Hannah Green has all you need to know about what it means to host this major trade show, and spoke with one of the original architects of the Massachusetts life sciences industry. 3. Alnylam, GSK, Vertex pledge Mass. jobs for tax incentives Green also reports that 33 life sciences companies are slated to receive $29.9 million in tax incentives in exchange for creating over 1,500 new jobs in Massachusetts. Do you like the Five Things? Make sure to subscribe — free — to our Morning Edition emails so you have it in your inbox each day. 4. Boston vaccine developer acquired for $1.25B And because she's not busy enough, Green also reports that CureVac NV, whose U.S. headquarters is in Boston, is being acquired by BioNTech in a deal valued at $1.25 billion. 5. How small businesses can use AI Small businesses are learning to put AI to work as an extra pair of hands through a partnership with a local nonprofit led by a Boston University researcher and the Black Economic Council of Massachusetts, Eli Chavez reports. What else you need to know By the numbers The Petri Dish A spinout from Scorpion Therapeutics debuted with $177 million, Bicara Therapeutics doubled its footprint, and the Mass. Life Sciences Center gave out health equity awards of $50,000 — all in the latest biotech news roundup from Hannah Green. On the radio This morning at 6:45 or 8:45 on GBH Radio's "Morning Edition" you can hear Jess Aloe report the "Boston Business Journal Minute" — a quick highlight of the week's top stories. Not near the radio? Listen here anytime. Listen this Sunday to the New England Business Report, where I will be discussing the news of the week with Kim Carrigan and Joe Shortsleeve. Tune in at 8 a.m. on WRKO-AM 680 or listen here. Quotable 'I feel like the grandmother who sits at the soccer game, and I look out there and I see my little grandchild running up and down the field and scoring goals and being a star player. And nobody knows that that's my grandchild, but I know.' — Susan Windham-Bannister, former head of the Mass. Life Sciences Center, reflecting on the growth of the industry since 2008. Today in history On this day in 1995, Alanis Morissette released her breakthrough album, Jagged Little Pill. (On This Day In Music) Birds I'm seeing Tree Swallow in Belle Isle Marsh, East Boston What's good on WERS-FM Brilliant Mistake, by Elvis Costello What I'm watching Kaos, on Netflix Welcome to the jungle Whether you like Guns N' Roses, or not, you couldn't ignore the jungle theme at last night's 23rd annual Boston Business Journal Best Places to Work ceremony and reception. Stay tuned for photos from the event, which will be posted to our site later today, but for those of you wondering which companies ranked highest in their size category, you can find all the 2025 Best Places to Work here or scroll below for the rankings themselves. As I mentioned, the event was 'jungle-themed,' meaning lots of vegetation, animals and reptiles, stilt-walking giraffes, elephants and lions, and more. We had over 300 nominations this year, and from those, Massachusetts-based employees were surveyed by Quantum Workplace, our longtime data partner, and their responses led us to expand this year's ranking from 80 companies to 100 qualifying as Best Places to Work. If you love your company and think it could be among the top-ranked Best Places to Work, be sure to contact Sean McFadden, our associate editor, research, who will make sure you're included in the survey process next year. PARTING SHOT You know how much I love a wildlife webcam. Well, these researchers are using hidden cameras in the jungles of Central America to get help from the animals themselves in documenting the rainforest's incredible variety of species. Subscribe to the Morning Edition or Afternoon Edition for the business news you need to know, all free. Best Places to Work: Extra Large Companies (500 employees and up) Score Rank Prior Rank Company 1 1 VHB 2 6 Arbella Insurance Group 3 3 Vertex Pharmaceuticals Inc. View this list Best Places to Work: Large Companies (250 to 499 employees) Score Rank Prior Rank Company 1 2 Wasabi Technologies 2 2 CyberArk 3 3 Weston & Sampson View this list Best Places to Work: Medium Companies (100 to 249 employees) Score Rank Prior Rank Company 1 1 SEI - Boston 2 2 RapDev LLC 3 2 J. Calnan & Associates View this list Best Places to Work: Small Companies (50 to 99 employees) Score Rank Prior Rank Company 1 1 Tines 2 3 Ligris + Associates PC 3 3 Your Part-Time Controller LLC View this list
