Uber and Lyft want to soak up mass transit business but at whose peril? USPS is painting itself into a corner as it loses last-mile business of its key customers
Portland is the first airport in the country to use the technology, which aims to relieve congestion in the airport arrival zone.
Other Bets revenue, primarily consisting of Uber Freight, increased 263 percent year-over-year to $145 million.
Amazon has broken ground on its Kentucky air hub, which will bring 2,000 jobs and up to 100 planes to the area.
Operating cost savings at stake as company deals with IPO expectations
Market expert Brian Aoaeh explains why all of us should be rooting for Uber, Lyft and other startups. Read why!
The study leverages the treasure trove of data Uber and Lyft possess showing where and when people are traveling.
A credits markets reporter writes about the waning value of the motor fuels tax screen. A logistics company starts-up in Myanmar. And the supposedly available US labor pool is not as available as one might think
Plus: SoftBank’s wager, the ownership economy and ride-sharing in Uganda
Ride-hailing company Lyft (NYSE: LYFT) reported a first quarter 2019 net loss of $1.14 billion, or a net loss of $48.53 per share, the company said on May 7. In comparison, Lyft said it had a net loss of $234.3 million, or a net loss of $11.69 per share, in the first quarter of 2018. […]
Uber and Lyft drivers are planning to strike on May 8 at 10 locations in the U.S. to protest low wages among other concerns. Organizer Rideshare Drivers United is planning a “National Day of Action” and has been joined in its efforts by the New York Taxi Workers Alliance (NYTWA), which represents 21,000 yellow taxi, […]
After a brief hiatus, technology pioneer Anthony Levandowski has reappeared on the autonomous vehicle scene, but has dialed back his initial vision for driverless trucks in favor of a new safety system designed to assist drivers behind the wheel.
France is banning electric scooters from riding on the pavement; U.S. oil rig count has fell since the end of 2018; self-driving vehicle companies are pushing towards favorable government regulations for commercial deployment.
Concerns about profitability in the ride-sharing sector are overblown, public-private partnerships are on the rise and transit and commuting platforms are the future.
Uber stands to gain by avoiding wage and benefit costs that accompany workers classified as employees.
Electric scooters and dockless e-bikes offer exciting opportunities for reducing car usage, but municipalities are struggling to retain authority over the public right-of-way and ensure privatized options are safe and accessible.
Amazon.com, Inc.’s volumes are so immense that the company has pitched tents to support its deliveries.
Uber is planning to sell 14 percent stake on its autonomous driving division for $1 billion to investment firm Softbank, automaker Toyota, and auto parts manufacturer Denso.
Will it make money? Does it matter?
Not long after its IPO, Lyft is removing electric bikes from the markets of New York City, Washington, D.C. and San Francisco after reports of problems with the vehicles’ brakes.
