Transportation

Transportation
Ryder Says Shift to Asset-Light Services Pays Off During Freight Market Downturn
July 24, 2025

Ryder System delivered its third consecutive quarter of double-digit earnings per share growth, with executives saying this signals results of the transportation and logistics giant’s transformation strategy amid a prolonged freight market downturn. Get the Full Story Complete the form to unlock this article and...

Ridesharing
Lyft Will Let Riders ‘Favorite’ or Block Drivers 
July 24, 2025

Lyft is letting riders “favorite” the drivers they appreciate, and block the ones they don’t. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Transportation
China’s Baidu Touts World’s First Autonomous Car Rentals
July 09, 2025

China’s Baidu has launched what it calls the world’s first autonomous car rental service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Ridesharing
Report: Moove to Raise $1.2 Billion Ahead of Expansion in US
July 02, 2025

African ride-hailing startup Moove is reportedly within weeks of finalizing an oversubscribed debt round in which it will raise $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Transportation
Waymo Aims to Test Autonomous Vehicles With Human Drivers in New York City
June 18, 2025

Waymo has applied for a permit to test its autonomous vehicles in New York City with a human driver behind the wheel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Ridesharing
Uber Debuts Savings Tools as Consumer Budgets Tighten
May 14, 2025

Uber has rolled out a series of products designed to help customers save money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Ridesharing
Special Situations Fund Engine Capital Seeks Board Changes at Lyft
April 29, 2025

Engine Capital, a special situations fund that invested in Lyft in 2024 and has about a 1% stake in the company, said Tuesday (April 29) that it aims to elect two candidates to the rideshare company’s board of directors and address Lyft’s “governance and capital...

Transportation
WEX Expands EV Charging and Payment Solution to Include Private Chargers
April 28, 2025

WEX has added a feature that enables fleets with electric vehicles (EVs) to use the WEX Fleet Card at private chargers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Ridesharing
Lyft CEO David Risher: Surge Pricing ‘Deeply Unpopular’ With Customers
April 25, 2025

Lyft found that surge pricing is “deeply unpopular” with customers, CEO David Risher said in his annual letter to shareholders, released Thursday (April 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...