Transportation

Transportation
Solvento Eyes AI-Driven Financial Platform for Mexico’s Trucking Industry
November 19, 2024

If the pandemic taught merchants anything, it’s that supply chains are only as strong as their weakest link — and trucking carriers are among the most vital of those links. And in Mexico, as in other countries, the trucking industry is dominated by small firms...

Ridesharing
Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders
November 04, 2024

Ride-hailing giant Uber Technologies is suggesting a pay cut for its drivers in New York City, citing lower gas prices, as it tries to lower the price of rides in one of its biggest markets. Get the Full Story Complete the form to unlock this...

Transportation
BizzyCar Streamlines Automotive Service With Automated Recall Management
October 21, 2024

Founded in 2018, BizzyCar is a player in the auto tech sector, transforming how automotive dealerships manage service operations with its automated platform focused on recalls.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Transportation
Tesla’s ‘Cybercab’ Event Shows Autonomy Still More Hollywood Than High-Impact
October 11, 2024

What has four wheels, two seats, no steering wheel and arrived a few years late? 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
EVgo Secures $1 Billion Federal Loan Guarantee to Expand US Charging Network
October 03, 2024

As the electric vehicle (EV) industry pursues mainstream adoption, the demand for robust charging infrastructure is more critical than ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Transportation
Shifting Tides: European and North American EV Demand Drops as China Flourishes
September 30, 2024

The electric vehicle (EV) market is turbulent. As governments reduce financial incentives, sales growth stagnates, and automakers are evaluating their investment strategies that anticipated a swift transition to electric. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Transportation
Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
September 23, 2024

In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and released a long-term strategic plan leveraging its assets like United Auto Credit Corporation (UACC), a...

Ridesharing
Uber to Launch Rider Verification and ‘Record My Ride’ Nationwide
September 17, 2024

Uber has announced the nationwide launch of two features designed to improve the safety of drivers: rider verification and the ability to record video and audio during trips with their smartphones. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Transportation
Federal Funds Boost EV Charging Infrastructure, but Scaling Production Faces Hurdles
September 04, 2024

While the federal government last month allocated an additional $521 million for electric vehicle (EV) charging infrastructure, challenges persist in scaling EV production to meet market expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...