transportation

Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
January 29, 2021  |  ANTITRUST

Uber’s planned acquisition of Autocab is being investigated by the U.K.’s Competition and Markets Authority (CMA) for suspected anticompetitive behavior, Reuters reported on Friday (Jan....

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Today In Payments Around The World: Brazilian FinTech Nubank Notches $400 Million; Didi Chuxing Raises $300 Million For Self-Driving Autos
Today In Payments Around The World: Brazilian FinTech Nubank Notches $400 Million; Didi Chuxing Raises...
January 28, 2021  |  News

In today’s top payments news around the world, Brazilian financial technology firm Nubank has raised $400 million in a Series G funding round, while Chinese...

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United Airlines’ Operating Revenue Drops 69 Pct Amid Pandemic
United Airlines’ Operating Revenue Drops 69 Pct Amid Pandemic
January 21, 2021  |  Earnings

United Airlines reported that Q4 2020 operating revenue plunged by 69 percent from Q4 2019 as the pandemic continued to challenge the aviation industry. Get the...

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Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up
Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up
January 20, 2021  |  Ridesharing

Miami-based micromobility startup Bolt, co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings,...

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Pilot Company, RTS Team On Fuel And Factoring For Fleets
Pilot Company, RTS Team On Fuel And Factoring For Fleets
January 11, 2021  |  B2B Payments

To help trucking firms expand their businesses, Pilot Company and RTS Financial (RTS) have teamed up for a fuel and factoring partnership. The firms will...

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Hyundai, Apple Said To Be Ready For Electric Car Agreement By March
Hyundai, Apple Said To Be Ready For Electric Car Agreement By March
January 11, 2021  |  Partnerships / Acquisitions

Hyundai Motor and Apple are set to make a new agreement on electric cars by March, Reuters writes, citing local newspaper Korea IT News. Get...

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Rivian Close To Raising Funds At $25 Billion Valuation
Rivian Close To Raising Funds At $25 Billion Valuation
January 06, 2021  |  Investments

Electric truck startup Rivian Automotive, which is backed by Amazon, is near to a new funding round which would value it at $25 billion, Bloomberg...

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Amazon Buys 11 Boeing Jetliners To Boost Amazon Air Fleet
Amazon Buys 11 Boeing Jetliners To Boost Amazon Air Fleet
January 05, 2021  |  eCommerce

In a first, Amazon has purchased Boeing 767-300 wide-body airliners, in this case from Delta Air Lines and WestJet Airlines. The 11 aircraft will join...

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Car Rental Startup Turo Plans 2021 Public Offering 
Car Rental Startup Turo Plans 2021 Public Offering 
January 04, 2021  |  IPO

After a banner 2020, the car rental website Turo announced it is planning to pursue an initial public offering (IPO) in 2021, either traditionally or...

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