transportation

Car Rental Startup Turo Plans 2021 Public Offering 

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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US Airlines: 2020 Losses May Land Above $35 Billion
US Airlines: 2020 Losses May Land Above $35 Billion
January 03, 2021  |  Travel Payments

U.S. airlines are likely to lose more than $35 billion in 2020, CNBC reported, citing public documents and analysts’ forecasts. Get the Full Story Complete...

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CloudTrucks Gets Funding; Launches Payment Card With Visa
CloudTrucks Gets Funding; Launches Payment Card With Visa
December 16, 2020  |  B2B Payments

The company that bills itself as a “business in a box” for truckers has closed a Series A funding round of $20.5 million. CloudTrucks made the...

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With Newfound Profitability, Lime Rolls Out Newest Electric Scooter Model
With Newfound Profitability, Lime Rolls Out Newest Electric Scooter Model
November 19, 2020  |  Retail

Lime, the electric scooter and bike rental company, announced the official launch of its latest model on Thursday (Nov. 19), along with a bit of...

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New ‘Uber Reserve’ Service Lets Riders Book Future Trips
New ‘Uber Reserve’ Service Lets Riders Book Future Trips
November 10, 2020  |  Ridesharing

Uber has rolled out a new service, Uber Reserve, aimed at helping riders better control their trips by allowing them to book a vehicle up...

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Orders For Cars, Transportation Equipment Rebound In September
Orders For Cars, Transportation Equipment Rebound In September
October 27, 2020  |  Economy

The U.S. economy may be rebounding faster than previously thought, with orders of durable goods – from cars to communications equipment – handily beating estimates...

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United Airlines Achieves $21M Target Average Daily Cash Burn Amid Pandemic
United Airlines Achieves $21M Target Average Daily Cash Burn Amid Pandemic
October 15, 2020  |  Earnings

United Airlines reported Thursday (Oct. 15) that it achieved a $21 million target average daily cash burn as well as $4 million of average debt...

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Carsharing Startup Getaround Raises $140M In Series E
Carsharing Startup Getaround Raises $140M In Series E
October 14, 2020  |  Investments

Silicon Valley carsharing startup Getaround won a $140 million Series E financing round led by PeopleFund, Getaround announced on Wednesday (Oct. 14). Get the Full...

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