transportation

Amazon Buys 11 Boeing Jetliners To Boost Amazon Air Fleet

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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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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