Transportation/page/2 news and trends

Court Rejects Uber’s Challenge to California Gig Worker Law
Gig Economy // June 10, 2024

Uber said Monday (June 10) that a U.S. appeals court decision rejecting the company’s challenge to a California law that could force it to treat drivers as employees rather than independent contractors will have no impact. “While today the 9th Circuit decided to leave AB5...

Transport Companies Plot Paths to Initial Public Offerings
IPO // June 04, 2024

Transportation and logistics firms are reportedly working to overcome a roadblock to initial public offerings (IPOs). These companies are considering IPOs after a stretch of cooling freight demand and a dearth of funding, The Wall Street Journal (WSJ) reported Tuesday (June 4). “This year we’ve...

93% of Truck Drivers Want Instant Payments
Faster Payments // May 15, 2024

Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects across the entire U.S. economy. PYMNTS Intelligence’s “Generation Instant: How Truckers Use Instant Payments to Support Their Lifestyles” revealed that...

Open-Loop Payments Help Advance Smart City Innovation
Connected Economy // May 14, 2024

The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an increase in the prevalence of apps and platforms to streamline everyday commuting journeys. This growing shift has...

Interviews & Exclusives
Small Business Fleets Like Sending Instant Payments

June 14, 2024
Small- to medium-sized businesses (SMBs) in the transportation sector use instant payments more widely than other payment options. PYMNTS Intelligence finds that in the last year, 74% of these businesses surveyed sent instant payments. In fact, 48% of these SMBs identify an instant option as their most used form of payment. Push-to-debit cards are the […]

93% of Truck Drivers Want Instant Payments

May 15, 2024
Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects across the entire U.S. economy....

Open-Loop Payments Help Advance Smart City Innovation

May 14, 2024
The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an...

AI and Connected Vehicles Create New Road Maps for Smart Cities

April 04, 2024
Death, taxes — and traffic — are some of life’s unavoidable certainties. But in the quest for smarter, more efficient urban environments, artificial intelligence (AI) is helping to pave the...

Quick Reads
Court Rejects Uber’s Challenge to California Gig Worker Law

June 10, 2024
Uber said Monday (June 10) that a U.S. appeals court decision rejecting the company’s challenge to a California law that could force it to treat drivers as employees rather than independent contractors will have no impact. “While today the 9th Circuit decided to leave AB5 intact, Uber drivers and couriers remain independent as a result […]

Transport Companies Plot Paths to Initial Public Offerings

June 04, 2024
Transportation and logistics firms are reportedly working to overcome a roadblock to initial public offerings (IPOs). These companies are considering IPOs after a stretch of cooling freight demand and a...

Bolt Technology Hiring Managers for eScooter Rentals Launch in US

May 07, 2024
Estonian company Bolt Technology OU is reportedly looking to hire managers to launch eScooter rentals in several cities in the United States. The firm posted job listings on LinkedIn last week seeking general...

Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants

April 24, 2024
Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel.  The company’s new delegate profiles enable EAs to manage ground transportation for...