GM’s Self-Driving Car Unit Skids Off Course
Cruise was once one of the bright spots in the tenure of GM CEO Mary Barra. Now both of its...
Land Transport
Who Should Eat the Cost of Pricier Delivery Menus?
Persuading establishments to rethink higher delivery prices is proving challenging for the food-delivery app. Source link
WSJ News Exclusive | Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link
Uber’s Business Is Finally Making Money After Years of Losses
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WSJ News Exclusive | Inside Lyft CEO David Risher’s Efforts to Bolster the Company
The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form...
The ‘Taxi Prince’ Is Taking on Uber—and Winning
Uber has been outmaneuvered in one of the world’s largest taxi markets by the man known as Japan’s taxi prince....
Railroads Offer Paid Sick Leave, Better Work Conditions After Yearslong Efficiency Push
Union Pacific, CSX and Norfolk Southern agree to labor-friendly policies to ease staffing strains. Source link
WSJ News Exclusive | Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs to Reduce Costs
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Drop in Transportation Stocks Foreshadows Weakening Economy
The Dow Jones Transportation Average has badly underperformed the Dow Jones Industrial Average since early February. Source link
How a Railroad Outsider Aims to Improve Service
New CEO Joe Hinrichs says railroads’ use of the vaunted precision-scheduling model hasn’t put enough focus on employees and customers....
Elon Musk Creates New Artificial Intelligence Company X.AI
The name of the new Nevada-incorporated organization suggests a link to the billionaire’s interest in an everything app. Source link
Lyft Hires New CEO as Founders Step Back Amid Struggles With Competition
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a...
What’s Behind Train Derailments and Are They Happening More Often?
Recent train derailments, including one in a small Ohio town, have prompted officials to examine what is causing the accidents...
Trucking Giant Knight-Swift Transportation to Buy U.S. Xpress
Logistics ReportThe acquisition at four times Monday’s closing stock price for the rival carrier will boost Knight-Swift’s fleet to about...
Canadian Pacific’s Merger With Kansas City Southern Is Approved
BusinessSurface Transportation Board paves way for $28 billion deal, the biggest rail merger in two decades Source link
NTSB to Probe Norfolk Southern Safety Culture After Derailments, Accidents
BusinessRailroad CEO slated to testify before Senate panel Thursday about Ohio derailment Source link
Norfolk Southern’s Second Ohio Derailment Is Investigated
No hazardous materials were aboard a train that derailed near Springfield on Saturday. Source link
Train-Car Wheel Bearing Overheated Before Ohio Train Derailment, NTSB Finds
U.S.Agency continues its investigation after accident involving Norfolk Southern train in East Palestine Source link
Why Lyft Is Headed for Its Own Recession
The ride-hailer’s fundamentals show its rebound is likely to stall as the new year progresses. Source link
Didi Wins Approval to Restart New User Registration for Ride-Hailing Service
TechMove comes a year and a half after ride-hailing giant was targeted in a cybersecurity probe by Chinese authorities Source...
