Public Transit Goes Off the Rails With Fewer Riders, Dwindling Cash, Rising Crime
By Jimmy Vielkind Jan. 8, 2023 1:08 pm ETListen to article(2 minutes)Several of the nation’s largest urban mass-transit systems are...
Land Transport
Railroads Focus on Stabilizing Workforce After Strike Is Averted
BusinessFederal regulator and businesses criticize service disruptions; Norfolk Southern rethinks furloughs Source link
Union Pacific Profit Rises 13% as Railroads Benefit From Higher Freight Rates
Higher prices and strong demand from customers helped lift profits for major railroad operators in the most recent quarter, though...
Biden Rule Would Add More Gig Workers to Company Payrolls
The Biden administration is proposing a new rule that could put more gig workers on company payrolls, scrapping a Trump...
White House Explores Rail-Freight Alternatives as Possible Strike Looms
The White House is assessing how other transportation providers could fill potential gaps in the nation’s freight network as labor...
Freight Railroads Propose Limiting Sensitive Cargo as Strike Threat Looms
Freight railroads said they are planning to halt the transport of hazardous materials and sensitive cargoes, such as chemicals used...
Uber Revenue Doubles, Sending Shares Surging
Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
Procter & Gamble Sounds a Warning After Strong Quarter
Procter & Gamble Co. PG -6.18% , maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth...
Uber Agrees to Pay Penalties After Overcharging People With Disabilities
The Justice Department said it settled a case with Uber Technologies Inc. that alleged the ride-hailing company wrongfully charged wait-time...
Massachusetts Court Blocks Gig-Worker Ballot Measure
The top court in Massachusetts blocked a ballot measure Tuesday that would have asked voters to classify gig workers as...
Uber’s Revenue Doubles, but Stock Falls After Lyft Warns of Higher Driver Costs
Uber Technologies Inc.’s UBER -4.65% revenue more than doubled last quarter, as demand for rides rebounded from the downturn caused...
Canadian Pacific Railway Work Stoppage Threatens New Supply-Chain Snarl
Canadian Pacific Railway Ltd. trains were halted Sunday morning following an impasse in contract negotiations between the company and its...
Canadian Pacific Railway Threatens Lockout in Labor Dispute
A lockout or possible strike action at Canadian Pacific would strand large volumes of shipments of commodities and manufacturing and consumer...
Uber Imposes New Customer Fees to Offset Gas Prices
Uber Technologies Inc. is imposing a temporary surcharge on U.S. customers to soften the blow to drivers from mounting gas...
Inside Subway’s Turnaround Plan
Subway, which has the most locations of any restaurant chain in the U.S., is pursuing a new way to try...
What CEOs Are Saying About Inflation: ‘The World Has Changed’
This is what some of the world’s corporate leaders said on their quarterly earnings calls this week about what they...
