FedEx picks transportation industry veteran for CFO
CFO Dive
JULY 18, 2023
Just under a month after announcing CFO Michael Lenz was retiring, FedEx appointed air cargo industry veteran John W. Dietrich as its new finance chief.
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CFO Dive
JULY 18, 2023
Just under a month after announcing CFO Michael Lenz was retiring, FedEx appointed air cargo industry veteran John W. Dietrich as its new finance chief.
CFO News
MAY 5, 2024
India is planning a comprehensive overhaul of its urban transportation system, aiming to merge metro and bus services while prioritizing the adoption of clean energy. The proposal also includes incentives to encourage environmentally friendly intra-city freight transport using small trucks.
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Fox Corporate Finance
JULY 18, 2023
FCF Fox Corporate Finance GmbH is pleased to publish the new “FCF LOGISTICS & TRANSPORTATION MARKET STUDY – 2023”. Based on available data from European logistics and transportation providers, the FCF LOGISTICS & TRANSPORTATION MARKET.
Bramasol
SEPTEMBER 26, 2022
This new episode in our ongoing series on the Digital Solutions Economy (DSE) provides an overview of how DSE is impacting the transportation industry. In some ways, the transportation sector has always included services based on subscriptions and usage. Public transportation systems need to improve accessibility and cost of ridership.
PYMNTS
OCTOBER 8, 2020
Manheim Logistics has formed an exclusive collaboration with DHL Supply Chain in order to develop what a press release calls a "more holistic" transportation management system. DHL will use the company's Global Control Tower in Detroit, alongside various U.S.-based
PYMNTS
JULY 17, 2020
Mary Kay Bowman , Visa ’s head of seller solutions, told Karen Webster in a recent conversation that some operators had contactless payments already partially available in segments of the public transportation system, while others had it earmarked for a project several years in the future.
PYMNTS
JULY 16, 2020
Visa , in response to the rising demand for safer ways to travel, has expanded its partnership with Cubic Transportation Systems to offer contactless payments for public transportation services in over 500 cities, according to a press release.
Fox Corporate Finance
AUGUST 2, 2022
FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Logistics & Transportation Market Study – 2022”. FCF regularly engages in research on the logistics and transportation sector based on available data from.
PYMNTS
NOVEMBER 23, 2020
government is enlisting Uber and Lyft to help provide transportation services for public agencies and employees, Reuters reports. government was known to spend around $200 million on transportation every year. The deal is worth up to $810 million and will be able to assist over 4 million employees of the government nationwide.
CFO News
MARCH 13, 2024
Maruti Suzuki plans to increase railway transportation to cut costs and emissions. It has invested Rs 1081 crore to commission in-plant railway siding in Gujarat and aims to double production capacity to 4 million units per annum by the end of the decade.
PYMNTS
JANUARY 9, 2020
The reality is, many Americans fail to pick up their prescriptions or make it to their doctors’ appointments not because they don’t want to go but because they can’t — they lack adequate access to transportation. According to data from the Transportation Research Board, about 3.6 It doesn’t work direct to consumer.
PYMNTS
MAY 13, 2019
Mastercard and Kisio, a unit of Keolis, are joining forces to make it easier for people to pay for transportation around a city. Transportation providers will be able to let passengers book their trips in one app. As it stands, most city dwellers have to purchase separate tickets for each mode of public transportation. “As
PYMNTS
JANUARY 7, 2019
HERE Technologies , a mapping and location data company, has released a new mobile transportation app called SoMo that hinges on a social aspect, according to a report from VentureBeat. The app combines all transportation – public, private and personal – and lets users see all options at once.
PYMNTS
JANUARY 21, 2020
Healthcare transportation companies Ride Health and Uber Health have teamed up on non-emergency medical transportation to expand options for people seeking an easier way to get to their medical appointments, Ride Health announced on Tuesday (Jan. Ride Health has a web-based transportation enabling platform that’s also mobile-enabled.
CFO News
MARCH 21, 2023
of its GDP on transport infrastructure this year, which is more than twice the level in America and most European countries. The Indian government is spending 1.7% This investment is expected to create jobs and boost the economy.
PYMNTS
JANUARY 9, 2020
Its Software-as-a-Service (SaaS) systems help clients comprehend risk throughout their transportation networks. . Riskpulse works with shippers, carriers and distributors — as well as their customers — to boost on-time performance, and minimize extraneous freight costs and waste.
PYMNTS
JANUARY 20, 2021
Bolt is striving to revolutionize transportation with its streamlined tools, Tzoumas said, adding that the expansion to new locales includes a presence on 18 university campuses and gives Bolt the ability to “empower local partners to expand the interconnectivity of cities and universities with multi-modal micromobility solutions.”.
PYMNTS
FEBRUARY 13, 2020
And in transportation, Lyft is innovating on its technology stack as the firm rolls out features like the Lyft matching platform. Connected brides have a series of new platforms, interactive tools and partnerships to help them plan their weddings. David’s Bridal , in one case, offers a new suite of tools, including a wedding vision board.
CFO Dive
APRIL 22, 2024
The public transport company appointed an interim CFO after reporting a 36% drop in profit, impacted by inflationary pressures and labor shortages in key markets.
PYMNTS
APRIL 30, 2020
A worldwide police force has issued an alert warning that criminal organizations are using food delivery services to transport drugs as countries remain locked down during the COVID-19 pandemic.
PYMNTS
JULY 7, 2020
The COVID-19 pandemic has hit public transportation usage all over the world, with New York and London seeing ridership fall by 90 percent or more. Souza said that last point is incredibly critical, given the scale at which many public transportation systems operate under normal conditions. What’s Coming Down The Track?
E78 Partners
FEBRUARY 28, 2023
The Challenge AmeriFleet Transportation Solutions faced challenges with its data management system, making it difficult to collect and organize data effectively. The post AmeriFleet Transportation commands Data Management with E78 Partners Technology Services & Solutions appeared first on E78 Partners.
PYMNTS
JANUARY 21, 2021
And in an interview with PYMNTS, Nick Careen , senior vice president of airport, passenger, cargo and security at the International Air Transport Association (IATA), said the stage is set for digital solutions to help validate and authenticate passengers, and also serve as a validation of a COVID-related test and travel requirements.
PYMNTS
OCTOBER 14, 2020
For example, wholesale auto sellers who used to deal mostly in person have pivoted — and largely stayed — with their new digital model, in turn bringing a surge of business to transportation providers like Manheim Logistics. “As
PYMNTS
JANUARY 10, 2020
FlixMobility , a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. Daimler has also collaborated with BMW to offer FREE NOW, a partnership that showcases a range of transportation services from taxis, car sharing, and ride hailing. The FREE NOW platform reached 2 billion euros last year.
Corporate Finance Associates
NOVEMBER 17, 2021
The report below gives a good overview of the Fall 2021 M&A activity in the Transport, Logistics and Supply Chain Industry Sector. Read the Entire Fall 2021 Transport, Logistics and Supply Chain Report Here. The post Fall 2021 | M&A Report In The Transport, Logistics and Supply Chain Industry Sector appeared first on CFA.
CFO Dive
MAY 13, 2024
Finance chiefs need to find “consultative” partners that will work to eliminate waste and drive down transport costs, experts say.
CFO News
MAY 14, 2024
NCLAT orders lifting of lien on ITNL's account, deeming Maharashtra tax department's attachment contrary to previous decision. PNB seeks interim distribution of Rs 12 crore from ITNL's account towards debt, allowing IL&FS board to consider fund distribution.
PYMNTS
JULY 22, 2019
and caregivers who aren’t able to transport their loved ones. Within a year, Onward expects to have hundreds of drivers on board, as well as an increase in the number of vehicles that can transport riders in powered wheelchairs. They are all trained in CPR, dementia, and have gone through a background check and car inspection.
PYMNTS
JUNE 3, 2020
To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with transportation management software firm McLeod Software , according to an announcement.
PYMNTS
JULY 9, 2019
The ridesharing leader has its sights set on becoming the smartphone app everyone looks to for a lift—no matter the mode of transportation. With this step, we are moving closer to making Uber’s platform a one-stop shop for transportation access, from shared rides to buses and bikes.”.
PYMNTS
JULY 8, 2019
Transport for London (TfL) said on Monday (July 8) that it will start tracking riders through London’s Underground with Wi-Fi from their phones, according to a report by the Financial Times. The TfL ran a pilot of the tracking system in 2016, and will use the data to better understand how people flow in and out of the system.
PYMNTS
FEBRUARY 7, 2018
Two blockchain alliances have formed an alliance of their own to promote the use of blockchain in the global logistics and transport industry. 6) stated that the Wall Street Blockchain Alliance (WSBA) and the Blockchain in Transport Alliance (BiTA) are collaborating to develop solutions in supply chain financing and risk management.
CFO News
JANUARY 20, 2023
The company has proposed that over the coming three years, no new trucks be deployed with it and the existing fleet be reduced to 550 trucks as required instead of the 3,311 vehicles at present.
PYMNTS
APRIL 2, 2018
But car shares don’t solve all transportation challenges: Cars are limited to busy roads, after all. Citing comments Lyft Chief Executive Logan Green made at a press event earlier this year, The Verge reported Lyft could take a page from Netflix and Spotify by bringing a subscription-based model to the transportation market.
PYMNTS
JULY 14, 2016
When it comes to accepting payments for transportation, London has got something over a lot of other cities around the world: ease of use. That ease of use in paying for transportation has piqued the interest of other cities around the world that could soon begin using London’s technology under a new deal. and international companies.
PYMNTS
MAY 2, 2018
MOBI , the Mobility Open Blockchain Initiative, debuted on Wednesday (May 2) to explore blockchain for use in transportation. The group said it is actively working with companies that represent more than 70 percent of global vehicle productions when looked at it from a market share perspective.
CFO Dive
SEPTEMBER 15, 2022
Rising costs for transportation and other services suggest that inflation is gaining strength across the economy.
PYMNTS
SEPTEMBER 6, 2016
South Australia is becoming the first government in Australia to enable residents to pay for public transportation via a smartphone. According to a report , Adelaide is gearing up to run a three-month, proof-of-concept, smartphone-based ticketing system on select transport routes with a controlled test group of users.
PYMNTS
MAY 5, 2017
Fleet payment solutions WEX Company EFS announced this week its recent new business win of irregular route common and contract carrier company Premier Transportation. In an effort to enhance its business needs, Premier is moving its entire payments business to EFS.
CFO Dive
AUGUST 1, 2022
Transport Corp Canada’s Group CFO Venu Katta has intensified his focus on cash flow management as supply chain issues continue to hamstring the trucking industry.
PYMNTS
DECEMBER 26, 2018
Not only that, but those players, along with other operators, are trying to make scooter-sharing more mainstream even as some politicians and lawmakers push back on that mode of transportation.
PYMNTS
MARCH 19, 2018
China is reportedly using its social credit system to prevent people who have committed crimes such as spreading fake news about terrorism or creating problems on flights from riding on transportation for as long as a year. It noted that in the early part of last year, the Supreme People’s Court said that 6.15
PYMNTS
MARCH 1, 2018
56 percent | Percentage of ground transportation expenses Uber secured for travel and expense company Certify’s customers in 2017, up 52 percent in 2016. The study also found that 67 percent of mid-sized financial institutions (FIs) are allocating less than one-quarter of their budgets toward the same goals.
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