Transports Off the Rails

CFO News Room

It’s been a rough ride for transportation stocks, with the Dow Jones Transportation Average losing more than 6% of its value this week. If Dow Theory teaches us anything, it’s that transport stocks, like railroads, are historically leading indicators for market trends.

Falling Transport Stocks Challenge Economic Outlook

CFO News Room

Transportation stocks were hot in 2021 and earlier this year, driven by optimism about economic growth. The Dow Jones Transportation Average, which tracks 20 large U.S. The transportation benchmark in March was within 2% of a November record powered by optimism that resurgent economic growth would boost transportation companies’ profits. Now investors are turning the other way.

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Durable-Goods Orders Rose in September, Boosted by Transportation…

CFO News Room

Transportation equipment jumped 2.1 Within the transportation equipment category, nondefense aircraft jumped 21.9 New orders for durable goods rose 0.4 percent in September, following a 0.2 percent gain in August. Total durable-goods orders are up 11.3 percent from a year ago.

Overcoming obstacles to the electrification of transportation

McKinsey Public & Social Sector Insights

In an interview at the M30 Mobility Summit, Navistar’s Michael Grahe shares his views on the latest developments in mobility. Automotive & Assembly Insights Automotive Travel, Logistics & Infrastructure Sustainability

FCF Logistics & Transportation Market Study – 2022 published

Fox Corporate Finance

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.

How the Digital Solutions Economy is Impacting the Transportation Sector

Bramasol

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.

Manheim, DHL Collaborate On Transportation Management

PYMNTS

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. B2B Payments B2B DHL Supply Chain logistics Manheim Logistics News partnerships transportation What's Hot In B2B

Visa Expands Contactless Public Transportation Payments Due To Pandemic

PYMNTS

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.

Warehouse Packing Help Wanted, Excellent Penmanship Required

CFO News Room

Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. CFO News CH:KNIN Consumer Goods E-commerce Etailing freight transport Freight Transport/Logistics KNIN.EB

Unlocking hydrogen’s power for long-haul freight transport

McKinsey Public & Social Sector Insights

As the demand for hydrogen in transportation increases, it is imperative to develop infrastructure to supply trucks, buses, and cars. Voices Operations

Partnership Innovates Transportation SCRM

PYMNTS

Its Software-as-a-Service (SaaS) systems help clients comprehend risk throughout their transportation networks. .

Uber And Lyft Win Government Transportation Contract

PYMNTS

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 U.S.

Disrupting transport: An interview with Robert Falck of Einride

McKinsey Public & Social Sector Insights

Einride’s founder and CEO discusses how autonomous technology and digital infrastructure can decarbonize the difficult-to-abate freight industry. Voices Operations

Mastercard, Kisio Team To Streamline Transport Payments

PYMNTS

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. Citing a recent survey, Mastercard said that 57 percent of people who live in cities expect those cities to offer one account that can cover all modes of transportation.

HERE Releases New Social Transport App, SoMo

PYMNTS

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. Users can also choose a “bus” tab to peruse public transportation options. Ridesharing logistics mobility News ride-hailing transportation What's Hot

Visa: Contactless Is The Cornerstone For A Reinvented Public Transportation Experience

PYMNTS

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.

Fall 2021 | M&A Report In The Transport, Logistics and Supply Chain Industry Sector

Corporate Finance Associates

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.

French Shipping Firm to Take Stake in Air France-KLM in Air Cargo Expansion

CFO News Room

LONDON—French container shipping firm, CMA CGM Group, said it would take a stake in Air France-KLM as part of a deal to combine the airfreight operations of both companies amid a boom in demand for cargo since the start of the pandemic.

Shipping Companies Added Capacity, but Now Containers Are Stuck in Port

CFO News Room

Moller-Maersk Amazon.com AMZN capacity Capacity/Facilities corporate Corporate/Industrial News facilities freight transport Freight Transport/Logistics Hapag-Lloyd harbor operations HLAG.XE

Transport Trade Group Brings Airlines And Vaccine IDs Into The Digital Age

PYMNTS

Coronavirus digital ID Featured News International Air Transport Association News T&E travel vaccine passportAt some point, though it may seem to be far away, air travel is going to resume. It may take a while. But businesspeople will want face to face meetings instead of Zoom.

War in Ukraine Disrupts Ships Around the Globe

CFO News Room

The Russian invasion of Ukraine is causing major disruptions for the global shipping industry , with hundreds of vessels trapped at ports, cargo being derailed and freight rates surging.

Southern California’s Notorious Container Ship Backup Ends

CFO News Room

Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. The backup of container ships off Southern California’s coast that was at the heart of U.S. supply chain congestion during the Covid-19 pandemic has effectively disappeared. The queue of ships waiting to unload at the ports of Los Angeles and Long Beach fell from a peak of 109 ships in January to four vessels this week, according to the Marine Exchange of Southern California.

Uber Health And Ride Health Team Up On Medical Transportation 

PYMNTS

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.

Shipping Groups Sue Oakland A’s, City Over Waterfront Stadium Project

CFO News Room

Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology.

Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up

PYMNTS

Ridesharing Bolt News transportation What's HotMiami-based micromobility startup Bolt , co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings, which included the mobility-as-a-service (MaaS) platform Gotcha.

Have Wheels, Will Heal — Medical’s Transportation Ecosystem?

PYMNTS

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

Vector Teams With McLeod Software To Speed Up Transportation Billing

PYMNTS

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.

Powering Innovation With Wedding, Transportation Technology

PYMNTS

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.

London Transport System To Track Subway Riders

PYMNTS

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. Data data collection GDPR News transit Transport for London What's HotThe 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.

Rubber Meets Road In Transportation’s (Digital) ‘New Normal’

PYMNTS

The rebound comes as other modes of transport explicitly tied to cars are suffering, due to the intense face-to-face interactions of ride-hailing and rentals. Retail auto sales car sales Contactless economy Lyft News transportation travel Uber

Interpol Warns Food Delivery Drivers May Be Transporting Drugs

PYMNTS

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.

Amid Ukraine War, Airlines Plot Detours Around Russia as Flight Bans Intensify

CFO News Room

Air Freight Air Transport airlines corporate Corporate/Industrial News Deutsche Lufthansa freight transport Freight Transport/Logistics general news industrial news LHA.XE

Maersk Rakes in the Booty, But Stormy Seas Await

CFO News Room

Earnings Economic News Factiva Filters Financial Performance freight transport Freight Transport/Logistics Hapag-Lloyd Hapag-Lloyd AG HLAG.XE Marine Freight Marine Transport shipping Supply Chain SYND transportation Transportation/Logistics water transport Water Transport/Shipping WSJ-PRO-WSJ.com XE:HLAGGlobal supply-chain disruptions are keeping the good times rolling for container shipping companies.

Truckers Expect Softer Holiday Shipping on Waning Retailer Demand

CFO News Room

Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. “We Knight-Swift Transportation Holdings Inc., The freight operators, in the midst of reporting third-quarter earnings results, are the latest in a host of companies in transportation sectors warning of slackening demand as inflation cuts into consumers’ buying power and triggers uncertainty in the direction of the economy.

U.S. Postal Service to Slow First-Class Package Delivery

CFO News Room

Postal Service said Monday that it would slow delivery times for nearly a third of all first-class packages as part of its effort to lower costs and reduce its reliance on air transportation. The U.S.