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FedEx picks transportation industry veteran for CFO

CFO Dive

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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FCF Logistics & Transportation Market Study – 2023 published

Fox Corporate Finance

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.

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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. Public transportation systems need to improve accessibility and cost of ridership.

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Maruti Suzuki looking at transporting more vehicles via railways to cut down costs and reduce emissions

CFO News

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.

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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. DHL will use the company's Global Control Tower in Detroit, alongside various U.S.-based

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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.

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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 deal is worth up to $810 million and will be able to assist over 4 million employees of the government nationwide.