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Revel ride-share scooters bridge the gap in transit deserts

An avid bicyclist and all-around two-wheel-vehicle enthusiast, Frank Reig got the idea for Revel, a shared e-moped startup, visiting foreign cities such as Buenos Aires, Argentina, where the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Uber and Lyft said ride-sharing would cut traffic congestion and supplement public transit. But has it worked?

Ride-share companies like Uber and Lyft promise.....»»

Category: topSource: chicagotribuneJun 7th, 2019

Ride-sharing was supposed to cut traffic congestion and supplement public transit. But has it worked?

Ride-share companies like Uber and Lyft promise.....»»

Category: topSource: chicagotribuneJun 6th, 2019

Uber and Lyft want to be about so much more than cars

The future of ride-sharing is moving beyond cars to include electric scooters, bikes, and even public transit as Uber and Lyft race headlong into "new modalities.".....»»

Category: topSource: cnnJul 3rd, 2018

Lyft to pull e-scooters out of Atlanta, other U.S. cities

A year after launching here, ride-hailing company Lyft is pulling its e-scooter service out of Atlanta. Lyft is shifting resources and will end scooter operations in Atlanta on Nov. 22, the company said in a statement. Lyft is also ceasing operations .....»»

Category: topSource: bizjournalsNov 16th, 2019

Uber"s Kalanick sells 21% of his stake after share lockup expires

Uber Technologies Inc co-founder and former chief executive Travis Kalanick has sold nearly 21% of his stake in the ride-hailing company following the expiry of a so-called lockup period, a regulatory filing from late Friday showed......»»

Category: topSource: reutersNov 11th, 2019

Uber says it"s a friend—not foe—of public transit

It's an old question whether Uber is a friend or foe of public transportation. As part of its efforts to demonstrate that it is, indeed, a complement to mass transit, the ride-hail giant announced... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Is Uber Slowing Down Too Much for Investors?

Uber reported its third quarter financial results after the markets closed on Monday. The ride-sharing firm posted a net loss of $0.68 per share and $3.81 billion in revenue, compared with consensus........»»

Category: blogSource: 247wallstNov 4th, 2019

Lyft Gets A Lift In Q3, Beats Estimates On Revenue And Earning Per Share

Wringing more revenue per rider helped drive record third quarter revenues for LYFT Inc, (NASDAQ: LYFT) but the company still recorded nearly double the net loss compared to the same period last year.   The ride-hailing.....»»

Category: earningsSource: benzingaOct 30th, 2019

Uber takes aim at "patchwork" of ride share taxes in Illinois

Uber Technologies Inc on Wednesday sued a Chicago suburb over a new ride share tax, while calling on Illinois lawmakers to address the state's "emerging patchwork" of taxation......»»

Category: topSource: reutersOct 30th, 2019

Volkswagen brings electric cars to Rwanda for ride-hailing service

Volkswagen is importing a batch of electric powered Golf models into Rwanda for a local ride-hailing service, establishing a bridgehead in the country that it hopes to expand to other nations as it seeks to increase market share globally......»»

Category: topSource: reutersOct 29th, 2019

New York lawmakers seek to ban some helicopter flights

Ride share helicopters may be grounded......»»

Category: topSource: foxnewsOct 25th, 2019

Uber & Out: Ride-Hailing Firms Lays Off Another 350 Staff

Uber & Out: Ride-Hailing Firms Lays Off Another 350 Staff In the third round of layoffs since its IPO (and post-IPO share price plunge), Uber CEO Dara Khosrowshahi announced.....»»

Category: blogSource: zerohedgeOct 14th, 2019

Green and transit groups call on Cuomo to sign off on e-bikes and scooters

A group of environmental, transportation and business advocacy organizations are calling on Gov. Andrew Cuomo to hop on board with e-bikes and scooters. In a letter to the governor this week, the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 12th, 2019

Florida to use VW money for cleaner buses

New public-transit and school buses that run on electricity and alternative fuels would get much of Florida’s share of a federal payout from a Volkswagen emissions scandal, under a plan rolled out Tuesday by the state. The Florida Department of.....»»

Category: topSource: bizjournalsOct 9th, 2019

Microsoft HQ adds underground parking, self-driving car drop-offs and transit-connected pedestrian bridge

As part of its multibillion-dollar headquarters renovation, Microsoft is building four floors of underground parking beneath the rebuilt East Campus.....»»

Category: topSource: bizjournalsOct 1st, 2019

E-scooter riders are confused about where to ride and what regulations to follow

E-scooters are a form of shared transportation designed to tackle transportation and congestion issues. Companies like Bird, Lime, and Ojo have placed e-scooters in over 100 cities and tow.....»»

Category: topSource: businessinsiderSep 26th, 2019

After leading bike share innovation two years ago, Seattle falls behind with scooters

Seattle was the first large city to authorize private free-floating bikes in 2017, and now it's beginning the pilot process to do the same with scooters......»»

Category: topSource: bizjournalsSep 20th, 2019

These robots were on ‘Shark Tank’ — now they’re going to school

Sharmi Albrechtsen’s robot fleet is on the move. The founder of SmartGurlz, whose female dolls ride robotic scooters when kids practice coding through an app, is expanding its range of products and entering new markets — and raising money to do .....»»

Category: topSource: bizjournalsSep 16th, 2019

Air Canada sees A220 jet delivering boost for key U.S. transit traffic

Air Canada said on Wednesday it will launch a direct Seattle-Montreal service next spring with its new A220-300 jets, as the carrier eyes new routes to grow its share of lucrative international transit traffic to and from the United States......»»

Category: topSource: reutersAug 14th, 2019

Lyft"s scooters steering new customers to ride-hailing, but winter is coming

A quarter of Lyft Inc customers who use its bikes and scooters are new to the company, executives said on Wednesday, outlining how investments in the expensive growth area may eventually benefit the core ride-hailing business......»»

Category: topSource: reutersAug 8th, 2019