Hints and tips:
...About 15 per cent of Uber’s gross bookings are airport trips, while in the UK 40 per cent of journeys start or end near transit hubs. “We hope to build our core business,” Brem said....
...Boring problems Elon Musk’s Boring Company has built a tiny loop to move cars through Las Vegas, but workers of the “hyperloop” mass-transit system say its tunnels are packed with chemical sludge, reports...
...and transit papers....
...The BioNTech/Pfizer vaccine, which received emergency approval from the UK regulator on Wednesday, needs to be stored at approximately minus 70 degrees Celsius during transit....
...The UK, one of Uber’s biggest markets outside North America, will pilot the service before a wider rollout....
...And that makes trucking a potent symbol of America’s wider problems in its political economy. The problems revealed in the transit world are anything but “transitory”....
...acquiring a stake in one of New York’s newest office towers, in a deal that would value the 70-storey skyscraper at $2.85bn and signal confidence that the crisis-hit city will remain the nexus of corporate America...
...The divestiture follows the sale of the Aberdeen-based group’s US school bus and transit businesses for £3.3bn to Swedish private equity company EQT in July....
...SoftBank and its Vision Fund have also backed China’s Didi and Grab in south-east Asia, as well as food delivery services DoorDash and Rappi, which compete with Uber Eats in North America and Latin America...
...It comes at the moment when usage usually starts to pick up in Europe and much of North America after the winter slowdown....
...Keeping fresh food at the correct temperature in transit adds expense in what is a low-margin business....
...Uber has pledged to make all of its rides in North America and Europe fully electric by 2030, after a new report found the ride-hailing company’s operations to be more damaging to the environment than private...
...“All of America must receive the vaccine within 24 hours,” said General Gustave Perna, who is in charge of distribution for the programme, in a press briefing on Wednesday....
...It said it would consider a “credible” offer for First Student and First Transit, which it described as “valuable assets” well positioned for “profitable growth”, but did not commit to selling....
...Gartner’s Mr Ramsey says it’s more likely that Waymo and Cruise will eventually outsource operations to a specialised network or to public transit operators....
...“What we see around the world is users of Uber tend to be heavier than average transit users,” said Mr Salzberg....
...Uber and Morgan Stanley, Goldman Sachs and Bank of America Merrill Lynch, the lead underwriters for the IPO, declined to comment....
...An important catalyst for adoption will be rapid transit....
...We agree that fighting congestion is a priority, which is why we support the state’s vision for congestion pricing, the only evidence-based plan to reduce traffic and fund mass transit,” said Harry Hartfield...
...North America and Latin America also drove first-quarter sales growth for Rockwell, whose total revenue climbed 3.5 per cent to $1.64bn....
...Morgan Stanley, Goldman Sachs and Bank of America were lead underwriters....
...The lead underwriters on the IPO were Morgan Stanley, Goldman Sachs and Bank of America....
...The proof of concept is vital for testing the techniques, economics and public acceptance of a new kind of underground transit system....
...they have: metropolitan populations in excess of 2m people and a density of 2,000 people per square mile; significant traffic congestion; a nearby airport; multi-modal transport options such as public transit...
...Japan’s Narita Airport, a major transit point between south-east Asia and North America, is considering adding a third runway....
International Edition