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Stories By: Ground Transportation

SIXT Reports Record Revenue for Second Year in a Row

Mobility company says all regions made strong contributions to growth….

Hertz Cites EV Costs in Announcing Earnings Loss

CFO sees ‘meaningful growth’ in corporate travel….

Hertz To Sell 20,000 Electric Vehicles

Company cites repair costs as factor in its decision….

Amtrak Ridership, Operating Revenue Both Up in 2023

The rail service reported a nearly 25 percent rise in customer trips over FY22 and continued progress on critical infrastructure projects….

CEO Says Uber Continues to ‘Penetrate’ Into Corporate Space

Executive reports ‘acceleration’ for Uber for Business….

Enterprise Holdings Rebrands as Enterprise Mobility

Company says shift reflects evolution to global network of mobility solutions….

Satisfaction With Car Rental Industry Rises, Says J.D. Power

Report attributes results to stabilized pricing, vehicle availability and improved staffing….

Blacklane Announces Significant Investment From Sixt

Chauffeur services company will use funds for international growth, beginning in North America….

CEO Says Lyft is Working With Cities, Companies To Get Employees Back to Office

Executive on earnings call says layoffs and innovations are ‘really paying off’…

Spending on Car Rentals Up 224% in Q2 2023, Says Emburse Report

Research shows boom in rentals drove prices up ‘exponentially’…

A close-up of hands holding a smartphone with the Uber app logo displayed on the screen. The background suggests the interior of a car, emphasizing the concept of ride-sharing or on-demand transportation services.

Uber Reports First-Ever Quarterly Profit on Q2 Earnings Call

Mobility gross bookings were up 25% year over year >>…