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Business Transportation

All articles tagged with #business transportation

business-transportation1 year ago

"Minneapolis Prepares for Uber and Lyft Exit as New Rideshare Options Emerge"

Uber and Lyft plan to exit the Minneapolis market on May 1 in response to a new city ordinance requiring them to pay drivers a higher rate, sparking concern and debate. The ordinance mandates a minimum rate for drivers, which the companies argue is too high and would force them to leave. State lawmakers and the governor are considering intervening, while city council members are divided on the issue. Residents have mixed opinions, with some supporting the ordinance to help marginalized workers and others opposing it due to concerns about losing access to ride-hailing services.

via Yahoo! Voices|
#business-transportation#lyft#minneapolis
business-transportation1 year ago

"Norfolk Southern Names Industry Veteran as New COO Amid Proxy Battle"

Norfolk Southern is set to name John Orr, an executive from Canadian Pacific Kansas City, as its new chief operating officer amid a proxy battle with activist investor Ancora Holdings. Orr brings a background in Precision Scheduled Railroading operations, which is highly valued on Wall Street. The move comes as Norfolk Southern seeks to fend off Ancora's efforts to oust CEO Alan Shaw and install former CSX operations chief Jamie Boychuk as COO. Orr replaces Paul Duncan and will be tasked with improving the company's operational, financial, and safety performance.

via TRAINS Magazine|
#activist-investor#business-transportation#chief-operating-officer
business-transportation1 year ago

Uber and Lyft's Departure: Lessons for Minneapolis

Uber and Lyft are threatening to cease operations in the Twin Cities due to an ordinance guaranteeing rideshare drivers increased pay and protections, which the companies argue will make rides unaffordable for most residents. This move mirrors their departure from Austin, Texas in 2016, where they left due to a measure requiring fingerprint background checks for drivers. Governor Tim Walz and Mayor Jacob Frey have condemned the ordinance, suggesting a statewide solution may be necessary. Without an agreement, Lyft plans to end service in Minneapolis, while Uber intends to cease operations in the entire metro area. Experts believe smaller companies may emerge to meet demand if the rideshare giants leave.

via MPR News|
#business-transportation#lyft#minneapolis-city-council
business-transportation1 year ago

"Minneapolis Faces Rideshare Exodus as Uber and Lyft Depart Over Pay Rules"

Uber and Lyft are set to leave Minneapolis after the city council passed an ordinance guaranteeing drivers a minimum rate, which the companies deem "deeply flawed." The ordinance, set to take effect on May 1st, was vetoed by the mayor but later overridden by the council. Both companies argue that the rates were determined without considering a state study on drivers' earnings. The move will leave 10,000 drivers without work, raising concerns about transportation accessibility in the city.

via The Verge|
#business-transportation#lyft#minimum-wage
business-transportation1 year ago

"Minneapolis City Council Overrides Mayor's Veto, Prompting Uber and Lyft Exit"

Uber and Lyft are threatening to cease operations in Minneapolis starting May 1 after the city council voted to override the mayor's veto and implement an ordinance guaranteeing drivers a minimum wage equivalent to the city's rate. Both companies argue that the ordinance sets rates higher than the state's study suggested, making their operations unsustainable. They are advocating for a statewide solution and hope to return to Minneapolis soon. If they follow through, the Twin Cities would be the only metro in the United States without these ride-hailing services.

via FOX 9 Minneapolis-St. Paul|
#business-transportation#lyft#minimum-wage
business-transportation2 years ago

"Evacuation Triumphs and Trials: From Japan Airlines' Fiery Ordeal to a Pub Owner's Flooded Resilience"

A Japan Airlines Airbus A350 was evacuated in 18 minutes following a collision, with no casualties, despite certification requirements for an evacuation in under 90 seconds. This incident raises questions within the airline industry about whether the successful evacuation without injuries is a testament to aircraft design and procedures, or if it was a stroke of luck, highlighting potential challenges in evacuating modern aircraft quickly in emergencies.

via The Wall Street Journal|
##airbusa350#aircraftsafety