transportation

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Technologies (NASDAQ: ZBRA), known for its barcode and printing technology, is advancing its devices with its USD 90 Million acquisition of Xplore Technologies, a rugged tablet and hardware manufacturer.Zebra said it will be paying USD 6 per s..

Uber to pay drivers for switching to electric cars

Uber to pay drivers for switching to electric cars

Uber, one of the biggest ride hailing apps in the U.S., announced on Tuesday its new pilot program to get drivers to switch over to the more environmentally friendly, electric cars. The pilot program, called EV Champions Initiative, plans to deliver..

GE to Merge Rail Division with Wabtec in $11 Billion Deal

GE to Merge Rail Division with Wabtec in $11 Billion Deal

General Electric Co.’s (NYSE: GE) transportation unit and Wabtec Corporation (NYSE: WAB) announced a merger deal valued at approximately $11.1 billion. The transaction will make Wabtec a Fortune 500 as well as establishing itself as a global l..

Tesla Bull Analyst sees Amazon as new Competitor in Transportation Market

Tesla Bull Analyst sees Amazon as new Competitor in Transportation Market

Morgan Stanley (NYSE: MS) analyst Adam Jones, a longtime Tesla Inc. (NASDAQ: TSLA) bull analyst, has now shifted his position for the electric vehicle manufacturer due to an uncontrollable and unlikely threat: Amazon.com Inc. (NASDAQ: AMZN), ac..

Uber and Lyft to Both Launch Medical Service Transportation

Uber and Lyft to Both Launch Medical Service Transportation

Uber Technologies Inc. announced last week on Thursday its introduction of Uber Health, a way to partner with healthcare organizations to provide reliable transportation for patients. Then, on Monday, Lyft teamed up with Allscripts Healthcare Soluti..

Tesla Announced Expansion of Supercharger Network

Tesla Announced Expansion of Supercharger Network

Tesla Inc (NASDAQ: TSLA) has announced its plans to make it easier to charge your car in urban areas. According to the company’s official blogpost, for customers who use their car for long distance travel, there is a growing network of Superch..

U.S. Factory Orders Report Biggest Drop

U.S. Factory Orders Report Biggest Drop

U.S. orders reported their biggest drop in almost 3 years in July, at 3.3% due to a low demand for transportation equipment. Civilian aircraft orders also dropped 70.8% that month after a 129.3% gain a month before that. However, manufacturing is st..