Public Transportation News

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Riyadh is rapidly becoming one of the world's most ambitious urban mobility laboratories, where next-generation technologies move from blueprint to real-world deployment on city streets at unprecedented scale. CoMotion GLOBAL 2025, the world's most influential gathering of urban mobility leaders, opens today in Riyadh for a three-day summit bringing together innovators from Africa, Asia, Europe, the Americas, and the Middle East. Running December 7-9, the...

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) announced today that Erin Brewer, Chief Financial Officer, will participate in a fireside chat at the Nasdaq 53rd Investor Conference held in association with Morgan Stanley in London, U.K., on Wednesday, December 10, 2025 at 11:30 a.m. GMT. A live webcast of the event will be available on the investor relations section of the Lyft website at http://investor.Lyft.com. About Lyft Whether it’s an everyday commute or a journey that changes...

STAMFORD, Conn.--(BUSINESS WIRE)--ITT, a leading provider of highly engineered critical components announced it has entered into a definitive agreement to acquire SPX FLOW....

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, which is payable on January 16, 2026 to shareholders of record on December 15, 2025. Additionally, the board of directors approved an additional $150 million share repurchase authorization. The new authorization is in addition to the Company’s previous authorization, which had approximately $192 million remaining as of September 30,...

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE:CHPT) (“ChargePoint”), a global leader in electric vehicle (EV) charging solutions, today reported results for its third quarter of fiscal year 2026 ended October 31, 2025. "ChargePoint’s third quarter results mark a return to growth, with revenue exceeding expectations,” said Rick Wilmer, CEO at ChargePoint. “In November, we further strengthened our financial foundation by consummating a successful debt exchange and our ongoin...

PORTO, Portugal--(BUSINESS WIRE)--UbiRider, the innovator behind the UbiRider Platform, the solution that seamlessly integrates transportation management, fare collection, open payments, passenger information, and data analytics into a single digital system, today announced that it has achieved Payment Card Industry Data Security Standard (PCI DSS) certification. This milestone validates UbiRider’s rigorous approach to payment security for bank cards and mobile wallets — collectively known as o...

TAMPA, Fla.--(BUSINESS WIRE)--Transflo has announced Belinda Rueffer as SVP of Marketing. Rueffer is a SaaS marketing exec with over a decade of experience in freight tech....

BENSENVILLE, Ill.--(BUSINESS WIRE)--LECIP INC., a consolidated subsidiary of LECIP Holding Corporation (TOKYO: 7213), has been awarded contracts for the supply of fare collection systems from Orange County Transportation Authority (OCTA) and Collier County. The combined value of these two contracts is approximately $12.7 million. Each contract includes five years of maintenance and operational support for the respective fare collection systems. Delivery and operation are scheduled to commence i...

PHILADELPHIA--(BUSINESS WIRE)--Burns Engineering, Inc. (“Burns” or the “Company”), a leading engineering solutions provider for transportation, critical infrastructure and the built environment, today announced that it has received a strategic investment from OceanSound Partners (“OceanSound”), a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and highly regulated end markets. Burns’ existing leadership, management and...

BELLEVUE, Wash.--(BUSINESS WIRE)--INRIX 2025 Global Traffic Scorecard: Traffic Congestion Surges Worldwide as U.S. Safety Improves for the First Time in Four Years...