The Disruption of Transportation

RogerRossmeisl

“The Great Transformation” is a deep dive into the key technologies that are converging in the 2020s and how they will disrupt the five foundational sectors of the economy: Information, Food, Energy, Transportation and Materials.

Free school transport?

Martin Quinn

At that time, school transport was free, and Ireland’s economy was not in great shape. I finished school, but could see school transport got better. Until recently ticket price for school transport was about €350 per term.

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Transport Your Employees to Better Tax Savings With Commuter Benefits

Patriot Software

Commuter benefits aren’t just popular in big cities with prevalent public transportation systems. Most employees expect certain workplace benefits, such as health insurance or retirement plans.

Visa Expands Contactless Public Transportation Payments Due To Pandemic

PYMNTS

Visa , in response to the rising demand for safer ways to travel, has expanded its partnership with Cubic Transportation Systems to offer contactless payments for public transportation services in over 500 cities, according to a press release.

Manheim, DHL Collaborate On Transportation Management

PYMNTS

Manheim Logistics has formed an exclusive collaboration with DHL Supply Chain in order to develop what a press release calls a "more holistic" transportation management system. B2B Payments B2B DHL Supply Chain logistics Manheim Logistics News partnerships transportation What's Hot In B2B

Partnership Innovates Transportation SCRM

PYMNTS

Its Software-as-a-Service (SaaS) systems help clients comprehend risk throughout their transportation networks. .

Uber And Lyft Win Government Transportation Contract

PYMNTS

government is enlisting Uber and Lyft to help provide transportation services for public agencies and employees, Reuters reports. government was known to spend around $200 million on transportation every year. The U.S.

HERE Releases New Social Transport App, SoMo

PYMNTS

HERE Technologies , a mapping and location data company, has released a new mobile transportation app called SoMo that hinges on a social aspect, according to a report from VentureBeat. The app combines all transportation – public, private and personal – and lets users see all options at once. Users can also choose a “bus” tab to peruse public transportation options. Ridesharing logistics mobility News ride-hailing transportation What's Hot

Visa: Contactless Is The Cornerstone For A Reinvented Public Transportation Experience

PYMNTS

Mary Kay Bowman , Visa ’s head of seller solutions, told Karen Webster in a recent conversation that some operators had contactless payments already partially available in segments of the public transportation system, while others had it earmarked for a project several years in the future.

McLeod/KSM Transportation Accounting & Finance Virtual Conference

Katz,Sapper&Miller

Like many other industries, transportation has been significantly affected by the COVID-19 pandemic. From finding better ways to manage cash flow to adopting new technologies, the crisis has forced transportation companies to undergo a myriad of changes this year in order to survive.

IS YOUR Transport & Logistics COMPANY MISSING OUT ON R&D TAX RELIEF?

Menzies

The definition of R&D is much broader than many businesses imagine and despite less than 1% of all R&D claims being made by businesses in the Transport and Logistics sector, we have made a number of claims for our clients in this sector and believe many businesses are still missing out.

IRS Releases 2023 Cost-of-Living Adjustments for Health FSAs, Transportation Benefits, Adoption Assistance, and More

ThomsonReuters

Qualified Transportation Fringe Benefits. The post IRS Releases 2023 Cost-of-Living Adjustments for Health FSAs, Transportation Benefits, Adoption Assistance, and More appeared first on Tax & Accounting Blog Posts by Thomson Reuters. 2022-38 (Oct.

Transport Trade Group Brings Airlines And Vaccine IDs Into The Digital Age

PYMNTS

Coronavirus digital ID Featured News International Air Transport Association News T&E travel vaccine passportAt some point, though it may seem to be far away, air travel is going to resume. It may take a while. But businesspeople will want face to face meetings instead of Zoom.

6 Tips for Strategically Managing Transportation Brokers

Katz,Sapper&Miller

This consultation includes reviewing clients’ strengths and weaknesses when it comes to managing transportation services. While every carrier we visit uses transportation brokers, most do not have a strategy for those relationships.

Uber Health And Ride Health Team Up On Medical Transportation 

PYMNTS

Healthcare transportation companies Ride Health and Uber Health have teamed up on non-emergency medical transportation to expand options for people seeking an easier way to get to their medical appointments, Ride Health announced on Tuesday (Jan.

Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up

PYMNTS

Ridesharing Bolt News transportation What's HotMiami-based micromobility startup Bolt , co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings, which included the mobility-as-a-service (MaaS) platform Gotcha.

Have Wheels, Will Heal — Medical’s Transportation Ecosystem?

PYMNTS

The reality is, many Americans fail to pick up their prescriptions or make it to their doctors’ appointments not because they don’t want to go but because they can’t — they lack adequate access to transportation. According to data from the Transportation Research Board, about 3.6

Vector Teams With McLeod Software To Speed Up Transportation Billing

PYMNTS

To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with transportation management software firm McLeod Software , according to an announcement.

London Transport System To Track Subway Riders

PYMNTS

Transport for London (TfL) said on Monday (July 8) that it will start tracking riders through London’s Underground with Wi-Fi from their phones, according to a report by the Financial Times. Data data collection GDPR News transit Transport for London What's HotThe TfL ran a pilot of the tracking system in 2016, and will use the data to better understand how people flow in and out of the system.

Rubber Meets Road In Transportation’s (Digital) ‘New Normal’

PYMNTS

The rebound comes as other modes of transport explicitly tied to cars are suffering, due to the intense face-to-face interactions of ride-hailing and rentals. Retail auto sales car sales Contactless economy Lyft News transportation travel Uber

Powering Innovation With Wedding, Transportation Technology

PYMNTS

And in transportation, Lyft is innovating on its technology stack as the firm rolls out features like the Lyft matching platform. Connected brides have a series of new platforms, interactive tools and partnerships to help them plan their weddings.

Transportation Webinar: Managing Operations During Uncertain Times

Katz,Sapper&Miller

The evolving COVID-19 pandemic continues to create more questions than answers for companies in all industries.

Uber App Now Offers Public Transport Tickets For CO Riders

PYMNTS

The ridesharing leader has its sights set on becoming the smartphone app everyone looks to for a lift—no matter the mode of transportation. With this step, we are moving closer to making Uber’s platform a one-stop shop for transportation access, from shared rides to buses and bikes.”. Denver residents can now use Uber’s app to buy tickets from the city’s buses and trains operator, Regional Transportation District (RTD).

Are There Any Substantiation Requirements for Transit Passes Distributed by a Qualified Transportation Plan?

ThomsonReuters

QUESTION: Our company’s qualified transportation plan allows employees to purchase transit passes with pre-tax compensation. ANSWER: The Code provision authorizing qualified transportation plans indicates that the tax benefits under a qualified transportation plan are for “employees.”

Transportation Webinar: Financial Navigation in Uncertain Times

Katz,Sapper&Miller

The global COVID-19 pandemic has created uncertainty for companies in all industries. With fluid changes to regulations and the creation of new critical business objectives to deliver medical supplies and consumer necessities, the business of trucking has taken an unexpected turn.

From Why To How Fast: Getting Contactless Payments Up To Speed In Public Transportation

PYMNTS

The COVID-19 pandemic has hit public transportation usage all over the world, with New York and London seeing ridership fall by 90 percent or more. Souza said that last point is incredibly critical, given the scale at which many public transportation systems operate under normal conditions.

Interpol Warns Food Delivery Drivers May Be Transporting Drugs

PYMNTS

A worldwide police force has issued an alert warning that criminal organizations are using food delivery services to transport drugs as countries remain locked down during the COVID-19 pandemic.

Client Success Story: Hartt Transportation

Katz,Sapper&Miller

The significant growth Hartt Transportation Systems, Inc. Hartt Transportation), a 65-year old dry van carrier operating in the U.S. and Canada, was experiencing led them to search for a new accounting, tax, and consulting firm with a deep knowledge of the transportation industry

Transportation Webinar: COVID-19 Federal Assistance for Small & Mid-Size Carriers

Katz,Sapper&Miller

EDT, Randy Hooper, partner with Katz, Sapper & Miller’s Transportation Services Group, will moderate a panel of SBA lenders to answer questions about eligibility requirements and the loan process

IRS Releases 2022 Cost-of-Living Adjustments for Health FSAs, Transportation Benefits, Adoption Assistance, and More

ThomsonReuters

Qualified Transportation Fringe Benefits. The post IRS Releases 2022 Cost-of-Living Adjustments for Health FSAs, Transportation Benefits, Adoption Assistance, and More appeared first on Tax & Accounting Blog Posts by Thomson Reuters. 2021-45 (Nov.

Commuters In India Will Soon Need Only One Transport Payment Card

PYMNTS

The AFC system — expected to be introduced in April — gives public transportation users the convenience of using just one card to pay for the bus, metro and other transport modes. “We The cards work online and offline and are not limited to public transportation purposes.

Senior Transport Service Onward Raises $1.5M

PYMNTS

and caregivers who aren’t able to transport their loved ones. Within a year, Onward expects to have hundreds of drivers on board, as well as an increase in the number of vehicles that can transport riders in powered wheelchairs. Onward revealed that it has raised $1.5 million in seed funding that will enable it to help seniors get to their destinations safely. The round was led by Royal Street Ventures, Matchstick Ventures and JPK Capital.

Germany’s FlixMobility Reports 37 Pct Boost In Transport App Users

PYMNTS

FlixMobility , a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. Daimler has also collaborated with BMW to offer FREE NOW, a partnership that showcases a range of transportation services from taxis, car sharing, and ride hailing.

Transport for London Licenses Contactless Payment Technology

PYMNTS

When it comes to accepting payments for transportation, London has got something over a lot of other cities around the world: ease of use. That ease of use in paying for transportation has piqued the interest of other cities around the world that could soon begin using London’s technology under a new deal. The funds from the new deal will be used to invest in new transportation infrastructure and to freeze fares, said Khan.

Tennessee Issues Nexus Guidance for Transportation Companies

Katz,Sapper&Miller

Tennessee issued the Revenue Ruling #17-08, which details nexus for transportation companies. Below is a summary of this ruling and key points to be aware of as transportation activity nexus is contemplated for the 2017 tax year

IRS Addresses Options for Qualified Transportation Benefits Unused Due to COVID-19

ThomsonReuters

The IRS has released an information letter responding to an inquiry from a qualified transportation plan participant with unused transit benefits. Unlike the rules governing health FSAs, the qualified transportation plan rules place few restrictions on compensation reduction election changes.

EFS Signs On Premier Transportation New Business

PYMNTS

Fleet payment solutions WEX Company EFS announced this week its recent new business win of irregular route common and contract carrier company Premier Transportation. ” News EFS new business payments Premier Transportation Wex CompanyIn an effort to enhance its business needs, Premier is moving its entire payments business to EFS.

BMW, Ford, GM Join New Blockchain Consortium Focused On Transportation

PYMNTS

MOBI , the Mobility Open Blockchain Initiative, debuted on Wednesday (May 2) to explore blockchain for use in transportation. In a press release , the group, which includes BMW, Bosch, Ford, General Motors, Groupe Renault, ZF, Aioi Nissay Dowa Insurance Services USA and others, will focus on using blockchain to make transportation safer, more affordable and more accessible. Blockchain BMW car industry dlt Ford GM MOBI News Renault research Technology transportation What's Hot

Why The Transportation Sharing Economy Isn’t Just For Cars

PYMNTS

But car shares don’t solve all transportation challenges: Cars are limited to busy roads, after all. Citing comments Lyft Chief Executive Logan Green made at a press event earlier this year, The Verge reported Lyft could take a page from Netflix and Spotify by bringing a subscription-based model to the transportation market. Bell believes scooters are what’s next for companies in the transportation market. This is the future of the transportation sharing economy,” he said.

Transportation Webinar: Carriers: Navigating Financial and Operational Challenges During Uncertainty

Katz,Sapper&Miller

The evolving COVID-19 pandemic has caused the trucking industry to tackle rapidly changing operational and financial practices.

Blockchain Alliances Form Partnership In Shipping, Transport

PYMNTS

Two blockchain alliances have formed an alliance of their own to promote the use of blockchain in the global logistics and transport industry. 6) stated that the Wall Street Blockchain Alliance (WSBA) and the Blockchain in Transport Alliance (BiTA) are collaborating to develop solutions in supply chain financing and risk management. The groups aim to explore the use of blockchain and smart contracts in supply chain finance and transport, they said. “In

How Payments And Commerce Will Drive Transportation Changes In 2019

PYMNTS

Not only that, but those players, along with other operators, are trying to make scooter-sharing more mainstream even as some politicians and lawmakers push back on that mode of transportation. The coming year will bring not only advances in the connected vehicle ecosystem — changes that will directly involve payments and commerce — but further developments in how consumers share and buy cars.

On-Demand Transportation Webinar: Accounting and Tax Updates in the COVID-19 Environment

Katz,Sapper&Miller

As with all industries, the COVID-19 pandemic has affected the transportation industry in a number of ways.