Transportation/page/2 news and trends

BizzyCar Streamlines Automotive Service With Automated Recall Management
Transportation // October 21, 2024

Founded in 2018, BizzyCar is a player in the auto tech sector, transforming how automotive dealerships manage service operations with its automated platform focused on recalls.  In 2024 alone, more than 21 million vehicles in the U.S. have been recalled due to 635 safety-related issues....

Google’s Drug Discovery LLM Signals Shift Toward Industry-Specific Approach
artificial intelligence // October 16, 2024

Google DeepMind has developed an AI model to predict key properties of potential drugs, aiming to accelerate pharmaceutical research. The new Tx-LLM (Therapeutic Large Language Model) model exemplifies a shift toward specialized artificial intelligence tools for specific industries. This targeted approach could prove more valuable...

Tesla’s ‘Cybercab’ Event Shows Autonomy Still More Hollywood Than High-Impact
Transportation // October 11, 2024

What has four wheels, two seats, no steering wheel and arrived a few years late? Tesla’s long-awaited robotaxi, which CEO Elon Musk had predicted in 2019 would be launched by 2020. But it wasn’t until this Thursday evening (Oct. 10), in the year 2024, that Musk...

WEX Engages Indie Truckers With Fuel Discount App
Mobile Applications // October 04, 2024

WEX is rolling out a new app to give independent truckers access to benefits normally only available to larger companies. The free mobile app, 10-4 by WEX, offers owner-operators and small trucking companies access to fuel discounts, according to a Friday (Oct. 4) news release....

Interviews & Exclusives
The Clearing House Says Instant Payments Build Better Business Balance Sheets

June 20, 2024
Cash flow is the lifeblood of any business. That’s why many of the most exciting innovations within payments are aimed at helping businesses build better balance sheets and support healthy growth. And with the advent of instant payments, the first new domestic payments rail in half a century, there is a new — and better […]

Small Business Fleets Like Sending Instant Payments

June 14, 2024
Small- to medium-sized businesses (SMBs) in the transportation sector use instant payments more widely than other payment options. PYMNTS Intelligence finds that in the last year, 74% of these businesses...

93% of Truck Drivers Want Instant Payments

May 15, 2024
Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects across the entire U.S. economy....

Open-Loop Payments Help Advance Smart City Innovation

May 14, 2024
The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an...

Quick Reads
WEX Engages Indie Truckers With Fuel Discount App

October 04, 2024
WEX is rolling out a new app to give independent truckers access to benefits normally only available to larger companies. The free mobile app, 10-4 by WEX, offers owner-operators and small trucking companies access to fuel discounts, according to a Friday (Oct. 4) news release. The move widens WEX’s total addressable market by expanding its […]

TreviPay Debuts Expansion to Its Dealer Management System

September 25, 2024
TreviPay has introduced enhancements for dealer management systems for commercial equipment dealers servicing fleets. “In addition to providing a smooth onboarding and integration process, TreviPay’s advanced API technology captures transaction...

AtoB Raises $130 Million to Fuel Transportation Payments Services

September 19, 2024
Transportation industry payments solution provider AtoB has raised $130 million in equity and debt funding. The Series C round was led by General Catalyst and Bloomberg Beta with participation from Mastercard and trucking and logistics industry players, the...

Lyft Lets Commuters Cap Prices With New Subscription

September 04, 2024
Lyft has debuted a new feature designed to help commuters stay within budget. “To make your day more predictable, we’re launching price lock, a new subscription that caps the price...