Ground Transport
Your news hub for all things ground transport, including coverage of passenger trains, rental cars, ride-sharing companies, and local transit.
Ground Transport
Hertz Selects Centerbridge to Lead Its Reorganization From Bankruptcy
Suddenly Hertz, the beleaguered car-rental firm forced into bankruptcy, is being wooed like it's the last case of Budweiser on a deserted island. Investors see opportunity in an emerging new Hertz.
Ground Transport
Travel Investor Certares' Plan to Be Kingmaker in Hertz Reorganization Hits a Snag
Despite the inroads ridesharing companies, such as Uber and Lyft, have made against the car rental giants, Hertz's re-emergence from bankruptcy is now triggering a bidding war. Ridesharing and car rentals often have different use cases, but it's never too late for legacy players to mimic, partner, and otherwise adapt.
Airlines
3 Big Upsides for Travel From President Biden's Infrastructure Plan
The years of infrastructure week memes are finally over with President Biden's $2 trillion proposal to upgrade and green America's infrastructure. But with battle lines already forming, can he get the package over the line in Congress?