Hertz, Polestar Partner to Accelerate EV AdoptionBy Donna M. AiroldiHertz plans to purchase up to 65,000 electric vehicles over five years from Sweden-based EV manufacturer Polestar, the companies announced Monday. ... KEEP READING
States Sue U.S. Over Continued Mask MandateBy Elizabeth WestTwenty-one states led by Florida this week filed a lawsuit in a U.S. district court against several U.S. agencies to throw out the federal... KEEP READING
TSA Extends Mask Mandate for Public TransportationBy Donna M. AiroldiThe U.S. Transportation Security Administration has extended the mask mandate for public transportation and transportation hubs for one month, through... KEEP READING
Sixt Reports its Highest Full-Year EarningsBy Donna M. AiroldiGround transportation provider Sixt cited strong growth in both the United States and Europe as the driver for the company's full-year 2021 earnings of... KEEP READING
Hertz: When Bankrupt, Exited or Renegotiated 'Almost All' Corp. ContractsBy Donna M. AiroldiHertz' bankruptcy restructuring allowed the rental car company to exit or renegotiate "a number of unprofitable [corporate] contracts," which later... KEEP READING
Avis Budget Sets Q4 Revenue High But Notes Corp. Travel 'Dearth'By Donna M. AiroldiDespite a negative turn in demand because of the Covid-19 omicron variant from late November into January, Avis Budget Group posted its best fourth... KEEP READING
Hertz Invests in Electric Vehicle PlatformBy Rob GillCar rental firm Hertz is investing in European digital electric vehicle platform Ufodrive as it looks to build up its sustainable options for customers.... KEEP READING
Hertz Names Former Goldman Sachs Exec Scherr CEOBy Donna M. AiroldiCar rental company Hertz has named former Goldman Sachs CFO Stephen Scherr its new CEO, effective Feb. 28, the company announced Friday. ... KEEP READING
USTA: U.S. in Pandemic Lost $730B in Travel SpendingBy Donna M. AiroldiDomestic U.S leisure travel has surged over the past year, driving the travel industry recovery, but without the return of business and international... KEEP READING
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