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Keywords: Transportation
Private equity firm TPG has announced a $100 million investment in Zum, a U.S.-based company focused on modernizing student transportation. The deal places Zum’s valuation at approximately $1.7 billion, reflecting strong growth and increasing investor confidence in the sector. The investment is......
Companies in the United Kingdom's services sector experienced a sharp increase in operating costs in March, the largest month-to-month jump since 2021, according to a recent survey. Rising energy and transportation expenses were the primary drivers of the surge, highlighting inflationary pressures......
Tuk-tuk drivers in Mogadishu, Somalia, are struggling to keep their vehicles on the road as fuel prices skyrocket due to disruptions linked to the ongoing Iran conflict. Rising costs have forced many drivers to park their three-wheelers, while passengers have reduced trips or walked instead. The conflict......
The foundation works of a key railway bridge on Morocco’s Kenitra–Marrakech high-speed rail line have been successfully completed, marking an important milestone in the development of the project. The bridge, which extends over more than 440 meters, is based on a mixed steel-and-concrete......
A commuter train collided with a crane on Thursday around midday near the city of Cartagena, in southeastern Spain, leaving several people with minor injuries, according to the national rail operator Renfe. The incident occurred in the area of Alumbres and involved a narrow-gauge suburban train operating......
The total number of airports in a country is not just a statistic—it often mirrors the geographical size, population distribution, and the way cities and remote regions are connected. Countries with large territories tend to rely on air transport as a necessity rather than a luxury. In the Arab......
Yango Ride, a division of the international tech giant Yango Group, has announced the launch of the Yango Championship Cup, a competition recognizing the dedication and high performance of its partner drivers in Casablanca. Tied to one of Africa’s premier football events, this initiative honors......
A passenger train derailment in southern Mexico has resulted in at least 13 deaths and nearly one hundred injuries, according to official statements released on Sunday. The accident occurred in the state of Oaxaca, where the train was carrying around 250 people. Authorities confirmed that the lead locomotive......
Two helicopters collided in midair over southern New Jersey on Sunday, killing one pilot and leaving the other in critical condition, according to local and federal authorities. The aircraft went down near Hammonton Municipal Airport late on Sunday morning after what regulators described as a midair......