The current state of the shipping industry

by danielz14 Hi everyone, I currently work in the shipping industry and would like to give you some insight about what’s going on in Long Beach right now, and how Biden’s imposed “emergency fee” to alleviate congestion is actually making …

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[Motley Fool] Current model for Uber, Lyft just doesn’t work. Expenses have scaled up in near-perfect step with revenue, as have net losses. As it stands now, both EBITDA improvement outlooks are tough to believe.

https://www.fool.com/investing/2021/05/10/quarterly-losses-uber-lyft-confirm-ride-hailing/ The business premise seems sound enough, at least on the surface. The problem: Owning a vehicle is more trouble than it’s worth, but taxi cabs are costly and so yesterday. The solution: Just use a mobile app to summon …

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