News - Money - LCT Magazine

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Money| January 25, 2017

M&V Limousines Acquires Two Long Island Operations

The company plans to grow retail business and re-launch Hampton Luxury Liner shuttle service.

Money| January 18, 2017

Uber's High Leverage Looking More Risky

Eventually the financial backers that have bankrolled Uber’s rise will expect returns for those investments.

Money| November 28, 2016

Uber Drivers Join Protest For $15 Minimum Wage

Independent contractors have complained the TNCs aggressive fare cuts make it harder to scrape by with additional costs factored in.

Money| November 17, 2016

Uber Rival Karhoo Allegedly Owes $30 Million To Partners

Bloomberg calls its fall “extraordinary,” even compared to those of most short-lived startups.

Money| November 9, 2016

What Trump Victory May Mean For Business

Election 2016: Here's what's on the billionaire businessman's presidential agenda.

Money| October 14, 2016

Financing For the Roads Ahead

LCT WebXclusive: Access Commercial Capital wants to maintain its reputation as a trustworthy lender to ground transportation operators.

Money| August 31, 2016

Uber Still Determining If It's A Real Business

There's another word for losses at a startup company: investments.

Money| August 25, 2016

Uber Loses $1.2 Billion In First Half Of 2016

Not many tech companies would lose so much money so fast, says one business expert. Fees to drivers are blamed.

Money| August 8, 2016

Now You Can Project Your P&Ls Per Fleet Vehicle

A live calculator on LCTMag.com helps operators figure out costs and rates to achieve desired profits.

Money| August 1, 2016

Daimler Invests Major Stake In Blacklane Limo Service App

Funding will help the professional car service speed up expansion, improve products, and add more partner-drivers.

Money| February 25, 2016

DriveProfit, Rental Limo Combine Client Reach To Increase ROI

The two companies have partnered to help operator clients get more revenue from online marketing efforts.

Money| February 3, 2016

Transportation Company CFO Joins LCT As Financial Columnist

Ron Sorci, formerly with Aventura in Miami, starts advising LCT readers on all things money-related in the March issue.

Money| November 20, 2015

Leaked Documents Reveal Financial Struggles At Lyft

The No. 2 TNC behind Uber has repeatedly underperformed its own expectations.

Money| October 28, 2015

Good Lesson @ East Show: How To Book Business In 5 Steps

General Session: A renowned customer care expert in the industry will explain how you can land more business.

Money| October 7, 2015

How To Make Money By Saving Money

An expert panel of successful operators will share proven strategies to cut costs to increase your bottom line during LCT-NLA Show East.

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