January 19, 2021


Ride-hailing companies Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) have bagged a federal contract, worth up to $810 million, from the U.S. General Services Administration.

What Happened: According to a Reuters report, both Uber and Lyft will collectively cater to over 4 million federal agency employees directly across the country as part of the contract.

Lyft Vice President of Social Enterprise and Government Veronica Juarez confirmed to Reuters that the government agency awarded the five-year contract on Monday.

Although Juarez did not clarify the forecasted-bump in Lyft’s revenues from the contract, the executive claimed that the government bears around $200 million annually for ground transportation. Lyft expects to see further opportunities in public health and equity projects that require transportation.

“The expansion of our customer base to include government is a natural next step for us, and we’re proud to help federal agencies tackle some of the biggest administrative challenges they face,” Uber for Business’ Global head Ronnie Gurion told Reuters.

Why Does It Matter: The federal body, in April, disclosed that Uber and Lyft were front runners for the contract to provide transportation for agency employees and contractors.

The notification clarified that some of the services would include an on-demand passenger booking system that accepts multiple modes of payment as well as a consolidated billing dedicated for agency customers.

Price Action: On Monday, UBER gained 3.32% to close at $50.04, whereas LYFT closed 3.28% higher at $39.35.

See Also: Uber, Lyft Are Exempt From Classifying Drivers As Employees After Proposition 22 Ballot Victory

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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RAMLA, Israel and SANTA BARBARA, CA, Nov. 17, 2020 /PRNewswire/ — GuardKnox, the automotive industry’s first Cybertech Tier supplier of high-performance computing solutions, announced today its partnership with NXP Semiconductors, the number one provider of secure vehicle network processors, and Green Hills Software, the worldwide leader in high-assurance real-time operating systems. The companies will collaborate to develop a secure automotive platform targeting next-generation zonal E/E architecture, enabling commercial deployment for software-defined and service-oriented vehicles.

GuardKnox’s consolidated, scalable, and high-performance solutions, based on NXP’s S32G vehicle network processors and the Green Hills INTEGRITY RTOS and development tools, offer an innovative automotive platform for global OEMs and Tier-1 suppliers.

The innovative platform will empower global OEMs and Tier-1 suppliers with a flexible, efficient solution designed to overcome current technological challenges such as integrating the hardware and software required for delivering advanced features and functionalities for the next generation of vehicles. The unified platform targets new zonal vehicle architectures that consolidate services that have traditionally been performed by multiple, dedicated functional domain platforms. This will simplify wiring harnesses which lowers vehicle weight and cost and enable scalability and enhancements in the future through software over-the-air updates.

“NXP’s collaboration with GuardKnox and Green Hills addresses key challenges of the automotive industry’s dramatic shift from horsepower to compute power to drive future software-centric vehicles,” said Brian Carlson, Global Marketing Director for Vehicle Control and Networking Solutions at NXP. “This flexible automotive platform unleashes the innovation of the S32G vehicle network processor to meet the demanding processing and networking needs of domain and zonal vehicle architectures coupled with secure, service-oriented software that’s ready to accelerate automotive OEM and Tier 1 innovations.”

Based on NXP’s S32G vehicle network processor and the Green Hills INTEGRITY® safe and secure separation kernel and secure hypervisor (Multivisor®), GuardKnox will expand and optimize its offerings for high-performance automotive ECU connectivity. This new, cost-effective platform will retain GuardKnox’s signature mixed-criticality features of Service-Oriented Architecture (SOA) – ensuring a consolidated, scalable, dynamic, and secure-by-design product for the automotive industry.  

“There is a significant gap in the automotive supply chain that is too time intensive and cost-prohibitive for OEMs and Tier-1 suppliers to fill alone,” said Idan Nadav, co-founder and CSO of GuardKnox. “As the first Cybertech Tier supplier, GuardKnox provides the expertise, experience, and technology needed to close that gap and usher in the next generation of software-defined and service-oriented vehicles. By combining NXP’s cutting-edge processor solutions and proven software and development tools from Green Hills, we are confident that our joint dynamic platform will empower OEMs with the freedom to evolve and usher in the next era of innovative automotive solutions.” 

The cutting-edge platform is suited for a wide range of new vehicle services such as in-vehicle app stores, vehicle personalization, immersive infotainment systems, Advanced Driver Assistance Systems (ADAS), and more. It is designed to adapt to customer needs while remaining agnostic to network topology. The flagship platform is a general-purpose compute element with automotive network interfaces, serving as a baseline vehicle server. It can also serve as a high-performance domain controller for present-day architectures, designed to host applications, provide extra services, additional functionality, and consolidation of


On a regular basis thousands of people journey to their work via trains, buses, and taxis. A hub or interchange devoted to transport is a location the place cargo or passengers are exchanged between the same or totally different modes of transportation. One of many first methods of transportation that you will notice quickly is the bus service. You may additionally use a typical service, akin to a plane or prepare, to transport the casket and physique.

Though luxury automobiles are used, these luxury companies are still inexpensive. The ability to go to a web-based site, have aggressive charges in place from a myriad of carriers, and be capable of observe and trace those shipments, have taken the place of the 800 lb. shipping gorilla.

Educate your self about easy methods to transport cremated remains Cremation is commonly the least costly way to transport across state lines or internationally-and there are often fewer necessities surrounding delivery cremated remains than there are for delivery a body.

Some people are involved that combustion engines are contributing to air pollution in the air. A tour bus carries vacationers or individuals on vacation. On the other hand, closed transports entail transport your car contained inside a carrier, shielded from any harm.

As of 2008, three Elevated Rail Transport Techniques (ERTS) have been constructed, but these systems should not truly integrated, and don’t serve the first business district of Makati, nor its satellite business and residential district of Fort Bonifacio.…