Thursday, April 21, 2016

Uber Overtakes Rental Cars Among Business Travelers - Bloomberg

A tumultuous transportation transition

"Taxis aren’t the only ones that may be stressing out about Uber Technologies Inc. Transactions from the ride-hailing startup have surpassed rental cars among American professionals, according to Certify, the second-largest provider of travel and expense management software in North America.
Uber accounted for 43 percent of ground transportation transactions expensed through Certify last quarter, while rental cars had 40 percent. Ride-hailing services, with Uber at the forefront, overtook rental cars for the first time in the fourth quarter of 2015 and have since widened their lead, according to a study by Certify published on Thursday."
Uber Overtakes Rental Cars Among Business Travelers - Bloomberg
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