Uber competing with taxis is old news, but many now worry that ride-hailing services like Uber and Lyft compete with public transit for riders. Not only can ride-hailing service be incredibly convenient, nowadays it can be dirt cheap, increasing the appeal of simply opening the mobile app. This trend may come as no surprise to cities with limited and inefficient transit that are losing their poor, transit-dependent riders in droves to gentrification.
The embrace of rapidly growing companies like Uber is the harbinger of a deeper and more disturbing trend—the reality that Americans are increasingly unprotected as individuals against the growing power of corporate giants.
Lyft drivers would have recouped an average of $835 each under a standard rate for mileage reimbursement set by the U.S. government.
New York (AFP) — Ride-share operator Lyft has struck a deal allowing its launch in New York City two weeks after a snag over safety and licensing forced a postponement. Lyft said it was launching a service in all five boroughs of the city starting at 7:00 p.m. Friday. “We’ve finalized an agreement to offer […]