Gig Workers

Chinese ride-hailing giant Didi has filed paperwork with the SEC for an IPO on a major U.S. stock exchange.

Rideshare drivers sometimes need a cash advance to cover short-term expenses, but traditional banks offer few options. COVERR hopes to bridge that gap.

Conflicting surveys continue to cloud the picture on the best approach to employment status for gig workers, leaving legislators, companies and drivers in a state of uncertainty.

A tale of 2 job reports: Seasonal numbers are closely watched by economists, but the other measurement suggests some success at hiring.

In an investment note this week, Mizuho Securities USA indicated it believes the Biden administration is more likely to issue guidance on gig worker classification rather than a formal rule.

Uber is reportedly close to a deal with GMB, a U.K.-based labor union, to provide representation for rideshare drivers as it works to comply with a recent U.K. Supreme Court decision saying drivers were entitled to minimum wage.

The California Air Resources Board has voted to require rideshare companies like Uber and Lyft to conduct 90% of all rides in electric vehicles by 2030.

Like the rest of the economy, gig economy companies are struggling to find drivers, and that could have a negative impact on the growth opportunity for the industry moving forward.

Oklahoma has passed a law that would remove delivery services such as Amazon Flex drivers from compliance with state trucking regulations.

The lower court ruling favored Uber in the summary judgment but drivers won on appeal.

Investors sent DoorDash stock soaring on Friday after the company reported stronger-than-expected earnings in Q1 and raised its guidance for full-year 2021.

Startup Curri is trying to apply gig economy principles to the building and materials industries. Its founders answered Modern Shipper’s questions.

Analysts are looking at various explanations for why the number of drivers today is lower than it was two years ago.

By either the standard of seasonal or not seasonal jobs, gains in employment are slow given the demand for drivers.

The appeals process can be short or long, and the date when AB5 could be enforced remains in flux.

While some organizations blasted the Biden administration’s decision to withdraw a rule on employee classification, executives from Lyft and Uber have struck measured tones.

The earnings call revealed that Uber, like so many others, is working to fill out its driver ranks.

The rule was introduced in the waning days of the Trump administration but was never expected to be enacted.

In 2017, Lyft launched its Level 5 division, which would focus on developing an autonomous vehicle. Last month, the company pivoted away from that, selling the division, although it still harbors visions of Lyft riders in autonomous vehicles.

Lyft reported a narrower loss in its Q1 earnings as riders began returning to the platform.