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.
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.
Startup Curri is trying to apply gig economy principles to the building and materials industries. Its founders answered Modern Shipper’s questions.
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.
Two Democratic senators have introduced a bill that would offer gig workers a $250 unemployment benefit as part of an overhaul of unemployment insurance.
Singapore-based Grab has finalized a SPAC merger with Altimeter Growth Corp. that will value it at $39.5 billion upon its public debut.
Curri, a technology company that specializes in last-mile services for the construction industry, has secured a $6 million Series A funding round.
More municipalities have been capping the fees DoorDash can charge restaurants, and the delivery company is fighting back with added charges for consumers that it says are necessary to keep operating.
A Miami-based insurance startup is offering gig workers the opportunity to purchase disability insurance that would protect them in case of income disruptions.
A lawsuit in New York claims that rideshare company Via has refused to pay for and enter arbitration with drivers who believe they are employees and not independent contractors.
Gig workers are eligible for unemployment payments but verifying income levels can be difficult. The Workers Lab and Steady are teaming up to improve the process.
GoFor Industries will work with Aurora Aerial on a drone delivery test program, starting in Canada before expanding into other markets.
Instacart may forgo the traditional path to public status and sell its shares directly to the public, according to a Reuters report.
Just weeks after a U.K. court ruled that Uber drivers are essentially employees, a new push is on in Canada to unionize gig workers.
A new organization in New Jersey backed by app-based companies and community leaders is working to ensure gig workers can maintain their flexible and independent employment status.
