Minimum pay for Uber, Lyft drivers in Minneapolis pushed back to July
A new law in Minneapolis that was to go into effect May 1 on Uber, Lyft compensation has been delayed.
A new law in Minneapolis that was to go into effect May 1 on Uber, Lyft compensation has been delayed.
Uber and Lyft have declared their intention to pull out of Minneapolis after a minimum pay ordinance for app-based drivers survived a mayoral veto.
What’s next for the three-headed beast of AB5 litigation in California? It might be whether the state’s Supreme Court takes up the so-called Olson case.
The mayor of Minneapolis vetoed a proposal that would have set a $1.40-per-mile minimum pay for Uber and Lyft drivers. (Photo: Jim Allen/FreightWaves)
The Minneapolis City Council approved an ordinance this week sharply increasing compensation for Uber and Lyft drivers, but the mayor’s signature is needed for it to become law.
California’s Supreme Court will review a lower court and appellate court decision to settle the question of Prop 22’s constitutionality.
A three-judge panel has reversed a lower court ruling that California’s Proposition 22 was unconstitutional.
An appellate court that will determine whether the Prop 22 gig worker vote in California is constitutional recently heard arguments.
Electric vehicle users on the Lyft platform will be eligible for up to 45% savings when charging within EVgo’s network.
La propuesta vuelve a la orientación de la era de Obama para determinar la condición de empleado
A new proposed independent contractor rule from the Department of Labor could increase costs for trucking as well as for Uber and Lyft.
Statement: ‘Protecting these workers from unfair, deceptive, and anticompetitive practices is a priority’
Lyft has created a media business unit that will target advertising revenue in vehicles, some of which could be shared with drivers.
Ride-hailing giant Lyft reported earnings for the second quarter after the bell Thursday.
An effort by Uber and Lyft to have voters define the companies’ drivers as independent contractors has been blocked by the Massachusetts Supreme Judicial Court.
Some Massachusetts politicians are demanding answers from rideshare and delivery companies on efforts to extend health and safety protections to workers.
A Massachusetts ballot initiative to classify Uber and other gig work drivers as independent contractors encounters skepticism before a panel of judges.
Lyft, one of the major players in the increasingly profitable ride-hailing industry, reported strong revenue growth Tuesday in its Q1 2022 earnings.
A more holistic approach to last-mile delivery integrates and standardizes fulfillment operations under one platform, creating a seamless process for both the retailer and customer.
As fuel prices rise, the ability of last-mile delivery firms to either absorb those costs or pass them along to customers could be key to their survival.
The ride-hailing giant has struggled to turn a profit over the years, but that finally changed in 2021.
A new coalition, Justice for App Workers, is aiming to unionize about 100,000 ride-share and delivery drivers in New York City.
As COVID ravaged the economy, the gig economy boomed. Responding to the need, gig workers stepped up to ensure groceries were delivered and e-commerce orders arrived on time.
A legislative movement to give EU gig workers more protection could foreshadow a similar reckoning in the U.S.
Q3 2021 marked the first adjusted EBITDA-profitable quarter in Uber’s publicly traded history and the second in a row for Lyft.
After becoming adjusted EBITDA-profitable for the first time ever in Q2 2021, Lyft keeps it rolling with another solid quarter.
The California startup will use its new funding to continue extending benefits to gig workers across multiple apps and platforms.
A new initiative from Moves Financial is rewarding gig workers with stock in the very companies for which they work.
A strike of Instacart shoppers led by the Gig Workers Collective will take place this weekend.
Representatives from both sides of the aisle and company executives convened in a webinar hosted by the Consumer Technology Association.
The proposed $1 trillion infrastructure package includes a provision that would study the potential for a “driving tax” of 8 cents per mile.
In some big news for the rideshare giant, Uber on Tuesday revised its Q3 2021 outlook and now expects earnings before interest, taxes, depreciation and amortization to be positive as […]
Self-driving technology company Aurora said it will deploy a Toyota Sienna autonomous vehicle in rideshare service in the next six months.
As companies struggle to ensure independent contractors are properly classified, many are missing out on the value technology can provide in the process.
The company this week announced a $7.5 million funding round to build out its in-house tech and further expand its coverage.
A push to legislate the definition of app-based drivers also is ongoing, as well as a lawsuit by the state’s attorney general.
“We are very interested in areas where mobility collides with other themes. … Companies becoming more open to innovation will make these collisions much more frequent.”
Modern Shipper polled the Uber/Lyft Drivers Facebook group to see which apps rideshare drivers are really using
Modern Shipper polled Uber and Lyft drivers to find out their favorite electronic assistants.
President Biden wants half of all vehicles to be electric by 2030, and ride-hailing companies will need to adapt to survive.
Following a strong quarter for Uber’s delivery segment, analysts say buy.
Lyft says it will be adjusted-EBITDA profitable for all of FY 2021.
Gig economy employers are feeling the pressure to provide benefits and protections to drivers.
The one-stop income verification provider is meeting the needs of a swelling independent workforce.
Lyft riders in Miami will be able to choose a self-driving car later this year through an agreement with Ford and autonomous-tech company Argo AI.
Chinese ride-hailing company Didi has filed for an IPO on the New York Stock Exchange, but some analysts are already questioning the long-term value of the stock.
Security firm ADT has introduced free apps that allow rideshare and delivery drivers as well as passengers to connect discreetly with emergency services when they feel at risk.
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.
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.
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.
Woven Planet, a subsidiary of Toyota Motor Corp., has agreed to acquire the self-driving vehicle business Level 5 from Lyft.
Two Democratic senators have introduced a bill that would offer gig workers a $250 unemployment benefit as part of an overhaul of unemployment insurance.
California has proposed a sustainability regulation for transportation network companies, including Uber and Lyft, that would require 90% of all rides to take place in electric vehicles by 2030.
“We want to give a voice to third-party sellers,” said Bringg’s VP of Alliances.
The pandemic slashed ride volumes for medical transportation providers that brought patients to appointments. Now, some want to bring drugs and supplies to patients.
Uber’s decision to upgrade the status of its U.K. drivers puts added pressure on the company in the U.S. to do the same, even though experts say it has no legal impact on this side of the Atlantic.
Global payments technology provider Stripe has raised $600 million in a new funding round at a $95 billion valuation, making it the most expensive startup in the U.S.
A change in IRS tax code included in the $1.9 trillion COVID relief bill will require sellers and other businesses paying out more than $600 to gig workers to file tax forms with the IRS.
Volatile rates per hour and supply demands impacted gig economy drivers in 2020, but a brighter outlook is ahead.
As ghost kitchens have popped up across the country, few have appeared on college campuses. Chartwells, which provides dining hall services, is rolling out the concept at client schools.
Motional, the Hyundai-backed autonomous vehicle developer, announced that it is now testing vehicles with no driver in the seat.
In today’s edition of The Daily Dash, diesel prices may start rising as the refineries had to shut down because of the winter weather down South. Plus, the activist investors pushing for change at Forward Air are not thrilled with the latest news from the company.
As rideshare has plummeted because of the COVID-19 pandemic, Lyft has had to chart a new path forward in the next decade. That path features a reliance on autonomous vehicles and e-commerce deliveries.
Lyft said it is investing in the business so it is positioned to benefit in an expected rideshare rebound, perhaps as early as Q2.
Lyft reported a 45% decline in active riders and 44% decline in revenue in Q4 as the pandemic continued to affect ridesharing.
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.
Social Auto Transport aims to connect the gig economy with car dealers to help improve the customer service experience.
DOT Chief Elaine Chao announced a plan for autonomous vehicles on her last day at the department.
Big win for ballot measure but it has no provisions that impact trucking
In today’s edition of The Daily Dash, Knight-Swift sees a strong 2021 ahead; experts are predicting a wild Q4; and Kenan Advantage Group could be for sale.
Law outlines penalties of up to $20,000 per day for noncompliance.
Starsky Robotics believed it had a viable path to autonomous trucking, but investors didn’t agree and the startup ran out of money.
Higher margins from completed vehicles help offset hit from GM strike as Canadian auto manufacturer warns of potential impact of coronavirus.
Canadian auto manufacturer says it will stop developing self-driving technology with the U.S. ride-sharing company as it announces lower sales outlook for 2020.
Bill would require DOT to make assault and harassment incidents publicly available.
Ballot initiatives included a tax on ride-sharing companies in San Francisco.
Uber Freight sees loads more than double on a year-over-year basis, but the division’s losses increased as well. Investors will now likely mull over these results as the company’s stock lock-up expiration approaches.
Ben Thrower’s commentary on whether we are approaching “peak car” will make you think about the present and the future…
Like Lyft, Uber is also decentralizing car-sharing in an effort to defy categories and shift user perception.
Imagine if Uber and public transit had a baby.
Lyft wants to be a one-stop-shop for all urban transit options, which might turn Google Maps into more of a competitor than Uber.
Barclays and Macquarie estimated that the companies will spend an extra $2,000 to $3,600 per driver annually.
Uber’s second quarter as a public company saw a loss much worse than the consensus estimate. Revenue increased significantly at Uber Freight, so did the losses.
Lyft reported revenue well ahead of estimates and commented that continued improvement in market conditions, which may mean lower rider discounts and an easing competitive landscape, prompted the improvement in guidance.
Portland is the first airport in the country to use the technology, which aims to relieve congestion in the airport arrival zone.
Operating cost savings at stake as company deals with IPO expectations
Market expert Brian Aoaeh explains why all of us should be rooting for Uber, Lyft and other startups. Read why!
The study leverages the treasure trove of data Uber and Lyft possess showing where and when people are traveling.
After a decade of disrupting urban mobility, Uber finally opens up for its initial public offering (IPO) at the NYSE on May 10.
U.S.-China trade tariffs war is heating up; Asian oil importers have not stopped importing oil from Iran; Uber has a staunch rival in Ola across the Indian market.
The partnership between ride-sharing company Lyft (NYSE: LYFT) and Google-affiliated, self-driving car technology company Waymo is just one initiative in Lyft’s strategy to stake a claim in the emerging market […]
Ride-hailing company Lyft (NYSE: LYFT) reported a first quarter 2019 net loss of $1.14 billion, or a net loss of $48.53 per share, the company said on May 7. In […]
Uber and Lyft drivers are planning to strike on May 8 at 10 locations in the U.S. to protest low wages among other concerns. Organizer Rideshare Drivers United is planning […]
Concerns about profitability in the ride-sharing sector are overblown, public-private partnerships are on the rise and transit and commuting platforms are the future.