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Uber, lyft and other taxis

New York’s Uber Cap Is Good News for Basically Everyone



yellow cab

Wednesday was a good day for Bill de Blasio.

Three years ago, when the New York mayor attempted to cap the number of Uber vehicles in New York City, the Democrat was broken and humiliated by Uber’s ruthless PR campaign. At the time, the city made the case that Uber cars were responsible for Manhattan traffic having slowed to the pace of molasses. Uber deftly countered that its drivers had smashed the transportation redlining caused by the city’s limit on yellow cabs, bringing easy mobility to communities of color.

This week, de Blasio got his cap—or at least a one-year freeze on new licenses for the ride-hail companies, together with a minimum wage for drivers. This time, proponents of the bill didn’t focus on traffic, but on equity. The result is a first-of-its-kind wage floor for gig-economy workers, and you can bet it will be a talking point for de Blasio as he makes the case for New York as the country’s leading lab of progressive policy.

What galvanized the effort in New York were driver suicides. Six taxi and livery drivers have ended their lives since the end of last year after suffering from financial hardship.* Other drivers cited their deaths as evidence that the city had abandoned them. Several family members of the deceased drivers were on hand on Wednesday at City Hall.

The drivers are right: For decades, New York’s arbitrary cap on yellow cabs made a taxi medallion one of the world’s best investments. The limit drove medallion values over $1 million, luring both wealthy investors like the president’s lawyer Michael Cohen and immigrant drivers who banked their livelihoods on medallion values.

Then Uber and Lyft arrived. In permitting the companies to deploy tens of thousands of drivers, the city tacitly abandoned the medallion system and everyone who was invested in it. Medallion values fell more than 80 percent, and billions of dollars vanished overnight. Even yellow cab drivers who didn’t own medallions say they can’t drive enough to keep pace with the Ubers and Lyfts flooding the streets.

Back in 2013, before transportation network companies made landfall in New York, there were 378,000 taxi trips on the average weekday in the Manhattan central business district. By 2017, that number had fallen to 249,000, according to Schaller Consulting, a group that studies the issue. At the same time, TNCs delivered more than 200,000 trips of their own. But even those numbers don’t tell the whole story, as Midtown is the last stronghold of the yellow cab. Overall, TNC cars now outnumber medallion taxis by nearly six to one and complete twice as many trips.

This has had a number of ramifications that go beyond driver livelihood. Taxi speeds in the Midtown core fell from 6.5 mph in 2010 to 4.7 mph in 2016, a decline of more than 25 percent. The struggling subway system is shedding riders, apparently to TNC services. Air quality alerts, induced by heavy traffic on hot summer days, continue to plague those New Yorkers who aren’t inside an air-conditioned car.
Wednesday’s legislation will be recognized as a landmark moment for gig-economy workers. But the minimum wage only works with a driver cap. The limit keeps new entrants from oversaturating the market and should, as demand rises, give drivers a steady stream of paying customers. The cap is also justified by protecting yellow-cab livelihoods.

The root problem is that New York has too many full-time ride-hail drivers. Onerous licensing requirements, low car ownership, and (for a while) an enormous untapped demand for rides ensured that drivers who sought this work were serious about it, not retirees and students making a little extra cash with their cars. The Independent Drivers Guild, which represents more than 45,000 ride-hail drivers in New York (many work for one or more companies), says nine in 10 of its members do this work full time.

In other cities, gig workers might chase peak demand (rush hour, Saturday night) and then sign off. But having an army of full-time drivers, burdened with auto debt, bringing rush hour waits down to a minute or two created a pretty serious oversupply during the quieter hours.

The hidden triumph here? Strong incentives to reduce traffic congestion. The city can’t enact proper congestion pricing without the state. But the bill is a message that it can, and will, regulate the streets. Both the wage system and the cap will push Uber and its ilk to improve what are called “utilization rates,” or the percentage of miles during which the driver has a passenger. In 2017, that rate stood at just 58 percent, according to the TLC, meaning that TNC vehicles were driving empty more than 40 percent of the time. Despite the backing of an algorithm providing an endless stream of pick-ups, that’s scarcely an improvement over street-hail taxis, who (in 2014) had the meter running about 54 percent of the time.

As demand continues to increase (and it will, with a major subway line shutting down in less than a year’s time), the path forward looks like drivers clocking fewer, busier hours. That’s good news for existing drivers, good news for the environment, and good news for traffic congestion.

How it affects passengers is the big question. It might mean longer waits and higher fares, especially in traditionally underserved outer-borough neighborhoods where more people of color live. It might mean the companies lean into more efficient ways to transport people than strict door-to-door service. And it might, finally, create the conditions for the city and the companies to consider the opportunities that bikes, scooters, and other small electric vehicles can offer in a metropolis short on space.

Ultimately, surging demand for cabs in a city where midtown traffic moves slower than a jogger reflects that the city has dropped the ball on providing alternatives to car travel. Some of those—hello, Gov. Andrew Cuomo’s subway system—are out of its control. Others, like lanes for buses and bikes, are not.


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Uber, lyft and other taxis

The debate on car seats for taxis and ride-sharing services




car seat

Like many parents in New York, Caroline Hwang doesn’t use a car seat when traveling with her son in a taxi.

“It’s a calculated risk, because you’re not going very fast and the chances of you being in a serious high-speed collision are pretty low,” she said.

Research from Virginia Tech University finds New York is among 35 states where cabs are exempt from laws that require young children to travel in a car seat. Except for Georgia, it’s not clear if ride-sharing companies like Uber and Lyft are also exempt. In the other 15 states, children must have a car seat in all for-hire vehicles.

“There’s a lot of confusion that parents experience when they want to carry their children using rideshare services. The laws across the nation are inconsistent from state to state,” said Justin Owens with the Virginia Tech Transportation Institute.

Owens says in many states that require car seats, it’s not clear if the parent or driver needs to provide them.

“State legislatures really need to work on catching up the laws and regulations.”
In New York City, Uber will have a driver like Rafael Serrano provide a forward-facing car seat for an extra $10. Lyft has a similar program, but also, only in New York City.

“It’s super safe and reliable, so I’d rather have the kids safe than sorry you know,” Serrano said.

Uber and Lyft both tell us that drivers and riders in the rest of the country need to follow all local laws and drivers can turn down riders who do not provide a proper child safety seat.


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Voting Today Can Get You A Bunch Of Free Stuff




election day in the us

Today is election day in the US and with comes not only an opportunity to exercise your civic responsibility, right and privilege, but also to get a bunch of free food and services. Although ideally people would vote even if they didn’t get a free side of fries in return, it’s good that people are going to get to the polls somehow.

Uber and Lyft are both offering discounts today, taking their political rivalry to the next level. Uber, you may remember, has been boycotted after showing inadvertent support for Trump.

The company declined to participate in a work stoppage that New York taxi drivers were engaged in to protest Trumps travel ban. Lyft became the service of choice for many people after the #deleteuber movement took hold. Now, both companies are offering deals on rides to the polls.

Uber’s is a discount only for first-time users if they put in a special election day code and Lyft is giving across the board 50% discounts for those going to vote.


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Uber, lyft and other taxis

Global Taxi & Limousine Software Market Size – TaxiCaller, TaxiStartup, MTData




yellow cab

Researchvector has launched a report on the Taxi & Limousine Software Market that predicts future market trends and current market trends. It includes analytic data of the Taxi & Limousine Software Market about growth rate, market trends, profitability, manufacturers, historical data, popular regions, etc. The valuable in-depth research report created by the skilled industry experts, who are experienced in this industry.

The general idea of the Researchvector research team that the report comes in handy for those who are planning to start a business or someone who is planning to expand the business.
Top Four Important Market Parameters for Taxi & Limousine Software Market
Every industry has vital factors that drive it to the growth and maximise the profits, cut down the costs, and furthermore. But in Taxi & Limousine Software Market, there are important parameters that every reader should learn about it.

Market Players: We have leading manufacturers in the market, and they make an impact on the Taxi & Limousine Software Market globally. Only a fewer people pay attention to the emerging players, and Researchvector includes a list of emerging players with some secret strategies of competitors.

  • TaxiCaller
  • TaxiStartup
  • MTData
  • Taximobility
  • Limo Anywhere
  • Samsride Inc.

Categorical Division: You can access the information on the products with the categories of the products.

  • Cloud-based
  • On-premises

Application Usage: The application usage information provides in-depth information on the customer experience, and it can help you identify the problems and provide solutions to it. The end-user experience offers detailed errors in the products and the flaws, and you can fix them in the next stage.

  • Small Business
  • Midsize Enterprise
  • Large Enterprise
  • Other

Geographical Division: You gain knowledge of the top performing regions, and the details region includes countries, states, and cities.

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

Why read market research reports by Researchvector?

Researchvector Inc Market Research Organization has worked on various markets before, and they have added a lot of value to the readers by using internationally acknowledged methodologies. They have a massive list of clientele, some of the companies like PayPal, Dropbox, Sony, and the list keep goes on. Researchvector adds tremendous value to your knowledge bank by providing you information on profitability and accelerates growth. Researchvector Inc is adept at researching and digging out analytic information that explains the market.

Core Objective of Taxi & Limousine Software Market

Every company in the Taxi & Limousine Software Market has objectives and the Researchvector market research report focus on the core objectives of the Taxi & Limousine Software Market, so you can learn about competition, future market, favourite products, and informative knowledge that can boost your sales volume exponentially.

  • Size of the market and growth rate factors of Taxi & Limousine Software Market.
  • Significant changes in the upcoming Taxi & Limousine Software Market.
  • Top global competitors of Taxi & Limousine Software Market.
  • Scope and product overview of Taxi & Limousine Software Market 2018-2025.
  • Growing regions with potential growth in the future.
  • Challenges faced in Taxi & Limousine Software Market.
  • Global Taxi & Limousine Software top vendors profile and sales statistics.
  • Dynamics of Taxi & Limousine Software Market 2018-2025.
  • Questions Answered for Taxi & Limousine Software Market

There are many questions that we have in our mind when we think of the competition and unknown factors that invites cash burning, and we learn it the hard way. Researchvector Inc has counted those questions, and they used the market research report to answer the all-important questions of the Taxi & Limousine Software Market.

  • What is the development rate of the Taxi & Limousine Software Market in 2018-2025?
  • What will be the future market size of the Taxi & Limousine Software Market?
  • Who are the top leading companies in the Taxi & Limousine Software Market?
  • Who are global manufacturers in the Taxi & Limousine Software Market?
  • What are the major Taxi & Limousine Software Market Trends 2018-2025?
  • What are the challenges faced in the Taxi & Limousine Software Market?
  • What are the conclusions of the Taxi & Limousine Software Market report?


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