Taxi & FHV

Juno selling for almost nothing

Juno selling for almost nothing

Juno, New York’s third-largest app-based service by market share, is for sale at a nominal asking price by parent company Gett, according to a person familiar with the situation. The person said Juno was losing $1 million a day. Several other industry insiders said Gett has approached its ride-hail rivals about buying the struggling service.(…)

Uber to pay $20 million to its drivers in California and Massachusetts

Uber to pay $20 million to its drivers in California and Massachusetts

Uber will pay $20 million to its drivers in California and Massachusetts to settle a class-action lawsuit that raised the question of what responsibility the company has to its workers. Lawyers for Uber said in a court filing Tuesday that they had agreed to a settlement with thousands of drivers. U.S. District Judge Edward Chen(…)

Can a ridehailing app be ethical?

Can a ridehailing app be ethical?

Via pays its drivers more than any other company, focuses on environmentally friendly practices, and wants to decrease traffic congestion. But is there a catch? Roman K. tried a lot of car jobs. After immigrating to New York from Tbilisi, Georgia, he worked at an auto shop, but the dust and chemicals made him sick.(…)

Lyft vs. Uber: five new insights

Lyft vs. Uber: five new insights

In its much anticipated S-1 filing to IPO, Lyft revealed a wealth of financial detail. Finally, one of the most debated business models in venture capital is opening up to outsiders. And with Uber slowly releasing selected figures in the run-up to its own IPO it’s now possible to compare the two companies in more(…)

Ride-share taxis in Tokio get green light to meet demand during Olympics

Ride-share taxis in Tokio get green light to meet demand during Olympics

Taxi rides with strangers may be just the lift needed for offsetting expected cab shortages during the 2020 Tokyo Olympics and Paralympics. A government council decided March 7 to move forward with lifting the ban on taxi ride-sharing nationwide. “Taxi ride-sharing allows users to travel for cheaper fares,” said Prime Minister Shinzo Abe, who chaired(…)

Taxi fares in Finland fell, then spiked after de-regulation, show statistics

Taxi fares in Finland fell, then spiked after de-regulation, show statistics

The deregulation of the Finnish taxi market resulted in a noticeable drop, followed by a sharp increase, in taxi fares, according to consumer price data published by Statistics Finland. Sanna Kurronen, a senior analyst at Nordea, says the data sheds light on the operations of taxi companies, which seemingly sought to bolster their market position(…)

Frias sale of Las Vegas cab assets approved by Taxicab Authority

Frias sale of Las Vegas cab assets approved by Taxicab Authority

After a half-century of service in Las Vegas, Frias Transportation is officially on its way out after the state Taxicab Authority approved the sale of its assets. Two groups of buyers bought varying portions of Frias’ vehicles, medallions — small license plates affixed to cabs authorizing them to operate within a jurisdiction — and certificates(…)

Taxify rebrands as Bolt to expand its transport options beyond private cars

Taxify rebrands as Bolt to expand its transport options beyond private cars

Taxify, the ride-hailing company from Estonia backed by Didi and Daimler and now active in 30 countries, is making a key shift in its business today as it gears up for its next stage of growth. The company is removing “taxi” from its name and rebranding as Bolt, the same name that it has been(…)

Uber ‘not criminally liable’ for self-driving death in Tempe, Arizona

Uber ‘not criminally liable’ for self-driving death in Tempe, Arizona

Uber will not face criminal charges for a fatal crash involving one of its self-driving cars. Prosecutors have ruled that the company is not criminally liable for the death of Elaine Herzberg, 49, who was struck as she crossed a road in Tempe, Arizona. The car’s back-up driver could still face criminal charges. A police(…)

Matatu hailing app launched for Nairobi commuters

Matatu hailing app launched for Nairobi commuters

MobiTill Epesi Smart Transport Solution, has come up with a mobile application system that aims to streamline public transport the same way ride-sharing apps have done with the taxi economy. According to the company’s Chief Executive Officer, Mary Mwangi, the app will schedule matatus and buses in Nairobi which will, in turn, reduce congestion at(…)

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