Taxi & FHV

Foreclosed ‘Taxi King’ medallions going on the block in New York

Foreclosed ‘Taxi King’ medallions going on the block in New York

Evgeny “Gene” Freidman, once known as New York’s “Taxi King”—now better known as a potential witness against President Donald Trump’s embattled lawyer, Michael Cohen—will get a farewell from the yellow-cab industry June 14. That’s when 139 taxi medallions he once owned will go on the block at the Sheraton LaGuardia East in Flushing, Queens. The(…)

Here’s how Uber compares against Didi around the world

Here’s how Uber compares against Didi around the world

Fresh off of pulling out of Southeast Asia, Uber CEO Dara Khosrowshahi is confident that he can win in all the other markets the company is continuing to operate in. “India, Middle East, Africa, etc., we are going to be, I believe, the winning player in those markets and we’re going to control our own(…)

Sony rolls out ‘Everybody’s Taxi’ dispatch service later this year

Sony rolls out ‘Everybody’s Taxi’ dispatch service later this year

Sony is moving forward with plans to introduce a taxi-hailing service in Japan, unveiling a joint venture with cab companies called ‘Everybody’s Taxi’, writes Bloomberg. The Japanese electronics maker, which announced in February that it was forming an alliance, said it will begin services within the current fiscal year through March. Subsidiary Sony Payment Services(…)

Uber and Lyft failing to support those with reduced mobility in New York

Uber and Lyft failing to support those with reduced mobility in New York

Out of a fleet of 100,000 for-hire vehicles in New York City, the Taxi and Limousine Commission has estimated that only 0.5 per cent of them are wheelchair accessible, reports intelligenttransport. A recent report by New York Lawyers For The Public Interest (NYLPI) has highlighted a serious fault within the operation of for-hire vehicle (FHV)(…)

Uber posts rare profit, sort of, MoneyCNN reports

Uber posts rare profit, sort of, MoneyCNN reports

Uber just turned a big profit — but don’t get used to it. The startup said Wednesday that it posted a $2.5 billion profit in the first quarter after years of mounting losses. However, the impressive figure was almost entirely the result of Uber ceding two of its operations abroad to rivals. Uber said it(…)

Green taxis: We’re hurting too

Green taxis: We’re hurting too

In the debate about Uber and cabs, those created to serve the outer boroughs are forgotten, writes Nancy Reynoso who is a green taxi driver who lives in Bronx, New York City. When City Council Speaker Corey Johnson expressed his support during a recent radio interview for a package of bills that would better regulate(…)

California may push Uber and Lyft to go electric, with far-reaching consequences

California may push Uber and Lyft to go electric, with far-reaching consequences

For more than a decade California has pushed automakers to green their lineups by selling zero-emission vehicles to aid its fight against pollution and greenhouse gases. But as more people opt for on-demand ride services rather than driving themselves, it was only a matter of time before state officials targeted Uber and Lyft fleets to reduce emissions,(…)

Disrupters don’t stand a chance against car companies

Disrupters don’t stand a chance against car companies

Waymo and Uber may pioneer self-driving cars, but history shows incumbents like GM are more likely to follow through. Companies like GM know how to work at scale, writes Bloomberg. The technology for self-driving cars keeps improving. And there’s no shortage of investment, from both tech and automobile companies. What’s missing so far is a(…)

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