The All-Access plan has been compared to subscription services like Costco Wholesale and Amazon Prime. In a March interview with technology news outlet Techcrunch, Lyft CEO Logan Green expressed a desire to eventually move the transportation industry toward a subscription model similar to Netflix. … [Read more...] about Lyft Is Rolling Out a 30-Day Ride Subscription for $299
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The research is clearer, however, that a younger, tech-savvy generation has popularized ride-hailing, particularly in urban areas. Pew Research Center found in 2016 that more than a quarter of 18- to 29-year-olds and about one in five people who are 30 to 49 years old have used ride-hailing services, compared with only 4 percent who are 65 and older. … [Read more...] about Report: UCLA students use Lyft and Uber to get to class, and it’s raising environmental concerns
Uber, Lyft, and their competitors, offering handy apps, responsive drivers and competitive prices, are fast becoming a favored commuter option. Many employers either subsidize employee commuter expenses or allow employees to pay for commuter expenses through payroll deductions. Under current law (Internal Revenue Code Section 132(f)) and regulation, these expenses can be tax-free (up to certain dollar limits) if they are incurred through qualifying commuter highway vehicles, van pools, transit passes, parking, and bicycles. Many employers and employees are asking: can Uber and Lyft commutes be provided tax-free? … [Read more...] about Can Employees Commute Tax-Free on Uber or Lyft?
Disruptive “technology” companies Uber and Lyft were back in court recently doing their best to ensure their business models are not upended by a ruling that their drivers should be classified as employees rather than independent contractors . On back to back January days, federal courts in California heard arguments from Uber, Lyft and their drivers as the respective parties all seek to convince the court to rule in their favor over the proper classification. … [Read more...] about Uber and Lyft Drivers: Employees, Independent Contractors, or Something Else Entirely?
Uber and Lyft have said they support the City Council's goals to reduce congestion and ensure drivers earn a livable wage but disagree that the legislation will achieve those. They say they provide needed service to neighborhoods outside Manhattan that are poorly served by yellow cabs. … [Read more...] about NYC Moves to Rein in Uber, Lyft With Cap on Ride-Hail Vehicles