Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
Taxi Owners’ Credit Union, Hurt by Uber, Is Seized by Regulator
Oct 5 2015 // The New York City-based Montauk Credit Union, a large provider of loans to taxi medallion owners, was seized on Sept. 18 by New York State’s top financial regulator. The New York State Department of Financial...
Uber Sues St. Louis Taxi Commission Over Ride-Sharing Ban
Sep 22 2015 // An Uber Technologies Inc. company accused the St. Louis Metropolitan Taxicab Commission in a lawsuit of functioning as a cartel with cab companies to ban its ride-sharing service in what it says is the largest U.S. city...
Taxi Owners’ Credit Union, Hurt by Uber, Seized by New York Regulator
Sep 21 2015 // Montauk Credit Union, a large provider of loans to taxi medallion owners, was seized on Friday by New York State’s top financial regulator. The New York State Department of Financial Services said the seizure was...
Florida Judge Orders State to Clarify Uber Insurance Requirements
Sep 18 2015 // Florida taxi companies may finally get the answer they are looking for from the Florida Department of Highway Safety and Motor Vehicles (FDHSMV) regarding minimum insurance requirements for transportation network companies...
Uber vs. Taxi Clash Heats Up at Massachusetts Statehouse
Sep 18 2015 // The tension between traditional taxis drivers and those who drive for services like Uber and Lyft was on display Tuesday as Massachusetts lawmakers grappled with proposals to regulate the popular but largely unfettered...
Ridesharing Firms Uber, Lyft Get Nevada Permits
Sep 16 2015 // Uber and Lyft were granted state permits Monday in a major milestone for ride-hailing in Nevada, although neither company has said exactly when its service will be available. The Nevada Transportation Authority voted to...
NYC Credit Unions Face Risks From Taxi Industry Woes
Sep 11 2015 // New York credit unions that have run up large exposures to the city’s iconic yellow cabs are facing a sharp increase in loan losses after a judge threw out a legal challenge to ride-hailing service Uber Technologies...
Florida City Approves Ridesharing, Taxi Rules
Sep 8 2015 // Gainesville, Fla., has passed new rules for private car-sharing companies like Uber to operate in the city. The City Commission passed regulations that apply to both taxis and companies like Uber. Mayor Ed Braddy told The...
Taxi Companies’ Suit Against Uber in Connecticut Dismissed
Sep 7 2015 // Uber Technologies Inc. on Aug. 13 won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ridesharing company from doing business in the state. U.S. District Judge...
West Virginia Takes 212 Commercial Vehicles off Road After Failed Inspections
Aug 31 2015 // The West Virginia Public Service Commission says 212 commercial vehicles were taken out of service as a result of recent inspections. Violations found by PSC transportation enforcement officers included faulty brakes,...
Taxi Companies File Suit to Stop Uber Service in Rhode Island
Aug 26 2015 // Two taxi companies in Rhode Island have asked a judge to stop ride-hailing company Uber from doing business in the state. The Providence Journal reports Orange Cab of Newport and Airport Taxi of Warwick filed a lawsuit...
Uber Deploys Lobbyists to Reshape Driver Rules in California
Aug 24 2015 // Uber has spent more on lobbyists in California than Facebook and Apple combined to fend off regulations aimed at the heart of its worldwide business model. The San Francisco company’s lobbyists are pushing lawmakers...
California Prosecutors Say Uber Screening Missed Ex-Convicts
Aug 20 2015 // Uber Technologies Inc.’s criminal background checks for drivers failed to prevent it from hiring registered sex offenders, identity thieves, burglars, a kidnapper and a convicted murderer, California prosecutors...
Taxi Companies’ Lawsuit Against Uber in Connecticut Dismissed
Aug 14 2015 // Uber Technologies Inc on Thursday won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ride-sharing company from doing business in the state. U.S. District Judge...
NYC Taxi Driver-Owners Form New Association to Take on Uber
Aug 14 2015 // Dozens of angry, independent taxi medallion owners in New York City have been making their opinions about Uber heard at City Hall. The newly formed Taxi Driver-Owner Association said Wednesday that the rapid growth of the...
Poll: NYC Voters See Yellow-Taxi Industry Working to Limit Uber
Aug 12 2015 // Sixty-five percent of New York City voters say they believe political campaign contributions by the yellow-taxi industry are behind efforts by some elected officials to limit the growth of the Uber ride-hailing service,...
Lafayette, Louisiana Officials Mull Insurance, Regulations for Uber
Aug 6 2015 // The Lafayette City-Parish Council is considering new regulations to require Uber and similar companies to do regular background checks on contract drivers, inspect vehicles and carry insurance above and beyond what state...
Uber Ready to be First App-Based Firm to Apply for Montana License
Aug 6 2015 // Hailing a ride through a smartphone app is closer to becoming a reality in Montana. The Public Service Commission voted unanimously this week to approve rules regarding a new class of license for firms that use apps to...
Insurers Unprepared for Self-Driving Car Disruption: KPMG
Aug 3 2015 // The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare...
Texas DPS Takes 1.7K Commercial Vehicles Out of Service
Jul 31 2015 // The Texas Department of Public Safety (DPS) said during its inspection of 7,865 commercial motor vehicles in June it pulled approximately 21.7 percent, or 1,710, of the 18-wheelers, buses and other commercial vehicles...
