ridesharing firms News

Uber Says Alabama Mayors Stalled Ridesharing Law

A statewide framework to regulate ridesharing firms such as Uber and Lyft stalled in the Alabama Legislature, and it’s unclear when such companies could begin to launch new service in Alabama communities. Uber, through a spokeswoman, points to Huntsville Mayor …

NYC Credit Unions Face Risks From Taxi Industry Woes

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 Inc. Four credit …

Taxi Companies File Suit to Stop Uber Service in Rhode Island

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 this month seeking …

NYC Legislators Seek to Put Limits on Rideshare Vehicles During Study

Staff and drivers for ride-hailing company Uber gathered outside City Hall on Tuesday, June 30, to protest legislation that would put limits on for-hire vehicles while the city conducts a study on whether the sharp growth of the industry has …

Taxi Group’s New Lawsuit Targets New York’s Uber Policy

A group of taxi companies sued New York claiming the city is wrongfully allowing Uber Technologies Inc. customers to hail rides with an app. Current law permits only yellow taxis with valid medallions to accept hails, regardless of whether they’re …

Yellow Taxis Now Outnumbered by Uber Cars on NYC Streets

New York City’s storied yellow cabs are taking a back seat to black cars. Uber cars, often black sedans that can be summoned with smartphone apps, now outnumber the yellow taxis that city riders have hailed with a whistle and …