Slowing Ride Hailing Growth in NYC

Mayor Bill de Blasio is looking to curb ride hailing in New York. "Since 2011, the number of for-hire cars on city streets has grown from 50,000 to 130,000, with 'the overwhelming majority' of the growth due to transportation network companies (TNC) like Uber and Lyft," Rachel Kaufman writes in Next City. Most of that growth has come from Uber and Lyft cars.

The New York City Council is currently considering three different bills that could discourage ride hailing. One would institute a $2,000 fee for every vehicle that operates for these services. The other two would cap the number of these vehicles that can operate in the city, according to Kaufman's reporting. "The proposed changes come on top of a $2.75 surcharge imposed by the state on all single-passenger e-hail rides in Manhattan below 96th Street," Kaufman writes.