The ride-hailing companies Uber and Lyft said they will delay their planned exit from Minneapolis to July 1 after city officials decided Wednesday to push back the start of an ordinance that increases driver pay
FILE- Minneapolis city council member Robin Wonsley speaks at a news conference on Tuesday, July 25, 2023, at City Hall in Minneapolis. The ride-hailing companies Uber and Lyft said they will delay their plans to stop operating in Minneapolis after city officials decided Wednesday, April 11, 2024, to delay an ordinance requiring increased pay rates for drivers.
Under the ordinance, ride-hailing companies must pay drivers at least $1.40 per mile and $0.51 per minute — or $5 per ride, whichever is greater — excluding tips, for the time spent transporting passengers in Minneapolis. Lyft said the city's rate “will make rides too expensive for most riders, meaning drivers will ultimately earn less. This is unsustainable for our customers.”
“I think that we will get to a result that’s going to keep the companies operating and is going to protect the drivers,” Long told reporters. “I’m really hoping that we can avoid preemption.”Muhiyidin Yusuf, 49, supports the ordinance. Yusuf said he works as an Uber and Lyft driver for about 60 hours each week but still relies on government assistance and accused the companies of making big profits while he struggles.
Corporate Law And Regulation Business Compensation And Benefits U.S. News General News Technology Article 109151064
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber and Lyft Delay Exit from MinneapolisUber and Lyft have announced that they will postpone their planned departure from Minneapolis after city officials decided to delay a driver pay raise by two months.
Read more »
Uber and Lyft delay their plans to leave Minneapolis after officials push back driver pay planThe ride-hailing companies Uber and Lyft said they will delay their planned exit from Minneapolis to July 1 after city officials decided Wednesday to push back the start of an ordinance that increases driver pay. The Minneapolis City Council voted unanimously to start the new pay plan on July 1 instead of May 1.
Read more »
Are Uber and Lyft Right In Their Threat To Leave Minneapolis?I founded ClariNet, the world's first internet based business, am Chairman Emeritus of the Electronic Frontier Foundation, and a fellow of the Foresight Institute. My current passion is self-driving vehicles and robots.
Read more »
Why Uber and Lyft say they’re abandoning MinneapolisUber and Lyft announced last week that they are pulling up stakes in the Twin Cities because of a new ordinance designed to raise driver pay.
Read more »
Lyft and Uber to Cease Operations in MinneapolisLyft and Uber will no longer operate in Minneapolis after the City Council passed an ordinance requiring ride-hailing services to increase driver wages. Both companies stated that the ordinance would make their operations unsustainable.
Read more »
Uber, Lyft to leave Minneapolis due to minimum wage lawUber and Lyft said they will stop operations in Minneapolis after the city council voted to override Mayor Jacob Frey's veto of the new minimum wage law.
Read more »