Rideshare app costs spike in NYC with lower than half the variety of taxis accessible as pre-pandemic


Man’s 20-minute Uber journey from Midtown New York to JFK prices $248 – nearly the identical as his cross-country flight to San Francisco – as ridesharing apps surge costs after variety of yellow cabs within the metropolis HALVES throughout pandemic

  •  Sunny Madra, a Ford government, mentioned his costly 20-mile journey from midtown Manhattan to JFK Airport on Might 26 
  • After not discovering a yellow cab, he paid $248.90 for an Uber and $262.40 for a cross-country aircraft ticket to San Francisco 
  • That journey would’ve value about $52 within the NYC cab, in accordance with the TLC 
  • There have been 4,900 yellow cabs in NYC in April, which isn’t even half the 11,400 cabs that have been accessible in February 2020 earlier than lockdowns, in accordance with TLC 
  • Ridesharing apps like Uber and Lyft are filling the void and rising the costs 
  • Uber is spending $250 million on short-term bonuses to get extra drivers on the highway, spokesman Harry Hartfield informed The New York Put up
  • A spokesperson for Lyft informed The New York Put up that the corporate has additionally seen ‘large will increase’ in demand 

Sunny Madra, a Ford government, tweeted about his pricey Might 26 Uber journey from midtown Manhattan to the JFK Airport

A person has informed how his 20-minute Uber experience from Midtown New York to JFK Airport value him $248.90 – simply $13.50 lower than his cross-country flight to San Francisco – as NYC yellow cab shortages result in surging costs on ridesharing apps. 

Sunny Madra, a Ford government, tweeted about his Might 26 morning journey to the airport after he could not discover a yellow NYC cab for 20 minutes.

A yellow cab would have value about $52, in accordance with the Taxi and Limousine Fee – however as an alternative he paid almost 5 instances that. In the meantime his aircraft ticket from New York Metropolis to San Francisco value him $262.40, he tweeted. 

The surging costs on ridesharing apps come because the variety of yellow cabs within the metropolis plummets following the pandemic. 

‘With town’s economic system bouncing again, and vaccination charges rising, drivers are returning to Uber in drive to make the most of increased earnings alternatives from our driver stimulus whereas they’re nonetheless accessible,’ Uber spokesperson Harry Hartfield informed DailyMail.com

New York Metropolis has misplaced greater than than half of its yellow taxi cabs within the final yr, from about 11,400 cabs in February 2020 to 4,900 in April 2021, The New York Put up reported.

And the issue is about to get a lot worse as extra vacationer sights reopen this summer season. 

 ‘The summer season might be actually loopy,’ Bruce Schaller, a transportation professional and former metropolis transit official, informed the Put up.

Drivers who left due to the pandemic have been reluctant to return again as a result of they discovered work elsewhere or proceed to gather unemployment.

One Queens dispatcher informed the Put up that solely round 50% of their drivers are on the highway, and blamed a $300-a-week federal enhance to unemployment advantages for holding drivers off work. 

‘Receiving unemployment has actually diminished their want to return,’ he mentioned. 

And firms like Uber and Lyft are filling the void however charging astronomical costs that determined riders are keen to pay to get to their locations on time. 

Uber mentioned it’s spending $250 million on short-term bonuses to get extra drivers on the highway, with New York drivers presently making about $38 per hour plus ideas.

Jonathan Vega, a 30-year-old Uber driver from Queens, informed The New York Put up that he is bringing in as a lot as $40 per hour, in contrast with $25 an hour earlier this yr.

A spokesperson for Lyft informed The New York Put up that the corporate has additionally seen ‘large will increase’ in demand however wouldn’t present extra details about costs or driver pay.  

Uber is spending $250 million on short-term bonuses to get extra drivers on the highway, spokesman Harry Hartfield informed The New York Put up

Yellow NYC taxi cabs have been hard to find, leaving the door open for ridesharing apps like Uber and Lift to fill the void and charge more money

Yellow NYC taxi cabs have been laborious to search out, leaving the door open for ridesharing apps like Uber and Elevate to fill the void and cost more cash

The lofty costs are predicted to proceed for about three months, when federal unemployment advantages expire and town reopens, Matthew Daus – a former Taxi and Limousine Fee chairman – informed the Put up. 

He mentioned he expects a pointy decline in demand and ‘we’ll have ‘taximageddon within the fall,’ Daus mentioned. 

‘I worry that there is going to be a ton of autos within the streets trying to find work and there is not going to be sufficient work till the vacations at the very least.’

DailyMail.com reached out to the New York Taxi Employees Alliance, a union that represents 21,000 drivers, and Uber. 

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