Take action against Uber: Ride share prices for Uber, Lyft continue to spike nationwide due to driver shortage, high demand

From FOX 13 Tampa Bay:

As ride-share companies like Uber and Lyft combat driver shortages, prices for rides have spiked 40% nationwide, according to data from Rakuten. The surge is hitting big cities like New York, Los Angeles and Chicago especially hard.

Industry analysts say with the economy rebounding and travel and hospitality seeing increased demand, more consumers are once again relying on ride-hailing apps at higher rates.

“The rise in prices is a classic case of supply and demand. Activities, events and restaurants are opening back up, and people are seeking ride-sharing services at a scale we haven’t seen since before the pandemic,” Rakuten Intelligence, Vice President of Insights and Analytics David Gill told FOX Business in a statement.

NEW YORKERS STRUGGLE TO FIND RIDES AMID TAXI SHORTAGE, UBER PRICE HIKES

Continue reading Ride share prices for Uber, Lyft continue to spike nationwide due to driver shortage, high demand on FOX 13 Tampa Bay

Do you have a complaint about Uber or Uber Eats, such as overcharges or fraud? Take your claim to FairShake, the consumer advocacy service.


Read More:

FairShake is aggregating links to consumer news stories across the web. We claim no rights to the snippets featured.

Latest news

Hold Uber responsible: Here are Thursday’s biggest analyst calls of the day: Amazon, Zoom, T-Mobile, Uber, Chipotle & more

From CNBC: Here are the biggest calls on Wall Street on Thursday: Continue reading Here are Thursday's biggest analyst calls of...

Latest Citibank customer news: Citi names John Young as head of commodities for Americas

From Reuters: June 3 (Reuters) - Citigroup Inc has appointed John Young as the head of its commodities business for...

AT&T customers take note: The AT&T-Discovery deal will spawn a company that goes by this name

From The Dallas Morning News: The new company being formed by the merger of Discovery Inc. and AT&T Inc.’s WarnerMedia...

Latest AT&T customer news: AT&T on track with FirstNet build, most challenging sites remain

From FierceWireless: AT&T is about a year ahead of schedule on its FirstNet build but will likely take until 2023...

Top Uber story from Slate: Slate Money talks billionaire taxes, Uber, and Bitcoin.

From Slate: This week, Felix Salmon, Emily Peck, and Stacy-Marie Ishmael talk about the ProPublica report on the tax returns...

Uber headlines: Rideshare Services Like Lyft, Uber Struggle To Get Drivers Behind The Wheel

From CBS Pittsburgh: SACRAMENTO (CBS13) – Rideshare Apps are desperate for drivers. The pandemic has slowed travel so much that...

You might also likeRELATED
Recommended to you