The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before […]
Massachussetts AG greenlights Uber, Lyft-backed gig worker ballot initiative
Massachusetts Attorney General Maura Healey gave a coalition of app-based service providers like Uber and Lyft the go-ahead to start collecting signatures needed to put a proposed ballot measure before voters that would define drivers as independent contractors rather than employees. Backers of the initiative, which is essentially a MA version of Proposition 22, would […]
A California judge just struck down Prop 22: Now what?
California is not going to resolve this issue. Congress is not going to resolve this issue because it almost never resolves anything. So the game comes down to individual states.
Bird shows improving scooter economics, long march to profitability
Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model, and a multi-year path to profitability. However, that path is fraught.
End of the line for Uber
Uber is a bezzle (“the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it”). Every bezzle ends.
Why regulators love Nuro’s self-driving delivery vehicles
Nuro’s autonomous vehicles (AVs) don’t have a human driver on board. There’s no room in the narrow chassis for a driver’s seat, no need for a steering wheel, accelerator or brake pedals.
Gig companies take worker classification fight to Massachusetts through ballot initiative
A coalition of app-based ride-hailing and on-demand delivery companies including Lyft, Uber, Doordash and Instacart have filed a petition for a ballot initiative in Massachusetts that would keep gig economy workers classified as independent contractors as the industry takes a fight it won in California on the road. The ballot measure proposed by the Massachusetts […]
Lyft reaches adjusted profitability milestone despite continuing net losses
Today after the bell, U.S. ride-hailing company Lyft reported its second quarter financial performance. In aggregate the company’s performance was a rebound from the year-ago second quarter, which was heavily impacted by the onset of the COVID-19 pandemic and resulting lockdowns in the United States. Lyft also managed to produce positive adjusted EBITDA in the […]
Big tech companies are at war with employees over remote work
CEOs want workers back at their desks. Employees and the virus have other plans.