Ride-hailing drivers are slaves to the surge
Apps set early-morning and late-night surge prices to lure drivers to areas with more requests than available cars
New York
EVERY weekday at 5.30am, Uziel Santos, 48, leaves for work. Like most drivers for ride-hailing apps in New York, he is drawn by early-morning surge prices, and those closest to his home in Astoria, Queens, are on the upper East Side of Manhattan, where children and parents book short, lucrative rides to school and work.
He simultaneously signs on to Uber, Lyft and Juno, three of the most prominent ride-hailing apps operating in the city, to determine the highest-paying fares in town that day.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources
China’s electric cars keep improving, a worry for rivals elsewhere
Air Canada reports bigger loss than market expectations as costs rise
Maersk raises full-year profit guidance after strong quarter