Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Axios
Axios
Technology
Stef W. Kight

2019 to bring higher prices for New York ride-sharing

Photo: Spencer Platt/Getty Images

A new congestion fee in Manhattan's busiest zones and an upcoming first-of-its-kind minimum wage rule for ride-sharing drivers will cause the costs of using Uber and Lyft around New York City to spike in 2019, Bloomberg reports.

The big picture: The $2.75 fee for ride-sharing vehicles — $2.50 for yellow taxis — takes effect Jan. 1 as a part of Uber- and Lyft-backed efforts to reduce congestion, allowing ride-sharing services to complete trips faster and pick up more customers. Meanwhile, Uber has fought against the new wage rules for its drivers set to come into effect later in January as well as a freeze on ride-sharing licenses in New York.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.