Transportation Network Companies Challenge 20th-Century City Taxi Regulation: Reinventing Urban Mobility
Submitted on July 28, 2015 - 1pmIssue:
The rise of Uber, Lyft, and other transportation network companies (TNCs) dependent on online-enabled platforms to connect passengers with drivers is globally eroding the franchises of locally regulated taxis. Drawing on remarks recently on the VerdeXchange 2015 Conference panel “How Technology and Competitive Drive Are Reinventing Mobility and the Urban Environment,” Bill Rouse, General Manager of Yellow Cab of Los Angeles, and Gabe Klein, a Special Venture Partner at Fontinalis Partners with experience leading public-sector DOTs, offered VX News their perspectives. They address changes to the urban ground transportation system that unregulated competition is bringing to cities.