Uber nears deal with UK labor union

Uber nears deal with UK labor union

Uber (NYSE: UBER) is reportedly set to recognize the rights of drivers to unionize in the U.K., according to a report, in a similar arrangement to its deal with the Independent Drivers Guild (IDG) in the U.S.

Bloomberg reported the ride-hailing giant is set to recognize GMB, a 620,000-plus labor union that represents drivers, delivery workers and more in the U.K., allowing drivers using the platform to collectively bargain for rights.

GMB was one of the unions that supported the recent U.K....

https://www.freightwaves.com/news/uber-nears-deal-with-uk-labor-union

Lyft’s losses shrink as riders begin returning

Lyft (NASDAQ: LYFT) posted year-over-year declines in Q1 2021 revenues and riders, but an improving trend that started in the second half of last year is continuing.

The company reported revenues grew 7% quarter-over-quarter to $609 million versus $955.7 million in Q1 2020. Net loss was $427.3 million versus a $398.1 million loss in the same period of 2020. Q1 2021’s loss included $180.7 million in stock-based compensation and related payroll tax expenses and $128 million related to changes to...

https://s29755.pcdn.co/news/lyfts-losses-shrink-as-riders-begin-returning

What happened to gig workers in 2020? Gridwise report tells the story

Gig economy drivers took a big hit when the nation shut down because of COVID-19 in early 2020, but many have bounced back, and some have even thrived, according to a report from Gridwise, a rideshare and delivery assistance company.

Ryan Green, co-founder and CEO of Gridwise, told Modern Shipper that the supply of gig drivers is still about 40% below where it needs to be at this point.

“From the supply of drivers as soon as the pandemic came in March, by April we saw a 65% decline in drivers for...

https://www.freightwaves.com/news/what-happened-to-gig-workers-in-2020?-gridwise-report-tells-the-story

U.S. lawmakers approve safety standards for ride-hailing companies

The U.S. House of Representatives unanimously approved legislation on Wednesday requiring ride-hailing companies to establish a digital method that matches drivers with passengers before the beginning of a trip.

Introduced last year by Rep. Chris Smith, R-New Jersey, Sami’s Law, named after college student Samantha Josephson, who was killed by a person impersonating her Uber driver, has bipartisan support improving its chances of eventually being signed into law. The U.S. Senate has not yet...

https://s29755.pcdn.co/news/us-lawmakers-approve-safety-standards-for-ride-hailing-companies

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