NYC Taxis Launch 50% Discount From Outer Boroughs To Manhattan During Rush Hour
This is in an effort to compete with popular ride sharing companies, Uber and Lyft.
This is in an effort to compete with popular ride sharing companies, Uber and Lyft.
Just this year, eight New York City yellow taxi drivers have taken their own lives, presumably due to decline in ridership from the growing popularity in ride-sharing apps like Uber and Lyft, causing those drivers personal financial strains.
On Thursday, Waave — an app approved by the Taxi & Limousine Commission (TLC) — announced fares into Manhattan during the morning and evening rush hours will be 50 percent off for those who order a yellow cab through the app. The app gives passengers the ability to request rides and get upfront pricing, surge-free pricing and an estimated time of arrival.
The discount is not only to help compete with Uber and Lyft, which were found to outnumber yellow taxis by 4 to 1, but to help taxis travel from the outer boroughs to Manhattan with passengers in their cars.
Waave CEO Daniel Iger says this will insure a better quality of life for both taxi driver and passenger.
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“For the first time, taxi drivers won’t be forced to kick off their shifts with a rider-less multi-borough trip, commuters can get into Manhattan quickly and inexpensively, and we can all enjoy the benefits of less crowded streets and subways,” Iger said in a statement.
The discount is available everyday from 6 a.m. to 10 a.m. and from 5 p.m. to 8 p.m., including weekends.
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