World News: 22:12 GMT Wednesday 12th June 2019. [Yahoo Business News Feed via SPi World News]
Mayor Bill de Blasio announced Wednesday that New York will extend a cap on the number of licenses issued to for-hire vehicles operated by companies such as Uber and Lyft. 'For too long, app companies have taken advantage of hardworking drivers, choking our streets with congestion and driving workers into poverty,' de Blasio said in a statement. Currently, the number of for-hire vehicle licenses exceeds 120,000 in the city, according to a report released this month by the Taxi and Limousine Commission.
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.