Over 7,000 apply for New York for-hire licence ahead of cap


Aug 18, 2018-

Over 7,000 New York City car-for-hire licence applications were filed between the announcement of a one-year cap on new licences—a blow to the likes of Uber and Lyft—and the measure coming into force, the city regulator said Thursday. New York Mayor Bill de Blasio signed the bill into effect Tuesday, a first in the United States after a city council vote earlier this month. It stipulates a 12-month cap on all new for-hire-vehicle licences, unless they are wheelchair accessible, as well as minimum pay requirements for app drivers—regulated by the Taxi and Limousine Commission. The city decided on the suspension to allow the TLC, which is a powerful force in New York politics, to study the impact of the ride-share industry on New York. The TLC told AFP that 7,434 aspiring drivers rushed to apply in the six days between the vote and the mayor’s ratification. A TLC spokesperson said the applications were still under review and were not guaranteed approval. In 2010, before Uber emerged on the scene the following year, New York had about 37,000 for-hire vehicles and 13,500 taxis. (AFP)

Published: 18-08-2018 08:48

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