Connect with us

Hi, what are you looking for?

Business

Lyft to add fuel surcharge of 55 cents due to rising gas prices

Lyft said Wednesday riders in the US, except for those in New York City and Nevada, would have to pay an extra 55 cents for their commute as the ride-hailing company looks to cushion the impact of high gas prices on drivers. Companies hiring gig workers have started imposing these surcharges as drivers on social media protest about high gas prices due to Western sanctions on Russia, a major oil producer. The fuel surcharge policy kicks in starting next week and will stay in place for at least 60 days, Lyft said, adding that the money will go directly to drivers. According to the Associated Press, the surcharge is not applicable in New York City due to a recent 5.3% increase in the minimum earnings standard for drivers there. The company is also working to have the surcharge implemented in Nevada, but said the state’s regulatory requirements prevent an immediate rollout there, the AP reported. Lyft’s move mirrors that of rival Uber, which said its customers would have to pay a surcharge of either 45 cents or 55 cents on each trip. On Tuesday, food-delivery company DoorDash had said its US delivery partners would be eligible for a 10% cashback on gas purchases beginning Thursday.




You May Also Like

Business

Activist investor Starboard Value has purchased a 6.5% stake in web services firm GoDaddy worth about $800 million, according to a regulatory filing with...

Business

Contact The Author Female employees at CNN are furious that chief spokesperson Allison Gollust is keeping her job after lying about her affair with...

Business

North Korean hackers managed to steal a fortune in cryptocurrency in 2021, according to the results of a recent study. Cybercriminals based in North...

Business

Katie Couric dished on Jeff Zucker and Allison Gollust’s relationship in her tell-all memoir last fall, saying it struck staffers as “super strange” when...

Business Tribune