Uber and Lyft push up prices, increasing demand for traditional taxis

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LOS ANGELES (NewsNation Now) – While the July 4th holiday rush is now over, due to a nationwide driver shortage, Uber and Lyft customers are still facing multiple price hikes. This created a rebound push – renewed demand for traditional cabins.

At Los Angeles International Airport on Thursday, there was frustration among carpooling customers across the country.

“I knew it would probably be like up there, but not like almost a hundred dollars to get somewhere about 20 minutes away,” said traveler Breanne Bennett.

This extremely high price prompted Bennett and his friend to simply take a cab. Other customers have also defected.

Long waits and excessive prices have popped up everywhere, just as more and more Americans are traveling and going back to their routines. The frustration stretches from LA to Las Vegas, Chicago and New York. But it’s not just big city customers; there is even disappointment in Charlotte, North Carolina.

“They said an Uber would take about 18 minutes to get to us, and then after that the ride ended up costing almost $ 30 to get back. I just sit around the corner,” a traveler told NewsNation.

The number of customers annoyed by carpooling is fueling a significant return to traditional taxis. In San Francisco, many use the yellow taxi app, YoTaxi !.

“I had such a good experience and I was so surprised. I mean, save almost more than double what I would have paid by taking a Lyft or an Uber, ”said Noah Rosenblatt, a resident of San Francisco.

Another option that customers use is Flywheel, an on-demand taxi app that has seen demand triple.

“I think Uber and Lyft are probably going to readjust the prices up because they got so many complaints about it. But until that happens here, I think the taxi drivers are here for a good time, ”said Flywheel chairman Hansu Kim.

In a statement, Lyft told NewsNation in part, “We have added thousands of drivers over the past few weeks, and this is already leading to a better driving experience with wait times down by over 15% to nationwide and 35% in some large markets.

In LA on Thursday, carpooling users reported shorter wait times, but many prices are still high.

“They charge you a lot. Like $ 70 for a ride. But, everything has its pros and cons, I guess, ”said Azalea Martinez, a Lyft customer.

Ridesharing companies hope more drivers will return. But in online forums, former drivers say it’s not worth it, given the lack of a significant wage hike with prices rising against a backdrop of much higher gas prices.


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