EPISODE · Feb 3, 2025 · 26 MIN
🔐🖤🩷 Can NYC TLC Stop Uber & Lyft Driver Lockouts?
from AutoMarketplace NYC · host AutoMarketplace
Also available on YouTube ⬇️ TABLE OF CONTENTS 0:00 Intro 1:29 What is fair compensation for an NYC TLC driver, and how is it determined? 2:22 February 5th, TLC public hearing details & how to sign-up 2:42 First principles of NYC driver compensation 5:52 James A. Parrott TLC Driver Expense Report (Dec 2024) 6:47 NYC per mile rate calculation = $0.879 8:26 Uber says it won’t dispatch vehicles 2019 and older? TLC says Uber is lying 10:19 “Predatory” leasing companies and release of FHV licenses (TLC plates) 11:42 Justifying higher per mile rate: comp. & collision insurance expense related to auto loans 13:37 Many insurers unwilling to underwrite Tesla (EV) comp. & collision insurance 15:00 Quick overview of per mile and per minute rates related to NYC TLC driver pay formula 16:33 Utilization Rate (UR) quick explainer 18:12 Why do we believe NYC does not need a utilization rate (UR)? Relation to lockouts? 22:54 If UR is kept, HV daily trip threshold needs to be raised to 100,000? Juno? 24:47 72 hour driver lockout notice? 25:40 Conclusion AutoMarketplace covers the NYC for-hire transportation industry and automotive news. Check out AutoMarketplace on YouTube ▶️ ☂️ Need help finding an NYC TLC insurance broker? Click here. 🗣️ Interested in advertising with us? Click here. Get full access to AutoMarketplace at automarketplace.substack.com/subscribe
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🔐🖤🩷 Can NYC TLC Stop Uber & Lyft Driver Lockouts?
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