Ride-hailing companies see a ‘massive market opportunity’ in replacing bus and subway rides in the 4.4 trillion miles traveled by people on public transit in 175 countries in 2017.
Lyft emphasizes its capacity to supplement public transportation “by providing rides for the first and last leg of commute trips, late-night rides home and shuttle replacement rides.” Uber, too, says it wants to solve the “first-mile, last-mile.”
Read the article at The New York Times.
The post How Ride-Hailing Companies Hope to Benefit From Public Transit appeared first on Fleet Management Weekly.
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