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surge pricing

Proposed law to rein in Uber and Lyft surge pricing stalls in Washington state

Washington state lawmakers have abandoned an attempt to limit the cost of ride-hailing fares during large public events. Senate Bill 5600 would have restricted fares to 120% of what a… Read More

Lawmakers take aim at Uber and Lyft with bill targeting surge pricing after big events

After a big sporting event or arena concert, fans flood city streets in search of a Lyft or Uber ride. To help meet demand, ride-hailing companies tack on surge fees… Read More

Here’s what Uber really thinks about surge pricing — and no, they’re not killing it entirely

Uber is denying an NPR report from earlier today that described the company’s plans to eliminate its controversial surge pricing technique. NPR interviewed a top Uber engineer and noted that “killing… Read More

Surge pricing could be coming to a popular restaurant near you

It’s probably the most loathsome two words in service land — surge pricing — and it might become a common restaurant practice soon. Made famous by Uber, which has even… Read More

Uber expects to provide 2 million rides worldwide on New Years Eve

New Years Eve 2014 could end up being Uber’s busiest day yet. The on-demand transportation company this morning held a conference call for reporters ahead of Wednesday, when it expects to provide… Read More

Uber wants to patent controversial surge pricing technique

If you don’t like how Uber applies a surge pricing model to help meet demand during busy times, well, it doesn’t appear to be going away anytime soon. Bloomberg reports… Read More

Uber agrees to cap ‘surge pricing’ during disasters, donate its share to Red Cross

Critics of Uber have often criticized the transportation company’s use of “surge pricing” to up the price of its service during extreme weather. Today, the company changed its policies to make… Read More

Lyft introduces ‘Happy Hour’ feature that lowers price of ride when demand drops

Not only does Lyft raise prices of rides when demand is high, but now the transportation company is lowering rates when demand goes down. Called “Happy Hour,” the new program… Read More

Riding Uber on New Year’s Eve? Here’s how to avoid paying a ridiculous price

If you’re celebrating tonight to ring in the new year, driving a vehicle likely won’t be a good idea. That’s why it’s nice to have taxis, buses and companies like… Read More

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