After taking on taxis, ride-share services now challenging public transit in U.S.

By Clyde Hughes : upi – excerpt

Jan. 8 (UPI) — While taxi companies have long complained about ride-share services like Uber and Lyft cutting into their business, ride-hailing may be eating away at a new victim — public transit.

In some of the largest cities in the United States and around the world, public ridership is falling in areas where ride-sharing services are on the rise. In cities like New York City, which just landed a future location for Amazon new East Coast headquarters, there’s been a noticeable drop in subway and bus riders — while ride-sharing picked up nearly 15 percent in one year…

“The actual amounts of riders added to for-hire vehicle-taxi market is strikingly similar to the same number of riders we see [declining] in subways and buses,” Mulligan told the NYC Transit board recently. “This is the best analysis and evidence that we have to date, of not just a correlation between for-hire-vehicle growth and subway ridership decline, but causation.”…. (more)

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