New York City officials are moving to restrict the number of Uber and Lyft vehicles allowed on the road as part of a move to contain the massive growth in the for-hire vehicle industry that has been blamed for worsening congestion and low wages for drivers.
The legislation that’s being considered by the City Council would make New York City one of the first cities to cap the number of ride-hail vehicles on its streets, according to the New York Times. Council Speaker Corey Johnson, a Manhattan Democrat, supports the measure, while Mayor Bill de Blasio has voice support for new rules for ride-hail companies. De Blasio proposed his own attempt to cap Uber and Lyft vehicles in 2015, but eventually dropped it after a bruising battle with...
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